New IPO listings: Discount or premium? AceVector, Runwal, Orient, German Green Steel & Power - Check worst, best debut
AI Summary
The mixed performance of the recent IPOs highlights the volatility and investor sentiment in the current market. While Orient Cables' strong debut reflects robust demand in the networking and telecom sectors, the struggles of AceVector suggest caution for investors considering tech-related IPOs. This divergence may indicate a sector-specific trend where established players in high-growth industries outperform newer entrants, emphasizing the importance of thorough due diligence before investing in IPOs.
The four new IPOs delivered mixed listing performance on Monday, October 5, with Orient Cables share price emerging as the strongest debut, while AceVector shares recorded the weakest. Orient Cables shares surged 65.44% over the IPO price of ₹272 to list at ₹450 on the NSE, while the stock debuted at ₹448.10 on the BSE, a 64.74% premium.
German Green Steel & Power followed with a more modest 3% premium, listing at ₹142 on the NSE against its issue price of ₹139, while its BSE debut at ₹143.50 translated into a 3.24% premium. Runwal Enterprises had a largely flat listing, opening at ₹305 on the NSE, exactly at its IPO price, while its BSE debut at ₹306 represented a marginal 0.33% premium.
Original Article
Published on Livemint
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This is a market news update from Livemint, published on 05 October 2026.
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