IPO news: In equity’s Indian summer, IPOs and investors make hay in 2024

IPO news: In equity’s Indian summer, IPOs and investors make hay in 2024

Mumbai: 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% till date. Four stocks – … Read more

Exicom Tele-Systems to float IPO on Feb 27; aims to raise Rs 329 crore via fresh issue

Exicom Tele-Systems to float IPO on Feb 27; aims to raise Rs 329 crore via fresh issue

EV chargers maker Exicom Tele-Systems Ltd is set to launch its Initial Public Offering (IPO) on February 27. The initial share sale will conclude on February 29 and the bidding for anchor investors will open for a day on February 26, according to the Red Herring Prospectus (RHP). The maiden public issue comprises a fresh … Read more