Recently, I increased my activity on LinkedIn and discovered a wealth of useful information by following the right pages. I've always been a fan of general knowledge, but currently focusing more on startup-related information, which is abundant here.
One post highlighted that the founders of Snapdeal are achieving returns of 157x in the Shadowfax IPO. This prompted me to consider whether this is the best ROI from recent Indian IPOs. After some research, found that there are even bigger returns. Here are the top 5 before Shadowfax, first one at 344x:
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