IPO Bets Continue To Pay Off This Fiscal As Bikaji Foods, Global Health Rise On Debut

Bikaji Foods International Ltd. and Global Health Ltd. listed at a premium, continuing a good run for initial public offerings so far this fiscal.

Bikaji Foods was subscribed 26.7 times and and Global Health 9.58 times. They listed at a premium of 7% and 18.5%, respectively.

As many as 24 mainboard IPOs have raised Rs 46,300 crore in FY23 so far. Of these, 17 have returned gains since listing, while seven are in loss.