03 Oct 2025 | 5 Mins Read
Weak IPO market despite strong demand in September
Flipitmoney
In September, 17 mainboard IPOs raised Rs 13,000 crore but delivered weak performance, with eight listing below issue price and eight offering muted gains. Eight listed below their issue price, while Urban Co Ltd was a bright spot with a 60% premium on debut. The SME segment saw unprecedented activity, with 53 IPOs raising Rs 2,309 crore, but performance was uneven.