Tatva Chintan not alone; right here’s how current IPOs have helped traders revenue on itemizing day
2 min read IPOs are sometimes thought of to be fast wealth creators for the traders and the calendar yr 2021 has to date confirmed to be a yr the place the inventory markets have soared to report highs and the investor sentiment continues to be bullish in terms of investing in preliminary public choices.
Earlier at this time, Tatva Chintan Pharma Chem made a stellar debut itemizing at a premium of 95 per cent over its subject value, thereby almost doubling the wealth of traders who have been allotted the shares within the IPO.
In the previous two months, traders of IPOs have witnessed their wealth soar on the day of itemizing. All the shares which debuted in June-July have given a optimistic return on funding to the preliminary traders on the day of their first commerce.
Apart from Tatva Chintan, G R Infraprojects, Clean Science and Technology and Zomato are the current different IPOs that listed with over 50 per cent beneficial properties from their respective subject costs. G R Infra greater than doubled the traders’ wealth on itemizing whereas Clean Science noticed a 95 per cent bounce on its debut on the NSE.
Here’s a take a look at all of the current listings and their itemizing returns:
Name of the IPO
Issue Date
Date of itemizing
Listing value (Rs)
Issue value (Rs)
Percentage change
Tatva Chintan Pharma Chem
July 16-20, 2021
July 29, 2021
2,111.85
1,083
95.00
Zomato
July 14-16,2021
July 23, 2021
116.00
76
52.63
G R Infraprojects
July 7-9, 2021
July 19, 2021
1,715.85
837
105.00
Clean Science and Technology
July 7-9, 2021
July 19, 2021
1,755.00
900
95.00
India Pesticides
June 23-25, 2021
July 5, 2021
350.00
296
18.24
Krishna Institute of Medical Sciences
June 16-18, 2021
June 28, 2021
1,009.00
825
22.30
Dodla Dairy
June 16-18, 2021
June 28, 2021
550.00
428
28.50
Shyam Metalics and Energy
June 14-16, 2021
June 24, 2021
380.00
306
24.18
Sona BLW Precision Forgings
June 14-16, 2021
June 24, 2021
301.00
291
3.44
Source: National Stock Exchange (NSE)
IPOs have confirmed to be a candy deal not just for traders but in addition for corporations as properly. More and extra corporations wish to money in on the optimistic market sentiment and are taking the IPO route to lift cash.
As on date, corporations have raised over Rs 42,000 crore via 28 IPOs in seven months of 2021 and if the variety of corporations which have filed their draft papers with the market regulator with Sebi or have proven intent to checklist is any indication, this might simply cross Rs 1 lakh crore by December ought to the secondary market keep its tempo.