In the month of September alone, Indian markets saw over half a dozen initial public offers (IPOs), where Happiest Minds Technologies, Route Mobile and Chemcon Speciality Chemicals more than doubled on market debut, listing with over 100 per cent gains. But should this fact be enough to invest in any stock which logged 100 per cent or more gain on the share market listing? Prakarsh Gagdani, CEO, 5Paisa.com, says that it depends more on the investment objective of the investor. Prakarsh Gagdani also says that IPOs are a very smart way to invest, especially for the people who are new …
