This year, we have seen companies raised up to approximately 30,000 crores in total through the IPO’s that saw listing gains of about 50%.
Amidst the year market got mute due to the Covid-19 environment, hopefully, the activities got increased from the previous months.
There were top 5 IPO’s who gave listing gains of over 50%, and 2 of them got just doubled the share price as compared to their issue price in a single day.
(Data Source : ACE Equity)
The stock gained 1% to Rs. 138.40 against the issue price of Rs.60 as on Dec 14, 2020.
The stock gained 123% to Rs. 371.00 against the issue price of Rs.166 as on Sept 17, 2020.
The Stock gained 86% to Rs. 652.10 against the issue price of Rs. 350 as on Sept 21, 2020.
The stock gained 75% as to Rs.742.35 against of Rs. 42 as on July 23, 2020.
The stock gained 72% to Rs. 584.80 against of Rs.340 as on 1st Oct, 2020.
As 2020 is ending now we expect a better gaining in IPO's next year.
