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Daily Archives: June 29, 2022

No major IPOs in June due to decline in Sensex

After the LIC IPO, there were a large number of major IPOs in May like Venus Pipes & tubes, Delhivery, Emudhra, Ethos Ltd.,in May. However, after the share prices of LIC shares declined to a great extent, and the Sensex also fell in June 2022, there were no major IPOs in June 2022.
The LIC IPO was a a very large IPO and most investors invested their surplus funds in the IPO. Also the sensex fell to 51000 levels in June 2022, forcing companies to postpone their IPO

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