Before Zomato’s 2021 IPO, Info Edge founder Sanjeev Bikhchandani advised pricing for balance: protect retail investors, satisfy institutions, and ensure long-term reputation. His framework emphasised conservative pricing, avoiding excessive first-day pops, and maintaining trust. The guidance foresaw risks of underwater IPOs, highlighting ethical and strategic considerations for high-growth tech listings.
SBI mobilises Rs 6,051 crore from Tier II bonds to fund biz growth
The Rs 400 crore GSP Crop Science IPO enters its final day with 96% subscription, led by strong NII demand while retail interest remains muted.