I know the whole world is looking Wall Street, so i thought why not me as well? So i applied for IPO of a local bank for the first time and guess what?
I didn’t get any shares…. there was more than 40 similar names but Sigh!! I had waited for 3 gruesome hours in that long….so called short but never ending line but still…… May be you gotta have a luck or one attempt is not enough! I dunno which one is true though…
But still am optimistic about another bank… soon IPO is opening and i am all set to invest again…. hopefully that time my luck would work 
July 10, 2009 at 6:26 pm
my first attempt for investing in IPO never saw the day of light. Despite applying so early. and the person in my office who applied in last hour of closing got the shares.
Don’t lose the heart eventually it will work out.
Also if you are that keen you can always buy in secondary market after listing when correction happens.
July 11, 2009 at 12:52 am
IPO stands for Initial Public Offering..Tht’s all I know..
So whtever it is, all the best!
July 11, 2009 at 11:58 am
*BlueMist
But allotment is on the basis of a lottery draw, right?
*DK
Don’t despair… You’ll eventually get your ’share’ of the pudding (pun intended)
July 14, 2009 at 6:04 pm
You are right USP. That’s where my luck wheel stops spinning