Recent IPO Listings Deliver Mixed Market Debuts

IPO listings delivered mixed performances, with strong gains in select large issues while SME investors remain cautious on valuations.

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Recent IPO Listings Deliver Mixed Market Debuts

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Recent IPO Listings Deliver Mixed Market Debuts
IPO listings delivered mixed performances, with strong gains in select large issues while SME investors remain cautious on valuations.
Recent IPO activity showed divergent listing outcomes. ICICI AMC debuted with a market capitalization of Rs 1,07,007 crore, rising 19% to trade at Rs 2,585.90, reflecting strong institutional interest. Meesho listed at Rs 50,096 crore valuation, gaining over 100% post-listing. In the SME segment, upcoming issues include Shyam Dhani Industries and Sundrex Oil, while Marc Technocrats listed on December 24 with a Rs 161 crore market cap. Investor focus remains selective amid valuation scrutiny.
Sentinel