Can anyone provide some info on why IPOs are becoming big hits in india..
For eg DLF, Vishal Retailers, Spice Tele all have been great hits recently and few like OMAXE, Central bank of India, etc are already catching attention.
Look, the main reason is the investment done gives a good return. 9 out of 10 IPOs always open with premium. With this booming stock market and growing economy the money invested for 21 days surely gives you gr8 returns.
India has turned out to be the 7th largest investor hub for IPOs
