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Stock market crash: These IPOs listed with premium in FY24 are trading below their issue price

Mar 14, 2024 08:37 AM IST

Stock market crash: These IPOs listed with premium in FY24 are trading below their issue price

Stock market crash: One-third companies- mainboard and small and medium enterprises (SMEs)- listed in fiscal year 2024 with premiums are now trading below their issue price amid stock market crash. Data from the BSE showed that 73 Indian mainboard companies raised a total of over 60,000 crore in FY24 but twenty-six of these are trading below their offer price. These include IPOs like Credo Brands Marketing, EPACK Durable, Muthoot Microfin, Capital Small Finance Bankand GPT Healthcare.

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