Adani Wilmar’s stock has climbed up to 205.6 per cent from the issue price. While Sona Precision (81.6%), Patanjali Foods (106%) and PowerGrid (38%) managed to take the lead.
This year has also seen a decline in the sale of shares through initial public offering (IPO).One97 Communications (Paytm) is the top loser with a loss of 67% from the issue price.The share price of LIC has also fallen 31% from the issue price, while that of Zomato has fallen 20.7%.
Adani Wilmar shares rose up to 205.6 per cent from issue price
At the same time, despite this fall, many IPOs have given an average return of 50%, while the BSE Sensex has increased only 1.6% during this period.On the other hand, the share of Adani Wilmar has climbed up to 205.6 per cent from the issue price.While Sona Precision (81.6%), Patanjali Foods (106%) and PowerGrid (38%) managed to take the lead.
There has been a significant decline in the amount raised from the IPO this year.
An analysis on the performance of the stock market said that the amount raised from IPOs has come down significantly this year.According to this, it has been successful in raising an amount of Rs 38,155 crore from 51 IPOs that have come up so far in 2022.64,768 crore was raised from 55 issuances in the same period last year.