In this edition of ETMarkets Smart Talk, Subho Moulik, Founder & CEO of Appreciate, breaks down the US investing opportunity for Indian investors.
In this edition of ETMarkets Smart Talk, Subho Moulik, Founder & CEO of Appreciate, breaks down the US investing opportunity for Indian investors.
The buzz around US tech IPOs has reached a new level, with names such as SpaceX and Anthropic drawing investor attention even before their public-market journeys fully unfold.
But for Indian investors, investing in these high-profile companies involves more than simply opening an overseas brokerage account.
From accessing US IPOs and understanding pre-IPO opportunities to navigating the Liberalised Remittance Scheme (LRS), taxation and the risks of buying into highly anticipated listings, there are several layers to consider.
He explains why a delayed Anthropic IPO does not necessarily signal a red flag, what SpaceX’s sharp post-listing swings reveal about IPO pricing and limited float, and how investors can distinguish businesses with real AI-driven revenues and profits from those benefiting primarily from the AI narrative.
He also decodes the rules around US IPO access, pre-IPO investing, paperwork, taxation and overseas investment limits for Indian investors. Edited Excerpts -
Q) Anthropic has reportedly pushed back its IPO plans. Should investors see this as a red flag, or is postponing an IPO simply part of the normal listing process?
A) A postponement of a few weeks is a normal part of an IPO calendar, because the timing of a listing is decided after the filing, once the company and its bankers can see the market they are selling into.
What Anthropic has put on the record is a confidential draft S-1 with the US Securities and Exchange Commission on 31 May, with the number of shares, the price and the timing all left open and tied to market conditions.
The slip in the headlines is Reuters reporting, through unnamed sources, that the launch window has moved from late August or early September to mid-October, and the company itself has named no date. So the calendar has moved by a month or so, and nothing the company has filed or said has changed.
Averytin News Financial update.