Overall, HNIs have profited in 16 out of 27 IPOs in 2021
Aptus Value Housing Finance, Chemplast Sanmar latest to make tepid debuts
The government is also planning a big advertisement campaign for the listing of the IPO
The listing process in India is unfair to the people who are building new firms
Investors with a compulsive need to participate in any ongoing action should do so by having a 'mad money' allocation-money they can afford to lose
Indian laws permit listing on international bourses through indirect listing of equity shares through the American Depository Receipt/Global Depository receipts (ADR/GDR)
Among the prominent buys in the mid-cap space were Indraprastha Gas (Rs 942 crore), Aditya Birla Fashion (Rs 272 crore) and Emami (Rs 227 crore)
The Pune-headquartered life insurer has been topping industry growth chart for long
The response to both issues was modest when compared to recent IPOs
Markets are booming but high valuations can be a spoilsport
CarTrade Tech fully subscribed, Nuvoco Vistas Corporation subscribed 30 per cent, while Aptus Value Housing and Chemplast Sanmar subscribed 24 per cent and 16 per cent respectively
Any company launching an IPO takes valuation cues from the secondary market, which bankers say are "encouraging"
Market regulator observes several shortcomings in the existing procedure
Of this, Rs 3,750 crore will be fresh issue portion and OFS of Rs 2,267.5 crore
Policybazaar was founded in 2008 to tap the large population of under-insured in a country of 1.3 billion people
Sources said the market regulator is yet to give a go-ahead to the exchange
Low interest rates, hefty returns have driven record demand for IPOs, but with valuations for newly public companies now at levels last seen during dot-com bubble, some analysts are raising concerns
The flood of money gushing into start-ups is a seminal moment for the markets, even if all this new capital is burned
Paytm's IPO plan comes at a time when several first-generation homegrown startups in India prepare to go public on domestic bourses
Investors bragged on Twitter about snagging shares in the startup, yearning for the sort of returns Facebook Inc. and Alibaba Group Holding Ltd. generated