Regional Concentration of Retail Investors in Indian IPOs: Why Gujarat Leads the Pack
Retail investors in Indian IPOs is experiencing a surge, and a recent SEBI report uncovers an intriguing trend: a significant regional concentration of retail investors. Leading the charge is Gujarat, contributing a staggering 39% of retail IPO investors, with Maharashtra and Rajasthan following behind. But what drives this regional skew? Let’s explore why Gujarat dominates … Read more