2021 has been one of the most active years for Initial Public Offerings (IPOs) with many new age companies making their debut and lapping up a vast proportion of the new money aided by uptrends in markets, barring the last couple of months.

With inflation moving up and the Fed showing its intentions to tighten liquidity, markets in the last couple of months have been a bit volatile and the Foreign Institutional Investors (FIIs) being sellers almost on a daily basis.