Sunday, March 02, 2025 | 04:01 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Of 15 IPO stocks, 11 gave listing gains in 2019; IRCTC listed 101% higher

On average, IPO stocks listed 20 per cent higher than their issue price on a listing day

Representative Image (Photo: Shutterstock)
Premium

Representative Image (Photo: Shutterstock)

Sundar Sethuraman
Of the 15 companies that got listed on the bourses in 2019, 11 delivered between 4 per cent to 101 per cent listing gains to investors.

On average, IPO stocks listed 20 per cent higher than their issue price on a listing day. IRCTC listed 101 per cent higher,while Ujjivan Small Finance Bank and CSB Bank  listed 56 and 41 per cent higher. Though the number of issues and the total funds raised through IPOs shrank in 2019, most of the companies which got listed in 2019 are trading above their issue price. They have risen up to 170 per cent
Topics : IPO

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in