India has witnessed several significant Initial Public Offerings (IPOs) in recent years. IPO is a process in which a private company offers their shares to the public market for the first time. In simple terms, it’s a process of when a private company turns into a public company. When a company releases their shares, investors can buy ownership stakes in the company. By going public, companies can raise capital to fund growth initiatives, expand operations, or pay off debts. Many companies play in crore by IPO. Nowadays, people are so attracted to the stock market. Many people like to invest in IPOs to make quick money on premium listings. If you are those who invest in the IPO share, then we bring a list of the top Most Successful IPOs in India.
Top Most Successful IPO Companies In India
1. Sigachi Industries Limited
- Offer Price(Rs): 163
- Listing Day – Close Price(Rs): 603.75
- Listing Day Gain/Loss (%): 270.40
- Listing Date: Nov 15, 2021
- Issue Size (Rs Cr): 125.43
- Total Subscription (Rs in Crores): 12782.63
- Oversubscribed (x): 101.91
Sigachi Industries Limited is a leading company for Microcrystalline Cellulose(MCC) in the pharmaceutical industry. It was established in 1989 and manufactures product grades from 15 microns to 250 microns. They manufacture and mark their products as Hicel and Accel brands. After introducing an IPO, they became huge. Now, the company manufactures 59 different grades of MCC in Hyderabad and Gujarat.
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2. Vibhor Steel Tubes Limited
- Offer Price(Rs): 151
- Listing Day – Close Price(Rs): 442.00
- Listing Day Gain/Loss (%): 192.72
- Listing Date: Feb 20, 2024
- Issue Size (Rs Cr): 72.17
- Total Subscription (Rs in Crores): 23097.88
- Oversubscribed (x): 320.05
Vibhor Steel Tubes Limited is a huge company that deals in the manufacturing, exporting and supplying of steel pipes and tubes around the world. They are famous in the heavy engineering industries of India. They were established in 2003 and control two manufacturing factories in Raigad, Maharashtra and Mahabubnagar (Dist.), Telangana. After the IPO was released, the company now has 640 permanent employees with a huge capital return.
3. Paras Defence And Space Technologies Limited
- Offer Price(Rs): 175
- Listing Day – Close Price(Rs): 498.75
- Listing Day Gain/Loss (%): 185.00
- Listing Date: Oct 01, 2021
- Issue Size (Rs Cr): 170.78
- Total Subscription (Rs in Crores): 51960.47
- Oversubscribed (x): 304.26
Paras Defence And Space Technologies Limited is a company that provides a variety of defence and space engineering products and solutions. They especially deal in the five major product categories – Defence & Space Optics, Defence Electronics, Heavy Engineering, Electromagnetic Pulse Protection Solutions, and Niche Technologies. Paras Defence and Space Technologies. This is the one company that provides products for the space program.
4. Religare Enterprises Limited
- Offer Price(Rs): 185
- Listing Day – Close Price(Rs): 521.70
- Listing Day Gain/Loss (%): 182.00
- Listing Date: Nov 21, 2007
- Issue Size (Rs Cr): 140.16
- Total Subscription (Rs in Crores): 22503.75
- Oversubscribed (x): 160.56
Religare Enterprises Limited provides financial services by Ranbaxy Laboratories Limited. They mainly provide services for major three categories – Retail, Wealth Management and the Institutional spectrum. It is a huge financial provider that is spread across more than 900 locations in India.
5. Vishal Retail Ltd
- Offer Price(Rs): 270
- Listing Day – Close Price(Rs): 752.20
- Listing Day Gain/Loss (%): 178.59
- Listing Date: Jul 04, 2007
- Issue Size (Rs Cr): 110.00
- Total Subscription (Rs in Crores): 7598.80
- Oversubscribed (x): 69.08
Vishal Retail Ltd is the one of leading retail houses in India. They are spread all over India. Vishal Retail controls about 51 showrooms in 39 cities in India. It is a very affordable house where everyone can buy fashionable products. The main manufacturing plant is situated in Gurgaon.
6. BLS E-Services Limited
- Offer Price(Rs): 135
- Listing Day – Close Price(Rs): 370.75
- Listing Day Gain/Loss (%): 174.63
- Listing Date: Feb 06, 2024
- Issue Size (Rs Cr): 310.91
- Total Subscription (Rs in Crores): 50484.75
- Oversubscribed (x): 162.38
BLS E-Services Limited is a digital service provider in India. They provide Business correspondence services to banks in India. Their services are divided into three parts Business Correspondents Services, Assisted E-services; and E-Governance Services.
7. Tata Technologies Limited
- Offer Price(Rs): 500
- Listing Day – Close Price(Rs): 1314.25
- Listing Day Gain/Loss (%): 162.85
- Listing Date: Nov 30, 2023
- Issue Size (Rs Cr): 3042.51
- Total Subscription (Rs in Crores): 211241.47
- Oversubscribed (x): 69.43
Tata Technologies Limited is a multinational company in India. They provide various product development and digital solutions to Original Equipment Manufacturers (OEMs). It was established in 1994 and deals in the all over the world.
8. Aishwarya Telecom Limited
- Offer Price(Rs): 35
- Listing Day – Close Price(Rs): 90.85
- Listing Day Gain/Loss (%): 159.57
- Listing Date: May 07, 2008
- Issue Size (Rs Cr): 14.00
- Total Subscription (Rs in Crores): 280.00
- Oversubscribed (x): 20.00
Aishwarya Telecom Limited is a leading manufacturer of Fiber Optic Test equipment and Cable Fault Locators. It was established in 1995.
9. Nitin Fire Protection Industries Ltd
- Offer Price(Rs): 190
- Listing Day – Close Price(Rs): 484.10
- Listing Day Gain/Loss (%): 154.79
- Listing Date: Jun 05, 2007
- Issue Size (Rs Cr): 64.41
- Total Subscription (Rs in Crores): 3122.60
- Oversubscribed (x): 48.48
Nitin Fire Protection Industries Ltd is a company that deals in Fire Protection, Safety and Security. It was established in 1995 to provide a complete solution for the fire accidents.
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10. Latent View Analytics Limited
- Offer Price(Rs): 197
- Listing Day – Close Price(Rs): 488.60
- Listing Day Gain/Loss (%): 148.02
- Listing Date: Nov 23, 2021
- Issue Size (Rs Cr): 600.00
- Total Subscription (Rs in Crores): 195891.24
- Oversubscribed (x): 326.49
Latent View Analytics Limited deals in analytics services. They provide services for data and analytics consulting, business analytics & insights, advanced predictive analytics, data engineering, and digital solutions. It was established in 2006 and now works all over the world.
