Covid-19 Impact on IPO Market: Increased cases of corona virus are the party of IPO market SpoiledHave given This year, 17 new shares have been listed in the market so far. Out of these, 8 or 50 per cent shares are showing negative returns. That is, they are trading weaker than their issue price. In fact, due to the Corona crisis, the stock market has also fallen significantly from its record high, which has also seen the effect on the returns of the primary market. However the good thing is that 50 percent of the shares listed this year have given good returns to the investors. Some of these stocks are such, in which returns of 50 to 250 per cent have been received.
4000 points broken by record highs
Let me tell you that due to Corona virus crisis, there has been pressure on the market. In February, the Sensex made its all-time high, since then there has been more than 4000 points weakness in the index. On 16 February, the SENSEX closed at the level of 52517. While on 26 April it is 48,Closed at the level of 387. During this period, there has been a significant decline in many stocks. Its effect has also been shown on the new listed shares. Let us know that due to the craze of the primary market, companies have raised Rs 17000 crore this year through an IPO. Further, some companies are bringing their IPO.
IPOs offering negative returns this year
Among the new stocks that have given negative returns this year, Antony West, IRFC, Home First Finance, Easy Trip Planner, Craftsman Automation, Sunrise Small Finance Bank and Kalyan Jewelers.
Kalyan Jewelers
Listing date: 26 March 2021
Issue Price: Rs 87
Current Price: Rs 62
Returns: -29%
Suryoday Small Finance Bank
Listing date: 26 March 2021
Issue Price: Rs 305
Current Price: Rs 245
Returns: -20%
Craftsman Automation
Listing date: 25 March 2021
Issue Price: Rs 1490
Current Price: Rs 1301
Returns: -13%
Easy Trip Planner
Listing date: 19 March 2021
Issue Price: Rs 187
Current Price: Rs 183
Returns: -2%
Home first finance
Listing date: February 3, 2021
Issue Price: Rs 518
Current Price: Rs 470
Returns: -9%
IRFC
Listing date: January 29, 2021
Issue Price: Rs 26
Current Price: Rs 21
Returns: -18%
Antony west
Listing date: January 1, 2021
Issue Price: Rs 315
Current Price: Rs 281
Returns: -11%
But these shares earned
However, 9 out of 17 newly listed stocks have given positive returns and some of them have given 50 to 250 per cent returns. These are the new IPOs that have given the highest returns this year.
Indigo paint
Listing date: February 2, 2021
Issue Price: Rs 1490
Current Price: Rs 2333
Returns: 57%
Nureka
Listing date: February 25, 2021
Issue Price: Rs 400
Current Price: Rs 1411
Returns: 253%
MTAR Tech
Listing date: March 15, 2021
Issue Price: Rs 575
Current Price: Rs 948
Returns: 65%
View technology
Listing date: March 30, 2021
Issue Price: Rs 1101
Current Price: Rs 1683
Returns: 53%
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