But it IS "important" because if it goes as well as expected, that will signal that India (the "I" in 'BRIC") has begun what will probably be an extended period of rapid economic growth that will lift that whole region of the world, and be very, very good for all of us...
Im invested into the IPO so YES I care about the IPO
As long as it's under $70 per share, which last time I checked, it was, then I'm in. Here's a good article whether or not you should invest. Good details.