All that's glittering now is Gold only; as once favored IPO's have taken back seat, Here's why...

As gold prices surge to $2,900, up 11% in 2025, India's once-hot IPO market is facing a chill. Recent IPOs like Stallion India Fluorochemicals have plummeted 39.16% below listing price, while grey market premiums plunge due to weak post-listing performance and cautious investor sentiment. In contrast, gold ETFs saw record inflows of ₹37.5 billion in January. This shift reflects growing economic uncertainty, with investors seeking safe havens amid market volatility. Despite the IPO slowdown, the pipeline remains robust with 44 SEBI-approved offerings set to raise ₹66,095 crore, signaling potential for a market rebound.

 

Sources: Economic Times, Business Standard, Financial Express