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This Article is From Nov 17, 2022

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

IPO Bets Continue To Pay Off This Fiscal As Bikaji Foods, Global Health Rise On Debut
The IPO market seen a strong upsurge this year. (Photo: iStockphoto)
STOCKS IN THIS STORY
Bikaji Foods International Ltd
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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.

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