In 2023, 58 IPOs had been listed, elevating practically Rs 49,500 crore. The absence of mega-issues made it the fourth-highest grosser previously 10 years. Traders centered on itemizing good points, however a report highlights the chance for greater good points after itemizing. Just one IPO, Tata Applied sciences, doubled investor cash on itemizing, whereas others didn’t. IREDA nearly doubled on debut and has tripled in worth since itemizing. The IPO pipeline for 2024 appears sturdy, with Ola Electrical Mobility anticipated to be a mega IPO elevating round Rs 10,000 crore.
