A reality check on Happiest Minds’s dizzying debut
There are reasons aplenty on why investors need to be cautious about a stock that has defied all logic.
23 September, 2020•14 min
0
23 September, 2020•14 min
0
More in Business
Business
Duroflex wakes up as Wakefit closes in on an IPO
The six-decade old mattress maker files its draft IPO papers just as Wakefit wins approval for a public market debut—setting up a bruising battle for the No. 2 spot.
You may also like
Internet
In India’s Lenskart IPO, a success for ADIA
The sovereign wealth fund’s big bet on the Indian eyewear company, Microsoft’s AI win in the Emirates and other updates from the week.
Internet
Takeaways from Dubizzle’s rare pause on IPO
The classifieds company postponed its influential public listing on the Dubai stock exchange. A mismatch of expectations was at the core of it.
Business
Can Meesho’s value-commerce playbook pass the IPO test?
The ecommerce platform will be hard-pressed to justify its estimated $7-8 billion valuation—up nearly 2x from just 10 months ago—at a time of ho-hum growth and flagging profitability.