Only 3 of the 10 largest Indian IPOs have delivered listing gain
Indian's IPO landscaper is a mix of successes and failures. While some of the largest IPOs have delivered impressive listing gains, most have fallen short of expectations.
Raised ₹ 9,187 crore from IPO in 2007 and achieved an 8.58% listing day gain, showcasing the market's confidence in the real estate giant.
DLF
Raised ₹ 11,563 crore from IPO in 2008, and saw a 17.22% listing day loss, indicating investor concerns about the company's growth prospects.
RELIANCE POWER
Raised ₹ 15,199 crore from IPO in 2010 and saw a remarkable 39.73% listing day gain, making it one of the most successful IPOs in India.
COAL INDIA
Raised ₹ 11,175 crore from IPO in 2017, and experienced a 4.56% listing day loss, reflecting market sentiment at the time.
GIC
Raised ₹ 9,600 crore from IPO in 2017, and suffered a 9.37% listing day loss, highlighting investor caution towards the insurance sector.
NEW INDIA ASSURANCE
Raised ₹ 10,354 crore from IPO in 2020, and saw a 9.51% listing day loss, potentially due to market volatility and concerns about the credit card industry.
SBI CARDS
Raised ₹ 9,375 crore from IPO in 2021 and delivered a strong 65.59% listing day gain, reflecting investor enthusiasm for the fooddelivery platform.
ZOMATO
Raised ₹ 18,300 crore from IPO in 2021, and suffered a substantial 27.25% listing day loss, reflecting market skepticism about the fintech company's valuation.
PAYTM
Raised ₹21,008crore, but investors were disappointed with a 7.75% listing day
loss. The under performance can be attributed to various factors, including valuation concerns and market sentiment.
LIC
The largest IPO in India, raising ₹27,870 crore, unfortunately saw a significant 7.16% listing day loss. This underscores thechallenges faced by large scale IPOs.