The Indian Primary Market experienced a significant surge in IPOs in 2024, attracting investors of various ages. However, many common pitfalls can mislead newcomers. Key mistakes include overreliance on the grey market, herd mentality, and succumbing to investment fads or bubbles. Additionally, basing decisions on subscription data or neglecting one’s comfort zone can lead to poor outcomes. Investors often overestimate their staying capacity and mistakenly submit large applications, unaware of equal allotment chances. Awareness and independent research can help circumvent these errors, enabling informed decision-making in the IPO landscape.