Rs 90,000 crore in 90 days: One of India's biggest IPO cycles in history produces poor listing gains

📅 Published: November 21, 2025 | 📂 Category: Uncategorized

India’s primary market saw a record Rs 90,000 crore raised through 61 IPOs in 90 days. Despite strong subscriptions, many new listings delivered poor returns, with nearly half trading below their issue price. Analysts note a shift towards valuation sensitivity, with retail favorites underperforming.

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