Resourceful Automobiles’ IPO oversubscribed 400 times, showcasing extreme retail investor enthusiasm
219,000 retail applications per IPO in FY25, a sharp increase from previous years, reflecting speculative behaviour
Average IPO gain of 76% on listing day in FY25, with many IPOs listing at over 90% premium
Sebi study shows most investors sell within a week, with 87.8% of shares sold within a year
Sebi has issued advisory due to high speculation in SME IPOs; NSE will cap IPO prices at 90% over offer price
Retail investors urged to exercise caution, focus on quality issues to avoid potential market crashes