Mutual funds have been betting big on IPOs in the last couple of months. The last quarter has seen big-ticket IPOs hitting the market. Some mutual fund houses have gone big on these IPOs while many others have stayed away from them.
Biggest beneficiaries of IPO boom -- venture capital funds, private equity players businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
Premia of these listing candidates in the unofficial market were hammered badly after sentiment in the second rung stocks took a hit, subscription levels of recent IPOs turned poor and Rolex Rings and Glenmark Life delivered lesser listing gains than expected.