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Lost money in recent IPO listing? Here’s a 5 step checklist to decide whether to apply for an IPO
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financialexpress.comThere was a lot of hue and cry about a recent IPO listing in social media and how lakhs of investors lost money in the IPO after the listing happened at a discount and the share continued to slide further later in the day. Most people apply in IPOs without doing proper research and for reasons as absurd as these – oh, there is a good premium in the gray market, it’s a well-known brand and everyone is talking about how big the IPO is, my stock broker has recommended this IPO, so on and so forth.
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