Don’t rush into new listings; wait for lock-ins to expire, advises JM Financial’s Vishal Kampani

Vishal Kampani cautioned that sharp post-listing rallies in many IPOs may not be sustainable once lock-in periods expire and a large supply of shares enters the market. He said private equity exits over the coming years will add significant float to newly listed companies, making patience crucial for retail investors.

Leave a Reply

Your email address will not be published. Required fields are marked *