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Fourth quarter of 2023 witnessed a staggering 72% increase in IPOs compared to the same period in 2022; SME segment showcased remarkable growth, witnessing 61 IPOs in Q4 2023, states the Q4 IPO Trends report by EY
Of the 92 IPOs, 31 were main-board while the remaining 61 were from the small and medium enterprises (SMEs), according to a report published by EY India on Q4CY23s top IPO trends.
Six companies listed in Samvat 2079 have given multibagger returns (compared to their issue prices) so far while most of the remaining are trading above their issues prices.