IPO Frenzy Meets Reality: Nearly 50% of 2025 listings now trade below issue price – What went wrong?
IPOs in 2025: After a year marked by relentless IPO activity and record fundraising, India’s primary market is facing a sobering reality check. While 2025 will be remembered as one of the hottest years for IPOs, data shows that nearly 50% of companies that went public during the year are now trading below their issue…