By Mousumi Paul Nov 8, 2019 3:06:56 PM IST (Updated)
Initial public offerings (IPOs) launched this year made generous returns despite the fact that several sectors were severely hit by the economic slowdown and liquidity crisis. Most of the 10 blockbuster IPOs launched this year have delivered more than 25 percent returns year-till-date (YTD).
Initial public offerings (IPOs) launched this year made generous returns despite the fact that several sectors were severely hit by the economic slowdown and liquidity crisis. Most of the 10 blockbuster IPOs launched this year have delivered more than 25 percent returns year-till-date (YTD).
Live Tv
Loading...
Besides, the S&P BSE IPO index has surged 40 percent year-to-date, outperforming the Sensex and the Nifty combined — Sensex rose 12 percent while Nifty50 went up 10 percent.
While, in the last one year, the IPO index saw a massive growth of 49 percent. The Sensex and the Nifty50 rose 15 percent and 13 percent, respectively.