Check an article by Anand Vijaykumar on "Things to check before subscribing to an IPO"
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Some Last Words by Anand Vijaykumar: As with any stock market investment, the chances of Losses are very real. As this is the first time the stock of this company is going to get listed, the chances of losses are even higher. More importantly, NO technique of Stock Analysis is fool proof. This is just layman’s way of analyzing an Issue. A lot more analysis is done by Brokerage Houses and Investment Advisors before advising their clients as to whether they must invest in or avoid the IPO. As I always say, believing blindly in advisors recommendation is a bad idea. So, if you read a report suggesting you either invest or avoid an issue, you can spend some time, do the calculations yourselves and corroborate the decision...
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