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Winning big in IPOs and market-making deals
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Winning big in IPOs and market-making deals

Episode 12 May 14, 2026
Guest
Aaditya Gutgutia Executive Director, DAM Capital Advisors

Harsh is joined by Aaditya Gutgutia, Executive Director at DAM Capital Advisors, seasoned dealmaker with over 20 years of experience, and author of The Polycycle Investor

From billion-dollar IPOs to corporate restructurings, Aaditya has advised on some of India’s most significant capital market transactions. 

In this episode, he takes us inside two defining moments in Indian dealmaking history — the Coal India IPO, one of the largest fundraisers the country has ever seen, and the IndiaMART listing, one of the earliest internet IPO success stories.

Listen to Aaditya’s insights on: 

  • Why great bankers think like entrepreneurs, not employees 
  • How fear-driven markets create the best opportunities 
  • What founders consistently get wrong before going public 
  • The psychology behind winning high-stakes negotiations 
  • How small daily improvements compound into outsized results