India's IPO cycle raises ₹90,000 crore but listing gains disappoint
after close1 source ↓written by the desknot a recommendation
- ₹90,000 crore
- in the last
- 61 IPOs
- yielded less
- 44 IPOs
- yielded less
- 10% gains
- showing flat
- 19 IPOs
India's primary market has seen record fundraising of over ₹90,000 crore through 61 IPOs in the last 90 days. However, 44 IPOs yielded less than 10% gains, with 19 IPOs showing flat or negative returns. Despite strong retail participation, nearly half are trading below their issue price, indicating a shift from previous years' performance.
Not investment advice. For informational purposes only.