As Sebi is advising investors to be cautious with smallcap and midcap ideas and 95% of the IPOs are in that category, one is looking at which other IPO ideas could make sense. A healthy primary market where deals are continuously being done is the key hallmark of a well-functioning economy, which is aspiring to grow fast. We have also seen recently that PSU stocks are at all-time highs vis–vis the level of interest and appreciation and that will fuel the government’s disinvestment agenda.
