{"id":2352,"date":"2021-02-10T16:47:00","date_gmt":"2021-02-10T16:47:00","guid":{"rendered":""},"modified":"2025-11-10T13:30:34","modified_gmt":"2025-11-10T08:00:34","slug":"ipo-investment","status":"publish","type":"post","link":"https:\/\/www.equentis.com\/blog\/ipo-investment\/","title":{"rendered":"What is Fuelling the IPO Investment Boom in India? – Research & Ranking"},"content":{"rendered":"
<\/div>\n

The primary markets, commonly referred to as the IPO markets, are on a roll. Companies are hitting the street in a hurry and investors are lapping up IPOs like there\u2019s no tomorrow! In fact, in calendar year 2020, 15 companies raised nearly Rs. 27,000cr, more than twice the money raised in CY2019 from a similar number of IPOs.<\/p>\n\n\n\n

The number in CY2021 till now is even more robust. In the first month of the year itself, four companies have raised more than Rs. 7,300cr. Almost all of these IPOs have received very high subscription figures and stellar debuts on bourses. So what\u2019s leading to this frenzy? Let\u2019s find out.<\/p>\n\n\n\n

What is an IPO?<\/strong><\/h2>\n\n\n\n

IPO<\/a> or Initial Public Offering<\/a> is a mechanism by which a privately owned company becomes a publicly owned company. In other words, promoters and other investors sell some of their stake to the general public and other large investors. By doing this, promoters and key investors can monetize some of their stake in the company, new investors can enter and the company can raise funds for future capacity expansion, debt repayment and other purposes. The process also creates a transparent and liquid platform for buying and selling of company\u2019s shares. The success of an IPO<\/a> is decided by two main factors:<\/p>\n\n\n\n

    \n
  1. The amount of subscription it receives from all types of investors<\/li>\n\n\n\n
  2. The response it gets on the day of listing<\/li>\n<\/ol>\n\n\n\n

    Point #1 depends on the company itself \u2013 financials, management quality, future growth prospects and so on. Point #2 can get influenced somewhat by market sentiment<\/a> prevailing on the day of listing.<\/p>\n\n\n\n

    For now, we shall not get into any further technical details regarding IPOs as this background is good enough to understand the rest of the article.<\/p>\n\n\n\n

    Proof of the pudding<\/strong><\/h2>\n\n\n\n

    Here\u2019s a summary of the IPOs that got listed in CY2020 and CY2021 (till date):<\/p>\n\n\n\n

    \n

    Company<\/strong><\/p>\n<\/td>

    		\n

    Issue Close <\/strong><\/p>\n

    Date<\/strong><\/p>\n<\/td>

    		\n

    Issue Size <\/strong><\/p>\n

    (Rs. Cr.)<\/strong><\/p>\n<\/td>

    		\n

    Overall <\/strong><\/p>\n

    Subscription (xs)<\/strong><\/p>\n<\/td>

    		\n

    Issue Price <\/strong><\/p>\n

    (Rs.)<\/strong><\/p>\n<\/td>

    		\n

    Listing <\/strong><\/p>\n

    Date<\/strong><\/p>\n<\/td>

    		\n

    Listing day <\/strong><\/p>\n

    Gains (%)<\/strong><\/p>\n<\/td>

    		\n

    Current <\/strong><\/p>\n

    Gains (%)<\/strong><\/p>\n<\/td><\/tr><\/thead>

    \n

    CY2020<\/strong><\/p>\n<\/td>

    		\n

     <\/strong><\/p>\n<\/td>

    		\n

     <\/strong><\/p>\n<\/td>

    		\n

     <\/strong><\/p>\n<\/td>

    		\n

     <\/strong><\/p>\n<\/td>

    		\n

     <\/strong><\/p>\n<\/td>

    		\n

     <\/strong><\/p>\n<\/td>

    		\n

     <\/strong><\/p>\n<\/td><\/tr>

    \n

    SBI Cards and<\/p>\n

    Payment Services  <\/p>\n<\/td>

    		\n

    05-Mar-20<\/p>\n<\/td>

    		\n

    10,286<\/p>\n<\/td>

    		\n

    27<\/p>\n<\/td>

    		\n

    755<\/p>\n<\/td>

    		\n

    16-Mar-20<\/p>\n<\/td>

    		\n

    -10%<\/p>\n<\/td>

    		\n

    32%<\/p>\n<\/td><\/tr>

    \n

    Rossari Biotech  <\/p>\n<\/td>

    		\n

    15-Jul-20<\/p>\n<\/td>

    		\n

    496<\/p>\n<\/td>

    		\n

    3<\/p>\n<\/td>

    		\n

    425<\/p>\n<\/td>

    		\n

    23-Jul-20<\/p>\n<\/td>

    		\n

    75%<\/p>\n<\/td>

    		\n

    113%<\/p>\n<\/td><\/tr>

    \n

    Happiest Minds<\/p>\n

    Technologies  <\/p>\n<\/td>

    		\n

    09-Sep-20<\/p>\n<\/td>

    		\n

    702<\/p>\n<\/td>

    		\n

    151<\/p>\n<\/td>

    		\n

    166<\/p>\n<\/td>

    		\n

    17-Sep-20<\/p>\n<\/td>

    		\n

    123%<\/p>\n<\/td>

    		\n

    113%<\/p>\n<\/td><\/tr>

    \n

    Route Mobile  <\/p>\n<\/td>

    		\n

    11-Sep-20<\/p>\n<\/td>

    		\n

    600<\/p>\n<\/td>

    		\n

    73<\/p>\n<\/td>

    		\n

    350<\/p>\n<\/td>

    		\n

    21-Sep-20<\/p>\n<\/td>

    		\n

    86%<\/p>\n<\/td>

    		\n

    224%<\/p>\n<\/td><\/tr>

    \n

    Computer Age<\/p>\n

    Management Services  <\/p>\n<\/td>

    		\n

    23-Sep-20<\/p>\n<\/td>

    		\n

    2,244<\/p>\n<\/td>

    		\n

    47<\/p>\n<\/td>

    		\n

    1230<\/p>\n<\/td>

    		\n

    01-Oct-20<\/p>\n<\/td>

    		\n

    14%<\/p>\n<\/td>

    		\n

    48%<\/p>\n<\/td><\/tr>

    \n

    Chemcon Speciality<\/p>\n

    Chemicals  <\/p>\n<\/td>

    		\n

    23-Sep-20<\/p>\n<\/td>

    		\n

    318<\/p>\n<\/td>

    		\n

    149<\/p>\n<\/td>

    		\n

    340<\/p>\n<\/td>

    		\n

    01-Oct-20<\/p>\n<\/td>

    		\n

    72%<\/p>\n<\/td>

    		\n

    31%<\/p>\n<\/td><\/tr>

    \n

    Angel<\/a> Broking  <\/p>\n<\/td>

    		\n

    24-Sep-20<\/p>\n<\/td>

    		\n

    600<\/p>\n<\/td>

    		\n

    4<\/p>\n<\/td>

    		\n

    306<\/p>\n<\/td>

    		\n

    05-Oct-20<\/p>\n<\/td>

    		\n

    -10%<\/p>\n<\/td>

    		\n

    15%<\/p>\n<\/td><\/tr>

    \n

    Mazagon Dock<\/p>\n

    Shipbuilders  <\/p>\n<\/td>

    		\n

    01-Oct-20<\/p>\n<\/td>

    		\n

    444<\/p>\n<\/td>

    		\n

    157<\/p>\n<\/td>

    		\n

    145<\/p>\n<\/td>

    		\n

    12-Oct-20<\/p>\n<\/td>

    		\n

    19%<\/p>\n<\/td>

    		\n

    49%<\/p>\n<\/td><\/tr>

    \n

    Likhitha Infrastructure  <\/p>\n<\/td>

    		\n

    07-Oct-20<\/p>\n<\/td>

    		\n

    61<\/p>\n<\/td>

    		\n

    10<\/p>\n<\/td>

    		\n

    120<\/p>\n<\/td>

    		\n

    15-Oct-20<\/p>\n<\/td>

    		\n

    14%<\/p>\n<\/td>

    		\n

    71%<\/p>\n<\/td><\/tr>

    \n

    UTI Asset<\/p>\n

    Management Co<\/p>\n<\/td>

    		\n

    01-Oct-20<\/p>\n<\/td>

    		\n

    2,160<\/p>\n<\/td>

    		\n

    2<\/p>\n<\/td>

    		\n

    554<\/p>\n<\/td>

    		\n

    12-Oct-20<\/p>\n<\/td>

    		\n

    -14%<\/p>\n<\/td>

    		\n

    3%<\/p>\n<\/td><\/tr>

    \n

    Equitas Small<\/p>\n

    Finance Bank  <\/p>\n<\/td>

    		\n

    22-Oct-20<\/p>\n<\/td>

    		\n

    518<\/p>\n<\/td>

    		\n

    2<\/p>\n<\/td>

    		\n

    33<\/p>\n<\/td>

    		\n

    02-Nov-20<\/p>\n<\/td>

    		\n

    -1%<\/p>\n<\/td>

    		\n

    30%<\/p>\n<\/td><\/tr>

    \n

    Gland Pharma  <\/p>\n<\/td>

    		\n

    11-Nov-20<\/p>\n<\/td>

    		\n

    6,480<\/p>\n<\/td>

    		\n

    2<\/p>\n<\/td>

    		\n

    1500<\/p>\n<\/td>

    		\n

    20-Nov-20<\/p>\n<\/td>

    		\n

    21%<\/p>\n<\/td>

    		\n

    43%<\/p>\n<\/td><\/tr>

    \n

    Burger King India  <\/p>\n<\/td>

    		\n

    04-Dec-20<\/p>\n<\/td>

    		\n

    797<\/p>\n<\/td>

    		\n

    157<\/p>\n<\/td>

    		\n

    60<\/p>\n<\/td>

    		\n

    14-Dec-20<\/p>\n<\/td>

    		\n

    131%<\/p>\n<\/td>

    		\n

    138%<\/p>\n<\/td><\/tr>

    \n

    Mrs. Bectors<\/p>\n

    Food Specialities  <\/p>\n<\/td>

    		\n

    17-Dec-20<\/p>\n<\/td>

    		\n

    541<\/p>\n<\/td>

    		\n

    198<\/p>\n<\/td>

    		\n

    288<\/p>\n<\/td>

    		\n

    24-Dec-20<\/p>\n<\/td>

    		\n

    107%<\/p>\n<\/td>

    		\n

    44%<\/p>\n<\/td><\/tr>

    \n

    Antony Waste<\/p>\n

    Handling Cell  <\/p>\n<\/td>

    		\n

    23-Dec-20<\/p>\n<\/td>

    		\n

    300<\/p>\n<\/td>

    		\n

    4<\/p>\n<\/td>

    		\n

    315<\/p>\n<\/td>

    		\n

    01-Jan-21<\/p>\n<\/td>

    		\n

    29%<\/p>\n<\/td>

    		\n

    -3%<\/p>\n<\/td><\/tr>

    \n

    TOTAL<\/strong><\/p>\n<\/td>

    		\n

     <\/strong><\/p>\n<\/td>

    		\n

    26,546 <\/strong><\/p>\n<\/td>

    		 <\/td>\n

     <\/strong><\/p>\n<\/td>

    		\n

     <\/strong><\/p>\n<\/td>

    		\n

     <\/strong><\/p>\n<\/td>

    		\n

     <\/strong><\/p>\n<\/td><\/tr>

    \n

     <\/strong><\/p>\n<\/td>

    		\n

     <\/strong><\/p>\n<\/td>

    		 <\/td> <\/td>\n

     <\/strong><\/p>\n<\/td>

    		\n

     <\/strong><\/p>\n<\/td>

    		\n

     <\/strong><\/p>\n<\/td>

    		\n

     <\/strong><\/p>\n<\/td><\/tr>

    \n

    CY2021 till date<\/strong><\/p>\n<\/td>

    		\n

     <\/p>\n<\/td>

    		 <\/td> <\/td>\n

     <\/p>\n<\/td>

    		\n

     <\/p>\n<\/td>

    		\n

     <\/p>\n<\/td>

    		\n

     <\/p>\n<\/td><\/tr>

    \n

    Indian Railway<\/a><\/p>\n

    Finance Corporation  <\/p>\n<\/td>

    		\n

    20-Jan-21<\/p>\n<\/td>

    		\n

    4,633<\/p>\n<\/td>

    		\n

    3.49<\/p>\n<\/td>

    		\n

    26<\/p>\n<\/td>

    		\n

    29-Jan-21<\/p>\n<\/td>

    		\n

    -4%<\/p>\n<\/td>

    		\n

    -5%<\/p>\n<\/td><\/tr>

    \n

    Indigo Paints  <\/p>\n<\/td>

    		\n

    22-Jan-21<\/p>\n<\/td>

    		\n

    1,176<\/p>\n<\/td>

    		\n

    117.02<\/p>\n<\/td>

    		\n

    1490<\/p>\n<\/td>

    		\n

    02-Feb-21<\/p>\n<\/td>

    		\n

    109%<\/p>\n<\/td>

    		\n

    102%<\/p>\n<\/td><\/tr>

    \n

    Home First Finance<\/p>\n

    Co India  <\/p>\n<\/td>

    		\n

    25-Jan-21<\/p>\n<\/td>

    		\n

    1,154<\/p>\n<\/td>

    		\n

    26.66<\/p>\n<\/td>

    		\n

    518<\/p>\n<\/td>

    		\n

    03-Feb-21<\/p>\n<\/td>

    		\n

    NA<\/p>\n<\/td>

    		\n

    NA<\/p>\n<\/td><\/tr>

    \n

    Stove Kraft  <\/p>\n<\/td>

    		\n

    28-Jan-21<\/p>\n<\/td>

    		\n

    413<\/p>\n<\/td>

    		\n

    18.03<\/p>\n<\/td>

    		\n

    385<\/p>\n<\/td>

    		\n

    To be listed<\/p>\n<\/td>

    		\n

    NA<\/p>\n<\/td>

    		\n

    NA<\/p>\n<\/td><\/tr>

    \n

    TOTAL<\/strong><\/p>\n<\/td>

    		\n

     <\/strong><\/p>\n<\/td>

    		\n

    7,376 <\/strong><\/p>\n<\/td>

    		 <\/td>\n

     <\/strong><\/p>\n<\/td>

    		\n

     <\/strong><\/p>\n<\/td>

    		\n

     <\/strong><\/p>\n<\/td>

    		\n

     <\/strong><\/p>\n<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

    Source:<\/u><\/em><\/strong> Chittorgarh.com, Moneycontrol.com, BSE<\/a> Website<\/em><\/p>\n\n\n\n

    As seen in this table, most IPOs have received very enthusiastic response from investors, resulting in high subscription figures. Also, these have created significant wealth for investors since their listing. No doubt the stock markets are doing extremely well currently. Let us examine few more reasons why the IPOs have been receiving such good response.<\/p>\n\n\n\n

    Why this mad mad mad rush for IPO investment?<\/strong><\/h2>\n\n\n\n

    So what is the reason for this scramble for IPOs? It\u2019s not just IPOs but even broader markets which are rallying. Let us examine the reasons one by one for the same. Some reasons could be common to IPOs and broader markets.<\/p>\n\n\n\n

      \n
    1. \n

      Entry of new kids on the block \u2013 retail investors<\/u><\/strong><\/h3>\n<\/li>\n<\/ol>\n\n\n\n

      During lockdown months, a flurry of retail investors and first time traders entered the capital markets. They were lured by low market levels in March-April, 2020 and also traction from discount brokers. As per SEBI<\/a> data, demat accounts<\/a> grew from 39.6mn in January, 2021 to 47.6mn in October, 2020, rise of 20% in as less as 10 months, despite COVID times.<\/p>\n\n\n\n

      Source:<\/u><\/em><\/strong> SEBI Data<\/em><\/p>\n\n\n\n

        \n
      1. \n

        Eeny meeny miny moe, Equities is the way to go!!<\/u><\/strong><\/h3>\n<\/li>\n<\/ol>\n\n\n\n

        The scenario in India is that there are hardly any investing options that are giving good returns. FD rate for SBI is a measly 4.40% for 1yr, real estate rates<\/a> have hardly moved over the past few years, PPF rates have come down 100bps over past five years to 7.10%. BitCoin market is beyond comprehension for most common investors. Gold is purchased in India more in physical form rather than E-Gold. So the most obvious choice is equity markets. <\/p>\n\n\n\n

        \n

        Asset <\/strong><\/p>\n<\/td>

        		\n

        Returns in CY2020 (%)<\/strong><\/p>\n<\/td><\/tr>

        \n

        Bank Fixed Deposits<\/p>\n<\/td>

        		\n

        6.25%<\/p>\n<\/td><\/tr>

        \n

        Equity – Large Cap<\/p>\n<\/td>

        		\n

        15.46%<\/p>\n<\/td><\/tr>

        \n

        Equity — Mid-Cap<\/p>\n<\/td>

        		\n

        24.30%<\/p>\n<\/td><\/tr>

        \n

        Equity — Small Cap<\/p>\n<\/td>

        		\n

        30.41%<\/p>\n<\/td><\/tr>

        \n

        Short Duration Bond Funds<\/p>\n<\/td>

        		\n

        9.73%<\/p>\n<\/td><\/tr>

        \n

        Long Duration Bond Funds<\/p>\n<\/td>

        		\n

        12.53%<\/p>\n<\/td><\/tr>

        \n

        Liquid Funds<\/p>\n<\/td>

        		\n

        4.16%<\/p>\n<\/td><\/tr>

        \n

        International Funds<\/p>\n<\/td>

        		\n

        19.08%<\/p>\n<\/td><\/tr>

        \n

        Gold<\/p>\n<\/td>

        		\n

        27.32%<\/p>\n<\/td><\/tr>

        \n

        Real Estate — Commercial<\/p>\n<\/td>

        		\n

        8.25%<\/p>\n<\/td><\/tr>

        \n

        Real Estate — Residential<\/p>\n<\/td>

        		\n

        2.00%<\/p>\n<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

        Source:<\/u><\/em><\/strong> Moneycontrol.com<\/em><\/p>\n\n\n\n

          \n
        1. \n

          The bigger a war chest you build during times of peace, the less you bleed during war<\/u><\/strong><\/h3>\n<\/li>\n<\/ol>\n\n\n\n

          For owners of companies which are hitting the primary markets, this seems to be the right time to raise funds, build a war chest to tide against tough times and strengthen their balance sheets. Early stage investors, who navigated tough times with these companies are looking to cash in the current boom and take some profits off the table.<\/p>\n\n\n\n

            \n
          1. \n

            Pent up demand<\/u><\/strong><\/h3>\n<\/li>\n<\/ol>\n\n\n\n

            India\u2019s economy had been slowing down even before the pandemic hit us. This led to lackluster markets last calendar year with hardly any appetite for fresh equity. Hence, companies were waiting on the sidelines to raise money. As markets surged post April, 20 and continued climbing higher, companies saw this as a right opportunity to hit the primary market.<\/p>\n\n\n\n

              \n
            1. \n

              Boom Boom Markets!<\/u><\/strong><\/h3>\n<\/li>\n<\/ol>\n\n\n\n

              A booming stock market<\/a> is usually followed by slew of IPOs. General exuberance in markets often makes IPOs deliver stellar returns on the listing day and sometime thereafter. A word of caution though, this exuberance lasts only so long as markets remain buoyant and fizzles out thereafter.<\/p>\n\n\n\n

                \n
              1. \n

                Cheap money and liquidity<\/u><\/strong><\/h3>\n<\/li>\n<\/ol>\n\n\n\n

                The world is flush with liquidity as global<\/a> central banks have reduced rates in order to keep economies afloat in a pandemic-affected world. FII data sourced from website Moneycontrol also vindicates our claim \u2013 FIIs have been net sellers in equities only once between April, 2020 and January, 2021. Devoid of any returns in the developed world, markets such as India offer great returns to FIIs.<\/p>\n\n\n\n

                Source<\/u><\/em><\/strong>: Moneycontrol.com<\/em><\/p>\n\n\n\n

                Look out for these IPOs in 2021<\/strong><\/h3>\n\n\n\n
                \n

                Company<\/strong><\/p>\n<\/td>

                		\n

                Tentative IPO<\/a> date<\/strong><\/p>\n<\/td>

                		\n

                Tentative IPO Size (Rs. Cr.)<\/strong><\/p>\n<\/td><\/tr>

                \n

                LIC<\/p>\n<\/td>

                		\n

                Sometime in FY22<\/p>\n<\/td>

                		\n

                                                        70,000<\/p>\n<\/td><\/tr>

                \n

                Nykaa<\/p>\n<\/td>

                		\n

                Sometime in FY22<\/p>\n<\/td>

                		\n

                 NA<\/p>\n<\/td><\/tr>

                \n

                Kalyan Jewellers<\/p>\n<\/td>

                Jan-Mar’2021<\/p> <\/td>

                		\n

                                                           1,750<\/p>\n<\/td><\/tr>

                \n

                Bajaj Energy<\/p>\n<\/td>

                		\n

                2021<\/p>\n<\/td>

                		\n

                                                           5,450<\/p>\n<\/td><\/tr>

                \n

                Studds Accessories<\/p>\n<\/td>

                Feb’2021<\/p> <\/td>

                		\n

                                                              450<\/p>\n<\/td><\/tr>

                \n

                Barbeque Nation<\/p>\n<\/td>

                		\n

                2021<\/p>\n<\/td>

                		\n

                 1,000 -1,200<\/p>\n<\/td><\/tr>

                \n

                Suryoday Small Finance Bank<\/p>\n<\/td>

                		\n

                2021<\/p>\n<\/td>

                		\n

                                                              400<\/p>\n<\/td><\/tr>

                \n

                ESAF Small Finance Bank<\/p>\n<\/td>

                		\n

                2021<\/p>\n<\/td>

                		\n

                                                           1,000<\/p>\n<\/td><\/tr>

                \n

                Laxmi Organic Industries<\/p>\n<\/td>

                		\n

                2021<\/p>\n<\/td>

                		\n

                                                              800<\/p>\n<\/td><\/tr>

                \n

                Craftsman Automation<\/p>\n<\/td>

                		\n

                2021<\/p>\n<\/td>

                		\n

                 150 – 180<\/p>\n<\/td><\/tr>

                \n

                Apeejay Surendra Park Hotels<\/p>\n<\/td>

                		\n

                2021<\/p>\n<\/td>

                		\n

                                                           1,000<\/p>\n<\/td><\/tr>

                \n

                RailTel Corporation of India<\/p>\n<\/td>

                		\n

                2021<\/p>\n<\/td>

                		\n

                                                              700<\/p>\n<\/td><\/tr>

                \n

                SAMHI Hotels<\/p>\n<\/td>

                		\n

                2021<\/p>\n<\/td>

                		\n

                                                           2,000<\/p>\n<\/td><\/tr>

                \n

                Shyam Steel<\/p>\n<\/td>

                		\n

                2021<\/p>\n<\/td>

                		\n

                                                              500<\/p>\n<\/td><\/tr>

                \n

                Annai Infra Developers<\/p>\n<\/td>

                		\n

                2021<\/p>\n<\/td>

                		\n

                 200 – 225<\/p>\n<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

                Source: <\/u><\/em><\/strong>Groww.in, Moneycontrol.com. Please note that this is not an exhaustive list but indicative.<\/em><\/p>\n\n\n\n

                Let the dust settle, let things get clearer<\/strong><\/h2>\n\n\n\n

                I don\u2019t want to sound like a party-spoiler, but this incessant appetite for every other IPO investment is unsustainable. When the dust settles, when markets return to normalcy, we\u2019ll be able to separate the wheat from the chaff. This is not to say that the recently listed companies are bad, but the rally is simply too swift.<\/p>\n\n\n\n

                History has shown that not-so-good IPOs that get listed at a premium and surge thereafter can slump to much lower than listing price or even issue price once quarterly performance starts coming in. Once again, there\u2019s no alternative to fundamental analysis<\/a> in the long term. Enjoy the party while it\u2019s there. After it\u2019s over, come and meet us and we\u2019ll chart out a long term sustainable wealth creation plan for you.<\/p>\n\n\n\n

                To create a winning stock portfolio of 20-25 multibagger<\/a> stocks click here.<\/p>\n\n\n\n

                Read more:  How Long-term investing helps create life-changing wealth \u2013 TOI<\/a>. <\/strong><\/p>\n\n\n\n

                Know more about:
                IPOs<\/a> | Current IPOs<\/a> <\/a>| Upcoming IPOs <\/a>| Listed IPO<\/a>s | Closed IPOs<\/a> | IPO Performers<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

                The primary markets, commonly referred to as the IPO markets, are on a roll. Companies are hitting the street in […]<\/p>\n","protected":false},"author":5,"featured_media":2353,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[9],"tags":[],"class_list":["post-2352","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts\/2352","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/comments?post=2352"}],"version-history":[{"count":12,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts\/2352\/revisions"}],"predecessor-version":[{"id":63026,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts\/2352\/revisions\/63026"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/media\/2353"}],"wp:attachment":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/media?parent=2352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/categories?post=2352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/tags?post=2352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}