DigitalNewsServices

24×7 Live News

US Top news

IPO: Most IPOs will outperform Sensex in 2023

Mumbai: In a year when the key equity benchmark Touched new highs and gained almost 20% investors Nearly Rs 85 lakh crore richer, 55 out of 59 issues gave good returns to IPO investors Return Average of 45%. In fact, 2023 turned out to be a windfall for primary market investors as 59 companies hit the road, raising Rs 54,000 crore and delivering returns 45% above the average issue price, according to exchange data.
This means that more than two-thirds of companies outperformed the benchmark indices, which are up close to 20% on the year. Average Listing Profit for All 59 IPO 26.3% and their average profit till December 29 is 45%.



Source link

LEAVE A RESPONSE

Your email address will not be published. Required fields are marked *