New Delhi, Nov. 28 -- Atul Shinghal, Founder and CEO of Scripbox, notes that stable government and optimism about the economy have contributed to strengthening investors' confidence in IPOs. He emphasised that investing solely for listing gains can be detrimental, as it carries significant risks. In an interview with Mint, Shinghal shared his views on IPO market trends and investment strategy for SME IPOs. Here are edited excerpts of the interview:

Retail investors in India have been driven by a potent combination of abundant domestic liquidity, easy access via emerging digital investment platforms, and the allure of quick listing gains.

The sustained government stability and broad economic optimism have also played vital roles in stren...