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NIFTY 50·22,888.95−1.11%SENSEX·73,852.90−1.17%BANK NIFTY·55,488.10−0.64%RELIANCE·1,202.00−0.76%HDFC BANK·712.00−2.31%ICICI BANK·1,381.00−1.15%BHARTI AIRTEL·1,875.20−1.56%INFOSYS·1,130.70−2.63%L&T·3,661.90+0.96%TCS·2,460.90−0.17%ITC·260.80−1.02%SBI·973.70+1.15%AXIS BANK·1,236.00−4.19%NIFTY 50·22,888.95−1.11%SENSEX·73,852.90−1.17%BANK NIFTY·55,488.10−0.64%RELIANCE·1,202.00−0.76%HDFC BANK·712.00−2.31%ICICI BANK·1,381.00−1.15%BHARTI AIRTEL·1,875.20−1.56%INFOSYS·1,130.70−2.63%L&T·3,661.90+0.96%TCS·2,460.90−0.17%ITC·260.80−1.02%SBI·973.70+1.15%AXIS BANK·1,236.00−4.19%

IPOs

August IPOs Outperform Volatile Markets With Returns Up to 72%

about 2 months ago · Lumic

Indian stock market graph showing upward trend with IPO symbols overlayed
Lumic
about 2 months ago
August IPOs Outperform Volatile Markets With Returns Up to 72%
KEY POINTS
15 of 17 August IPOs listed with gains, giving the primary market an 88% hit rate
15 IPOs still trade above issue prices, even as the Nifty fell 0.6% during August
Dhoot Transmission leads post-listing gains at 72%, followed by Technocraft at 69%
LUMIC INSIGHT
Primary mkt returns are 72% stronger than secondary in Aug26
Economic Times·about 2 months ago

In August, India's primary market showed remarkable resilience, with most Initial Public Offerings (IPOs) delivering impressive returns despite a volatile stock market India. This 'Fin Shorts' story highlights how 15 out of 17 IPOs listed with gains, achieving an 88% success rate. Even as the Nifty 50 experienced a minor dip, these newly listed companies maintained their upward trajectory, with many still trading above their issue prices. Dhoot Transmission and Technocraft Ventures stood out, offering returns of 72% and 69% respectively. This performance offers valuable insights for retail investors navigating the Indian IPO market and looking at upcoming IPOs. The strong showing in the primary market India suggests opportunities even when the broader stock market India faces headwinds.

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IPOs

Jio Platform Set to Make India’s Biggest IPO Debut With ₹37,700 Crore Issue

  • The ₹37,700 crore issue to set a new record as the largest IPO by debuting on 12th October
  • Most of the money raised is planned for reducing borrowings at Reliance Jio Infocomm
  • Jio’s listing can bring one of India’s biggest digital businesses directly to public
LUMIC INSIGHT
Jio's bumper listing may act as a growth catalyst for the market
Economic Times·14 days ago