Why Reading About IPOs Can Be Enriching

The quest for financial security in life makes everyone ponder the means.

- RAJAS KELKAR

Many of you might think that the more you earn, the better you will end up in terms of wealth. Money indeed begets money. If you are not well-endowed with family wealth, creating a surplus sufficient for retirement is a significant effort. A lot also depends on your ability to learn. Initial public offerings attract a lot of people to sit up and take notice of the opportunity due to the publicity around them.

It is a common practice to apply when companies come up with initial public offerings. Some borrow and invest, too. It's no surprise, then, that the year 2024-25 was a blockbuster year for the primary market, which includes IPOs, follow-on offers, and offers for sale by existing shareholders. About 105 issues saw a record ₹2,11,151 crore raised by companies or selling shareholders, according to Prime Database, a research agency.