InvestorQ : How has the recent fall in the markets impacted the prices of IPOs that got listed?
Juvina Maggie made post

How has the recent fall in the markets impacted the prices of IPOs that got listed?

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Deepa Salunkhe answered.
1 month ago
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Actually, the impact has been quite deep, especially in the last five days even as recent IPOs like MTAR Technologies and Easy Trip managed to list at substantial premiums. These IPOs failed to sustain these premiums after listing and in many cases they have descended below the listing price. Markets have been expressing concerns that a lot of IPOs in recent times have listed at a very heavy premiums, largely on the back of huge oversubscription.

Most of the recent IPOs that listed at high premiums are beginning to losing steam in the last few days. MTAR Technologies, Heranba Industries and even IndiGo Paints have weakened after listing at a huge premium. In fact, it is estimated that 85% of the mainboard IPOs listed in 2021 are trading below their listing price.

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