• Home
  • Opinion
  • Politics
  • World
  • Business
  • Science & Tech
Saturday, July 2, 2022
No Result
View All Result
SUBSCRIBE
The Outlooker
27 °c
Delhi
  • Home
  • Opinion
  • Politics
  • World
  • Business
  • Science & Tech
  • Home
  • Opinion
  • Politics
  • World
  • Business
  • Science & Tech
No Result
View All Result
The Outlooker
No Result
View All Result
  • National
  • Politics
  • Opinion
  • Business
  • Science
  • World
  • Health
Home Business

Only 1 of 13 IPOs in 2020 so far failed to help investors pocket gains; Will 2021 be any different?

by The Outlooker Web Desk
December 23, 2020
in Business
0
Mrs Bectors IPO subscribed 197 times on final day of bidding; grey market premium soars further
1.8k
SHARES
12.9k
VIEWS
Share on FacebookShare on Twitter

Going forward, with more liquidity in the market and increasing interest, IPOs could continue to gain traction in 2021.

Initial Public Offering (IPO) in 2020 have rebounded strongly after a weak start with the disappointing listing of SBI Cards followed by Antony Waste Handling Cell withdrawing its issue. As we near the end of 2020, of the 13 stocks that made their debut on Dalal Street so far this year only 2 have slipped below their listing price and only one currently trades lower than its issue price. Investor interest in IPOs has been growing with most of the issues being oversubscribed by retail investors on the very first day. Going forward analysts expect more of the same in 2021. “I believe the momentum might persist in primary markets and  IPOs might continue to shine,” Gaurav Garg, Head of Research at CapitalVia Global told The Outlooker Online.

This year started with the much-awaited IPO of SBI Cards and Payment Services. After listing at a 12% discount to the issue price in March, SBI Cards has rebounded and now trades at Rs 837 per share, up from its issue price of Rs 755 apiece. However, as the dust settled, IPO market heated up again in July with Rossari Biotech listing at an 89% premium, followed by 137% listing day gains recorded by Happiest Minds Technologies. Although still at a premium to their issue price, only Happiest Minds and Chemcon Speciality Chemicals are the stocks that are currently trading at a price lower than their listing price.

“2020 has been one of the best years for IPOs with companies like Burger King India, Happiest Minds, Gland Pharma, Rossari Biotech, creating great listing gains for investors,” said  Divam Sharma, Co-founder, Green Portfolio Management Services. “IPOs have generated average listing day gains of over 35% in the second half of the calendar year 2020,” he added. The ease of access to public issues through discount brokers has increased investor participation when it comes to IPO, according to him. 

Also Read: Antony Waste Handling grey market premium falls amid share market volatility; what to expect on listing day?

Going forward, with more liquidity in the market and increasing interest, IPOs could continue to gain traction in 2021. “We will continue to see such high-interest levels in IPOs as there is continuous growth in retail participants and high institutional liquidity will continue to chase these new opportunities,” Divam Sharma told The Outlooker Online. However, analysts advise investors to keep their goals clear ahead of investing in IPOs — listing gains or long-term investment. “Investors should try to grab the opportunity in stocks having strong fundamentals with sustainable growth in business. One should have a clear goal in mind while investing in the IPO; It is very important to differentiate between listing gains and long term appreciation,” said Gaurav Garg of CapitalVia Global.

2021 could also be the year when stock markets witness the most awaited public issues of recent times — Life Insurance Corporation (LIC). The financial behemoth is expected to debut on the bourses in 2021. “IPO of Life Insurance Corporate (LIC) is the most awaited IPO for  2021 as it is going to be one of the largest in the Indian primary market history,” Gaurav Garg added. Other awaited IPOs in 2021 include Nazaraa, Zomato, and RailTel Limited among others.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

The Outlooker is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

The Outlooker Web Desk

The Outlooker Web Desk

Next Post
Sugathakumari, Eminent Malayalam Poet And Activist Dies

Sugathakumari, Eminent Malayalam Poet And Activist Dies

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Maharashtra Chief Minister Eknath Shinde In Goa, May Get His Team Back To Mumbai Today: Sources
National

Maharashtra Chief Minister Eknath Shinde In Goa, May Get His Team Back To Mumbai Today: Sources

July 2, 2022
Oil taxes: Reliance stock falls over 7%, ONGC shares tumble more than 13%
Business

Oil taxes: Reliance stock falls over 7%, ONGC shares tumble more than 13%

July 2, 2022
Man Beaten To Death By Mob In Rajasthan Over Cow Smuggling Suspicions
National

Top Cop Ashok Meena Suspended Over Negligence

July 1, 2022
US Stocks: Wall Street begins second-half with losses on growth worries
Business

US Stocks: Wall Street begins second-half with losses on growth worries

July 1, 2022

Connect with us

No Result
View All Result

Archives

  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020

Category

  • Artistic
  • Business
  • Crypto
  • Design
  • Entertainment
  • Fashion
  • featured
  • Food
  • Gaming
  • Health
  • Human
  • Lifestyle
  • Movie
  • Music
  • National
  • Opinion
  • Politics
  • Science
  • Spaces
  • Sports
  • Tech
  • Travel
  • Uncategorized
  • World

Recent Posts

  • Maharashtra Chief Minister Eknath Shinde In Goa, May Get His Team Back To Mumbai Today: Sources
  • Oil taxes: Reliance stock falls over 7%, ONGC shares tumble more than 13%
  • Top Cop Ashok Meena Suspended Over Negligence

About Us

The Outlooker

The Outlooker is your source of authentic, hand-picked news, stories, analysis from India & the World.

  • Terms Of Service
  • Privacy Policy
  • About us
  • Submit your story
  • Contact

© 2019-2021 The Outlooker. All rights reserved.

No Result
View All Result
  • Home
  • Politics
  • World
  • Business
  • Science
  • National
  • Entertainment
  • Gaming
  • Movie
  • Music
  • Sports
  • Fashion
  • Lifestyle
  • Travel
  • Tech
  • Health
  • Food

© 2019-2021 The Outlooker. All rights reserved.