I have invested in Innoventive Industries IPO on the last day. This is not usual for me as I don't find valuations attractive and quality of IPO is not gret. However, I am bit tired of watching my Capital earning sub-optimal returns. Let us see if we are lucky to make some money here. The other investment in Muthoot should certainly bring in some little profit.
I am taking a hard look at IPO investments of MOIL and Punjab and Sindh Bank. I would like to close these trade now, albeit a bit negative. Once again, reminds me to stay with the stated approach of liquidating immediately on listing. Both were kind of exception as they did not meet my target. Nevertheless...
I continue to be very busy with work, including weekend. So I am running out of bandwidth to catch up with my investment reading.
Regards, Rohit
I am taking a hard look at IPO investments of MOIL and Punjab and Sindh Bank. I would like to close these trade now, albeit a bit negative. Once again, reminds me to stay with the stated approach of liquidating immediately on listing. Both were kind of exception as they did not meet my target. Nevertheless...
I continue to be very busy with work, including weekend. So I am running out of bandwidth to catch up with my investment reading.
Regards, Rohit
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