This has been the year of IPOs (Initial Public Offerings). Not only have we seen numerous renowned companies like Paytm, Policy Bazaar and Zomato, IRFC and Nykaa getting listed, but many performed brilliantly to give handsome returns to investors. This is not to say that there have not been IPOs in 2021 with discount listing. However, initial public offerings with premium listings outnumber the ones at a discount, and by a good margin. Thus, the investor sentiment is high and they expect to make good returns from IPOs in the near future as well. Now you might be wondering what the IPOs with highest listing gains in 2021 are?! Check these out below:
| S.No. | IPOs with Highest Listing Gains |
| 1. | Sigachi Industries |
| 2. | Latent View Analytics Limited |
| 3. | Tatva Chintan Pharma Chem Ltd |
| 4. | Indigo Paints Limited |
| 5. | FSN E-Commerce Ventures Limited (Nykaa) |
Best Performing IPOs of 2021
Sigachi Industries
- Listing Day Gain (%): 270
- Issue Price: ₹163
- Listing Day Closing Price: ₹603
- Current Market Price: ₹407
Sigachi Industries is not only the IPO with the highest listing gains in 2021, but also the best performing public offering of a decade. This stock smashed all records to make the best debut of any IPO in 13 years, almost quadrupling investors’ money. The 26-crore Burnpur Cement IPO holds the record for the highest listing gains in India, debuting at a premium of 286%. Sigachi Industries’ IPO to raise ₹125 crores accumulated bids of about ₹12750 crores, with a 102x subscription. The company manufactures MCC or Microcrystalline Cellulose which is extensively used by the pharmaceutical industry as an excipient for finished dosages.
Latent View Analytics Limited
- Listing Day Gain (%): 148
- Issue Price: ₹197
- Listing Day Closing Price: ₹488
- Current Market Price: ₹630
The 600-crore public offering of Latent View Analytics Limited opened with a bang on 10th November 2021, and was fully subscribed within just 45 minutes. By the end of the third day, it had garnered the largest ever subscription to any IPO in India. While non-institutional investors bid 850x, qualified institutional investors applied for 145x of the portion set aside for them. times and that of retail investors saw 119.44 times subscription. Retail investors were equally enthused about the offering and applied for almost 120 times their quota, taking the overall subscription to 326.49x, highest ever for any offering in India.
Tatva Chintan Pharma Chem Ltd
- Listing Day Gain (%): 113
- Issue Price: ₹1083
- Listing Day Closing Price: ₹2310
- Current Market Price: ₹2500
Tatva Chintan Pharma Chem is another company that doubled investors’ money with its listing. The stock debuted at ₹2111 before zooming to ₹2310 by the end of the day. Listed on 29th July 2021, it posted the highest listing gains of any IPO in the first seven months of 2021. Not just that, it also garnered a subscription of 180x, second highest of the year till then after MTAR Technologies. It is a chemical manufacturing company dealing in phase transfer catalysts (PTCs), structure-directing agents (SDAs), and electrolyte salts for supercapacitor batteries, along with pharmaceutical and agrochemical intermediates.
Indigo Paints Limited
- Listing Day Gain (%): 109
- Issue Price: ₹1490
- Listing Day Closing Price: ₹3118
- Current Market Price: ₹2066
The 5th largest company in the decorative paint space, Indigo Paints made a stellar debut at a premium of 75% over the issue price. Moreover, the stock soon hit the 20% upper circuit on the listing day, adding to the already massive returns for fortunate investors who were allotted the shares. The company has a proven track record with a 42% CAGR growth rate over the financial year 2010 to 2019, whereas other prominent companies have a CAGR of around 12-13% over the same time period.
Read more: Most successful investors in India
FSN E-Commerce Ventures Limited (Nykaa)
- Listing Day Gain (%): 96
- Issue Price: ₹2206
- Listing Day Closing Price: ₹1125
- Current Market Price: ₹2113
After debuting at ₹2,018 with a premium of 79% over the issue price, the stock continued to rally through the day, taking the listing gains to 96 per cent. The cosmetic company has a market cap of over ₹1 lakh crore, having surpassed the likes of Britannia, IRCTC, Jubilant Food and Coal India. It was founded in 2012 by former investment banker Falguni Nayar. In its initial days, the company sold domestic and international cosmetics and grooming products, before expanding into fashion, domestic supplies and pet care.
Read more: Costliest shares in India in 2021
Many big names such as LIC, Go First (previous GoAir) airlines, Adani Wilmar and more are also scheduled to launch IPOs in the near future.
Disclaimer: The current market prices mentioned above were recorded at the end of 10th Dec 2021, and are subject to change.