News > In equity's Indian summer, IPOs and investors make hay in 2024
In equity's Indian summer, IPOs and investors make hay in 2024
11/07/2024 12:10 PM | Click to read full article
The majority of this year's initial public offerings (IPOs) have been hits - generating strong investor responses and delivering significant returns following substantial listing gains. About 38 IPOs have taken place so far in 2024 with an average listing gain of 25% and average returns after debuting at 49% to date. Four stocks - Jyoti CNC Automation, Exicom Tele-Systems, JNK India and TBO Tek - have delivered returns of 100-300% over the offer price.
