Rajat Sharma said India is currently riding an IPO wave.(Photo source: CanvaAi/NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The demand for initial public offerings (IPO) has not slowed down despite valuation concerns and muted listings for some mainboard issues in recent weeks. Institutional investors, especially Indian mutual funds, continue to show interest in loss-making IPOs, not to appease bankers or secure future allocations, but because of the strong appetite for deploying capital, an investment advisor explained.

According to Rajat Sharma, founder of Sana Securities, the surge in mutual fund schemes has created a need for new investment opportunities.

“Five years ago, India had barely 3,000 listed companies, yet the flow of money into equities was

See Full Page