Economy
Performance Report Card of Major IPOs Ahead of NSE Debut
Livemint1h
THE BRIEF
1
Hyundai Motor India's ₹27,858 crore IPO debuted at ₹1,934 per share against its issue price of ₹1,960, and traded 8.3% higher at ₹2,095 by Wednesday's close.
2
Life Insurance Corporation of India debuted at ₹867.20 on May 2022, marking an 8.62% discount to its issue price of ₹949 before staging a subsequent recovery.
3
One 97 Communications, the parent company of Paytm, saw its shares debut at a 9.3% discount to its ₹2,150 IPO price and currently trades at ₹1,775.