IPO ahoy! 54 of 59 issues return 45% in 2023; just 4 trading below issue price
In a year when the key equity benchmarks scaled new highs and rallied nearly 20 per cent making investors richer by close to Rs 82 lakh crore, IPO investors laughed all the way to the bank as 55 of the 59 issues gave them handsome returns of 45 per cent on average.
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