In the meantime few stocks covered in my thread recommended to buy on listing like MRSS which got listed at 120 odd in Dec 16 is now 610 & Sheela foams at 800 odd is 1468 & Apex Frozen food at 202 is now 408,PSP project at 190 is now 361 .Shankara Building at 555 is now 1509,VSCL at 56 listing price is now 131 .
Shows one can get superb returns in IPOs even when one buys on listing day provided one is choosy n selective . Credit also goes to liquidity rush by domestic investors n bull mkt
I bought some Prataap snacks on listing day with a 2 year POV betting on first gen promoter ,good cagr shown & expected in future,Sequioa backing & hand holding,improvement in margins in future .Lets see how it performs. Views Invited.