@Hope is life Dear rule is not a perfect for any one . It depends and varies from person to person and there thinking and nature.
As per my nature and faith I used to sold IPO allotted shares immediately if it list below the last heard grey premium rate and if list above that then used to sell in 2 or 3 parts on listing day itself with some exceptions and generally don't keep allotted shares as in our ipo trends whatever liquid money one has always shorten to apply so liquidate immediately and go for another issue.
Also I work on the return (interest) basis on my own money .
So if return for the year around 18 to 24 % then it is more then my expectations and never used to make speculation.
Hope it will clear your mindset about me ..
Txs for asking.