From ₹500 to ₹2,000: This IPO delivered 4X returns in just 10 months
Listed in July last year, the country’s largest manufacturer of supercomputing systems has provided multibagger returns to its shareholders.
Listed in July last year, the country’s largest manufacturer of supercomputing systems has provided multibagger returns to its shareholders.
IREDA, Cyient DLM, Tata Technologies, Netweb Technologies, and Senco Gold are top performers in terms of returns over IPO price.
The ₹631-crore IPO was subscribed 90.36 times on the back of an overwhelming response from QIBs as the quota allotted to them was subscribed by 228.91 times.
Yatharth Hospital plans to raise ₹686.55 crore via public offering, while four IPOs from SME segment aim to garner a total of ₹170 crore.
The quota reserved for employees was booked 6.6 times, while retail and NIIs portions were subscribed 3 times and 3.6 times, respectively. The QIB portion was subscribed by 0.03 times.