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This year, these 10 IPOs made investors rich, gave bumper returns on the listing day itself – India TV Hindi

IPO News

Photo:FILE IPO News

If There will be nothing wrong if we say that the year 2024 is in the name of IPO. There were a lot of IPOs this year and most of them have given excellent returns to investors. There was a flood of SME IPOs this year. Indian companies have raised a record Rs 1.6 lakh crore through IPO so far in the year 2024. This also includes Hyundai Motor India’s Rs 27,870 crore IPO. This is the largest IPO in Indian history. Today we are going to tell you which are the top-10 IPOs of 2024, which performed well on their debut. These include both mainboard and SME IPOs.

Vibhor Steel Tubes Limited

Vibhor Steel Tubes debuted with a listing gain of 195.53%. It was introduced at ₹151 and closed at ₹446.25. The company had raised ₹72.17 crore from the IPO. This IPO was oversubscribed 320.05 times.

BLS E-Services Limited

This stock gave a profit of 171.11% to investors on the day of listing. Its shares closed at ₹366 compared to the issue price of ₹135. This IPO was oversubscribed 162.38 times. The company had raised Rs 310.91 crore from the IPO.

Bajaj Housing Finance Limited

Bajaj Housing Finance had given a profit of 135.71% on the listing day. Its shares closed at ₹165 on the listing day compared to the issue price of ₹70. It had received a total subscription of ₹4.42 lakh crore.

KRN Heat Exchanger & Refrigeration Limited

KRN Heat Exchanger & Refrigeration shares had given a profit of 117.63% on the day of listing. The share closed at ₹478.79 compared to the issue price of ₹220. The issue size here was ₹341.95 crore and this IPO was oversubscribed 213.41 times.

Unicommerce eSolutions Limited

Unicommerce eSolutions had given a profit of 94.52% at the issue price of ₹108. The share closed at ₹210 on the listing day. At the same time, the IPO was subscribed 168.35 times more.

One MobiKwik Systems Limited

MobiKwik had surged 90% from its issue price of ₹279 on its debut. This IPO was worth ₹572 crore.

Premier Energies Limited

Premier Energies had given a profit of 86.6% on listing. It closed at ₹839.90 on the listing day compared to the issue price of ₹450. This IPO was oversubscribed 75 times.

Le Travens Technology Limited

Shares of Le Traven Technology had closed at ₹165.72 on the listing day. This is a 78.19% profit compared to the ₹93 issue price.

JNK India Limited

JNK India had given a profit of 67.36% on listing. It closed at ₹694.47 on the listing day. This IPO was oversubscribed 28.46 times.

P N Gadgil Jewelers Limited

P N Gadgil Jewelers was up 65.27% on debut. The share price closed at ₹793.30 on the listing day. This IPO was oversubscribed 59.41 times.

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Brijesh Kumar
Brijesh Kumarhttp://Newstiger.in
Brijesh is dedicated to providing timely and trustworthy news, covering everything from politics to pop culture. Offering readers a thoughtful approach to the world around us, Brijesh ensures you never miss a crucial update

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