It’s been a trend that the majority of firms do initial public offerings (IPOs) while the market is in a bull run. Many IPOs have already taken place, and many more are on the way. This is because the promoters and the boards of directors believe that by selling their shares in these overvalued markets, they would be able to raise more money. Many companies, such as NSE, Paytm, Policy Bazaar, LIC, and Nykaa, are planning large-scale IPOs. Because most of these IPOs are expected to be fully subscribed due to their significant market share, market capital will now flow to these companies. Since people's wealth hasn't grown as a result of the pandemic and we the people are the ones which make up the market, it’s our money only which goes to these brands. Where does this money come from? People will re-allocate their money to these IPOs that would have otherwise gone to Index Funds, SIPs, and large cap companies that make up NIFTY and SENSEX. Large sums of money would be pulled out of current equities and re-invested in these new IPO stocks in a synchronised fashion, further reducing liquidity. This would lead to a small correction in the value of each share already listed in the market. On the plus side, based on the previous year's success, many new investors have entered the market, bringing fresh cash with them that would not have entered otherwise. As a result, inflows have grown as well. However, even if new investors are able to fund the same amount as new IPOs, it would still have an influence on the market