Can you afford to ignore IPOs that are pure OFS?

After the Paytm IPO debacle and the post-listing performance of many new-age tech stocks, the primary market had taken a back seat. However, Life Insurance Corporation’s initial public offering (IPO) again brings the primary market back in focus. While a bull run in the secondary market does have an impact on the IPO market, a performance analysis of all the IPOs of 2021 shows that many theories may fail when it comes to returns. An offer for