IPOs Valuations

Volatility in the secondary market against the backdrop of US Fed rate hike and global crisis made IPOs of LIC and Delhivery trim their sizes. Will more companies follow suit in the choppy markets?

Profitability may 'remain elusive for a long time', says brokerage about digital payments company.

Laxmi Goldorna House Ltd, Nirmitee Robotics India Ltd, Billwin Industries Ltd and DJ Mediapoint & Logistics Ltd came out with their IPOs during the June quarter

Last month, Sebi decided to extend the validity by six-month for IPOs whose validity expire between March 1 and September 30.

After filing for an IPO, companies are allowed to revise their valuations by up to 20 per cent from initial expectations