The IPO charm is waning; revival hinges on lowering expectations
SummaryRecent IPOs of Nuvoco Vistas and Chemplast Sanmar received a lukewarm response from investors
The IPO market charm is fading as quickly as it started. After stellar oversubscriptions and bumper listings, recent initial public offerings (IPOs) of Nuvoco Vistas and Chemplast Sanmar saw lukewarm investor response. Several recently listed IPOs did not provide enough listing pop.