Avenue Supermarts continues to be the best bet in IPOs this year; see list
A total of 10 companies have finished their IPO issue in the six months of 2017 raising over Rs 6,500 crore.
Key Highlights:
- 10 companies finish their IPO issue so far raising Rs 6,500 crore
- Avenue Supermarts continue to gain
- One stock is trading lower than its issue price
Out of the ten companies listed on Indian stock markets so far, Avenue Supermarts continue to lead the charts by rising nearly 200% from its issue price. One out of eight listed so far is currently in negative territory.
Also Read: Insurance firms are all about IPOs this year
Vish Dhingra, executive director, EY Global in a report said, "With positive macroeconomic factors, continuing regulatory and tax reforms and a robust investor and business sentiment, 2017 promises to be a healthy IPO year."
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