We've got you covered
We are here to guide you in making tough decisions with your hard earned money. Drop us your details and we will reach you for a free one on one discussion with our experts.
It is possible, but not recommended. This is because you will have to pay interest rate and processing fee in order to get a loan. This will increase the cost of your investment capital. Let's say you take a loan of Rs 1,00,000 for 1 Year at a rate of 15%. The processing fee is Rs 2 000. The bank will charge Rs 1, 00,000.000 plus Rs 2, 000 + Rs 15, 000. This is a simple calculation. This amount is 17% higher than the investment amount for an IPO.
Every IPO comes with some risk. It could open at a lower price or not open at all. You would lose a greater amount in such cases. It's better to save money, wait and invest.