Quick Summary
- An Initial Public Offering or IPO is when a company release shares to the public for the first time.
- Latent View Analytics Ltd, Paras Defence & Salasar Techno Engineering Ltd are the top 3 most successful IPOs.
- Benefits of investing in IPOs includes Profit Potential, Liquidity, Market Visibility etc.
Table of Contents
An Initial Public Offering (IPO) is when a company releases its shares to the public for the first time. It’s the take-off point for small companies to get the resources they need to grow. Here, we’ll take a look at the most successful IPOs in India and what made them so remarkable!
We’ll take you through the basics of understanding an IPO. And why they’re so important to businesses and investors. You’ll learn about the highest listing gain IPO in India and the factors that led to it. So let’s dive into the amazing world of India’s IPOs.
Put on your investor’s hat, because it’s time to learn about the most successful IPO in India!
The Top 5 IPOs in India
The top 5 highest listing IPOs gain In India and the reasons behind their popularity. Here are the Top 5 most successful IPOs in India in terms of listing gains:
| Stock | Offer Price | Listing Day Price | Gains (%) | Date | Times Over-subscribed | |
| 1 | Sigachi Industries Limited | 163 | 603.75 | 270.40 | Nov 15, 2021 | 101.91 |
| 2 | Paras Defence And Space Technologies Limited | 175 | 498.75 | 185.00 | Oct 01, 2021 | 304.26 |
| 3 | Religare Enterprises Limited | 185 | 521.70 | 182.00 | Nov 21, 2007 | 160.56 |
| 4 | Vishal Retail Limited | 270 | 752.20 | 178.59 | Jul 04, 2007 | 69.08 |
| 5 | Aishwarya Telecom Limited | 35 | 90.85 | 159.57 | May 07, 2008 | 20.00 |
1. Sigachi Industries Limited
- Reputation for quality service and product range.
- Focus on R&D and its experienced management team.
- Their strong relationships with customers in different industry verticals.
2. Paras Defence And Space Technologies Limited
- Wide range of products and solutions offerings for defense and space applications.
- Strong alignment with the government’s initiatives “Make in India” and “Atmanirbhar Bharat”.
- R&D capabilities and experienced management.
3. Religare Enterprises Limited
- Extensive reach and wide range of services.
- Strong financials enabled through a strong network of subsidiaries.
- The unique Latin name resonated and established an image of trustworthiness.
4. Vishal Retail Ltd
- Experienced management team, market penetration, and strong financial performance.
- Company’s increasing sales and profit in five years.
5. Aishwarya Telecom Limited
- Sound business plans and established brand presence with a large customer base.
- Experienced and dedicated management.
- Presence in multiple international markets and versatile product range.
Top 5 Most Subscribed IPOs in India and the Factors that Led to It
Here is a list of the Top 5 most successful IPOs in India based on subscription:
| Stock | Offer Price | Listing Day Price | Gains (%) | Date | Times Over-subscribed | |
| 1 | Latent View Analytics Limited | 197 | 488.60 | 148.02 | Nov 23, 2021 | 326.49 |
| 2 | Paras Defence And Space Technologies Limited | 175 | 498.75 | 185.00 | Oct 01, 2021 | 304.26 |
| 3 | Salasar Techno Engineering Ltd | 108 | 259.15 | 139.95 | Jul 25, 2017 | 273.05 |
| 4 | Apollo Micro Systems Limited | 275 | 454.10 | 65.13 | Jan 22, 2018 | 248.51 |
| 5 | Astron Paper & Board Mill Ltd | 50 | 119.70 | 139.40 | Dec 29, 2017 | 241.75 |
1. Latent View Analytics Limited
- Expertise in the entire data analytics value chain.
- Success in providing services to several Fortune 500 companies.
- Focus on AI/ML algorithms for digital analytics implementations.
2. Paras Defence And Space Technologies Limited
- Range of products and solutions for defense and space applications.
- Alignment with India’s ‘Atmanirbhar Bharat’ and ‘Make in India’ initiatives.
- Strong research and development capabilities.
- Strong customer relations and management team.
3. Salasar Techno Engineering Ltd
- A solid history of growth and a relatively low share price.
- Impressive product portfolio.
- Successful track record in executing global EPC projects.
4. Apollo Micro Systems Limited
- Strong fundamentals and long-term partnerships with influential industry players.
- Ability to meet the requirements for mission and
- Time-critical solutions for Defense, Space, and Home Land Security.
- Manufacturing facility located in Hyderabad.
5. Astron Paper & Board Mill Ltd
- Strong track record in the market.
- Modern manufacturing facility and ISO certifications.
- Access to sustainable resources.
- Attractive subscription bonuses.
Benefits of Investing in an IPO
Investors can derive several potential benefits from participating in an Initial Public Offering (IPO). Here are some of the key advantages:
1. Profit Potential
If the company’s stock price increases after the IPO, investors who bought shares at the offering price can sell them at a profit on the open market. This capital gain potential is one of the primary attractions for IPO investors.
2. Access to Early Stage Opportunities
IPOs allow investors to get in on the ground floor of a company’s public trading journey. This can provide an opportunity to invest in promising companies with significant growth potential before they become widely known.
3. Liquidity
For existing shareholders of the company, such as founders, employees, or early investors, going public provides an avenue to sell their shares and convert their ownership into liquid assets. This liquidity can be valuable, especially for individuals who may have been holding onto their shares in a private company for an extended period.
4. Portfolio Diversification
Including IPOs in an investment portfolio can contribute to diversification. Investing in a range of assets, including companies at different stages of development, can help spread risk and potentially enhance overall portfolio performance.
5. Market Visibility and Transparency
Once a company goes public, it becomes subject to regulatory requirements that mandate regular financial reporting and disclosure. This increased transparency can provide investors with more information about the company’s financial health, operations, and plans, aiding in more informed investment decisions.
Best IPOs to Invest
Few companies have what it takes to become the most successful IPO in India. Here are some of the best IPOs to invest in 2024:
1. OYO Rooms
- Since its launch in 2013, OYO Rooms has become a leading player in the hospitality services space.
- Now the company is taking a big step forward with its Rs. 8,430 crore IPO. It includes an Rs. 7,000 crore primary offering and a Rs. 1,430 crore secondary offering from existing investors and shareholders.
- With this move, OYO is sure to take the digital hospitality services industry to the next level.
2. Droom
- Droom, the leading online automobile marketplace, is gearing up to go public in 2024.
- It recently filed with SEBI for a Rs. 3,000 crore offer. It features a fresh share issue of Rs. 2,000 crores and an OFS of Rs. 1000 crores.
- The proceeds will be put toward organic and inorganic growth initiatives, general corporate expenses, and other exciting new projects.
3. MobiKwik
- MobiKwik is one of the leading digital payment platforms in India.
- The IPO announcement was made in July 2021.
- It indicates that the IPO will consist of Rs. 1,500 crores in the form of a fresh equity share issue.
- As well as an offer for the sale of Rs. 400 crores from selected promoters and shareholders.
4. Snapdeal
- Snapdeal is set to make waves with its highly anticipated initial public offering (IPO) worth Rs. 1,250 Crores.
- This offering will provide existing shareholders and investors with an opportunity to sell their shares.
- It’s sure to be a momentous occasion for the e-commerce giant, and a major moment in Indian history.
5. Ola
- In 2024, Indian tech start-up Ola is expected to go public with an impressive issue size of Rs. 15,000 crores.
- Ola recently wrapped up its pre-IPO funding round, so get your investor hats on and start preparing your portfolio!
IPO Performance in India
Companies launch IPOs even during times when the stock market is experiencing a downturn. Let’s dive deeper into this and explore the historical performance of some of the most successful IPOs in India:
- Back in 1977, Reliance made history by becoming the first-ever Indian company to go public. They held an IPO, and it proved to be an absolute success. To this day, it remains one of the most successful IPOs in India. This happened even before the formation of the SEBI.
- The 2008 crash was not enough to stop Indian companies from launching their IPOs. V-Guard Industries launched theirs on 13th March 2008. It was oversubscribed by 4 times!
- The Indian retail investor scene exploded during the lockdown in 2020. The public was eager to get in on the action. The raging success of finance-themed films only served to ignite the public’s interest further. A staggering 1.5 Crores of Demat accounts were opened. Many companies launched their IPOs as amateur investors poured money without any research.
- Around mid-2022, the pandemic became a thing of the past. But not much had changed in the IPO scene. Although some retailers have opted to do their due diligence before investing, many are still throwing their money in without doing any research. This is evidenced by the LIC IPO being undersubscribed while Adani Wilmar soared to great heights.
Analysis of the Trends in IPO Performance Over Time
Let’s look at the trends in some of the most successful IPOs in India over time:
1. Manipulation:
Stock market manipulation does exist and can greatly influence IPO outcomes. Take the example of a well-known firm whose IPO fizzles while a barely-known newcomer is a runaway success. As always, the core investors are looking for that one loophole that can secure them a way out from a failing or unprofitable business. All that to say, it pays to stay informed!
2. Speculation:
Don’t let the market take advantage of your lack of research – be sure to bring your wits and savvy before any investing approach. Don’t speculate; take a more methodical approach. Knowledge is key to helping you succeed in the stock market.
3. Growing Interest:
The stock market has become the talk of the town! With the surge of new investor interest, more and more people are turning to IPOs and stocks as a way to invest their money.
4. Fundamentals:
Doing your financial analysis is still just as important as ever. But with more and more people doing it, it’s necessary to take things a step further. Go beyond the basics. Delving into management, news, new investors, and big-player activity will give you an edge over the competition. In short, do your homework – but don’t forget to explore outside of the fundamentals too.
The Unparalleled Success of India’s Most Successful IPO
The IPO performance in India has been nothing short of amazing. There have been some spectacular IPOs that have returned tremendous profits to investors. The current banking and securities regulations have made it easier for companies to go public in India.
It’s important to remember that while there are some of the most successful IPO in India, there are just as many that are not. It is crucial to do thorough due diligence before investing in a new company. Factors such as market conditions, company fundamentals, and timing should all be taken into consideration.
Overall, the potential for success for IPOs in India is strong, which makes it an attractive investment option. Investors who understand the basics of the IPO process and are willing to take the risk can stand to benefit from the rewards. Investors should take their time and carefully research before choosing the best IPO to invest in.
Innovative, low-investment ideas for the hidden entrepreneur in you! Explore our guide on Business Ideas.
Conclusion
One of India’s standout IPOs is Sigachi Industries, which delivered an impressive listing gain of 270.4% for its investors. Other significant IPOs, such as Tata Technologies and Paras Defence and Space Technologies, also experienced notable listing gains. These offerings have showcased strong financial results and high demand from investors, marking them as exceptional successes in the Indian market. Such successful IPOs not only provide considerable returns to investors but also highlight the substantial growth potential of the companies behind them.
Frequently Asked Questions (FAQ’s)
What are some of the factors that contribute to a successful IPO?
To become one of the most successful IPOs in India, a company requires a strong financial performance, a clear market need for the company’s product, a well-known management team, and reputable underwriter. Its important for the company to demonstrate transparency when communicating with investors.
What are some of the risks associated with investing in an IPO?
Investing in an IPO can be risky.
1. There is often a lack of an established track record for the company.
2. There may be a lack of liquidity for the stock, as well as unexpected volatility in price.
3. Furthermore, there may be incomplete information regarding the company or its prospects.
What are the benefits of investing in an IPO?
Investing in an IPO has its benefits. It provides early access to a company with significant growth potential, the possibility of higher returns, and listing gains. Investing in an IPO also gives investors the chance to be part of companies that have good past performance. IPOs allow investors to buy shares in a budding company and potentially profit from its future success.
Which IPO has given the highest returns?
Latent View Analytics Limited, Paras Defence And Space Technologies Limited, Salasar Techno Engineering Ltd, Apollo Micro Systems Limited and Astron Paper & Board Mill Ltd are the best IPOs with highest returns.
What is the most successful IPO of all time?
Latent View Analytics Limited, Paras Defence And Space Technologies Limited, Salasar Techno Engineering Ltd, Apollo Micro Systems Limited and Astron Paper & Board Mill Ltd are the most successful IPO of all time.
Which is the most profitable IPO in India?
The most profitable IPO in India by listing gains is Sigachi Industries, which saw a remarkable increase of 270.4% on its listing day. This was followed by Vibhor Steel Tubes with a 192.72% gain. These IPOs have set records for their impressive returns.
Which was the biggest IPO of India?
The biggest IPO in India to date is the Life Insurance Corporation of India (LIC), which raised ₹21,008 crore in May 2022. The shares debuted at ₹904 per share, slightly below the issue price of ₹948. This IPO surpassed all previous records in the Indian market.
Which IPO is best to buy in India?
The best IPO to buy in India depends on current market conditions and individual investment goals. As of now, C2C Advanced Systems and Enviro Infra are highly recommended due to their strong performance and growth potential. Always research thoroughly and consider consulting a financial advisor before investing.
What is the record of IPO in India?
India’s record for the largest IPO is held by the Life Insurance Corporation of India (LIC), which raised ₹21,008 crore in May 2022. The most profitable IPO by listing gains is Sigachi Industries, with a 270.4% increase on its debut. India also saw a significant surge in IPOs in 2023, leading globally in the number of IPOs.
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