September was a busy month for primary market investors with as many as 25 mainboard issues hitting Dalal Street but the majority of them failed to live up to the expectations of the investors. All these 25 IPOs cumulatively raised more than Rs 13303.43 crore from investors. However, only 18 of these 25 issues were listed in September 2025. Advertisement
The 18 listings of September delivered an average listing pop of little more than 6 per cent, with only seven issues listing at with a premium of 10 per cent over above. Interestingly, the same number of issues delivered flat to negative listing for the investors, while the remaining four were listed with mild single digit premiums.
Urban Company was the only exception, which delivered a listing pop of nearly 58 per cent. On the other h