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Netweb Technologies, a leading high-end computing solutions (HCS) provider in the country, on Wednesday said it registered 20 per cent growth in profit after tax (PAT) for the Q3 FY24 to Rs 26 crore from Rs 21.68 crore in the same quarter last ...
The average listing gain for all the 59 IPOs is 26.3 per cent and their average gain as of December 29 is 45 per cent and only four of the 59 main-board IPOs are traded below the issue price on December 29
In a year when the key equity benchmarks scaled new highs and rallied nearly 20 per cent making investors richer by close to Rs 82 lakh crore, IPO investors laughed all the way to the bank as 55 of the 59 issues gave them handsome returns of 45 per cent on average.
Indian companies collectively raised $7.1 billion (around ₹54,000 crore) through the IPO route. Its share in the total money raised globally through IPOs expanded to 5.6%, up from 4.1% in the previous year. China raised $60.5 billion, accounting for nearly 48% of the global funds raised compared with 56% a year ago.
Cyient DLM, listed on July 10, emerged as another significant gainer, witnessing a 149 per cent surge to Rs 660.20 from its issue price of Rs 265.