All recent IPOs are very highly priced and I see that all the experts have an Avoid rating on all of them and CRISIL ratings are also not very impressive. So do you think Age of IPO investing is over?
Ashwin Jani, reader of the blog asked me
What are your suggestions and guidance for recent IPOs.
Aqua Logistics Limited
Vascon Engineers Limited
D B Realty Limited
Syncom Health-care Limited
Thangamayil Jewelery LimitedThanks
Ashwin
And without going into the details of each of them I replied
In general all of them are highly priced.
And this was not done after any research but a simple reply.
I did reply very fast but how did I knew that. I just Googled about each of them and saw the title of what other experts have suggested.
I see that all the experts have an Avoid rating on all of them and CRISIL ratings are also not very impressive for majority of them.
So do you think Age of IPO investing is over?
