This may sound harsh but its a though provoking question which every investor should ponder.
The recent market buoyancy has triggered an IPO boom. Companies with good fundamentals are seeing huge oversubscription leaving investors with nil or low allotment. This is very annoying as there is a loss of opportunity to make profit in form of listing gains. Also investors would be disappointed by nil or low allotment as IPOs are an entry point for many new investors who begin their stock market journey. Companies with dull fundamentals or highly priced are ignored.
To address this situation, investing in stocks at a pre-IPO stage makes sense. The biggest benefit is getting the assured desired quantity. Also there is price benefit. This wealth creating tool was earlier available only to institutions, private equity investors and high networth investors.
But now, retail investors can also take benefit of such multibagger returns from investing in unlisted shares. Many fundamentally good companies will be floating their IPOs soon. For more details and buying pre-IPO shares of all companies about to bring out IPO soon, please call on 08108234400 or place your trade details here buysellunlistedshares.com/buysell/
The recent IPO of BSE Ltd (Bombay Stock Exchange) closed on 25 January 2017 with over subscription of 51 times. We have been dealing in BSE from Rs 300 levels since last 1 year.
Earlier, the IPO of private sector bank RBL Bank which closed on 23 August was oversubscribed 69.62 times. After strong investor demand in IPO, the stock listed at Rs 300 on 31 August 2016 and kept on cruising ahead thereafter and is currently trading near Rs 400 levels. The stock has already become 5-bagger for investors and we have been trading in the stock from just Rs 50 around 3 years back in unlisted market. Since then it has gone up steadily based on improving fundamentals.
There are many such stocks still available with multibagger potential in unlisted market.
|Company Name||No of times||IPO||Listing|
|Dr Lal Pathlabs||33||550||717|
|S H Kelkar & Co||27||180||222|