2% return! D-St's billion-$ IPO curse to test SBI Funds
Synopsis India's large IPOs have shown mixed investor returns, with many billion-dollar offerings underperforming. SBI Funds Management's IPO will now test this trend with its
Synopsis India's large IPOs have shown mixed investor returns, with many billion-dollar offerings underperforming. SBI Funds Management's IPO will now test this trend with its strong financials.
Analysis shows eight of thirteen large IPOs are trading above their issue prices. However, several major offerings like New India Assurance have seen significant losses.
The success of SBI Funds Management's IPO hinges on future earnings growth supporting its valuation.
The BriefWire