IPO watch: After opening of four more IPOs along with much awaited Tata Technologies IPO, primary market investors may find it difficulat to use their money in current scenario as most of these public issues are looking strong. At a time when stock market experts are expecting strong listing premium from these public offers, one should use one's money in smart manner and maximise one's return. According to stock market experts, out of these five mainboard issues — Tata Technoligies IPO, IREDA IPO, Gandhar Oil Refinery IPO, Flair Writing Industries IPO and Fedbank Financial Services IPO — Tata group's public issue is expected to deliver highest return followed by IREDA, Flair Writing, Gandhar Oil and Fedbank Financial Services.
However, experts maintained that one would get listing premium only when they get shares of the company during allotment process. As Tata Technologies IPO is expected to recive maximum liquidity available in primary market today, chances of share allotment in Tata Technologies IPO is least. So, one needs to use one's money by not looking at possible listing premium only.
An applicant's first priority should be chances of share allotment, they said. Speaking on these five IPOs, Arun Kejriwal, Founder at Kejriwal Research and Investment Services said, "From listing premium perspective, Tata Technologies IPO is expected to give highest return followed by IREDA IPO, Flair Writing IPO, Gandhar Oil IPO and Fedbank Financial Services IPO. So, one must apply for Tata Technologies IPO.
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