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Pre-listing shareholders' lock-in will open for 33 companies in April-July, creating further volatility, while IPO fund raising almost halved to Rs 52,116 crore in FY23
Only two companies including Dreamfolks Services and Electronics Mark India- delivered a listing pop of 55 per cent and 52 per cent, respectively.
The initial share-sale received bids for 9,79,44,810 shares against 56,10,000 shares on offer, as per data available with the NSE.
The two companies, which had filed preliminary IPO papers with the Securities and Exchange Board of India (Sebi) during April and July 2022, obtained observations during October 31-November 3, an update with the regulator showed on Monday.
The two companies, which had filed preliminary IPO papers with the SEBI in April and July 2022, obtained observations during October 31-November 3, an update with the regulator showed. Get more IPO News and Business News on Zee Business.