Are New Age IPOs Becoming a Madness of People?

Pranav R Begadi , Last updated: 16 November 2021  
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On 11th Nykaa, (Single profit making company among the Blockbuster recent listings among PB, Paytm, Zomato) an online fashion seller listed its shares on Stock Market at the valuation of 22x of its SALES. WITHIN 3 days it got double and inflated to 1800x PE ratio (smaller the better). Whereas TCS va

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Pranav R Begadi
(Cost Accountant)
Category Shares & Stock   Report

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