18 IPOs that gave multibagger returns in 2022 were below-the-radar SME stocks
Data also shows that the current share prices of at least 28 stocks were trading below the offer price with losses going up to 55%. The Rs 8.5 crore IPO of Silver Pearl Hospitality has been the worst performer, followed by Global Longlife Hospital, Fone4 Communications and Bhatia Colour Chem.
