The IPO calendar is crowded with listings this week, even as fresh fundraising slowed. As many as 11 companies are set to list, most of them on the SME platforms. Grey market trends suggest that investors could still see sharp listing pops in select names, with GMPs indicating gains of up to 90%, even as overall sentiment remains cautious.
Mcap of 8 of top-10 firms erodes by Rs 1.55L cr
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj