5 IPOs with the Highest Listing Gains in 2021

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

5 IPOs with the Highest Listing Gains in 2021

Jul 6, 2021

Healthy momentum in the secondary market, ample liquidity in the system and greater participation of retail investors are some of the factors keeping the IPO Street abuzz since last year.

As a result, in the financial year 2021, 21 out of 29 initial public offerings (IPOs) generated positive returns for investors on listing.

The IPOs had an average listing return of 36%, the highest in a decade, fuelled by an average oversubscription rate of 71.3 times.

Here are the top 5 IPOs which had the highest listing gains -

#1 Happiest Minds Technologies (111%)

The stock of Happiest Minds Technologies listed at a premium of 111% on the BSE on 17 September 2020 at Rs 351 compared to its issue price of Rs 166.

The combined trading volumes on both exchanges surpassed the total issue size of 42.2 m equity shares. The stock finally closed at Rs 371 at the end of the day.

The hefty premium was on expected lines given the company's strong fundamentals and management led by founder Ashok Soota, who also co-founded Mindtree.

The company also had a stellar IPO subscription figure of 151 times, the eighth highest in a decade.

Happiest Minds is a digital transformation IT consulting & services company that focuses on big data, analytics cloud, mobility and security.

--- Advertisement ---
Click Here to Watch the Replay of the Great Indian Wealth Project Event

At our Great Indian Wealth Project special event, we gave away these valuable resources virtually FREE.

This bundle includes our comprehensive wealth creation guide titled- Eight Steps to Your Eight Figure Fortune

And 3 high-potential stocks covered in our latest special reports...

To immediately get you started towards accumulating Rs 7 crore in wealth over the long-term

If you missed this event for some reason, then you can watch the special replay of this event.

Click Here to Watch the Replay...
------------------------------

#2 Burger King (92%)

Burger King shares made their stock market debut on 14 December 2020 at Rs 115.4 per share on BSE, up 92% from the issue price of Rs 60 per share.

The stock zoomed further on the opening bell and continued to rise throughout the day. It finally closed a massive 130.7% jump from the issue price at Rs 138.4.

Burger King's initial public offering was oversubscribed by investors across categories. The issue was subscribed 156 times, making it the second most subscribed IPO of 2020.

Burger King, one of the fastest growth Quick Service Restaurant (QSR) chains in the country, is the domestic arm of US-based Burger King.

#3 MTAR Technologies (85%)

Shares of MTAR Technologies made a stellar debut on 15 March 2021 as they listed at Rs 1063.9 apiece on BSE, thereby registering a rise of 85% from the issue price of Rs 575.

The stock continued to rally and hit a high of Rs 1,154 during its first hour of trade on the first day and finally closed at Rs 1082.3.

The Rs 6 bn IPO of MTAR Technologies was met with robust demand.

The issue was oversubscribed within a few hours of the first day and was eventually subscribed a whopping 200 times on the final day.

MTAR Technologies is a manufacturing company that has precision engineering capabilities to build nuclear and pressurized water reactors, aerospace engines, and many such other critical components and assemblies.

Watch Now: A Massive 15x Opportunity in Electric Vehicles

#4 Indigo Paints (75%)

Indigo Paints made a strong stock market debut on 2 February 2021, as the scrip got listed at Rs 2,607 apiece, a 75% premium over its issue price of Rs 1,490.

During the day, the stock surged 20% over the listing price to hit the upper circuit at Rs 3,129 per share. It finally closed at Rs 3,118.

The IPO, which ran from 20-22 January 2021 was subscribed 117 times.

Indigo Paints is the fifth-largest decorative paints manufacturer in India. Although a late entrant in the paints industry, the company still commands a 2% market share across India.

#5 Mrs Bector's Foods (74%)

Biscuits and bakery products maker Mrs Bector's Food Specialities shares listed at a massive 74% premium over its issue price on 23 December 2020, after the stellar subscription to its IPO.

The share price opened at Rs 501 on the BSE, higher by Rs 213 compared to the issue price of Rs 288 and later hit an upper circuit of Rs 601.2.

The stock finally closed at Rs 595.6 per share.

Experts said the listing was on expected lines given the healthy response to the IPO from investors.

Mrs Bector's Food raised Rs 5.4 bn through the IPO which was subscribed 198 times, the highest subscription received by an IPO in 2020.

The company is one of the leading biscuits and bakery products manufacturers in North India with a market share of around 4.5% in the premium and mid-premium segments.

--- Advertisement ---
REVEALED: How to Grow and Protect Your Wealth in 2022 and Beyond...

Interested in growing and protecting your wealth in the next decade?

Then Register for The Equitymaster Conference 2022 Right Now

Where the top investment minds of this generation will reveal their most lucrative money-making investment and wealth-protection strategies for the next decade.

Click Here to Get More Details...
------------------------------

Should you invest in an IPO for listing gains?

Amid the ongoing IPO fever, people are increasingly looking to try and make quick and appealing returns by putting their money in the shares of a company going public.

The idea here is to make listing gains through the purchase and sale of shares in a public issue.

However, there is no guarantee that a stock will always open at a gain.

This is completely dependent on the demand for the IPO, market sentiment, global factors and short-term outlook, among other things.

Hence, it would be wise to invest in companies with longer horizons.

The companies should have solid fundamentals and good long-term growth prospects.

One must also understand the business of the company along with the risks involved in investing.

To know what's moving the Indian stock markets today, check out the most recent share market updates here.

Ayesha Shetty

Ayesha Shetty is a financial writer with the StockSelect team at Equitymaster. An engineer by qualification, she uses her analytical skills to decode the latest developments in financial markets. This reflects in her well-researched and insightful articles. When she is not busy separating financial fact from fiction, she can be found reading about new trends in technology and international politics.

Equitymaster requests your view! Post a comment on "5 IPOs with the Highest Listing Gains in 2021". Click here!

  

More Views on News

HAPPIEST MINDS TECHNOLOGIES 2020-21 Annual Report Analysis (Annual Result Update)

Oct 27, 2021 | Updated on Oct 27, 2021

Here's an analysis of the annual report of HAPPIEST MINDS TECHNOLOGIES for 2020-21. It includes a full income statement, balance sheet and cash flow analysis of HAPPIEST MINDS TECHNOLOGIES. Also includes updates on the valuation of HAPPIEST MINDS TECHNOLOGIES.

These Stocks Have Turned Multibaggers in 2021. Do You Own Any? (Views On News)

Aug 9, 2021

A look at stocks from the BSE 500 index that have gained the most since start of this year.

Happiest Minds Q4 Results: Profit Grows Over Six-Fold; Company Eyes 20% Organic Growth in FY22 (Views On News)

May 14, 2021

Key takeaways from Happiest Minds Technologies Q4FY21 results.

5 Indian Companies Embracing Blockchain Technology (Views On News)

Nov 23, 2021

Blockchain adoption in India was slow in the past. Now, the technology is being well received.

From Paytm to Reliance Power: Big IPOs with the Worst Debut Day Performance (Views On News)

Nov 22, 2021

Paytm's flop show should not come as a surprise. This is not the first time a high-profile IPO has eroded investors' wealth on listing day.

More Views on News

Most Popular

All You Need to Know About Primary and Secondary Markets

A look at the various types of primary and secondary markets and the key differences between them.

Infosys vs TCS: Which is Better? (Views On News)

Nov 26, 2021

In the post pandemic era, the top two IT companies in India are fighting to capture the growing demand for IT.

6 Popular Stocks that Turned into Penny Stocks (Views On News)

Nov 27, 2021

A look at popular stocks that crashed big time and never recovered, i.e. which went from 'Multibaggers to Multibeggers'.

India's Top 5 Monopoly Stocks to Watch Out for (Views On News)

Nov 30, 2021

These 5 companies dominate their sectors with a huge piece of the pie.

6 Penny Stocks that Rallied 1,000%+ in One Year (Views On News)

Dec 6, 2021

These penny stocks shed their penny status by surging 1,000% or more in the last one year.

More

Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

HAPPIEST MINDS TECHNOLOGIES SHARE PRICE


Dec 9, 2021 09:45 AM

TRACK HAPPIEST MINDS TECHNOLOGIES

  • Track your investment in HAPPIEST MINDS TECHNOLOGIES with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

MORE ON HAPPIEST MINDS TECHNOLOGIES

HAPPIEST MINDS TECHNOLOGIES 8-QTR ANALYSIS

COMPARE HAPPIEST MINDS TECHNOLOGIES WITH

MARKET STATS