‘Dumb money chases dumb IPOs’: Shankar Sharma on Indian public markets amid Lenskart rumors

In a sharp critique of India’s IPO ecosystem, veteran investor and GQuant Investech founder Shankar Sharma has described India’s public markets as the “dumbest in the history of IPO markets”, a sentiment sparked by the recent pre-IPO activity surrounding Lenskart. Sharma pointed to what he called a systemic pattern of retail investor manipulation and flawed […]

Sebi says there are no plans to regulate family agencies after reports that Spark speculation

The Regulator of India’s markets refused on Friday media reports that suggested that it was planning to bring family agencies under his regulatory effect. In a statement, the Sebi said that such reports were actually incorrect and clarified that it is not currently investigating or pursuing this issue. The clarification came after Bloomberg reported earlier […]