Listed IPO - Recently Closed IPO

Indigo Paints Ltd IPO

Mainboard Listed
Offer Price ₹ 1488-1490
Subscription 117.02x
Issue Size Total Equity Shares 78,92,617 of Rs 10/- at price of Rs 1488/- to Rs 1490/- with aggregating up to Rs 1,170.00/- Cr Fresh Issue of 20,13,423 Equity Shares of Rs 10/- at price of Rs 1488/- to Rs 1490/- with aggregating up to Rs 300.00/- Cr Offer for Sale of 58,40,000 Equity Shares of Rs 10/- at price of Rs 1488/- to Rs 1490/- with aggregating up to Rs 870.00/- Cr

Indian Railway Finance Corporation IPO

Mainboard Listed
Offer Price ₹ 25-26
Subscription 3.49x
Issue Size 1,782,069,000 Eq Shares of ₹10 (aggregating up to ₹4,633.38 Cr) Fresh Issue: 1,188,046,000 Eq Shares of ₹10(aggregating up to ₹3,088.92 Cr) Offer for Sale: 594,023,000 Eq Shares of ₹10(aggregating up to ₹1,544.46 Cr)

Antony Waste Handling Cell Limited IPO

Mainboard Listed
Offer Price ₹ 313 - 315
Subscription 15.04x
Issue Size Fresh Issue: 26,98,412 Eq Shares of ₹5 (aggregating up to ₹85.00 Crs) Offer for Sale: 68,24,933 Eq Shares of ₹5 (aggregating up to ₹214.99 Crs)

Mrs. Bectors Food Specialities Limited IPO

Mainboard Listed
Offer Price ₹ 286 - 288
Subscription 198.02x
Issue Size Total Equity Shares 1,87,68,750 of ₹10/- at price of ₹286/- to 288/- with aggregating up to ₹540.54/- Cr # Fresh Issue of 14,07,638 Equity Shares of ₹10/- at price of ₹286/- to 288/- with aggregating up to ₹40.54/- Cr # Offer for Sale of 1,73,61,111 Equity Shares of ₹10/- at price of ₹286/- to 288/- with aggregating up to ₹500.00/- Cr

Burger King India Limited IPO

Mainboard Listed
Offer Price ₹ 59 - 60
Subscription 156.6x
Issue Size 13,50,00,000 Eq Shares of ₹10 (aggregating up to ₹810.00 Crs) # Fresh Issue:75,000,000 Eq Shares of ₹10 (aggregating up to ₹450.00 Cr) # Offer for Sale:60,000,000 Eq Shares of ₹10 (aggregating up to ₹360.00 Cr)

Gland Pharma Limited IPO

Mainboard Listed
Offer Price ₹ 1490 - 1500
Subscription 2.06x
Issue Size 43,196,968 Eq Shares of ₹1 (aggregating up to ₹6,479.55 Cr) Fresh Issue:8,333,333 Eq Shares of ₹1 (aggregating up to ₹1,250.00 Cr) Offer for Sale: 34,863,635 Eq Shares of ₹1 (aggregating up to ₹5,229.55 Cr)

Equitas Small Finance Bank Ltd IPO

Mainboard Listed
Offer Price ₹ 32 - 33
Subscription 1.95x
Issue Size Total Equity Shares 15,68,48,485 of Rs 10/- at price of Rs 32/- to Rs 33/- with aggregating up to Rs 517.6/- Cr Fresh Issue: 8,48,48,485 Equity Shares of Rs 10/- at price of Rs 32/- to Rs 32/- with aggregating up to Rs 280/- Cr Offer for Sale: 7,20,00,000 Equity Shares of Rs 10/- at price of Rs 32/- to Rs 33/- with aggregating up to Rs 237.6/- Cr

Likhitha Infrastructure Ltd IPO

Mainboard Listed
Offer Price ₹ 117 - 120
Subscription 9.51x
Issue Size 5,100,000 Eq Shares of ₹10(aggregating up to ₹61.20 Cr) Fresh Issue: 5,100,000 Eq Shares of ₹10(aggregating up to ₹61.20 Cr)

Mazagon Dock Shipbuilders Limited IPO

Mainboard Listed
Offer Price ₹ 135 - 145
Subscription 157.41x
Issue Size 30,599,017 Eq Shares of ₹10(aggregating up to ₹443.69 Cr) Offer for Sale: 30,599,017 Eq Shares of ₹10(aggregating up to ₹443.69 Cr))

UTI Asset Management Company Ltd IPO

Mainboard Listed
Offer Price ₹ 552 - 554
Subscription 2.31x
Issue Size 38,987,081 Eq Shares of ₹10 (aggregating up to ₹2,159.88 Cr))

Angel Broking Ltd IPO

Mainboard Listed
Offer Price ₹ 305 - 306
Subscription 3.94x
Issue Size Total Equity Shares 1,96,07,840 of Rs 10/- at price of Rs 305 to Rs 306 with aggregating up to Rs 600 Cr Fresh Issue: 98,03,920 Equity Shares of Rs 10/- at price of Rs 305 to Rs 306 with aggregating up to Rs 300 Cr Offer for Sale: 98,03,920 Equity Shares of Rs 10/- at price of Rs 305 to Rs 306 with aggregating up to Rs 300 Cr

Chemcon Speciality Chemicals Limited IPO

Mainboard Listed
Offer Price ₹ 338 - 340
Subscription 149.30x
Issue Size 9,800,000 Eq Shares of ₹10(aggregating up to ₹284.00 Cr) Fresh Issue: 5,500,000 Eq Shares of ₹10(aggregating up to ₹165.00 Cr) Offer for Sale: 4,500,000 Eq Shares of ₹10(aggregating up to ₹[NA] Cr)

Computer Age Management Services Ltd IPO

Mainboard Listed
Offer Price ₹ 1229 - 1230
Subscription 46.99x
Issue Size 18,246,600 Eq Shares of ₹10(aggregating up to ₹2,258.00 Cr)

Route Mobile Ltd IPO

Mainboard Listed
Offer Price ₹ 345 - 350
Subscription 73.30x
Issue Size Total Equity Shares 1,71,42,856 of Rs 10/- at price of Rs 345 to Rs 350 with aggregating up to Rs 600 Cr # Fresh Issue of 68,57,142 (approx.) Equity Shares of Rs 10/- at price of Rs 345 to Rs 350 with aggregating up to Rs 240 Cr # Offer for Sale of 1,02,85,714 Equity Shares of Rs 10/- at price of Rs 345 to Rs 350 with aggregating up to Rs 360 Cr

Happiest Minds Technologies Ltd IPO

Mainboard Listed
Offer Price ₹ 165 - 166
Subscription 150.98x
Issue Size 42,290,091 Eq Shares of ₹2 (aggregating up to ₹702.02 Cr) #Fresh Issue: 6,626,506 Eq Shares of ₹2 (aggregating up to ₹110.00 Cr) #Offer for Sale : 35,663,585 Eq Shares of ₹2(aggregating up to ₹592.02 Cr)

Mindspace Business Parks REIT IPO

Mainboard Listed
Offer Price ₹ 274 - 275
Subscription 87,78,24,600 12.96x
Issue Size Total Issue of 16,36,36,363 units of Rs 274 to Rs 275 with aggregating up to Rs 4500 Cr Fresh Issue of 3,63,63,636 units of Rs 274 to Rs 275 with aggregating up to Rs 1000 Cr Offer for Sale of 12,72,72,727 units of Rs 274 to Rs 275 with aggregating up to Rs 3500 Cr

Yes Bank Ltd FPO

Mainboard Listed
Offer Price ₹ 12 - 13
Subscription 8,47,86,84,000 0.93x
Issue Size Fresh Issue of 11,55,12,82,051 Equity Shares of Rs 2/- at price of Rs 12 to Rs 13 with aggregating up to Rs 15,000 Cr

Rossari Biotech Ltd IPO

Mainboard Listed
Offer Price ₹ 423 - 425
Subscription 64,87,33,645 79.37x
Issue Size Total Equity Shares 1,16,76,470 of Rs 2/- at price of Rs 423 to Rs 425 with aggregating up to Rs 496.25 Cr # Fresh Issue of 11,76,470 (approx.) Equity Shares of Rs 2/- at price of Rs 423 to Rs 425 with aggregating up to Rs 50.0 Cr # Offer for Sale of 1,05,00,000 Equity Shares of Rs 2/- at price of Rs 423 to Rs 425 with aggregating up to Rs 446.25 Cr

Antony Waste Handling Cell Limited IPO

Mainboard Listed Cancelled
Offer Price ₹ 294 - 300
Lot Size 50
Subscription 0.5x
Issue Size Total Equity Shares 68,66,666 of Rs 5/- at price of Rs 295/- to Rs 300/- with aggregating up to Rs 206/- Cr# Fresh Issue of 11,66,666 Equity Shares of Rs 5/- at price of Rs 295/- to Rs 300/- with aggregating up to Rs 35/- Cr# Offer for Sale of 57,00,000 Equity Shares of Rs 5/- at price of Rs 295/- to Rs 300/- with aggregating up to Rs 171/- Cr

SBI Cards and Payment Services Limited IPO

Mainboard Listed
Offer Price ₹ 750 - 755
Subscription 26.54x
Issue Size Total Equity Shares 13,71,49,314 of Rs 10/- at price of Rs 750/- to Rs 755/- with aggregating up to Rs 10,354.77/- Cr# Fresh Issue of 66,22,516 Equity Shares of Rs 10/- at price of Rs 750/- to Rs 755/- with aggregating up to Rs 500/- Cr# Offer for Sale of 13,05,26,798 Equity Shares of Rs 10/- at price of Rs 750/- to Rs 755/- with aggregating up to Rs 9854.77/- Cr

Listed IPOs

Recently Listed IPO

What is Recently Listed IPO?

A recently listed IPO is a company that has just completed being publicly listed and can now be found trading on stock markets including NSE (National Stock Exchange) or BSE (Bombay Stock Exchange). Everybody can trade shares in these companies after they carried out an Initial Public Offering (IPO).

Key Definition

An IPO transforms a private company into a publicly-traded entity, allowing retail and institutional investors to buy and sell shares on recognized stock exchanges.

Why Investors Track New Listings

Both retail and institutional investors closely track these listings for several strategic reasons:

Price Volatility

Prices for new listings usually fluctuate in the short term, creating trading opportunities.

First Day Gains

On the first day after listing, it's possible to record significant gains.

Market Sentiment

They indicate market sentiment and appetite for new equities.

Step-by-Step IPO Listing Process

Important events happen on the IPO listing day. Here's what occurs:

1

Trading Begins

Shares become available for trading with a unique ticker symbol

2

Price Discovery

Opening prices set based on investor demand

3

Investor Decisions

Allotted investors can hold or sell shares

4

Public Trading

Shares become liquid for public trading

5

Public Ownership

Company becomes subject to regulations and analyst reviews

How is IPO Listing Price Determined?

On the day an IPO is listed, its price is determined through the price discovery process:

  • Market Reception Analysis: How well shares are received by financial institutions and retail investors
  • Pre-market Call Auction: Buy and sell orders are matched through exchange mechanisms
  • Supply & Demand Balance: Final listing price based on market dynamics
  • Price Variation: May differ from IPO price, leading to gains or losses
  • Grey Market Premium (GMP): Important indicator of potential stock performance

IPO Evaluation Methods

Evaluating a recently listed IPO requires comprehensive analysis combining multiple approaches:

Fundamental Analysis

  • Financial Review: Revenue, net profit, margins, debt levels
  • Business Model: Scalability, uniqueness, competitive advantage
  • Sector Growth: High-potential sectors (EV, fintech, healthcare)
  • Promoter Credibility: Track record and governance quality

Post-Listing Analysis

  • Price Movement: First week trading patterns
  • Volume Analysis: Large investor entry/exit patterns
  • Analyst Coverage: Brokerage recommendations and ratings
  • Quarterly Performance: Earnings and institutional holdings

Signs of Successful IPO Performance

When an IPO is successful, it typically shows these key indicators in the first few weeks:

Premium Listing

Shares list above issue price, indicating investor optimism

High Trading Volume

Strong trading volumes show continued investor interest

Price Stability

Stable or rising prices reflect market confidence

Positive Analyst Coverage

Brokerages initiate "Buy" or "Overweight" recommendations

Institutional Buying

Mutual funds and FIIs become active buyers

IPO Performance Tracking

To evaluate IPO performance effectively, use these comprehensive tracking methods:

Performance Dashboard Metrics

Listing Performance

Track listing vs issue price

Daily Trends

Daily & weekly performance

Volume Analysis

Trading volume patterns

Sector Comparison

Compare with peers

1 Week Tracking

Short-term performance

15-30 Day Analysis

Medium-term trends

Additional Key Metrics

  • GMP Movement: Grey Market Premium trends and analysis
  • Subscription Data: Category-wise subscription rates (Retail, QIB, NII)
  • Institutional Holdings: Post-listing FII and DII investment patterns
  • Market Cap Ranking: Position within sector and overall market

About Listed IPOs

IPOs listed on exchanges such as BSE and NSE are called listed IPOs and can be traded by all investors, regardless of allotment. An IPO usually accepts applications for 3 working days. Once listed on the exchange, it moves into the listed IPO category.

How to Check Allotment

Once the allotment for an IPO is out, you can easily check status on IPO Ji website or app.

Steps to Check on Website
  1. Click the allotment tab from the top menu.
  2. Log in to your account.
  3. Select the IPO from the dropdown list.
  4. Add account or click "Check Allotment" if accounts are already added.
  5. View status beside the respective account.
Steps to Check on App
  1. Tap the allotment icon in the bottom bar of IPO Ji app.
  2. Log in to your account.
  3. Select the IPO from the dropdown list.
  4. Add account or click "Check Allotment" if accounts are already added.
  5. View status beside the respective account.

Note: You can check application allotment status on IPO Ji even if you did not apply through IPO Ji.

What Is an IPO Refund?

An IPO refund is the amount returned to an investor when shares are not allotted fully or partially. If your application is rejected or you do not receive full allotment, the extra or full blocked amount is released back to your bank account.

FAQs

Frequently Asked Questions

Ans. Once the IPO is closed for subscription, investors must wait for allotment. If allotted, the shares are transferred to the respective Demat accounts. In case of non-allotment, a refund is initiated, and the amount is returned to the bank account.

Ans. You can check your allotment status on the IPO Ji website or app to see whether your application was successful or not.

Ans. If an IPO is not fully subscribed, the underwriter may lower the price band to attract investors. However, if it is still less than 90% subscribed on the closing day, the company will return the amount to all subscribers.

Ans. On the day of listing, log in to your Trading Account, select the stock from your holdings that you want to sell, choose the quantity, and sell the shares. IPO listings often bring profits for investors.

Ans. Based on the past 4 years of data, a significant number of IPOs have been profitable. However, stocks can be listed at a discounted price depending on the company's financial records and market conditions.

Ans. You can sell IPO shares fully or partially on the listing day itself. However, some investors prefer holding the shares for a longer duration if they believe in the company and its financials.

Ans. There is no definite way to predict IPO performance on the listing day as various uncertain conditions can affect it. However, the Grey Market Premium (GMP) of an IPO can provide a brief idea about its potential performance.

Disclaimer: The GMP is a speculative indicator and should not be considered as a guaranteed measure of IPO performance. Always perform your own research or consult with a financial advisor before making investment decisions.