IPOs in 2022 of ‘better quality’, earn better money for investors

Adani Wilmar, which raised ₹3,600 crore through an IPO in February at an issue price of ₹230 per share, is currently trading at ₹672, 192% above the issue price. IPOs of Veranda Learning Solutions and Venus Pipes & Tubes have given a return of more than 130% since listing. Similarly, companies such as Aether Industries, Electronics Mart, Vedant Fashions, Hariom Pipe Industries, and Campus Activewear are trading 50% to 90% above issue price.

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