S Krishnakumar’s interest in equities began during his college days in the mid-80s. His uncle was a banker and in the evening he and his friends who would discuss stocks and the market in general. Krishnakumar would hear about how much money they had made. IPOs were the flavour of the season then. Krishnakumar’s first few investments were IPOs since they were considered cheap and information about them were readily available.