| Log in
Photo Credit: Thinkstock

How the super-rich are distorting merchant banks’ IPO price discovery efforts

09 August, 2017

When hypermarket chain D-Mart made its debut on the stock markets in March this year, its shares doubled on the first day itself. The blockbuster listing came after its initial pub ....

To read the Full Story

Definitive news, exclusives, analyses and videos

  • Exclusive reporting, expert analysis and commentary on PE/VC/M&A deals & dealmakers
  • Daily, weekly and monthly curated newsletters on the deal ecosystem in India
  • Breaking news alerts
  • Participation in marquee events at concessional rates

Comprehensive | Accurate | Unbiased | Impeccably sourced


View Comments
ICICI Bank’s stock brokerage unit files for IPO

ICICI Bank’s stock brokerage unit files for IPO

Ankit Doshi 2 days ago
ICICI Securities Ltd, the stock brokerage and merchant banking arm of ICICI, ...
PE-backed MAS Financial IPO fully subscribed on day 1

PE-backed MAS Financial IPO fully subscribed on day 1

Ankit Doshi 2 months ago
The initial public offering of Ahmedabad-based non-banking financial company MAS...
I-bankers get busy as market rally nudges smaller firms to eye IPOs

I-bankers get busy as market rally nudges smaller firms to eye IPOs

Ranjani R 8 months ago
Investment bankers are noticing a sudden spurt in inquiries from small- and mid...
1 Comment
gautam.joshi@asia.bnpparibas.com . 4 months ago

Interesting article and the problem is very well elaborated, however the author should have also dwelled into suggesting a solution to this menace. As it goes against the basic tenet of encouraging retail investors to invest in new IPO’s as well as having a well diversified holding of investors. Distorting the price discovery , although left to the markets does not mean that at the cost of Retail investors hard earned money going down the drain & eventually turning them away from the secondary capital markets.

How the super-rich are distorting merchant banks’ IPO price discovery efforts

Powered by WordPress.com VIP