Investing in IPO's India.

[Ray'sCookie]

Hi everyone,

I'm fairly new to this forum and trading in general, although that should change by the day.

Since I made a little sum of money while trading cfd's (by accident) and I know I'll lose this money trading cfd's, since I'm so new to it, I would love to invest this money on a more long time base. So I came up with the idea to invest in IPO's in India.

How do I go about this? I contacted a broker called "zerodha" if it's possible to apply for IPO's. I haven't received a reaction since though

My question:
- Best course of action for applying IPO's in India
- Which other high risk high reward INVESTMENT options are available to me

Ray'sCookie (Netherlands)

 

[bourseindia]

In such a scenario it is but natural for the euphoria to pass on to the primary market. We have more and more companies coming out with IPOs or additional offers. And predictably enough, these issues have generated huge interest among st the investors and raised thousands of cores. Practically all such issues have been hugely oversubscribed. And most of them have given huge listing gains to the investors.
One good thing about the IPO market bis-vis the earlier times has been that most of them have been from good companies and at reasonable prices. This trend, however, seems to be tapering off and we are increasingly seeing public issues from the relatively not-so-good or known companies and at fairly stretched prices.

Therefore, it becomes necessary for the investors to become cautious and be more selective about their investments in IPOs.