Dull October listings hit unlisted shares as IPO-bound firms like Oyo, Groww, NSE slump up to 48% in two weeks – what went wrong?

Unlisted share prices of many companies planning IPOs have fallen sharply in October. This follows a dull period for new listings on the stock market. Some prominent firms have experienced significant drops in their unlisted share values. This trend has created uncertainty for investors in the pre-IPO market. Experts point to high valuations as a key reason for this correction.