“In largecaps, Nifty is trading slightly higher than its average valuation but has not reached high or historical valuation levels. So, in a way, largecaps become an easier choice right now compared to midcaps and smallcaps,” says Nimesh Chandan, CIO, Bajaj Finserv AMC.In an interview with ETMarkets, Chandan said: “If you are able to find … Read more
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
Mumbai: Amid massive selling by promoters and private equity players in the secondary market, fresh capital raised via initial public offerings (IPOs) in the first-half of the year has surged to the highest in nine years, indicating a slow revival in capital expenditure by India’s private sector. Of the ₹33,610 crore raised by 37 companies … Read more
After a muted last week, a flurry of companies are set to launch their initial share sales, including three in the mainboard segment next week. The Street will see a total of seven IPOs in the upcoming week. In the mainboard segment, the public offers of Dee Development Engineers and Akme Fintrade will kick-off from … Read more
A boom in tiny initial public offerings in India may soon be followed by larger deals, broadening options for global investors looking to join the nation’s equities frenzy. Citigroup Inc., the top arranger of equity offerings in India this year, sees four to five IPOs of at least $1 billion each over the next year. … Read more
This episode was first played on our global news podcast, Today in Focus. Reddit is one of the last mainstream social media platforms that still resembles something of how the internet used to be. A place where humour abounds, niche interests are obsessed over, gossip is traded and viral videos are spread. Think of it … Read more
Reddit is one of the last mainstream social media platforms that still resembles something of how the internet used to be. A place where humour abounds, niche interests are obsessed over, gossip is traded and viral videos are spread. Think of it as Facebook’s subversive cousin, or Wikipedia’s anarchic little brother. But for how much … Read more
A big concern ahead of the public listing was that Reddit, the platform that gave birth to the memestocks of 2021, could also suffer the wild price swings caused by large numbers of investors coordinating their strategy over social media, including Reddit itself on forums such as r/wallstreetbets. Reddit’s IPO is a test of investor … Read more
The amount of time Reddit reports that users spend with its service hasn’t significantly budged either. In September 2021, the company said that US users on average engaged for 28 minutes a day. It ticked up to 30 minutes that December. In December of 2023, the company specified a figure only for “logged-in” US users, … Read more
Mar 07, 2024, 10:45:51 AM IST It’s already been a good year for IPOs with robust listing gains. Out of the 15 companies that made their way to the bourses, only 4 companies opened in the negative while the rest brought cheer to investors. Here are the top 5 IPOs so far in 2024 that … Read more
