The condition of all startup stocks like Zomato, Nykaa, Paytm, Policybazaar are all similar now. Investor wealth has plummeted in these stocks.
So far in 2021, as many as 41 companies have floated their IPOs to raise Rs 66,915 crore
Five issues eye to raise about Rs 31,000 crore.
Nykaa offer alone may see bids worth anything between Rs 80,000 -Rs 90,000 crore in the HNI category, says a report
SEBI recently gave a go-ahead for IPOs to companies like Paytm, Nykaa, Fino Payments, Policybazaar, Adani Wilmar and Star Health & Allied Insurance
Amit Chhabra, Head- Health and Travel Insurance, Policybazaar.com, says one can save money lifelong by buying a policy that doesn’t apply loading
Retail investors are being taken in for a ride by large PE players in most of the new age IPOs
While Nykaa is expected to launch the IPO with an issue size of Rs 5000 crore, PolicyBazaar is looking to raise Rs 6,500 crore
The online insurance aggregator is seeking a valuation of $5 billion
Insure-tech startups have stepped in to help service the needs of smaller firms in the group insurance space