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.
Mcap of 8 of top-10 firms erodes by Rs 1.55L cr
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj