Outlook Business Desk
In 2024, Indian companies raised Rs 1.6 lakh crore through IPOs, with Vibhor Steel Tubes Ltd leading debut gains at 195.53 per cent. Here’s a look at the top 10 IPOs based on their impressive market performances
Vibhor Steel Tubes Ltd saw an impressive 195.53 per cent listing gain, with an offer price of Rs 151 and a closing price of Rs 446.25. The IPO was oversubscribed by 320.05 times, raising Rs 72.17 crore
BLS E-Services Ltd achieved a 171.11 per cent listing gain, with an offer price of Rs 135 and a listing price of Rs 366. The IPO was oversubscribed by 162.38 times, raising Rs 310.91 crore
Bajaj Housing Finance Ltd experienced a 135.71 per cent listing gain, with an offer price of Rs 70 and a listing price of Rs 165. The IPO was hugely oversubscribed, raising Rs 4.42 lakh crore, and took place on September 16, 2024
KRN Heat Exchanger and Refrigeration Ltd saw a 117.63 per cent listing gain, with an offer price of Rs 220 and a listing price of Rs 478.79. The IPO was oversubscribed by 213.41 times, raising Rs 341.95 crore
Unicommerce eSolutions Ltd recorded a 94.52 per cent listing gain, with an offer price of Rs 108 and a listing price of Rs 210. The IPO was oversubscribed by 168.35 times
One Mobikwik Systems Ltd saw a 90 per cent gain on its listing, with its offer price set at Rs 279 and listing price at Rs 531. The company raised Rs 572 crore through the IPO