Is there any MAX limit on amount one can invest in IPO. E.g. upto 1lac only etc?

Maura asks:

I am basically planning to invest in Reliance Power IPO so can I invest max of 1lac only and that to less shares will be allocated.

2 Comments to "Is there any MAX limit on amount one can invest in IPO. E.g. upto 1lac only etc?"

Versie

One of the first trading rules I was taught AND LEARNED:

NEVER, EVER have more than 10% in any one stock.

This means 10% of your trading account AND more than 10% in any one position.

In either event you are far too vulnerable and you have far too much exposure.

This would be like “putting all your eggs in one basket”.

If the trade goes against you and you lose money, it may take several partials to sell all your shares.

The brokers have more money and control than any one investor.

You can ALWAYS add to your position at a later time.

Thanks for asking your Q! I enjoyed answering it!

VTY,
Ron Berue
Yes, that is my real last name!
Summer

yes above 1 lac will bring you in HNI instead of retail individual. Besides Rel Power is looking very good