Recently around 8 IPOs were available for applying and out of them 5 were showing good GMPs. Whenever some colleague asked me about the stock market, I ask them to apply for the IPO to start with. Only those IPOs whose GMP are good and they are direct shares and not offer of sale or promoter offloading.
PC: Pixabay.com
And that's how I have made sure that 4 to 5 colleagues have the DEMAT account and they apply for the IPOs. And 2 of them diligently ask me about the new IPOs and what to apply and what not to apply. Till now no one got any IPOs and thus they were getting demotivated. But today one of them got the Mamta Machinery IPO (which was the best among all the IPOs) and he sold with 160% returns. He has invested around 15K and got around 37.5K so the profit was around 22.5K which was insane. He called me after selling and saying that he is happy with the returns he got.
He was very happy and told me that he will apply all the IPOs which are good. And I am happy too. I have not got the IPO but I am happy that people like my colleague are taking the first step towards investment. I asked him to withdraw 15K investment and 15K profit and whatever is remaining, he should buy the NiftyBees and he agreed.
This is how one of my colleague have started the investing and I am happy that I helped him somehow. And similarly from my YouTube Vidoes also O try to convey the same thing to all that we should invest as much as possible. Means er should try to find a way to make out investmneg doubled, like how my colleague has done, his tiny investment to IPO has been doubled and thus now he will be hooked to invest more and more in the coming days.
