“An IPO is like a negotiated transaction – the seller chooses when to come public – and it’s unlikely to be a time that’s favourable to you.”
— Warren Buffett
Probably for the 1st time last 10-12 years, that a CY is ending with all IPOs in the green or making their investors happy!
Not all IPOs listed with gains: #UTIAMC #EQUITASBNK #ANGELBRKG & #SBICARD listed below their IPO price.