YearEnder 2024: This year, shares of four companies on the mainboard i.e. BSE and NSE doubled the money of IPO investors on the day of listing. There are still a few listings left this year. However, according to the listings so far this year, this year is proving to be the best after 2021. In the year 2021, five companies – GR Infraprojects, Indigo Paints, Tatva Chintan Pharma Chem, Latent View Analytics and Paras Defense & Space Tech had more than doubled the money of IPO investors and one company – Sigachi Industries had more than tripled while in 2022 Not a single company could achieve such a feat. Last year in 2023, a company Tata Tech had increased the money of IPO investors by more than two and a half times on the first day.
This year these companies doubled their money on the day of listing
Shares of Vibhor Steel Tubes, which manufactures steel pipes and tubes and supplies them in the country and abroad, were listed at Rs 151 each in the domestic market on February 20 at a premium of about 181 per cent. At the end of the day, it closed at the upper circuit of Rs 442, that is, at the end of the first trading day, IPO investors made 193 percent profit. Currently it is at Rs 217.00. Its record high is Rs 442, which it touched on February 20 and last month on November 21, 2024, it came down to Rs 203.25, which is the record low after listing.
Shares of BLS e-Services were listed at Rs 135 on February 6 at a premium of about 129 per cent and at the end of the first day, IPO investors made 175 per cent profit as it closed at the upper circuit of Rs 370.75. Currently it is at Rs 205.30. It reached a record high of Rs 423 on February 7 and fell to a record low of Rs 198.10 after listing on October 25, 2024.
Bajaj Housing Finance, the housing company of Bajaj Group, had received record bids from investors. On September 17, its shares of Rs 70 were listed at a premium of about 114 per cent and at the end of the day closed at the upper circuit of Rs 164.99 i.e. about 136 per cent premium. Currently it is at Rs 126.30. It reached a record high of Rs 188.45 the next day of listing and a post-listing record low of Rs 125.05 a few days ago on December 19, 2024.
KRN Heat Exchanger and Refrigeration
Even in the collapsing market due to Israel-Iran war, shares of KRN Heat Exchange and Refrigeration worth Rs 220 were listed on October 3 at a premium of 118 per cent. On the day of listing, the share had closed at a price of Rs 478.45 i.e. a profit of 117.48 percent. After listing, it hit a record low of Rs 402.40 on October 7, from which it recovered and reached a record high of Rs 876 on December 6, about two weeks ago.
(All prices are from BSE)
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