It's going to be a historic month ahead for the Indian startup and internet ecosystem as 3 unicorns- Nykaa, Policybazaar and Paytm will together raise over $4 Billion from IPOs over the next few weeks. This would imply a combined market cap of over $35 Billion getting added to Indian stock exchanges. This is not all. Oyo, Delhivery, Mobikwik, and Ola too are lining up plans for a listing.
What's more, a large number of new investors entering these new-age companies are aged below 30, as India's young population is looking at newer avenues to maximise their returns.
But is this trend driven by FOMO (Fear of Missing Out)? Are the current valuations justified? What principles should a retail investor keep in mind while looking at internet IPOs, beyond the excitement and euphoria?
Moneycontrol breaks down these vital questions with a panel comprising some of the best voices when it comes to markets and investing in India.
Watch
Rajeev Thakkar, CIO, PPAF MF
Harsha Upadhyaya, CIO- Equity, Kotak MF
Shyam Sekhar, Ideator & Founder, ithought
Deepak Shenoy, Founder
Capitalmind decode Internet IPOs on a special Diwali episode of Moneycontrol Masterclass.
Tune in live on November 3rd, Friday 6 pm. Send us your questions with #MCMasterclass.