CHECK THESE FACTS OUT BEFORE INVESTING IN AN IPO…

     After a fairly long lull of over 5 years between 2010 and 2015, IPOs are back in the reckoning over the last couple of years. Apart from quality IPOs like Alkem, Dr. Lal Pathlabs, Interglobe Aviation, Avenue Supermart and Sankara Building Products that performed exceedingly well after their listings, IPOs on an average have performed very well post listing in the last 2 years. Additionally, there has been quality paper hitting the market. After ICICI Pru Life became the first insurance company to get listed through an IPO, both SBI Life and HDFC Life are following closely behind with their IPOs. Additionally, two PSU general insurers viz. GIC RE and New India Assurance are also planning an IPO. While IPOs raised $2 billion in the fiscal year 2016-17, we are likely to see IPOs of nearly $5 billion in the fiscal year 2017-18.