Initial Public Offerings are back in demand. Several IPOs are doing well and the recent IPO of Shemaroo seems to have got a good response from the markets. There are quite a few upcoming IPOs that investors have set their sights on. Here are few IPOs that have generated more than 100 per cent returns in the last one year.
GCM Capital came out with a public issue of Rs 20 in the month of May 2014. The stock is now trading at Rs 97.10 on the Bombay Stock Exchange. That is a return of almost 400 per cent in a span of just 4 months. Not bad going at all.
A 150% return
Wonderla Holidays IPO priced at Rs 125. The current market price of Rs 315, means a whopping return of 150 per cent. Not bad at all.
Polymac Thermo offered an IPO in Feb 2014. The stock is currently traded at Rs 199 on the BSE. The issue price was a mere Rs 35.The stock has multiplied nearly 7-8 times in the last few years.
Stock price has doubled
VCU Data Management came in with an IPO at a price of Rs 25. At the current market price of Rs 50, the stock price has doubled.