2017 IPO overview: D-Mart retains the lead
DSIJ Intelligence / 05 Aug 2017
With the market trading at near its all-time high levels, companies are finding it a favourable time to debut in the capital markets to fetch good prices for their shares.
With the market trading at near its all-time high levels, companies are finding it a favourable time to debut in the capital markets to fetch good prices for their shares. Around 16 companies have come up with initial public offerings (IPOs) in 2017, so far.
Some of them have shown stellar performance whereas a few IPOs received a poor response from investors. Benchmark index, Nifty, gained 23% and Sensex gained around 22% on an YTD basis. Following is the list of companies which hit the share markets in 2017 for the first time. D-Mart operator, Avenue Supermarts, which got listed on the bourses on March 21, 2017 tops the list of most profitable IPOs of 2017 with gains of over 200%. S Chand & Company is the top loser in the list, losing 25.3% in its share price.
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