Year Ender 2021: IPOs that rocked markets with bumper listing
The IPO street has been abuzz since last year. Over 81 companies have been listed as of 19 December 2021 on the exchanges, out of which 56 IPOs boarded on the BSE main board and 25 IPOs on the BSE SME segment, according to BSE India.
The IPO street has been abuzz since last year. Over 81 companies have been listed as of 19 December 2021 on the exchanges, out of which 56 IPOs boarded on the BSE main board and 25 IPOs on the BSE SME segment, according to BSE India.
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A majority of these IPOs have given handsome returns to investors and only 5 out of the total IPOs launched this year, have generated negative returns, as per an IPO tracker report by brokerage Arihant Capital.
Initial Public Offering or IPO is the action by which unlisted companies mark their debut on the stock markets. This is the time when a company decides to raise money from the public through the stock exchanges. Many investors aim to buy shares of fairly valued companies during their IPOs.
The primary source of information in such a process is the DRHP or the Draft Red Herring Prospectus – a document which the company prepares detailing its financial position, day to day operations, risks and strengths and many more things that an investor may wish to know.
Here is a list of IPOs that rocked the market with their strong listings in 2021:
Source: Groww
Indigo Paints
Indigo Paints' Rs 1,170-crore initial share sale garnered an overwhelming response from investors and was subscribed 117 times on the final day of bidding. The listing of Indigo Paints took place on February 2 with a listing premium of 75%.
MTAR Technologies
MTAR Technologies initial public offering received a strong response and was subscribed more than 200 times. The listing of MTAR Technologies, the maker of nuclear, defence and aerospace equipment, fabrication facilities and fuel cells, took place on March 30 with a listing premium of 82-89%.
Nazara Technologies
Nazara Technologies IPO’s offer for sale was of up to 5,294,392 equity shares. The Issue size was Rs 582 –583 crore. The face value of the share is Rs 4 and the Employee Reservation is Equity Shares aggregating was up to Rs 2 crore. The price band was Rs 1100 –1101. The listing of Nazara Technologies took place on February 2 with a listing premium of 80%.
GR Infraprojects
The Initial Public Offering (IPO) of GR Infraprojects Limited (GRIL) opened on 7 July 2021. The public issue concluded on 9 July 2021. The price band of Rs 828 – Rs 837 per equity share of the face value of Rs 5 each. The listing of GR Infraprojects took place on 19th July 2021 with a listing premium of 104.9%.
Clear Science
The Initial Public Offering of Clear Science opened on the same day as GR Infra IPO. The Clean Science IPO received bids for 5,26,95,440 shares against 1,23,02,672 shares, The listing of Clear Science took place on 19th July 2021 with a listing premium of 95%.
Paras Defence
The initial public offer of Paras Defence and Space Technologies received a whopping 304.26 times subscription on the closing day. The finalisation of allotment has been done. The listing of Paras Defence took place on 1st October 2021. (IPO) includes a fresh issue of up to Rs 140.6 crore and an offer for sale of up to 17,24,490 equity shares.
Nykaa
Nykaa operator FSN E-Commerce Ventures IPO made a strong debut on bourses on November 10. Nykaa shares were listed on the Bombay Stock Exchange at Rs 2,001 per share while the Shares of Nykaa opened at a premium of 79% at Rs 2,018 per share on the NSE as against the issue price of Rs 1,125 per share.
Sigachi Industries
Sigachi Industries stocks made a bumper listing on the Bombay Stock Exchange on November 15. The shares of cellulose-based excipient manufacturers opened at a 252.76% premium. Sigachi Industries IPO started at Rs 575 per share on the BSE. The company fixed an issue price of Rs 163 per share.
Latent View Analytics
Latent View Analytics stocks were listed on BSE at 160% premium on November 23. Shares of analytics services providers were listed at Rs 530 per share against its issue price of Rs 197 per share. This was Rs 333 gain per share for those who got Latent View Analytic share allotment.
GoColors
GoColors made the bumper stock market debut on November 30. The stock was listed at around 90 per cent higher premium to Rs 1316 per share on the BSE and 1310 per share on the NSE as compared to Rs 690 per share issue price at the upper end.
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