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IPO frenzy cools down in November as subscription levels take a hit

Data from Prime Database shows that the average subscription level for mainboard IPOs in November fell to 1.9 times, a sharp decline from 16 times in October and 76 times in September.

December 03, 2024 / 14:18 IST
In November, while seven companies went public, the larger ones were Swiggy with an issue size of Rs 11,327 crore and NTPC Green Energy’s IPO totaling Rs 10,000 crore.
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