Over 60% of Mega Issues Trade Below Issue Price as Investors Face Heavy Losses:
Investor enthusiasm for mega initial public offerings (IPOs) on Dalal Street has hit a sobering reality check, as larger issue sizes continue to stumble in delivering sustainable stock market gains. Market performance data reveals that out of 11 mega IPOs that raised over ₹9,500 crore each since 2021seven high-profile listings are currently trading well below … Read more