The IPO Bazaar: Should You Shop or Drop?
Get ready for a 2024 IPO rush! Unicorns like Ola Electric & Firstcry lead the charge, with Oyo, Mobikwik, and more set to join the party. Kotak predicts 15-20 unicorns going public, but are they just chasing hype? Shaky finances and inflated valuations raise red flags. Will investors bite? Or will a market correction leave them holding the bag? Can shaky startups survive public scrutiny? Spotting the gems in this IPO haystack requires new metrics, not just hype. ET’s Mugdha Variyar talks to Samir Arora of Helios Capital to see if these tech darlings can enchant the market. Rajat Ranjan…
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