Gray market punters already buying and selling on deliberate unicorn IPOs

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Mobikwik, a digital funds platform, and Fino Funds Financial institution, which have acquired the regulatory nod for his or her IPOs, are but to see dealer curiosity but, mentioned brokers.

Synopsis

Punters within the unofficial gray market are being picky about buying and selling within the unlisted shares of IPO-bound new-age companies. On-line magnificence and wellness retailer Nykaa and PB Fintech – operator of insurance coverage market platform Policybazaar, that are but to obtain the Securities and Trade Board of India’s (Sebi) approval to launch IPOs, are seeing a pick-up in exercise within the gray market.

Mumbai: Punters within the unofficial gray market are being picky about buying and selling within the unlisted shares of IPO-bound new-age companies. On-line magnificence and wellness retailer Nykaa and PB Fintech – operator of insurance coverage market platform Policybazaar, that are but to obtain the Securities and Trade Board of India’s (Sebi) approval to launch IPOs, are seeing a pick-up in exercise within the gray market.

Mobikwik, a digital funds platform, and

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