Big-ticket IPOs have struggled to deliver bumper listing gains. Can Mukesh Ambani backed Reliance Jio buck the trend?
60-Word AI Digest
Several of India’s biggest IPOs, including those of Hyundai Motor India, LIC and Paytm, delivered weak or modest listing gains. Jio Platforms may break that pattern: anchor investors showed strong demand and its grey market premium points to a potential premium.
Key Takeaways
- Several of India’s biggest IPOs, including those of Hyundai Motor India, LIC and Paytm, delivered weak or modest listing gains.
- Jio Platforms may break that pattern: anchor investors showed strong demand and its grey market premium points to a potential premium.
- Full details and original dispatch available below.
Several of India’s biggest IPOs, including those of Hyundai Motor India, LIC and Paytm, delivered weak or modest listing gains. Jio Platforms may break that pattern: anchor investors showed strong demand and its grey market premium points to a potential premium.
Original Publisher Attribution
This summary was curated from Livemint.