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NIFTY 50·23,523.10+0.82%SENSEX·77,346.06+0.62%IPOs·83.21−0.12%GOLD·$82.45−1.80%NIFTY 50·23,523.10+0.82%SENSEX·77,346.06+0.62%IPOs·83.21−0.12%GOLD·$82.45−1.80%

IPOs

August IPOs Outperform Volatile Markets With Returns Up to 72%

4 days ago · Lumic

August IPOs in India show strong performance with up to 72% returns, outperforming volatile stock markets.
Lumic
4 days 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·4 days ago

Discover how India's primary market defied a volatile August, with Initial Public Offerings (IPOs) delivering impressive returns. This 'Insights' piece delves into the strong performance of August IPOs, showcasing how a significant majority listed with gains, significantly outperforming the broader Indian stock market. Even as the Nifty 50 experienced a dip, 15 out of 17 IPOs launched in August continued to trade above their issue prices. Leading the pack, Dhoot Transmission offered remarkable post-listing gains of 72%, closely followed by Technocraft Ventures at 69%. Explore the resilience of the Indian IPO market and what this means for retail investors navigating the primary market in India.

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