Nirali Shah is currently the Head of Equity Research at Samco Securities. She has over 5 years’ of work experience spanning capital markets and investment research. Her exposure to the Indian Financial markets has honed her analytical skills and deepened her knowledge about the workings of various businesses. She has worked on financial models of various sectors and has performed public valuation of companies.
Despite concerns on stretched valuations and inflation, the Street currently seems to be obsessed with IPOs. The subscriptions have hit the roof at pricey multiples. ‘Seize the present day opportunity’ appears to be the axiom guiding retail participants.29 July 2021