DLF-IPO -r u going to invest in it..?

Oh... THAT IPO... hey... I've been waiting for DLF to go public. I'm going to tell my broker to buy 1000 shares... should double my money by the end of the month.

I would agree with the others that the IPO is less safe than many other blue-chip large cap stocks. But then leaving your money in a checking account is even safer than any stock. The problem is that your return is zero. I've seen many great performing IPOs and some poor ones over the last year or two. Some industries or sectors will generally be hotter than others. Another factor is that the number of IPOs per quarter goes through phases. A couple years ago there were very few. Now there are many new IPOs every quarter. At some point, the market gets saturated by too many IPOs. This is one reason why the other answerers are so negative; they remember the "saturation" phase when most IPOs fail to perform.