Listed IPO - Recently Closed IPO

IPO
NTPC Green Energy

Offer Date: Nov 19, 2024 - Nov 22, 2024

Mainboard Listed

Offer Price

102-108

Subscription

2.42 times

Closing Price

90.34 (-16.35%)
Listing Price : ₹111.5 at a Premium of 3.24%
NSE : NTPCGREEN BSE : 544289
IPO
Zinka Logistics Solution (BlackBuck)

Offer Date: Nov 13, 2024 - Nov 18, 2024

Mainboard Listed

Offer Price

259-273

Subscription

1.86 times

Closing Price

644.45 (136.06%)
Listing Price : ₹280.9 at a Premium of 2.89%
NSE : BLACKBUCK BSE : 544288
IPO
Niva Bupa Health Insurance

Offer Date: Nov 7, 2024 - Nov 11, 2024

Mainboard Listed

Offer Price

70-74

Subscription

1.80 times

Closing Price

75.00 (1.35%)
Listing Price : ₹78.14 at a Premium of 5.59%
NSE : NIVABUPA BSE : 544286
IPO
ACME Solar Holdings

Offer Date: Nov 6, 2024 - Nov 8, 2024

Mainboard Listed

Offer Price

275-289

Subscription

2.75 times

Closing Price

229.90 (-20.45%)
Listing Price : ₹251 at a Discount of 13.15%
NSE : ACMESOLAR BSE : 544283
IPO
Swiggy

Offer Date: Nov 6, 2024 - Nov 8, 2024

Mainboard Listed

Offer Price

371-390

Subscription

3.59 times

Closing Price

412.40 (5.74%)
Listing Price : ₹420.0 at a Premium of 7.69%
NSE : SWIGGY BSE : 544285
IPO
Sagility India

Offer Date: Nov 5, 2024 - Nov 7, 2024

Mainboard Listed

Offer Price

28-30

Subscription

3.18 times

Closing Price

50.85 (69.5%)
Listing Price : ₹31.06 at a Premium of 3.53%
NSE : SAGILITY BSE : 544282
IPO
Afcons Infrastructure

Offer Date: Oct 25, 2024 - Oct 29, 2024

Mainboard Listed

Offer Price

440-463

Subscription

2.77 times

Closing Price

399.80 (-13.65%)
Listing Price : ₹426 at a Discount of 7.99%
NSE : AFCONS BSE : 544280
IPO
Godawari Biorefineries

Offer Date: Oct 23, 2024 - Oct 25, 2024

Mainboard Listed

Offer Price

334-352

Subscription

1.83 times

Closing Price

262.54 (-25.41%)
Listing Price : ₹308 at a Discount of 12.50%
NSE : GODAVARIB BSE : 544279
IPO
Waaree Energies

Offer Date: Oct 21, 2024 - Oct 23, 2024

4.5 Mainboard Listed

Offer Price

1427-1503

Subscription

76.34 times

Closing Price

2,965.00 (97.27%)
Listing Price : ₹2500 at a Premium of 66.33%
NSE : WAAREEENER BSE : 544277
IPO
Deepak Builders & Engineers India

Offer Date: Oct 21, 2024 - Oct 23, 2024

3.5 Mainboard Listed

Offer Price

192-203

Subscription

41.53 times

Closing Price

119.05 (-41.35%)
Listing Price : 200.0 at a Discount of 1.48%
NSE : DBEIL BSE : 544276
IPO
Hyundai Motor India

Offer Date: Oct 15, 2024 - Oct 17, 2024

Mainboard Listed

Offer Price

1865-1960

Subscription

2.37 times

Closing Price

2,297.50 (17.22%)
Listing Price : 1934 at a Discount of 1.33%
NSE : HYUNDAI BSE : 544274
IPO
Garuda Construction and Engineering

Offer Date: Oct 8, 2024 - Oct 10, 2024

Mainboard Listed

Offer Price

92-95

Subscription

7.55 times

Closing Price

205.50 (116.32%)
IPO
Diffusion Engineers

Offer Date: Sep 26, 2024 - Sep 30, 2024

3.5 Mainboard Listed

Offer Price

159-168

Subscription

114.50 times

Closing Price

310.20 (84.64%)
IPO
KRN Heat Exchanger and Refrigeration

Offer Date: Sep 25, 2024 - Sep 27, 2024

4 Mainboard Listed

Offer Price

209-220

Subscription

211.03 times

Closing Price

763.00 (246.82%)
IPO
Manba Finance

Offer Date: Sep 23, 2024 - Sep 25, 2024

3.5 Mainboard Listed

Offer Price

114-120

Subscription

215.96 times

Closing Price

137.21 (14.34%)

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

The IPOs which get listed on exchanges (BSE, NSE) are called listed IPOs and are open for trade to all kinds of investors, irrespective of allotments. An IPO is generally open for accepting applications for 3 working days. Once it gets listed on the exchanges, it comes under the category of a listed IPO.

How to check allotment?

Once the allotment of a respective IPO is out, you can easily check it on IPO Ji website / App.

Steps to check allotment on website:
Click on the allotment tab on the title bar.
Login to your account.
Select the IPO from the drop-down list.
Add Account / Click on "Check Allotment" if accounts are already added.
The status of your application will be visible beside the respective account.

Steps to check allotment on App:
Tap on the allotment icon in the bottom bar of the IPO Ji App.
Login to your account.
Select the IPO from the drop-down list.
Add Account / Click on "Check Allotment" if accounts are already added.
The status of your application will be visible beside the respective account.

Note: You can check the allotment status of your application on IPO Ji even if you haven't applied for the IPO through IPO Ji.

What is an IPO refund?

An IPO refund is the money that an investor gets back if their application for shares in an IPO is not successful, either partially or completely. If you don't get a full allotment or if your application is rejected, then the extra money you have paid or the entire amount invested is returned to your bank account.

FAQs

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.