Ashish K investing in this company is not alone to invest in this company or any company for that matter for the following reasons:-
1. He might have invested at a price far lesser than Issue price so his return at IPO price might be already very high. So there is ample margin of safety if listing is below expectation but retail/HNI investors might be at a minimal profit/loss. 2. He might be risk taker. 3. His investment might be for long term.
We have to invest based on the current valuations, past growth, future growth prospects, quality of management. debt profile, profit margins, ROE, ROCE. In this way the chances of loss are minimized and increases conviction in the stock.