The IPO Trap

Every few weeks, a company you've heard of goes public — and India's retail investors pile in, lured by hype, glossy prospectuses, and the promise of getting rich alongside the founders.
Most of them lose.

The IPO Trap pulls apart the machinery behind the country's biggest public offerings and shows how the game is rigged long before the listing bell rings. Drawing on the same forensic analysis that has made Jayant Shilanjan Mundhra one of India's most trusted independent voices in finance, this book decodes the red flags buried in DRHPs, the numbers the sell-side won't question, and the exit routes built for everyone but you.

Part exposé, part survival manual, The IPO Trap arms ordinary investors with what the insiders already know — and what they'd rather you didn't.

About the Author:

Jayant Shilanjan Mundhra is a public-markets investor and independent business analyst who interrogates India's biggest companies with data, not deference.After cutting his teeth at Bain & Company and Classplus, he now writes three newsletters - BharatNama on India, ‘Decoding the Dragon’ on China, and ‘Biz News+’ on Indian sectors - and reaches close to a million followers across LinkedIn, Instagram (@marketswithjayant), YouTube and his newsletters, in over ten countries.