Merchant banks’ report card: Whose IPO clients outclassed Sensex after listing?

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Credit: Mukul Mudgal/VCCircle

The equity capital market units of investment banks in the country are on a roll, thanks to a flood of initial public offerings (IPOs) leveraging global liquidity and positive investor sentiment.However, not all companies have had a great run in the market following their listing. In a rigorous study, VCCircle ......

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