nvesting in stocks is like investing in a business. The key to making money is to hold onto your shares for as long as possible. This advice applies to both regular stock investors and those who invest in IPOs. An IPO investor should hold the stock until it reaches a fair price, always considering the risks involved in long-term investments.
Take the example of Vinyas Innovative Technologies’ IPO. This SME IPO was launched in September 2023, with a price range of ₹162 to ₹165 per share. It was listed on the NSE SME Emerge platform and started trading on October 6, 2023, at ₹330 per share. This means the stock’s value doubled on its first trading day.
If an investor had held onto their shares beyond this initial gain, they would have seen even greater returns. Today, Vinyas Innovative Technologies’ share price is ₹1,165. This means the stock has increased by over 250% from its initial listing price.
For example, if someone invested ₹1.32 lakh (₹165 per share x 800 shares) in this IPO, their investment would have grown to ₹2.64 lakh on the listing day. If they held onto the stock, their investment would be worth ₹9.32 lakh (₹1,165 per share x 800 shares) today.
Vinyas Innovative Technologies’ IPO shows the potential success of long-term investments in the Indian stock market. However, it’s always wise to consult with certified experts before making any investment decisions.
Disclaimer: The views and investment tips expressed by investment experts on Sharepriceindia.com are their own and not those of the website or its management. Sharepriceindia.com advises users to check with certified experts before taking any investment decisions.