InvestorQ : What do I need to look at in the other actors like lead managers and registrars?
Aashna Tripathi made post

What do I need to look at in the other actors like lead managers and registrars?

Answer
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Aditi Sharma answered.
2 years ago


You cannot really judge the value of an IPO without understanding the support cast of the IPO. There is a large support cast for any IPO. Firstly, look at the promoter’s stake in the company post the IPO. You will not be comfortable if the company is reducing the stake substantially. Similar logic applies in case of anchor investors. While partial exit is understandable, anchor investors exiting the company in totality is not a good sign. Also check out the pedigree of the investment bankers and the Book Running Lead Managers (BRLMs) as the ability of the issue to sail through and the public perception will largely depend on the quality of merchant bankers.