India: More than half of IPOs listed in 2018 trading below issue price

India: More than half of IPOs listed in 2018 trading below issue price

Visual from Pixabay

Shares of more than half of all companies that went public this year are trading below their issue price, hurt by market volatility, aggressive pricing and sometimes stock and sector-specific issues. Out of 21 initial public offers (IPOs) in 2018, shares of 11 companies now trade below their issue price.

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