The last 1 year has been of the IPO market. During this time many stocks were listed at high premium in the market. At the same time, many shares were listed at a sluggish or discount.
IPO Market Performance: Talk about the last 1 year, the IPO market has been booming in the market. Although companies have postponed the IPO in the era of Yes and Ukraine crisis, but still the last 1 year has been of the primary market. During this time many stocks were listed at high premium in the market. At the same time, many shares were listed at a sluggish or discount. However, there are some sluggishly listed stocks, which later got wings and since getting listed they have increased investors’ money up to 3 times compared to the issue price. We have given information here based on the performance from March 2021 to March 4, 2022.
Adani Wilmar
The shares of Adani Wilmar, the FMCG company of Adani Group, were listed on 08 February 2022. The company had fixed an upper price band of Rs 230 for the IPO. Whereas it was listed at Rs 274 and closed at Rs 265 with a gain of 15 per cent on the day of listing. However, the stock has now reached Rs 368, which is 60 percent more than the issue price.
Macrotech Developers
The stock listing of Macrotech Developers took place on 19 April 2021. The company had fixed an upper price band of Rs 486 for the IPO. Whereas it was listed at Rs 439 and closed at Rs 463, down 4 per cent on the day of listing. However, the stock has now reached Rs 1055, which is 117 percent more than the issue price.
Barbeque Nation
The share of Barbeque Nation was listed on the stock market on 7 April 2021. The company had fixed the issue price of Rs 500 in the IPO. Whereas after listing at Rs 492, the stock closed at Rs 590 on the day of listing. That is, an increase of 18 percent compared to the issue price. But now the share has reached Rs 1228, which is 146 percent more than the issue price.
Craftsman
The share of Barbeque Nation was listed on the stock market on 25 March 2021. The company had fixed the issue price of Rs 1490 in the IPO. Whereas after listing at Rs 1440, the stock closed at Rs 1433 on the day of listing. That is, with a decline of 4 percent in comparison to the issue price. But now the stock has reached Rs 2023, which is 36 percent more than the issue price.
Laxmi Organic
The share of Lakshmi Organic was listed on the stock market on 25 March 2021. The chemical company had fixed the issue price of Rs 130 in the IPO. Whereas after listing at Rs 173 the stock closed at Rs 165 on the day of listing. That is, an increase of 26 percent compared to the issue price. But now the share has reached Rs 414, which is 218 percent more than the issue price.
Anupam Rasayan
Anupam Rasayan’s stock was listed on 24 March 2021. The company had fixed an upper price band of Rs 555 for the IPO. Whereas it was listed at Rs 535 and closed at Rs 526 with a fall of 5 per cent on the day of listing. However, the stock has now reached Rs 828, which is 50 percent more than the issue price.
Easy Trip
The stock listing of Easy Trip took place on 19 March 2021. The company had fixed the upper price band for IPO at Rs 187. Whereas it was listed at Rs 182 and closed at Rs 104, down 44 per cent on the day of listing. However, the stock has now reached Rs 278, which is 49 percent more than the issue price.
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