3
Investors in initial public offerings (IPOs) of new-age tech companies have earned just 36% average returns, and only 32% of those who invested after listing have made gains, according to a report by advisory firm Client Associates.
Titled The New-Age IPO Performance Analysis, the report examined 25 new-age tech IPOs launched between May 2020 and June 2025 across sectors including fintech, logistics, consumer internet, and software-as-a-service (SaaS). It assessed investor returns at three stages, pre-IPO, IPO, and post-IPO, using the BSE 500 as a…
