

Initial Public Offerings (IPOs) and Stock Market Performance

Anubhuti Mishra

Online

June 16, 2023
Expecting up to 35 per cent listing gain from the IKIO Lighting IPO, Anubhuti Mishra, Equity Research Analyst at Swastika Investmart said, Considering the overwhelming response the IKIO IPO received and its current grey market premium, we can expect an upside listing at around 30–35%, and the company's current performance and growth potential justify this gain. Secondly, its strong focus on R&D and backward integration, its well-established relationship with clients, and its consistent financial performance are also some reasons why this IPO is attracting such demand. Read more:
- IKIO Lighting IPO listing date today. GMP, stock market experts signal 'fancy' debut of shares - Mint
- IKIO Lighting IPO listing today: Should you expect any surprise as grey market premium corrects? - Business Today
- IKIO Lighting set for stellar debut today, Street sees 35% listing premium - CNBC TV18
- IKIO Lighting IPO | Expect strong listing, can book partial profits, say analysts - MoneyControl
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