India’s primary market is witnessing a rush of IPOs, giving investors more options but also making it harder to decide where to deploy their money. With multiple issues competing for investor attention and capital at the same time, the challenge is no longer finding an IPO to apply for, but identifying the issue that offers the most attractive risk-reward opportunity.
The scale of the opportunity and the dilemma was evident on Wednesday, September 9, when as many as 10 mainboard IPOs were at different stages of subscription. Six IPOs opened for subscription that day, three entered their second day of bidding, while another issue reached its final day.
