IPO Performance in India: 18 Out of 30 Fail to Impress Investors, Only 2 Provide Significant Returns
18 out of 30 IPOs in India have flopped, with only 2 delivering significant returns, highlighting the challenges investors face in the current market.
The recent trend in India's IPO market has taken a disappointing turn, with a report revealing that 18 out of the 30 top IPOs have failed to deliver expected returns. As the market experiences a surge in new listings, the initial excitement is often followed by a decline in stock performance. Investors are left disheartened as many IPOs fail to meet their potential.
According to a report by Capitalmind Financial Services, 19 of the top 30 IPOs have generated negative returns compared to the CNX 500 index. Notably, the Reliance Power IPO, once the largest in India at ₹450 per share in 2008, has delivered the most significant losses for investors. As the IPO landscape evolves, companies like Hyundai India are gearing up for their own high-profile listings, raising hopes for a turnaround.
Despite the gloomy outlook, two standout IPOs have managed to provide substantial returns for their investors. Coal India has been a consistent performer over the past 14 years, doubling its investors’ returns. Additionally, Zomato's IPO has garnered attention for its impressive performance in the market.
