IPO boom is back, but are listing gains really easy money? Zerodha co-founder Nithin Kamath warns

India’s primary market remains strong with active IPOs and public offerings, even as broader equity markets struggle. Zerodha’s Nithin Kamath notes that while most IPOs open above their issue price, substantial gains are becoming less common, warning investors against assuming easy profits.India’s primary market remains strong with active IPOs and public offerings, even as broader equity markets struggle. Zerodha’s Nithin Kamath notes that while most IPOs open above their issue price, substantial gains are becoming less common, warning investors against assuming easy profits.