More than 60 per cent of the issues that hit the primary market in the last five years are still in the negative territory
Last updated: 09-Sep-2024•Vikas Vardhan
IPOs are not an avenue for quick bucks anymore. More than 60 per cent of the issues that hit the primary market in the last five years are still in the negative territory. The number of issues in the primary market has dropped significantly in the recent past as most promoters have become wary of tapping the market due to its dismal performance. Tougher IPO norms introduced by the Sebi also had an adverse impact on the market.
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