New Age Companies

ICICI Prudential AMC’s CEO highlights the importance of profitability over revenue growth, a key metric that determines whether such firms appear in his portfolio

Can Paytm quarterly numbers revive sentiment in new-age companies?

Despite the criticism faced by the company, the Paytm team needs to be applauded for its efforts to remain focused and believe in its business model.

Investors in new-age firms suffer Rs 2-lakh-crore dent in wealth since listing

New-age company stocks have started falling again since last week after the lock-in period for Nykaa and Delhivery shares held by pre-IPO investors lapsed

Why Mutual Funds are holding onto loss-making new-age tech companies

The prospect of exponential growth in a consumer economy drove several fund houses to invest in new-age tech companies, despite most of them being loss-making. But the acid test is the end of the lock-in period that is set to end in November for many companies.

Falling share prices, poor financials: New-age tech companies and pain in MF portfolios

Shares of Delhivery, the Indian logistics and supply chain company, fell by 31 percent last week on the back of moderate growth outlook. Some other new-age companies, like PB Fintech, fell too. Some fund houses that had bought new-age technology companies’ shares in their initial public offerings (IPOs) are now faced with the dilemma of what to do with them: hold for long-term prospects or exit and cut losses. Here are the fund houses that are still holding on to their shares

SEBI’s new IPO norms to help improve transparency 

The new rules will provide comfort for investors in public issues, especially issues of new age companies.