Listed IPO - Recently Closed IPO

Easy Trip Planners Limited

Mar 8, 2021 – Mar 10, 2021

Mainboard Listed

Offer Price ₹₹186-187

Subscription 160.19x

Issue Size Offer for sale: 2,72,72,727 Equity shares(aggregating up to ₹510.00 Cr)

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MTAR Technologies Limited

Mar 3, 2021 – Mar 5, 2021

Mainboard Listed

Offer Price ₹₹574-575

Subscription 200.79x

Issue Size 10,372,419 Eq Shares of ₹10 (aggregating up to ₹596.41 Cr) #Fresh Issue: 2,148,149 Eq Shares of ₹10(aggregating up to ₹123.52 Cr) #Offer for Sale 8,224,270 Eq Shares of ₹10 (aggregating up to ₹472.90 Cr)

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Heranba Industries Limited

Feb 23, 2021 – Feb 25, 2021

Mainboard Listed

Offer Price ₹₹626-627

Subscription 83.29x

Issue Size Total Equity Shares 99,71,929 of ₹10/- at price of ₹626/- to ₹627/- with aggregating up to ₹625.24/- Cr # Fresh Issue of 9,56,938 Equity Shares of ₹10/- at price of ₹626/- to ₹627/- with aggregating up to ₹60/- Cr # Offer for Sale of 90,15,000 Equity Shares of ₹10/- at price of ₹626/- to ₹627/- with aggregating up to ₹565.24/- Cr

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RailTel Corporation of India Limited

Feb 16, 2021 – Feb 18, 2021

Mainboard Listed

Offer Price ₹₹93-94

Subscription 42.39x

Issue Size Offer for Sale of 8,71,53,369 Equity Shares of ₹10/- at price of ₹93/- to ₹94/- with aggregating up to ₹819.24/- Cr

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Nureca Limited

Feb 15, 2021 – Feb 17, 2021

Mainboard Listed

Offer Price ₹396 - 400

Subscription 39.91x

Issue Size Fresh Issue of 25,00,000 Equity Shares of ₹10/- at price of ₹396/- to ₹400/- with aggregating up to ₹100.00/- Cr

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Brookfield India Real Estate Trust REIT

Feb 3, 2021 – Feb 5, 2021

Mainboard Listed

Offer Price ₹274-275

Subscription 7.97x

Issue Size Total Equity Shares 13,81,81,818 of ₹10/- at price of ₹274/- to ₹275/- with aggregating up to ₹3800.00/- Cr # Fresh Issue of 13,81,81,818 Equity Shares of ₹10/- at price of ₹274/- to ₹275/- with aggregating up to ₹3800.00/- Cr

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Stove Kraft

Jan 25, 2021 – Jan 28, 2021

Mainboard Listed

Offer Price ₹384-385

Subscription 18.03x

Issue Size [.] Eq Shares of ₹10 (aggregating up to ₹412.63 Cr) Fresh Issue [.] Eq Shares of ₹10 (aggregating up to ₹95.00 Cr) Offer for Sale 8,250,000 Eq Shares of ₹10 (aggregating up to ₹[.] Cr)

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Home First Finance Company India Limited

Jan 21, 2021 – Jan 25, 2021

Mainboard Listed

Offer Price ₹517-518

Subscription 26.66x

Issue Size 2,22,72,586 Eq Shares of ₹2(aggregating up to ₹1,153.72 Cr) Fresh Issue: 51,15,830 Eq Shares of ₹2 (aggregating up to ₹265.00 Cr) Offer for Sale: 1,71,56,756 Eq Shares of ₹2 (aggregating up to ₹888.72 Cr)

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Indigo Paints Ltd

Jan 20, 2021 – Jan 22, 2021

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

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Indian Railway Finance Corporation

Jan 18, 2021 – Jan 20, 2021

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)

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Antony Waste Handling Cell Limited

Dec 21, 2020 – Dec 23, 2020

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)

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Mrs. Bectors Food Specialities Limited

Dec 15, 2020 – Dec 17, 2020

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

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Burger King India Limited

Dec 2, 2020 – Dec 4, 2020

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)

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Gland Pharma Limited

Nov 9, 2020 – Nov 11, 2020

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)

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Equitas Small Finance Bank Ltd

Oct 20, 2020 – Oct 22, 2020

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

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Likhitha Infrastructure Ltd

Sep 29, 2020 – Oct 7, 2020

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)

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Mazagon Dock Shipbuilders Limited

Sep 29, 2020 – Oct 1, 2020

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))

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UTI Asset Management Company Ltd

Sep 29, 2020 – Oct 1, 2020

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))

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Angel Broking Ltd

Sep 22, 2020 – Sep 24, 2020

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

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Chemcon Speciality Chemicals Limited

Sep 21, 2020 – Sep 23, 2020

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)

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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:

Trading Begins

Shares become available for trading with a unique ticker symbol

Price Discovery

Opening prices set based on investor demand

Investor Decisions

Allotted investors can hold or sell shares

Public Trading

Shares become liquid for public trading

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

Click the allotment tab from the top menu.
Log in to your account.
Select the IPO from the dropdown list.
Add account or click "Check Allotment" if accounts are already added.
View status beside the respective account.

Steps to Check on App

Tap the allotment icon in the bottom bar of IPO Ji app.
Log in to your account.
Select the IPO from the dropdown list.
Add account or click "Check Allotment" if accounts are already added.
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.