I belong to segment of people who believe that investing in IPO should be avoided unless you understand the company and its future well and also understand the price for which its being offered in IPO. And due to very less information on such companies, chances of going wrong are high.
But 2020 is different. Looking at some prominent IPO which have come in last 12 months, one must have made good money on listing, although holding might have been more painful for many investors
Listing Gains are 30% on an average, which is really good for year 2020 while despite being these stocks tanking after listing gains, diligent people might still be sitting on 10-12% gains for a year ( may be more if compounded annually calculation brought into picture)
Other notable point is most of these IPO are of smaller size relatively leading to oversubscription and listing gains.
Also read : https://alpha-affairs.com/category/ipo/
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