FirstCri, Ola Electric, Bajaj Housing Finance, NTPC Green, Swiggy, Vishal Mega Mart, Vari Energy, Hyundai and AFCONS Infrastructure, have gathered more than Rs 4,000 crore by public road. Of these, Hyundai’s fund was the largest India at Rs 27,870 crore.
Hyundai will pay Rs. Entered in 1820 and shares are currently trading at the upper Rs 2,050 at the listing price. If the March fag was not for the end rally, the stock was negative for most of this year’s.
Ola Electric, which was the leader of India’s tech -based electric vehicles, is about 32% of the price of offer fur and 38% from the list price. The company has been surrounded by social media complaints not to live by the company as per the standards set by the company. Ola raised Rs 6,000 crore through IPO.
At the time of the IPO, Bajaj Housing Finance received a record -breaking demand as investors wanted a piece of IPO coming from the nominated Bajaj group. Investors’ wealth has doubled on the listing day in the stock, which is made up of Rs 150. Now the stock is about 19% below these levels.
NTPC Green Energy, Firstcree, Vishal Mega Mart, Vari Energy and Swiggy have also fallen from the issue of issue. For example, NTPC Green is currently below 10% from the list price, while the firstcript has dropped by 42%. Swiggy, on the other hand, has been sitting in red with a fall of 20% since its first day.
What ahead?
In the next financial year, IPOs and some big names will also be seen tapping public markets. These include Zepato, Ather Energy, LG Electronics, Reliance Jio, NSE, HDB Financial Services and several others. However, analysts say investors are not ready to accept high evaluation, and companies now require the cost of their issues in line with fundamentals and growth expectations.
The IPO in this primary market can change the mobility, with many companies being seen earning on the bull run, with high evaluation in the public market.
This means that according to Bipin Bhansali, president of an Investment Banking Group, a list of smalleres and more practical prices, to ensure success on bores.
(Disclaimer: The recommendations, suggestions, opinions and views given by experts are their own. This does not represent the views of the economic time)
(Now you can subscribe to our Etmarkets WhatsApp channel)