Investors sell 54% of IPO shares within a week, finds Sebi study
Reflecting the growing trend of investing in IPOs for listing gains, a Sebi study shows that 54% of IPO shares are sold within a week from listing by non-anchor investors. Based on data from 144 mainboard IPOs listed between April 2021 and December 2023, the study found that about 54% of IPO shares (in value … Read more