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Wednesday, November 13, 2024

12 IPOs That Kept Sparkling Since Last Diwali, Maintaining Premiums

The primary market has witnessed significant activity in the past year, with several initial public offerings (IPOs) generating substantial returns for investors. As Diwali celebrations begin, a dozen IPOs have maintained higher premiums compared to their listing prices since last year’s festivities.

These 12 IPOs have demonstrated remarkable resilience, with their shares trading at premiums ranging from 10% to 140% over their issue prices. Notable performers include:

Hariom Pipe Industries, which listed in April 2022 and currently trades at a 140% premium.

Verandah Learning Solutions, listing in March 2022, maintains a 114% premium.

Delhivery, which debuted in May 2022, trades at a 65% premium.

Other notable IPOs include:

Rainbow Children’s Medicare

Adani Wilmar

Ethos Limited

Global Health Limited

Sigachi Industries

Tega Industries

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These companies’ strong performance can be attributed to factors such as robust financials, favorable industry trends, and effective management.

Market experts suggest that investors should exercise caution and conduct thorough research before investing in IPOs. They emphasize the importance of evaluating a company’s fundamentals, growth prospects, and industry dynamics.

As the market continues to evolve, these 12 IPOs serve as a testament to the potential for growth and returns in the primary market.

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