IPO euphoria making few firms misprice issues: Barclays India CEO

Barclays India CEO Pramod Kumar reflected on the record-breaking year for India's IPO market, as it witnessed 100 listings for the first time in 18 years. "When you see such frenzy, there is always a likelihood of some companies mispricing their IPOs and…their stocks not doing well," Kumar said. Tread with caution in the IPO market, he advised investors.