The share market has been buzzing with stellar IPO debuts. Whether you eye those prized listing gains or call yourself a long-term investor, the last couple of years have been rewarding with gains from newly listed stocks. In this blog, we have listed five stocks listed in recent years that created a huge buzz among investors and traders.
5 Stocks that Delivered Massive Returns to Investors on Debut
Have a look at new listed stocks that rewarded investors handsomely on debut.
| Company | IPO Bid Price (INR) | Listing Price (INR) | Premium (%) | Listing Month & Year |
|---|---|---|---|---|
| Vibhor Steel Tubes | 151 | 425 | 181% | Feb 2024 |
| Mamata Machinery | 243 | 600 | 146.91% | Dec 2024 |
| BLS E-Services | 135 | 309 | 125.9% | Jan 2024 |
| Unicommerce eSolutions | 108 | 230 | 117.59%) | Mar 2024 |
| Bajaj Housing Finance | 70 | 150 | 114% | Jul 2024 |
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Vibhor Steel Tubes
Vibhor Steel Tubes gained a whopping 181% premium over its issue price of INR 151, listing at INR 425 in February 2024. The IPO created a buzz with an overwhelming subscription of 298.86 times.
The strong sentiment of investors in the steel sector fuelled this craze, as the company raised INR 72.17 crore from this IPO. Vibhor Steel Tubes announced that this fund would be used for business expansion and working capital.
Key Highlights
- IPO Price: INR 151 per share
- Listing Price: INR 425
- IPO Subscribed: 298.86 times
- Raised: INR 72.17 crore
- Reason for Demand: Strong financials, high sector demand, expansion plans
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Mamata Machinery
Mamata Machinery, a plastic packaging machinery manufacturer, made a stellar market debut in December 2024. It was listed at INR 600, gaining a premium of 146.91% over its issue price of INR 243. The IPO was subscribed nearly 195 times, and the buzz was all about its robust financials and strong interest from investors.
Key Highlights
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- IPO price: INR 243 per share
- Listing price: INR 600
- IPO subscribed: 194 times
- Raised: INR 179.39 crore
- Reason for Demand: Robust financials, niche industry, strong investor interest
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BLS E-Services
BLS E-Services, a digital service provider, made an impressive debut, listing at INR 305 on NSE. The bid price of the IPO was INR 135. The strong financials and the Digital India push from the government fueled investor interests, as evident from its massive oversubscription. The IPO was heavily subscribed over 160 times, with the NII portion leading at 300 times, followed by retail (236 times) and QIB (123 times.
Key Highlights
- IPO price: INR 135 per share
- Listing price: INR INR 305
- IPO subscribed: 160 times
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- Raised: INR 310.91 crore
- Reason for Demand: Strong financials, Digital India theme, broad participation of investors
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Unicommerce eSolutions
Unicommerce eSolutions, a leading eCommerce SaaS provider, was listed at a premium of 117% on NSE in March 2024. The stock made a strong debut, listing at INR 235 in the stock market against its IPO price of INR 108. It returned INR 127 per share to investors, far exceeding their expectations. The dominant position of this company in the e-commerce sector was a key driver of its success.
Key Highlights
- IPO price: INR 108 per share
- Listing price: INR 235
- IPO subscribed: 168.35 times
- Raised: INR 276.57 crore
- Reason for Demand: Dominant position in eCommerce SaaS, strong GMP, optimism of investors
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Bajaj Housing Finance
Debuting in July 2024, Bajaj Housing Finance was India’s largest non-deposit-taking housing finance company backed by Bajaj Finance. It made a blockbuster debut at INR 150 on both BSE and NSE, recording a 114% premium over its bid price of INR 70.
Interestingly, the INR 6,560 crore IPO was the largest of the year. It was oversubscribed 67 times, and even before listing, the stock commanded a GMP of 120%.
Key Highlights
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- Bid price: INR 70 per share
- Listing price: INR 150
- IPO subscribed: 67 times
- Raised: INR 6,560 crore
- Reason for Demand: Strong brand backing, largest IPO of the year, solid financials
Conclusion
The Indian share market continues to offer opportunities for investors. As evident from these IPOs, companies from various sectors have witnessed remarkable debuts. This buzz for IPOs has largely been driven by strong demand and solid fundamentals.
While not every IPO will deliver such stellar returns, these trends showcase the potential that well-researched investments hold. If you’re looking to capitalize on share market gains, keep an eye on the GMP trends and sectoral growth.