GENERAL3 Sept 2026
IPO boom is back, but are listing gains really easy money? Zerodha co-founder Nithin Kamath warns | Stock Market News
India's IPO market is red hot even while the wider stock market stays flat. Zerodha's Nithin Kamath says most IPOs do open above their issue price, but spectacular listing gains are rare. In one recent stretch, 35% of IPOs opened only 0–10% higher and about 26% opened below. Investors shouldn't treat IPO applications as guaranteed easy money.
Key Statutory Highlights
- The primary market for IPOs, offers for sale, and follow-on public offers remains strong even though the broader equity market has not moved much.
- Across recent 12-month periods, roughly 74–80% of IPOs opened above their issue price, but many listings gained only 0–10%.
- Zerodha has seen a big spike in IPO applications, including people opening accounts specifically to apply for public issues.
Actionable Advice for Taxpayers / Founders:Before applying for any IPO, examine the company's financials and do not assume a listing-day profit; treat it as a careful investment decision.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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