Initial Public Offerings (IPOs) have done pretty well in the last 1 year. In fact, if you have not subscribed to these offers, you have missed out on solid returns that some of them have given. It will not be wrong to say that public issue of shares is back with a bang. Here are 7 IPOs that gave super returns to investors in the last 1 year.
Bella Casa
Bella Casa has doubled investor wealth, since coming out with an IPO in Oct 2015. The IPO price was Rs 14, while the current price if Rs 28.40, giving returns of almost 103 per cent.
The company is engaged in manufacturing bed sheets, quilts, home furnishing textile etc.
Shree Pushakar
Shree Pushkar launched its IPO in Sept 2015 at a price of Rs 65 and the stock is currently trading at Rs 116, a whopping jump of 78 per cent over the IPO price.
The company may not have had its IPO with great fanfare, but, managed to churn out great returns for investors.
Shree Pushakar deals in a high range of chemicals and similar products.
Dr Lal’s Pathological Labs
Dr Lal's Pathological Labs stands-out among the list of Initial Public Offerings (IPOs) that gave good returns to investors.
The company came out with an IPO at Rs 550 and is now trading at Rs 971, up almost 77 per cent, since its IPO in Dec 2015. That is splendid returns for investors by any stretch of imagination.
Thyrocare Technologies
Thyrocare Technologies got its stock listed only this week. The IPO which was priced at Rs 446 got listed at Rs 620, gaining 39 per cent in the process.
Excellent returns in just 2-weeks as there is heavy appetite for healthcare related stocks.The company may now have to meet expectations through great performance.
Another popular IPO
Equitas Holdings was another stock that saw strong appetite from investors, particularly as a micro finance institution.
The stock which listed and came out with an offer price of Rs 110, is currently trading at Rs 149, a jump of 30 per cent over the IPO price.
Another healthcare stock with good returns
Narayana Hrudulaya is another healthcare stock that saw a lot of interest from investors.
In fact, it still continues to be popular traded stock. The company came out with a public issue of Rs 250 and is currently trading at Rs 326.
Saw great interest
The company that runs the Indigo Airlines saw heavy demand for its shares. Against an IPO price of Rs 765 the stock is trading at Rs 985, giving returns of almost 30 per cent.
The shares of the company tend to largely fluctuate based on movement in crude oil prices.
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