RPG group chairman Harsh Goenka takes a look at the unprecedented influx of IPOs this year and shares a hilarious Jaspal Bhatti clip that will make you laugh.
The video features an iconic comedian helping two Panipuriwalas with their IPOs. He gives tricks and tips for starting a large corporation and explains how easy it is to set up ₹1 crore for your business.
The clip is part of an episode of Bhatti’s Flop Show, a show that was very popular in the 90s.
Goenka shares the clip on Twitter and writes – How IPOs are done these days …
The Twitterattis seemed to have enjoyed the clip very much. Many praised Bhatti for his timeless comedy.
It is said that Bhatti Saab was ahead of his time. This video is an eye opener for all promoters who consider going public to be money-making
Bhatti Saab was ahead of his time. This video is an eye opener for all promoters who consider going public to be money-making
– vigilant citizen (@sureshjakhotiya) November 20, 2021
Legendary Bhatti Saab .. amazing satire! zahir si baat hai, your game kafi purana hai, says another follower.
Legendary Bhatti Saab .. amazing satire! zahir si baat hai, your game kafi purana hai
– Alok 🎧 (@Siralokg) November 20, 2021
When an educated man does comedy, that is reflected in it. Jaspal Bhatti, prime example, posts another one.
Amid this year’s IPO rush, Harsh Goenka has recently raised major concerns over how retail investors are reacting to it.
Earlier this week the businessman warned, writing: For those who have subscribed to the IPOs – let it be a lesson. For those considering future IPOs – be very careful. Go back to basics – profits, free cash flow, PE multipliers.
I can imagine another dotcom like the coll -se. And the private shareholders will get burned, he added.
Then Goenka shared another cautionary story yesterday about scammers who lure the people of a village by paying them good returns but ultimately fooling them out of their money causing even more trouble.
Several unicorns like Zomato, Paytm, Nykaa and many other startups went public this year. While Nykaa was up 80 percent after debuting on November 10, Paytm’s eagerly anticipated IPO dis -pointed investors with its listing down 27 percent.
(With contributions from agencies)
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