Half of 2016 has already passed and Indian Initial Public Offerings (IPOs) are in full swing.

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As per the data available, Indian companies have raised nearly Rs 6,744 crore via IPOs during January-May. Till now, 11 companies have entered the equity market with diversified sectors like healthcare, IT, FMCG, Pharma, etc.

In 2015, the capital raised by companies through IPOs jumped by over nine times. Rs 13,800 crore was raised compared to the Rs 1,460 crore raised in 2014.

Here are top 5 successful IPOs returns in half of 2016:

Ujjivan Financial Services: Micro-finance Services major, Ujjivan Financial provides collateral free, small ticket-size loans to economically weak women. 

Presently, the price of a share jumped to Rs 426 in one month, giving 103.14% of profit.

Equitas Holdings Ltd: Financial Services provider, Equitas Holdings offers services to low income group and economically weaker individuals to operate small businesses. Last week, the company received license from the Reserve Bank of India's (RBI's) to launch a Small Finance Bank, which is expected to start operations within next three-four months.

Presently, the price of the share is Rs 187.8, giving 70.73% of profit.

Infibeam Inc: E-commerce company, Infibeam Incorporation, focuses on developing an integrated and synergistic e-commerce business model. 

Currently, the share of the company trading at Rs 698.75 giving 61.75% of profit.

Parag Milk Foods: Dairy-based products manufacturer, Parag Milk Foods gives direct competition to Amul and Britannia.

Though the company reported flat net profit at Rs 16.09 crore for the quarter ended in March 2016 as against Rs 16.08 crore in the year-ago period.

The current price of a share is Rs 302.25 with Rs 40.58% of profit in one month.

Mahanagar Gas Ltd: Joint venture of GAIL and British Gas, Mahanagar Gas is a sole authorized distributor of CNG and piped natural gas in Mumbai and near-by areas.

Last week, on its first day of listing, the company made its debut at Rs 540 a share, up 28% over the premium price of Rs 421 a share.

Presently, the price of a share is Rs 517, giving profit of 22.92% in just one week.

Quess Corp Ltd: The IPO received bids for 1,02,43,65,600 shares as against the total issue size of 70,96,774 shares, reflecting 144.34 times over-subscription. This was the most oversubscribed in 9 years, said NSE data

Company's Name Listing Date Issue Price (Rs) Current Price (Rs) Profit (%)
Ujjivan Financial May 10, 2016 210 426 103.14
Equitas Holdings April 21, 2016 110 187.8 70.73
Infibeam Incorporate April 4, 2016 432 698.75 61.75
Parag Milk Foods May 19, 2016 215 302.25 40.58
Mahanagar Gas July 1, 2016 421 517 22.92