New Delhi, Oct 14 (UNI) Smaller initial public offerings (IPOs) have delivered stronger listing-day

New Delhi, Oct 14 (UNI) Smaller initial public offerings (IPOs) have delivered stronger listing-day gains than larger issues in 2026, reflecting investor appetite for smaller companies even as concerns over the sustainability of market valuations persist, according to a report by Kotak Institutional Equities. The brokerage's report, titled 'Two Markets, One Crowd', found that small IPOs generated weighted-average listing gains of 17 per cent so far this year. The corresponding returns stood at 13 per cent for mid-sized offerings and 4 per cent for large IPOs, highlighting the widening gap in post-listing performance across issue sizes. The preference for smaller…