The Economic Times

7 out of last 8 mainboard IPOs delivered negative listing gains. What is going wrong with Indias IPO market?

Indias IPO market is showing signs of cooling, with seven of the last eight mainboard listings delivering negative debut gains. Weak broader markets, stretched valuations, and softer investor appetite have weighed on listing performance. Analysts say cautious sentiment and declining subscription levels suggest investors are becoming more selective about new public offerings.