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Nithin Kamath says IPOs are a full-on party
Original: nithin kamath
Zerodha co-founder Nithin Kamath commented that India's IPO market is 'a full-on party', noting that 67% of recent listings are trading above their issue price even as the broader market slumps. His remark is drawing attention from investors debating whether current IPO enthusiasm reflects genuine demand or overheated speculation.
Why now: His comment on unusually strong IPO performance amid a weak market has struck a chord with Indian investors.
Evidence
- Zerodha Registers 28-Day-Old Baby as Youngest Account Holder · The Times of India
- Nithin Kamath: ‘IPOs are a full-on party’ as 67% of recent listings trade above issue price despite market slump · Business Today
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