Key Points
In a situation where the overall market is not doing really well is, there could be a sense of follow-up buying coming up or follow up demand coming up on some of these names..
I have never been an IPO man because the way IPOs are structured in India is that it leaves a lot of unmet demand and much of the demand is many times evaporative demand that means demand evaporates pretty much on just the listing date...
But having said that, post listing is a bit of a tricky game because you have to wait for that evaporation of demand...
But given the subscription that we have seen, a lot of demand will just evaporate on the IPO listing date...
