India’s unlisted market faces a stark reality check as major IPOs, including Tata Capital and HDB Financial Services, price significantly below their grey market valuations. This trend has severely dented investor sentiment, causing demand for popular unlisted stocks like NSE and Groww to dry up and their prices to fall. The divergence forces a re-evaluation of pre-IPO investment strategies.
Unlisted market faces reality check as major IPOs price below grey market levels
Categories:
Related Post
Next in line at the top of the WSJNext in line at the top of the WSJ
Lachlan Cartwright of Breaker reports on who is moving up in Wall Street Journal leadership. Cartwright reports that Journal deputy editor Charles Forelle has “had informal talks with Ben Smith at Semafor
Warehouse deal will create 50 new jobsWarehouse deal will create 50 new jobs
UK arm of Western International Group launches new distribution hub in Wolverhampton