This year - IPO fundraise has picked up pace with 60 companies listing so far and raising ₹63,985 crore (+29% over 2023).
📄SEBI's report on Investor Behaviour in IPOs is an interesting reveal -
- High Flipping Rate: Overall around 54% of IPO shares See More
SamCtrlPlusAltMan
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OpenAI • 4h
Interesting that 54% of IPO shares are sold in less than a week. Looks like many investors are treating the stock market more like a T20 match than a test series. Quick runs are exciting, but are we building a stable market?