One of the very big ones in the past has been the Zomato IPO, and the memory of Zomato will not fade away very quickly. It doesn’t seem like it’s worth the hassle to enter a company that is so expensive.Ĭonsidering the recent tepid listings, do you see sentiments taking a hit in the primary market? They may be decent companies, but at the valuation that they’re listing at, it does not make sense to lock money for a week and hope to get a return. So, I feel that all the IPOs that have been listed in the recent past are too expensive. And at the IPO stage, a lot of them offload a huge chunk of equity they have carried in the previous years, and they want the best buck for holding onto it, and having invested early. There are many savvy investors who come into these tech companies’ journeys early on such as VCs (venture capitalists). None of these companies are leaving anything on the table for retail investors, especially tech IPOs such as CarTrade or Zomato. I think the problem is with how IPOs are being priced. You’re no fan of initial public offerings (IPOs).

Sector clear not clear not clear