The IPO season is back in the Indian market; Yesterday Thyrocare got listed on Indian bourses with more than 50% of premium. Ujjivan Financial Services will make the debut today, Parag milk foods owner of Go and Gowardhan brands of dairy products, is in the pipe line.
I have been always arguing the case Do IPO’s really make money for the investors? Yes/No
There is a proactive paper published in 2012 arguing that Initial Public Offerings (IPOs) must simply be abolished by Adam Pritchard (“Revisiting ‘Truth in securities revisited’: Abolishing IPOs and harnessing markets in the public good”). He suggests that Continue reading “Shall IPOs be abolished ?”