Initial Public Offerings (IPOs) have come a long way in India since the early days of fixed pricing. Over the last 2 decades, we have seen a number of major shifts in the IPO market like the introduction of book building, reduction in the number of days to listing, ASBA and the list can go on.

How to pick the best Ipo for you?

You need to do the same due diligence like you do in case of the secondary market investment. The only difference is that in the case of a new issue, not much public information will be available. You need to focus principally focus on management quality, management track record. The profitability of the company’s operations, any pending litigation, and contingent liabilities, the sustainability of the business model, proposed end use of funds, etc. There are no hard and fast rules to identify a good IPO but the above pointers will help you take a more rational decision. One can also take a look at IPO grading by brokers as a benchmark to take a decision on whether the IPO is good or not. My recommendations: These are some IPO based on my observation:  

Lodha Developers - Lodha Developers, is the Mumbai based reality house, has disclosed its aim to raise funds nearly to Rs. 3,000- Rs. 6,000 crores through IPO.

Bharat Serum IPO- Bharat Serum IPO has disclosed its aim to raise funds nearly Rs 2000 crore by selling a 30% stake through this IPO. The company's recent data targets to release the IPO by mid of 2018-19.
The NSE IPO or National Stock Exchange IPO - If you see past IPO charts, NSE is seen as one of the largest IPO of the 2018 year. The National Stock Exchange is one of the oldest stock exchanges in India and the fourth largest stock exchanges in the world.