The companies you mentioned were not having good financials at the times of ipo.Only a few(1-2) were having mediocre financials.None of the names had subscription more than 25x.This clearly shows mentioned companies did not have that much potential to be multibagger.I know many companies with lower subscription gave (200-500x) returns which is phenomenal but in stock market you cant always get everything right.Those stocks can be bought later too.
If one had invested in all ipos with super financials One would have crores/lakhs in his bankaccount/portfolio.
Finding a particular stock that to be a multibagger is almost impossible so during welath creation all successful people create portfolio with x number of stock in which 70-80% of stocks would give decent recents,10-15% of stocks would make your investment almost 0,the rest 5-10% of stocks become multibagger(20/50/100/500x) thus how welath is created.
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सर्वे भवन्तु सुखिनः, सर्वे सन्तु निरामयाः