IPO’s, History, PayTm, etc…

1st 10 months of 2021 saw a record Rs. 74000 crores raised through IPO’s By end of 2021, its expected that around 1 Lac crores to be raised through IPO 3 of the 4 largest IPO’s were from loss-making Consumer – tech companies Similar IPO frenzy was 1st seen during 1995, when Jan-95 saw 145…More

Nifty View 22 Nov 21

Consolidation is getting stronger week by week Gone week Bulls couldn’t do much & bears were in action, though on Monday Bulls started strong , then rest of days been badly beaten by Bears. On downside Nifty may not go below 1st Gap(17550-17576)-1st Support or in worse case 17350. This consolidation going to stretch little…More

Why did Laurus Labs buy a stake in a startup ImmunoACT?

Laurus Labs bought a significant minority stake (26.62%) in a cell and gene therapy startup Immuno ACT Biologics is a high gestation and high investment area within the Pharma industry Typical development times range in many years and take about 5+ years on average to really scale up and transition to commercial production This also…More