Mitul Shah & Associates

IPO market hot, but value is not

Newspapers, television, websites, mobile apps — all flooded with IPO ads. Brokerage firms and analysts are buried deep in DRHPs, trying to decode them and produce sharp reports. Lead managers, merchant bankers, promoters — they’re out there hosting roadshows and pushing hard for oversubscription. India’s IPO market is buzzing. What should one buy? Which has […]