Should I invest in the upcoming IPOs?
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IPOs are the products of the bull market. The companies generally get public when everything is good in the market like people are optimistic, the economy is doing well to earn listing profits. The real test of a company is during the bear market i.e how they survive in the falling market.
If the individual can find such IPOs that are very promising (good business model, strong financials, efficient management, decent valuation etc), then feel free to invest in them.