InvestorQ : What is so special about the IPOs of Nykaa, Policybazaar and Paytm?
Dawn Cherian made post

What is so special about the IPOs of Nykaa, Policybazaar and Paytm?

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NISHA Nayak answered.
4 weeks ago
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As of today, the Nykaa is already open and the IPOs of Policybazaar will open on 01-Nov while Paytm will open on 08-Nov. Between them, they are likely to set the tone for the Digital IPO thrust. The last big IPO success was Zomato. CarTrade was also a digital IPO but that issue scraped through and the stock is quoting at a deep discount. These 3 IPOs will decide if the Zomato euphoria can really sustain.

Between the, these 3 IPOs of Nykaa, Policybazaar and Paytm will collect nearly Rs.30,000 crore as IPO money. That is huge in the light of the fact that Policybazaar and Paytm are still making losses while Nykaa has just turned profitable this year. Nykaa IPO is already 4.82 times subscribed and could see much bigger numbers by close of the issue. This will set the tone for the coming digital IPOs in the anvil.

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