The best and worst IPOs of 2024. And next year’s big 3.
Subscribe to enjoy similar stories. At every dinner party, celebration, and family get-together this year, there was at least one person boasting how much they earned on an IPO listing day. Indeed, IPOs are hot right now.
With companies like Bajaj Housing Finance, Gopal Snacks, and Hyundai Motors going public, the IPO scene in 2024 has been thrilling. Data available on Chittorgarh.com show 69 mainboard IPOs so far in 2024 raising a staggering ₹1.4 trillion. Investors eagerly lined up for these launches, captivated by the promise of listing gains and the chance to back established brands and high-growth stories.
But the IPO rush brought its share of ups and downs. Of these 69 debuts, 15 stocks listed at prices lower than their IPO price, reminding everyone that not all listings are a guaranteed win. As the year comes to an end, it’s time to take a look at the performance of these newly listed companies.
In this article, we’ll explore the best and worst IPOs of 2024 and take a brief look at three much-anticipated IPOs coming up next year. Before we delve deeper into the analysis, let’s take a quick look at the 5 best-performing IPOs of 2024. Now, let’s take a detailed look at this year’s top two best and worst IPOs in detail.
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