The year 2024 was very special for the Indian IPO market. A total of over 300 IPOs this year – including both SME and mainboard – raised around Rs 1.8 lakh crore. This figure is the biggest record till date. Earlier in 2021, the IPO market had raised Rs 1.3 lakh crore. This year’s IPO gave good opportunities to investors and shares of many companies gave excellent listing profits.
IPOs giving highest listing gain
Vibhor Steel Tubes IPO
The IPO of this company gave huge profits to the investors. Its shares were listed at a premium of more than 195%. The issue price was Rs 151, while the share debuted at Rs 446.25 on the exchange. However, later it fell from its high level and started trading at Rs 211.3. The IPO received a whopping 320 times subscription.
BLS e-Services IPO
The shares of this company gave a listing premium of more than 170% from the issue price of Rs 135. However, the stock declined after listing and is trading at Rs 199.7.
Mamta Machinery IPO
Mamta Machinery also gave excellent returns to the investors. Its shares were listed at Rs 630 from the issue price of Rs 243, which is a listing gain of 159%. At present, this share is trading at Rs 598.5.
Bajaj Housing Finance IPO
Bajaj Housing Finance also made a big entry. This IPO was issued at an issue price of Rs 70 and was listed at Rs 165. However, later this share fell to Rs 127.55.
KRN Heat Exchanger IPO
This company gave a listing profit of 118% to the investors. The issue price of the share was Rs 478.79, and it is trading at Rs 700.2 on the exchange.
IPOs listed below the issue price
Deepak Builders and Engineers IPO
Shares of this company were issued at the issue price of Rs 203, but it was listed at Rs 161.95. However, the stock improved and is trading at Rs 190.25.
JG Chemicals IPO
JG Chemicals’ shares were listed at a discount of 16% compared to the issue price of Rs 221. However, this share is now trading at Rs 402.35.
ACME Solar Holdings IPO
The issue price of ACME Solar was Rs 289, but it was listed at a discount of 12.4%. At present, this share is trading at Rs 232.05.
Jan Small Finance Bank IPO
Shares of this bank were listed at Rs 368.15 against the issue price of Rs 414. At present, this share is trading at Rs 411.65.
epac durables ipo
Shares of Epack Durables were listed at Rs 207.6 against the issue price of Rs 230. However, now the share is trading at Rs 524.5, which is 128% more than the issue price.
Disclaimer: (The information provided here is being provided for information only. It is important to note here that investment in the market is subject to market risks. Always seek expert advice before investing money as an investor. ABPLive.com does not advise anyone It is never advisable to invest money here.)
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