ABSTRACT
On July 11, 2021, Lizzy George was preparing an initial public offer (IPO) note on Rossari Biotech IPO. Lizzy worked with Hexagon, a rapidly growing discount brokerage house, boasting of its ability to nudge investors to make fewer behavioural mistakes while trading and investing. Hexagon had developed several tools to alert traders and investors to prevent them from committing potential behavioural mistakes. Hexagon added more than one million clients in the single quarter ending June 2020. Most of them were early-career technology and consulting professionals and were new to the world of equity markets. Hexagon was trying to offer them insights into the basics of trading and investing through its research reports, weekly newsletters, and webinars. Many clients invested in recent IPOs and enjoyed good listing gains; however, they wanted to know more about IPOs. Lizzy thought a research note on Rossari Biotech IPO would be an excellent medium to educate investors about IPOs in the Indian markets.
