The details of the company launching the IPO which is to still make its way to the Dalal Street are not as revealed as that of a listed company. So, investors trying to take position in a certain IPO should do all possible research including extract details on the company’s promoters, objective of the IPO issue as lay-men shall be at a difficult position to conclude as to whether or not the issue is reasonably priced.
Also, one needs to look out for the background of the company before risking away their hard earned money.
For such and other details reading the fine print provided in the Prospectus shall be highly important as it comprises all such information as company’s line of business, financial statements, issue objectives, management commentary etc.
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