IPO Performance Tracker
Indian Equity markets have seen an issue of Rs 17,984.17 crore through IPO since the month of January 2021 till 10th March 2021. With the favourable market conditions and equity market reaching new high levels, it was the perfect time for the companies to roll out the IPOs.
In the IPO performance tracker we have compared the current market price to the issue price for investors to track their IPO investments.Many fundamentally strong IPOs have made significantly strong listing gains like Indigo paints (109.31%), MTAR (88%), and many other IPOs have also given good gains in this euphoric market as can be seen in the table. Current market prices are also compared with offer price to calculate gains linked to market price and thus providing investors a more real picture of their investments.
|Issuer Name||Offer price (Upper Band)||Listing Day Closing Price||Listing Gain||Current Market price as on 29th April 2021||Gains linked to market price||Classification||IPO launch date||IPO Size|
|Indigo Paints||1490||3118.65||109.31%||2336.35||56.80%||Top performing||Jan 20- Jan 22||1176.00|
|MTAR Technologies||575||1082.25||88.22%||940.55||63.57%||Top performing||Mar 3- Mar 5||597.00|
|Nureca||400||666.65||66.66%||1273.10||218.28%||Top performing||Feb 15-Feb 17||100.00|
|Nazara Technologies||1101||1576.80||43.22%||1746.00||58.58%||Top performing||Mar 17- Mar 19||582.91|
|Heranba Industries||627||812.25||29.55%||700.35||11.70%||Average||Feb 23-Feb 25||625.00|
|RailTel||94||121.40||29.15%||122.00||29.79%||Average||Feb 16- Feb 18|
|Laxmi Organics||130||164.60||26.62%||209.80||61.38%||Top Performing||Mar 15- Mar 17||600.00|
|Barbeque Nation||500||590.40||18.08%||634.20||26.84%||Average||Mar 24- Mar 26||452.87|
|Stove Kraft||385||445.95||15.83%||465.40||20.88%||Average||Jan 25-Jan 28||412.63|
|Easy Trip Planners||187||208.30||11.39%||187.65||0.35%||Laggard||Mar 8-Mar10||510.00|
|Home First Finance||518||527.40||1.81%||478.55||-7.62%||Laggard||Jan 21-Jan 25||1153.72|
|Brookefield REIT||275||269.96||-1.83%||241.80||-12.07%||Laggard||Feb 3- Feb 5||3800.00|
|Craftsman Automation||1490||1433.00||-3.83%||1360.30||-8.70%||Laggard||Mar 15- Mar 17||823.70|
|IRFC||26||24.90||-4.23%||21.20||-18.46%||Laggard||Jan 18- Jan 20||4633.00|
|Anupam Rasayan||555||525.90||-5.24%||631.70||13.82%||at par||Mar 12- Mar 16||760.00|
|Suryoday SFB||305||276.20||-9.44%||249.90||-18.07%||Laggard||Mar 17- Mar 19||582.34|
|Kalyan Jewellers||87||75.30||-13.45%||61.20||-29.66%||Laggard||Mar 16- Mar 18||1175.00|
It can be seen from the table that public offers with low or no listing gains are still trading at prices below their offer price. Hence the investors should invest in an IPO after analysing the company and its financial performance for a couple of years. They may also track the GMP (grey market premium ) prevailing in the market. However it is worth to note that strong GMP do not guarantee strong listing gains. Check upcoming IPO list.