Listing Gains Are Falling Fast 30% ➔ 9%

The “easy money” era is dead. Average listing gains collapsed from 30.25% in 2024 to just 9.1% this year.

Promoters Are Exiting, Not Expanding ➔ Insiders Are Cashing Out

It’s not about growth anymore. Promoters are using “Offer for Sale” (OFS) to exit at peak prices while you buy in.

The GMP Trap

Grey Market Premium signals hype, not value. Many high-GMP IPOs have crashed after listing, proving GMP isn’t a reliable indicator.

The Lock-In Time Bomb

What happens when insiders are finally allowed to sell? A flood of supply hits the market. Watch out for late 2025.

Why Retail Investors Lose

Oversubscription leads to lottery-based allotments, while institutions capture most value early—leaving retailers buying at inflated prices.

The 3-Year Reality Check

Most IPOs underperform over time—averaging ~20% lower returns within 3 years as hype fades and real fundamentals surface.

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Don’t gamble. Read our full guide on the safe way to play the IPO market (and what to avoid).