Indian IPO Market Sees Mixed Fortunes for Tech Giants Post-November Listings

Overview

November's IPO season featured several new-age tech companies, including Orkla India, Lenskart Solutions, Groww, Pine Labs, and PhysicsWallah. While many listed at a premium, investor sentiment has led to significant volatility, with prices correcting after initial gains. Analysts are closely watching long-term profitability and valuations.