WHY THIS IPO BOOM MAY ACTUALLY BE DIFFERENT?
The Indian IPO market helped raise nearly $2 billion during the financial year 2016-17. It is estimated that in the coming year 2017-18, the IPO market will help raise nearly $5.5 billion worth of fresh money. IPO booms are nothing new to India. We have seen IPO booms in 1992, 1994, and 1999 and again in 2007. Each of these IPO booms resulted in excesses in the market and eventually ended up destroying wealth of investors. That is why, as the IPO market has picked up over the last 2 years, the question of whether we are again sitting on an IPO bubble is back in circulation.
Source:-Angel Broking Blog.
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