IPOs are drawing investors' attention for long now as they enable investors to multiple their wealth in a short time say with a good listing premium. In fact the upcoming IPOs are said to be even more promising as a number of start ups are poised to enter the D-Street. Now as there confirmed that Nykaa and PolicyBazaar are likely to come up with their IPOs soon, here we provide how the previous IPOs performed since they came in 2021:
1. Nazara Technologies:
The gaming company is the only entity listed in the Indian stock markets. The company is a diversified gaming as well as sports platform with presence in developed markets, including Africa as well as North America. The company's offerings include the interactive gaming, eSports and gamified early learning ecosystems.
Now coming to its IPO which was released on March 2021 at an issue price of Rs. 1101 last traded at a price of Rs. 3200 and in fact hit 52 week high in today's trade of Rs. 3356 per share on the NSE.
2. MTAR Tech:
This is an aerospace and defence company providing all the machining solutions. The company is a leading players in precision engineering industry engaged in the manufacture of mission critical precision components with close tolerances (5-10 microns) and in critical assemblies, to serve projects of high national importance. Started in the year 1970, the company caters to Indian Civilian Nuclear Power program, Indian Space program, Indian Defence , Global Defence, as well as Global Clean Energy sectors.
The medical equipment/supplies/accessories firm typically enables in diagnosing critical conditions. The company has to its pride 50 plus USFDA approved products and also a good sales history of its product line.
The company's services include in areas such as chronic disease, mother and child, lifestyle and fitness, nutrition, orthocare and connected devices.
4. Paras Defence:
This company is a truly 'Make in India' entity with expertise across Defence Electronics, Defence & Space Optics etc.
All of the investors' invested or not are worrying on when will the upper circuit trend in the stock discontinue. This has been the blockbuster IPO listing of the year 2021 and since listed has provided a return to the tune of 277%.
5. Tatva Chintan:
This company's IPO came up in July at an issue price of Rs. 1038 and last traded at Rs. 2400 almost more than doubling its price in a span of less than 3 months.
Tatva Chintan is leading Chemical Manufacturer, Exporter & Supplier of quality Hydroxide specialty chemicals, QUATS same as global pharmaceutical companies.
|IPO||Issue price||LTP||% gains since IPO|
|Nazara Technologies||Rs. 1101||Rs. 3200||190.00%|
|MTAR Tech||Rs. 575||Rs. 1749||204.00%|
|Nureca||Rs. 400||Rs. 2067||416.00%|
|Paras Defence||Rs. 175||Rs. 660||277.00%|
|Ami Organics||Rs. 1038||Rs. 2400||130.00%|