There were total of 78 mainboard IPOs that hit the markets during the year.
Considering 1 retail lot each of ~ Rs. 15,000 from listing if held, here are few points to ponder : 1. Out of total 78 issues, 56 ended up giving positive returns. 2. Top three as per Best returns remained IREDA (324%), Netweb Tech (222%), Signature Globus (201%) 3. Bottom three as per Worst returns turned out to be Credo (-40%), E-pack Durables (-34%) and Muthoot MF (-31%) 4. Average returns of all the 78 IPOs in FY2023-24 is impressive 41% + 5. Here is an interesting finding, even if someone has purchased one lot each of all the IPOs on listing day from secondary markets, current average return would be close to 12.5% +
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