SEBI Study: 54% of investors sell shares found in IPO in a week; 70% of people are from UP, Rajasthan, Gujarat
New Delhi| Due to the huge earnings in the initial public offering (IPO), 54 per cent of investors sell it in just a week. According to data from capital markets regulator SEBI, IPO shares offer huge profits at the time of listing. In such a situation, they take this opportunity and leave the market by selling shares. According to the Securities and Exchange Board of India (SEBI), data from 144 companies listed between April, 2021 and December, 2023 on stock exchanges shows that 54 per cent of investors have sold their shares within a week of listing. However, there are no anchor investors in it. Anchor investors are those who invest money as institutional investors the day before the IPO opens.
Non institutional investors sell 63.3 percent of shares in a week to make big money, says a study. While 42.7 per cent of retail investors follow suit and leave by selling shares.
Investors sell stocks even in losses
The report says that there are investors who sell shares even at the loss incurred at the time of listing. In value terms, 23 per cent of such investors have sold shares at a loss. There have been 67.6 per cent of investors who sold shares when the stock gave them more than 20 per cent returns. Mutual funds invest in IPO shares for the long term. In contrast banks sell stock faster. Mutual funds have sold only 3.3 per cent in a week of receiving shares. Whereas banks have sold 79.8 per cent during the same period.
70 per cent of investors from these four states
70 per cent of investors bidding in IPOs are from only four cities. These include Gujarat, Maharashtra, Rajasthan and Uttar Pradesh. Retail investors from Gujarat are allotted 39.3 piecedi shares in IPO. Investors from Maharashtra get 13.5 percent shares and investors from Rajasthan get 10.5 percent shares. Nearly half of the total demat accounts have been opened between April, 2021 to December, 2023.
Madhabi Puri Butch said – SIP of Rs 250 soon
The Rs 250 SIP facility will start soon, SEBI chief Madhabi Puri Butch said at an event on Monday. However, many fund houses offer the facility to buy SIPs even for small amounts like Rs 21 and Rs 100 at this time. Analysts say that now this facility can be mandatory in all schemes for all fund houses. In such a situation, investors can buy it on a large scale.
Draft IPO now in 16 languages
SEBI has taken another initiative to bring small and linguistic investors to the market and provide information in simple language. Now companies must brief drafts of IPOs in 15 to 16 languages. However, no date has been decided yet. This will give investors an opportunity to know about the companies in their own language. Currently, all documents are submitted only in English, which makes it difficult to understand the language of the IPO.