News From Press Missed IPO rush or did not get share allotment? No regrets; know why retail investors should avoid IPOs

Missed IPO rush or did not get share allotment? No regrets; know why retail investors should avoid IPOs

Source: ET Dec 4, 2023

IPO investors in India have committed Rs.5.41 lakh crore to the 10 IPOs launched in November this year. Given that the bank traces the IPO application amount in ASBA (application supported by blocked amount), this was the actual money that was put up, not just a paper number. Of course, most of it came back, but it was real money.

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