IPO boom faces reality check as nearly half of 2025 listings slip below issue price

December 29, 2025

India’s primary market experienced a record year in 2025, but many companies that went public are now trading below their initial offer prices. This highlights a gap between initial excitement and lasting investor confidence. While some large IPOs performed well, smaller ones struggled.

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Falling crude, stable macros set stage for India’s next growth phase: Aditya Kondawar

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