India, Oct. 11 -- The July-September 2026 IPO market delivered a sharply divided performance, with some newly listed stocks generating multibagger returns while others suffered steep losses. Despite a broader market correction, the 59 companies that went public during the quarter recorded an average return of 36.46% from their issue prices to September 29. However, the average hides a wide gap between winners and losers, with seven stocks more than doubling while three lost over half their value. The contrasting performances of ESDS Software Solution and Waterways Leisure Tourism highlight how differently investors fared during the same IPO season.

A cohort that beat a weak market The listings debuted amid a broader market correction. B...