IPO frenzy may be nearing a peak; investors need to be selective: Abakkus' Aman Chowhan

The initial public offering (IPO) frenzy that has gripped the Indian market over the past two months may be nearing a peak, according to Aman Chowhan of Abakkus Asset Manager. He expects the rush for new listings to cool as liquidity gets deployed and fund managers become less aggressive, which cou…