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IPOs stay above issue price; 65% new entrants give robust returns

The primary market emerged as a money spinner for investors in 2017-18, with 65% of the newly listed companies trading well above their issue prices, giving returns of up to three times.


12 new IPOs to come up in June-quarter, analysts remain positive

 After raising Rs 843.57 billion through initial public offers (IPOs) in 2017-18 (FY18), at least 12 companies are planning to garner Rs 170 billion through IPOs over the next two months, reports say, with some of the prominent ones being HDFC Asset Management.


Lemon Tree Hotels makes decent debut; lists 10% premium over issue price

Lemon Tree Hotels has made a decent debut by listing at Rs 61.60, a 10% premium against issue price of Rs 56 on the BSE and the National Stock Exchange (NSE).At 10:01 am; the stock was trading 9% higher at Rs 60.80 on the BSE.


Sandhar Techno makes decent debut; lists 4% higher from issue price

Sandhar Technologies has made a decent debut by listing at Rs 346, 4% higher against its issue price of Rs 332 per share on the National Stock Exchange (NSE).


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