Harsh Goenka takes a dig at IPO with this hilarious video. watch till the end

Taking a dig at the unprecedented IPO flow this year, Harsh Goenka, Chairman, RPG Group, shared a hilarious Jaspal Bhatti clip that will just make you laugh.

In the video, the iconic comedian is seen helping the two panipuriwala Set up your IPO. Providing tricks and tips for setting up a large group, he explains how easily they can scale up. 1 crore for their business.

The clip is from an episode of Bhatti’s Flop Show, which was very popular in the 90s.

Sharing the clip on Twitter, Goenka writes – How are IPOs happening these days…..

see here

Looks like Twitterattis thoroughly enjoyed the clip. Many praised Bhatti for his timeless comedy.

One says, Bhatti sahib was ahead of his time. This video is eye opener for all those promoters who consider IPO as money making racket

Great Bhatti sir..Wonderful satire! Zaheer si baat hai, this game is quite old, says another follower.

When an educated person does comedy, it is reflected in it. Jaspal Bhatti, prime example, post another.

Amid the IPO rush this year, Harsh Goenka has shown a lot of concern in recent times about how retail investors are reacting to them.

Earlier this week in a cautionary tale, businessman posted, “Let this be a lesson to those who subscribe to the IPO.” For those looking for future IPOs – be very careful. Back to basics- profits, free cash flow, PE multiplier.

I can imagine another dot com like fall. And retail shareholders are about to burn, he said.

Then yesterday, Goenka shared another cautionary tale about fraudsters who mislead the people of a village by giving them handsome returns, but eventually dupe them with their money, adding to the process further.

Many unicorns like Zomato, Paytm, Nykaa and many other start-ups went public this year. While Nykaa jumped 80 per cent since its November 10 opening, the much-anticipated Paytm IPO disappointed investors with a 27 per cent drop on listing.

(with inputs from agencies)

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