Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Does good listing performance of IPOs managed by a merchant banker mean good long-term returns?

Not necessarily. Listing gains show short-term demand. While long-term returns depend on company fundamentals, earnings growth, management quality and industry outlook.