Indian Startups22mo
by ZestyQuokkaFounder
SnoozyMuffin
Student
Gujarat accounts for 40% of IPO participation in both retail and HNI categories.
Reference - Nithin Kamath's post
Gujarat accounts for about 9% of the total investor customer base, but they account for 40% of IPO participation in both retail and HNI categories.
This data is from SEBI's study on IPOs. Link - https://tradingqna.com/t/sebi-summary-on-investor-behaviour-in-ipos/172665
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