The analysis of mainboard initial public offerings (IPOs) in the Indian market between 2020 and 2022. Here are the key points:

  1. Number of Mainboard IPOs:
    • During the period between 2020 and 2022, there were a total of 120 mainboard IPOs in the Indian market.
  2. Listing Performance:
    • Out of these 120 IPOs, 86 listed at a premium, indicating that the market price upon listing was higher than the issue price.
    • Conversely, 34 IPOs listed at a discount, suggesting that the market price upon listing was lower than the issue price.
  3. Analysis Period:
    • The analysis appears to cover a three-year span, providing a comprehensive view of the IPO market dynamics during this timeframe.
  4. Issue Size Not Specified:
    • The analysis has been conducted regardless of the issue size, implying that both large and small IPOs are included in the evaluation.
  5. Implications of Listing at a Discount:
    • The acknowledgment that some IPOs listed at a discount does not imply negative long-term prospects, as subsequent performance and returns are also key considerations.

Initial public offerings (IPOs) in India, with over 30 companies going public in 2023 alone. The key points include:

  1. IPO Surge:
    • Indiaโ€™s equity market has witnessed a significant increase in the number of IPOs, with more than 30 companies going public in the year 2023.
  2. Positive Returns for IPOs:
    • The current trend stands out as a majority of these IPOs have listed at a premium, resulting in positive returns for shareholders.
  3. Listing at a Discount in the Past:
    • Over the last three years, there have been instances where companies listed at a discount to their IPO price.
  4. Long-Term Investor Wealth:
    • The analysis emphasizes that listing at a discount doesnโ€™t necessarily translate to the long-term destruction of investor wealth.
  5. CNBC-TV18 Analysis:
    • CNBC-TV18 is conducting an analysis to shed light on this trend, focusing on companies that listed at a discount but managed to deliver substantial returns over time.

The information suggests a nuanced approach to evaluating the performance of IPOs, acknowledging that short-term listing prices may not be indicative of long-term investor outcomes. It reflects a broader interest in understanding the dynamics of IPOs in the Indian market and the factors influencing investor returns. Investors often consider various aspects, including the companyโ€™s fundamentals, industry trends, and market conditions, when making decisions about participating in IPOs.

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