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Top IPOs in 2022 Include Adani Wilmar and Venus Pipes, Rising More than 100%

Vinit Bolinjkar, Head of Research at Ventura Securities, stated that the expensive offerings were not well received by retail bidders and that the IPOs that left something on the table for investors achieved excellent results.

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Top IPOs in 2022 Include Adani Wilmar and Venus Pipes, Rising More than 100%

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  1. Search here ...  Top IPOs in 2022 Include Adani Wilmar and Venus Pipes, Rising More than 100%    Home - Markets - Top IPOs in 2022 Include Adani Wilmar and Venus Pipes, Rising More than 100%   Markets  January 2, 2023       

  2. The year’s top-performing issue was Adani Wilmar. The stock rose 163% for the year to Rs 605 from Rs 230 when it was 몭rst issued, as of Thursday (December 30, 2022).   With only a small number of 몭rms providing substantial gains, 2022 IPO investors had a mixed year. Only three of the thirty-two stocks that reached the Street were able to quadruple investor money over the course of the year.   According to AceEquity, out of the 40 몭rms that 몭led for IPOs this year, 36 companies were listed. Analysts said that the 몭rst half of the current calendar year was superior to the second.   They said that the majority of issues had positive listing returns, but they believed that businesses that would launch in 2023 would seek lower values.    The year’s top-performing issue was Adani Wilmar. By Thursday, the stock had increased 163% from its IPO price of Rs 230 to Rs 605. Between January 27 and January 31, 2022, the 몭rm owned by the Adani Group raised Rs 3,600 crore.   Hariom Pipe Industries, which has increased 134% over its issue price of Rs 153, came in second. Between March 30 and April 5, the company’s 몭rst public offering raised a little over Rs 130 crore. On Thursday (December 30, 2022), the scrip closed at Rs 357.35.   Conclusion    Venus Pipes & Tubes also became a multibagger on Thursday when the stock increased by 117% to Rs 707.55. By selling its shares for Rs 326 each between May 11 and 13, the business raised Rs 165.42 crore.   The FPO shares of Patanjali Foods increased by around 80% from their initial price, while Veranda Learning saw a return of up to 75%. The other top achievers for the year included Vedant Fashions, Prudent Corporate Services, Electronics Mart, Bikaji Foods, and Campus Activewear.   Investors were rewarded by the majority of IPOs, but the pro몭ts were unbalanced, according to Kranthi Bathini, the equity strategist at Wealthmills Securities.  

  3. They have a cautiously positive outlook for the primary markets in 2023 because, according to Bathini, values are projected to decline and become more reasonable for investors, particularly those who are investing in loss- making enterprises.   Other experts adopted a similar stance, noting that businesses had to aim for fair values that satisfy the needs of primary market investors.   Vinit Bolinjkar, Head of Research at Ventura Securities, stated that the expensive offerings were not well received by retail bidders and that the IPOs that left something on the table for investors achieved excellent results.    Investors are seeking gains, which may materialise if values are fair, he continued, adding that there is enough money for the major markets. Money will have worth, but the value must be put on the table.   You can share this post!         Previous article Wake몭t’s “Honest New Year Party rant” Exhorts People to Stay in  Next article  Jupiter, Receives a Rs. 25 Cr. Debt Round from Alteria Capital  Related Articles Leave a Reply Your email address will not be published. Required 몭elds are marked *

  4. Comment * Name * Email * POST COMMENT Search here ...  Latest Update RECENT POPULAR COMMON  January 2, 2023 Revenue for Wow Skin Science Increased to Rs. 340.4 Cr in FY22, But Losses Increased 15X   January 2, 2023 Sensex and Nifty Both Gain by 4% in 2022; What to Anticipate in 2023   January 2, 2023 Digital Kong Secures a Digital Contract with MMI Diplomatic in Dubai  

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  8.  January 2, 2023 Revenue for Wow Skin Science Increased to Rs. 340.4 Cr in FY22, But Losses Increased 15X   January 2, 2023 Sensex and Nifty Both Gain by 4% in 2022; What to Anticipate in 2023   January 2, 2023 Digital Kong Secures a Digital Contract with MMI Diplomatic in Dubai   Popular Categories Trending Post Campaigns Digital Media In A Seed Funding Round, Contlo Raises $3.5 Million   Fund Raising Marketing Markets Politics Startups Paytm Shares Decline By 3% As A Rs 850 Billion Repurchase Falls Short Of Investors’ Expectations  Bharat Krushi Seva Receives INR 43 Million in Startup Money from Renowned Investors 

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