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IPO fundraising slumps by 26% in H1 FY24 to ₹26,300 crore, shows data

IPO mobilisation climbed significantly by 76% in the first half of 2023–24, excluding LIC IPO that was launched last year.Retail investors showed greater enthusiasm, with the average number of applications increasing to 10.02 lakh, according to Prime Database Group s report. ....

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27 of 28 IPOs this year trading above issue price

IPO response was further buoyed by strong listing performance. Average listing gain (based on closing price on listing date) increased to 29.44 per cent in the first half of 2023-24 in comparison to 11.56 per cent in the first half of 2022-23, . ....

New Delhi , Pranav Haldea , Sanjeev Sharma , Utkarsh Small Finance Bank , Managing Director , Netweb Technologies , Prime Database , Mankind Pharma , Plaza Wires ,

ipo scorecard: IPO scorecard in H1FY24: Only 1 loser, average listing gains at 29%

Ideaforge topped the charts with a stupendous return of 93%, followed by Utkarsh Small Finance Bank at 92% and Netweb Technologies at 82%. The largest IPO in the first half was from Mankind Pharma (Rs 4,326 crore), followed by JSW Infrastructure (Rs 2,800 crore) and RR Kabel (Rs 1,964 crore) ....

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