An ETIG analysis of 101 mainboard companies that raised money through initial public offers (IPOs) since January 2024 shows that majority of the sample companies have not been able to improve upon their listing gains. In the sample, two out of every three companies currently trade below their listing prices.
$20 billion of IPOs per year a new normal for India: JP Morgan
Initial public offerings worth USD 20 billion per annum are the “new normal” for India and will become an annualised run rate over the next