India’s IPO frenzy is back, but investors must stay selective, says Gurmeet Chadha of Complete Circle Consultants. He explains why unit economics, profitability and disciplined sizing matter when evaluating new-age stocks like Zomato, Paytm and Groww. With SIP flows booming but supply pressures rising, Chadha warns against chasing hype and urges a balanced, fundamentals-driven approach.