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Out of 85 IPOs listed between FY17 to FY19, only 58 gained on listing day: KPMG report

Updated : November 13, 2019 03:55 PM IST

The funds raised in FY19 and FY17 were lower by 74 percent and 63 percent respectively as compared to FY18.
IPOs with smaller issue size, in general, saw greater subscription by amount compared to IPOs with larger issue size, according to the report.
While in FY18, the five largest IPOs returned a meagre 1.8 percent on listing day compared to 75.2 percent returned by the bottom five companies.
Out of 85 IPOs listed between FY17 to FY19, only 58 gained on listing day: KPMG report
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