South Korea’s Elice shares jump 30% after weak IPO debut, offering relief to retail investors
Indian markets moved higher in an ipo & listings development with October 21 in focus.
· LiveMint Markets
Elice shares rebounded 30% on October 21 after plunging as much as 32% during their weak Kosdaq debut. The South Korean data centre firm raised about $150 million in an IPO heavily oversubscribed by retail investors, amid broader concerns over AI spending and higher interest rates.
Key facts
- Dates in focus
- October 21
The analysis
Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
Related coverage
No. 2 on Day 1: How Jio Platforms broke India’s market cap hierarchy on debut itself
Dean of valuation Aswath Damodaran pegs Anthropic's worth at $1.475 trillion ahead of mega IPO
Atomberg Technologies IPO: Smart Fan-Maker Gets SEBI Nod For IPO, Plans Rs 450 Crore Fresh Issue
After IPO listing, Jio Platforms Q2 results 2026 announced: Check ARPU, profit, revenue, EBITDA, Subscriber Base details
GAIL Q2 Results: Profit zooms 139% YoY to Rs 4,720 crore, revenue rises 33%; board approves GAIL Gas IPO