![]() ![]() Indians are investing in the US equities heavily through global platforms like Stockal, and thematic ETFs have been the next big investment avenues among Indian investors. Which are the other avenues/asset classes in which Indians are investing money in 2021? How has the ETF segment grown for you on a YoY basis? ![]() The IPO will pave the way for investors to have better access, more useful tools, and help democratise finance for all.īy setting aside almost 35 percent of its shares in the IPO for sale, it might just be one of the largest retail allocations ever. The US financial markets are one of the greatest sources of wealth creation in the world. It is one of the largest IPOs of 2021 on the US markets. Robinhood is to be valued at $35-$40 billion post its listing. Will Robinhood be among the top 20 companies of the world after the listing? We are in a bull market currently, where both S&P 500 and Nasdaq indexes have outperformed global and emerging equities with over 15 percent YTD gains in 2021 and this trend is likely to continue for the next half of the year as we see increased participation in such IPOs. Indians can actively buy into these stocks once they are available on our platform post the listing. However, Robinhood remains the most talked-about IPO in 2021, as it’s the epicentre of this huge retail-investing wave, which started ever since the pandemic. The other hotshot IPOs in the recent past were those of Coinbase and Airbnb, which were caught up in the retail frenzy, leading to some huge listing gains. DoorDash, incidentally, is in the same line of business as Zomato and Swiggy and happens to be five times bigger than the Indian players in terms of order values. Any recent startup IPOs that hit NYSE and made it big amid retail frenzy?ĭoorDash! The recent IPO made it big on the US exchanges with over 90 percent listing gains. With a price band of $38-$42, some experts didn’t found the price similar to what we see in India. ![]() Robinhood is a profit-making company unlike Zomato or Paytm, which are still incurring losses. Seeing the interest from India to participate in US IPOs, we are working actively to bring the same to Indian investors very soon on our platform.Īlso read: Robinhood reveals breakneck growth, legal pitfalls in IPO filing In the recent past, we have witnessed lots of traction and transactions post the slew of IPOs becoming a part of the US stock market.ĭoorDash and Airbnb with their multi-billion dollar initial public offerings (IPOs) in December 2020 certainly set the ball rolling big time, which was followed up with the likes of Coinbase and now Robinhood. However, those looking to invest in Robinhood, can do so once it gets listed, by opening a trading account with Stockal. How can Indian investors be part of the Robinhood story or other American IPOs? Do they have to put the entire amount or fractional shares are available as well?Īt the moment Indian investors cannot seamlessly participate in the US IPOs. Though the platform has had a largely controversial start to 2021 following the fallout of the GameStop short squeeze in late January and the penalties and compensation that Robinhood had to pay-it would be interesting to see how investors will look at this offering.
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