This year - IPO fundraise has picked up pace with 60 companies listing so far and raising ₹63,985 crore (+29% over 2023). 📄SEBI's report on Investor Behaviour in IPOs is an interesting reveal - - High Flipping Rate: Overall around 54% of IPO shares are sold in <1 week (~42% of retail investors and ~64% of HNIs and corporates sell in a week) - Institutional Behaviour: 1). Mutual funds held IPO shares longer, selling only 3.3% of their allotted value within a week. 2). Banks sold the most - 79.8% during the same period. -Geographical Concentration: 39.3% of retail IPO investors were from Gujarat, followed by Maharashtra (13.5%) and Rajasthan (10.5%). ⏭️With likely IPOS from --> Swiggy(₹11,000 Cr) and Hyundai(₹25,000 Cr), this year should soon be a record year!
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