IPO nightmares for anchor investors!
Barring a handful of issues, gains for anchor investors post lock-in expiry have not been spectacular.
Barring a handful of issues, gains for anchor investors post lock-in expiry have not been spectacular.
Paytm Canada App will be shutting down permanently from March 14; scheduled payments and top-ups for Paytm Cash have already been disabled.
The offer-for-sale portion comprised 60% of overall IPO mop-up
The Paytm debacle shows how sentiment-driven investing does not work. One should know newer ways of evaluating new-age IPOs.
Berkshire Hathaway sells 1.4 million shares; continues to hold 2.41% stake in One97 Communications.
Foreign brokerage believes path to profitability is not clear since company lacks leadership in most segments.
Foreign brokerage Macquarie expects price to fall 44% to ₹1,200.
Analysts divided on India’s largest stock market debut.