ipo

ipo - initial public offering
@shilpaum (1752)
India
January 19, 2007 12:03am CST
Can anybody advice which one is the best choice from the upcoming issues? Reliance petrolium, Tech Mahindra, Akruti Nirman...or something else?
2 responses
@gokhale (97)
• United Arab Emirates
15 Jan 08
Invest in Reliance Power IPO. Last date is 18-01-2008. Apply for 225 shares at Rs 115 per share for a high listing gain. Expected to list in first week of Feb 2008.
@csilop (46)
• United States
19 Jan 07
Personally, I wouldnt invest in an IPO if you dont know anything about the company, as Im asuming you dont know much about those companies. There are many good growth stocks out there. IPOs are really unstable, and you may get burned. I would wait for an IPO to come out in a field that you know, then pull the trigger. Also look for some good growth stocks in foreign markets, such as India or China.