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.

Is it risky to apply to IPOs with very high numbers of retail applications?

Yes, because:

  • Allotment chances drop sharply
  • Listing may disappoint if hype drives unrealistic expectations
  • Short-term investors may exit quickly, increasing volatility