100 Days of 2023: IPO of these companies came this year, some made money, some became poor

This year also companies brought their IPO in the first 100 days. Let us know their details.

Starting in the year 2023, about 100 days are about to come. Since the beginning of this year, many important incidents have happened in the country's business sector as well. Bringing a company's own initial public offering ie IPO is a good earning opportunity for investors. This year also companies brought their IPO in the first 100 days. Let us know their details.

This company brought IPO in January

Sah Polymers IPO was brought in the first month of the year i.e. January. According to the BSE website, the company's IPO was listed on the stock market on January 12, 2023. According to experts related to the stock market, despite the high price of IPO of Sah Polymers, the response was better than expected. The company's debut in the stock market was good. The fundamentals of the company are also excellent. Abhay Doshi, founder of UnlistedArena.com, says that Sah Polymers' IPO has received a great response from investors despite the high price.

Sah Polymers is engaged in making plastic bags in the country. It is used in agro pesticides, medicine, cement, chemical, fertilizers, food products, clothes, tiles and steel industries. Its business is in Africa, Middle East, Europe, America, Australia and the Caribbean, including a total of 7 states in the country. The public offering price of this IPO was kept at Rs 415-436 per share.

Avalon Technology also came IPO

At the same time, Avalon Technology came with an IPO in April. The company will use the money raised from the IPO to pay off debt, raise funds for working capital and meet general corporate needs. The public offering price of this IPO is Rs 415-436 per share. You had only time till April 6 to invest in it. If you buy this in the meantime, you can earn well from it. Avalon Technology raised Rs 865 crore through this IPO.

According to Choice Broking, investing in this IPO was a profitable deal. At the same time, Reliance Securities had also told the right advice to invest in this IPO.