IPOs in 2017: A third of stocks listed this year trading below issue share price3 min read 06 Nov 2017, 01:27 AM IST
SBI Life Insurance, S Chand, Matrimony.com among those stocks whose IPOs were fully subscribed but their share prices have disappointed
Mumbai: India’s primary market has been the most vibrant in 2017, with companies raising a record amount, but nearly one-third of these stocks are trading below their issue price. Data from Prime Database showed that Indian companies raised a total of Rs1.39 trillion from the primary market in 2017, exceeding the previous high of Rs1.04 trillion in 2010.
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