Investing in IPOs? Your money may be funding the promoter, not the company
Published on: Feb. 19, 2026, 11:57 a.m. | Source: India Today
According to a detailed study by 1 Finance Magazine, which analysed more than 1,700 IPOs between 2015 and 2025, 63% of total IPO proceeds now come from Offer for Sale. Only 37% is fresh capital raised for business growth.
