@Sandeep Kumar sethi I am also holding IPO allotment shares of NMDC. 280 shares @ 285 from March 2020 in two accounts. One of the worst decisions for long-term. Great painful investment. Now two companies, NMDC and NMDC Steel. Little better position now. No doubt dividend paying. Difficult to come out from these now. I had sold IFCI and not applied in GIC.
Again very bad experience in LIC. But investors have to face such investment with some very good investments. There are many good PSUs also at present. But my holding of Power Grid @ 85.50, is very good. Two bonus given. Good dividend record.
Coal India OFS/FPO also gave pains. Now at good price and very good dividend record. Holding many PSUs. But difficult to discuss all. Some good IPO like Solar Industries and others are helpful to give experience.