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Entrants' rally fizzles out: IPOs listed since Sept down 20% from peak

Shares of Antony Waste, Mrs Bectors Food, Chemcon Speciality and Burger King are down about 40 per cent each

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Nazara Technologies | Suryoday Small Finance Bank | IPOs

Sundar Sethuraman  |  Mumbai 

IPO
Shares of 18 out of the 22 companies that listed since September 2020 are above their issue price. | Illustration: Ajay Mohanty

Some investors feeling lucky to get an allotment in a hot-selling initial public offering (IPO) could be holding on to their shares for returns later. They must consider revising their plans.

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First Published: Fri, March 19 2021. 18:14 IST
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