Year Ender 2023: This year there was a buzz about IPOs in the market, from Tata Tech to JSW investors made bumper profits.
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Year Ender 2023: The year 2023 was full of records in the Indian stock market. Sensex has crossed 71 thousand for the first time. Whereas, Nifty also made a record and crossed 21 thousand. This year there was a lot of enthusiasm among investors regarding IPO. A total of 105 IPOs were listed on BSE this year in the primary market. Of these, 48 are mainboard IPOs. 90 out of 105 listed on the index IPO Trending above its issue price. Let us know about such IPOs which have given bumper profits to investors this year.
Tata Technologies
Tata Group’s first initial public offering (IPO) in two decades had created a lot of buzz even before it opened for subscription. The IPO finally opened on 22 November and closed on 24 November. It was subscribed 69.43 times on the last day. The IPO was finally listed on 30 November. In a stellar debut, Tata Technologies shares started trading at ₹1,200 on the National Stock Exchange (NSE) and ₹1,199 on the Bombay Stock Exchange (BSE), a 140 per cent premium. Initial public offering price band.
Indian Renewable Energy Development Agency (IREDA)
Indian Renewable Energy Development Agency (IREDA) had made a dream debut in the stock market on 29 November. It ended that day with a premium of 87.5 per cent over the issue price of ₹32. IREDA stock was listed at ₹50, 56.25 per cent above the issue price, on both the BSE and NSE. During the day, it rose 87.46 percent to ₹59.99 on BSE. On NSE, the stock closed at Rs 60, up 87.5 per cent.
Netweb Technologies India
Delhi-based high-end computing solutions provider NetWeb Technologies India was listed on the stock exchange at 89.4 percent more than the issue price. According to Livemint report, the company’s shares were listed on BSE at ₹942.5 per share against the issue price of ₹500.
Senco Gold
The shares of Senco Gold Limited were listed in the stock market on 14 July. The stock was listed on the NSE at ₹430 per share, which is 35.6 per cent higher than the IPO price of ₹317. The shares were listed at ₹431 per piece on BSE.
JSW Infrastructure
Shares of JSW Infrastructure made a notable debut in the market on October 3. The shares ended the day with a premium of over 32 per cent against the issue price of ₹119. The stock made its debut at ₹143, jumping 20.16 per cent from the issue price on BSE. It closed at ₹157.30, up 32.18 percent. It was listed on NSE at ₹143. The company’s shares closed at ₹157.30, up 32.18 percent.
Blue Jet Healthcare
Blue Jet Healthcare’s IPO was subscribed 7.95 times on the last day of subscription. Shares of this pharmaceutical ingredients maker had made a strong debut on the stock market on November 1, ending the first day with a premium of over 19 per cent over the issue price of ₹346. On NSE, the company’s shares were listed at ₹380, up 9.82 per cent from the issue price. During the day it rose 20.79 percent to ₹417.95 and closed at ₹413.25 with a rise of 19.43 percent.
Honasa Consumer Care (Mamaartha)
Shares of Honasa Consumer Ltd, owner of new-age FMCG brands like Mamaearth and The Derma Company, ended 4 per cent higher against the issue price of ₹324 in early trade on November 7. The stock started trading at ₹330 on NSE with a gain of 1.85 percent. During the day, it reached a high of ₹340.45 and a low of ₹321.10. The company’s shares ultimately closed at ₹337.10 with a gain of 4 percent.
flair writing
Shares of pen maker Flair Writing Industries made a stellar debut and ended with a premium of nearly 49 per cent over the issue price of ₹304 on December 1. The stock opened at ₹503 on BSE, registering a jump of 65.45 percent. During the day, it rose 69 percent to ₹514. Shares of the company closed at ₹452.70 with a gain of 48.91 percent.
travel online
Yatra Online listed on September 28 and ended with a discount of over 4 per cent against the issue price of ₹142. The stock made its debut at ₹130, registering a decline of 8.45 per cent from the issue price on BSE. It fell 10.28 percent to ₹127.40 during the day. The company’s shares ultimately closed at ₹135.95, down 4.26 percent. On NSE, shares of the company started trading at ₹127.50, registering a decline of 10.21 per cent. Later it closed at ₹136 per piece with a fall of 4.22 percent.
cello world
Shares of home products and stationery maker Cello World Ltd were listed with a premium of over 28 per cent against the issue price of ₹648. The stock made its debut at ₹831, up 28.24 per cent from the issue price on BSE. It increased by 28.81 percent to reach ₹834.70. On NSE, it listed at ₹829, a jump of 27.93 per cent.
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