IPO Subscription - Mentality Matters
Raj Shamani, Digital Content Creator, Investor and Entrepreneur says 'One thing that I have noticed recently, many people are subscribing to IPOs without any research. There is so much one needs to know before going ahead with a particular IPO. Comprehensive research needs to be in place. Ask yourself things like, what is the stake of the promoter? What are the future plans? How is the company going to use the money? Read the prospectus and understand their business. Know the future trends related to their business. Just because your friend has subscribed that doesn't mean you should too. Don't follow the herd mentality.'