Geojit’s Vijaykumar warns investors against “primary market FOMO” after what he describes as an “irrational frenzy” in the IPO market. He cautions that the recent pace of new listings may tempt investors to participate without adequate consideration of risk and valuations.

The remarks come as there are 10 active mainboard IPOs at the time, with six of them opening for bidding on the same day. The outlets frame the comment as a reaction to investor enthusiasm and the momentum in the primary market, rather than a specific critique of any single company’s filing or performance.

While both reports highlight the same warning and the same backdrop of multiple concurrent IPO launches, they differ only in wording—one refers to “investors” generally and the other repeats the “irrational frenzy” phrasing. Neither source provides additional market data or a detailed breakdown of the IPOs involved beyond the count of active listings and those opening for bidding that day.