The year 2021 was a remarkable year for the public issue segment, as 15 public issues out of 63 initial public offerings (IPOs) listed on Indian exchanges turned out to be a multibagger IPO giving returns of up to 300 per cent to their investors. Interestingly, out of these 15 multibagger public offerings, 11 were of smaller sizes ranging from Rs 100 to Rs 600 crore.
Here’s the list of top 5 multibagger IPOs of 2021:
1- Nureca IPO: The healthcare and wellness products distributor company’s 100 crore public issue came in the primary market in February with a price band of Rs 396 to Rs 400 per equity share. Nureca Shares are listed on BSE at Rs 634.95 and NSE at Rs 615 and Nureca Share Price is today Rs 1999 per share on NSE.
Hence, the share price of Neureca has risen by over 300 per cent post listing and has given nearly 400 per cent return to its investors, as the upper price band of the public issue was Rs 400.
2- Paras Defence And Space Technologies IPO: Shares of Defense and Space Technologies were listed on Indian exchanges on 1 October 2021 at Rs 475 on BSE and Rs 469 on NSE, while its issue price ranged from Rs 165 to Rs 175 per equity share. The Rs 170.78 crore public issue has been giving excellent returns to its investors ever since it entered the primary market.
Defense stock closed at Rs 744.50 per share on NSE. The stock has been under selling pressure after hitting an all-time high of Rs 1,258.20 per share.
3- MTAR Technologies IPO: The public issue of the leading national player in the engineering industry came in the primary market in March 2021 at a price band of Rs 574 to Rs 575 per equity share. The public offering of Rs 596.41 crore opened at Rs 1,063.90 on BSE and Rs 1,050 per equity share on NSE.
IPO market set record multibagger in 2021, know what could happen in 2022
The share price of MTAR Technologies closed at Rs 2461 on NSE on 31st December 2021, which is almost 150 per cent higher than its listing price, while its share price is 4.28 times higher than the upper price band of Rs 175 per equity share.
4- Laxmi Organic Industries IPO: The public issue of the specialty chemical manufacturer company came in the primary market in March 2021 at a price band of Rs 129 to Rs 130 per equity share. Shares of Lakshmi Organic are listed on BSE at Rs 156.20, while it is listed on NSE at Rs 155.50 per share.
Lakshmi Organic share price today is Rs 431.25 per share on NSE, almost 200 per cent of its listing price and around 3.30 times its upper price band of Rs 130 per equity share.
5- Easy Trip Planners nor EaseMyTrip IPO: The public issue of the second largest online travel agency in India in terms of gross revenue hit a price band of Rs 186 to Rs 187 per equity share in the Indian primary market in March 2021.
The public issue of Rs 510 crore is listed on BSE at Rs 206, while it is listed on NSE at Rs 212.25 per share. The share price of EaseMyTrip today stands at Rs 538.50, which is around 2.60 times its listing price, while it is 2.90 times its issue price.
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