Zerodha CEO Nithin Kamath Congratulates Ola Electric, Unicommerce and First Cry on Successful IPO Listings, Says for India Needs More Listings

By admin On Aug 14, 2024

Zerodha CEO Nithin Kamath congratulated the homegrown companies on their listings, including Ola Electric, Unicommerce and First Cry. He also said that based on their listings, it appeared that the investors were happy. Nithin Kamath added, “If our markets have to grow, we need more homegrown companies to list and also leave something on the table for IPO investors. IPOs doing well are good because they incentivize more companies to consider an IPO, and attract more retail and institutional investors.” Zerodha, the CEO, cited Ananth Narayan, the WTM at RBI, as saying that India needed more IPOs as the country seemed to have a problem with the supply of new securities. He pointed out that it was an issue at a time when the domestic flow of the country was increasing. Who Is Subha Tatavarti? Know All About Wipro CTO Who Resigned From Her Post To Pursue Opportunities Outside Company.

Nithin Kamath Congratulates Indian Companies For Launching Their IPOs

Congrats to Ola Electric, Unicommerce, and First Cry on the listing. Based on the listing, it looks like investors are happy 😉

If our markets have to grow, we need more homegrown companies to list and also leave something on the table for IPO investors.

IPOs doing well are…

— Nithin Kamath (@Nithin0dha) August 13, 2024

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