LARGEST IPOs IN INDIA

 Only 3 of the 10 largest Indian IPOs have delivered listing gains

Published By Veerang Vats | 24 Oct, 2024

India's IPO landscape is a mix of successes and failures. While some of the largest IPOs have delivered impressive listing gains, most have fallen short of expectations. 

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DLF 

Raised <span class='webrupee'>₹</span>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.

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Reliance Power

Raised <span class='webrupee'>₹</span>11,563 crore from IPO in 2008, and saw a 17.22% listing day loss, indicating investor concerns about the company's growth prospects.

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Coal India 

Raised <span class='webrupee'>₹</span>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.

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GIC

Raised <span class='webrupee'>₹</span>11,175 crore from IPO in 2017, and experienced a 4.56% listing day loss, reflecting market sentiment at the time.

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New India Assurance

Raised <span class='webrupee'>₹</span>9,600 crore from IPO in 2017, and suffered a 9.37% listing day loss, highlighting investor caution towards the insurance sector.

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SBI Cards

Raised <span class='webrupee'>₹</span>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.

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Zomato

Raised <span class='webrupee'>₹</span>9,375 crore from IPO in 2021 and delivered a strong 65.59% listing day gain, reflecting investor enthusiasm for the food delivery platform.

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Paytm

Raised <span class='webrupee'>₹</span>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.

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LIC

Raised <span class='webrupee'>₹</span>21,008 crore, but investors were disappointed with a 7.75% listing day loss. The underperformance can be attributed to various factors, including valuation concerns and market sentiment.

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Hyundai India 

The largest IPO in India, raising <span class='webrupee'>₹</span>27,870 crore, unfortunately saw a significant 7.16% listing day loss. This underscores the challenges faced by large-scale IPOs.

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