Know about the IPOs that came in 2021 which created the most stir in the market

IPO’s Created Buzz In 2021: 2021 has been great for the Indian stock markets. This year the Sensex of the Mumbai Stock Exchange touched a record figure of 62,000, while the Nifty touched a record level of 18,604. But this year has also been great for IPOs of companies. In the current year, 63 companies have raised a record Rs 1,18,704 crore through IPO, which is 4.5 times more than last year.

The country’s leading startups and tech companies dominated in bringing IPO in 2021. Zomato, Laker Nykaa, Paytm, Policy Bazaar made a splash in the market through IPO. While some of these IPOs have given great returns to their investors, some have disappointed. Let us have a look at those five IPOs which created tremendous craze in the market.

1. Zomato

Online food delivery company Zomato brought its IPO. The company raised Rs 9,375 crore through IPO from the market. The IPO also got an overwhelming response from investors. The IPO was oversubscribed by more than 38 times. The listing of the company on the stock exchange was also very good. The IPO was listed at a premium of 53 per cent above the issue price and Zomato’s market capitalization crossed Rs 1 lakh crore. At present, Zomato is trading close to Rs 138 per share.

2. Nykaa

Online beauty e-commerce company Nykaa created the biggest stir in the IPO market. The company, started by investment banker Falguni Nair, came out with an IPO of Rs 5,352 crore. The IPO was oversubscribed almost 82 times. But Nykaa’s listing on the stock exchange was very bang. Nykaa got listed 79 percent above the IPO price. Currently Nykaa 2012 is trading at Rs.

3. PB Fintech (Policybazaar)

PB Fintech is an e-commerce company selling insurance policies online. PB Fintech raised Rs 5710 crore from IPO market through IPO. The IPO got subscribed almost 16 times. And PB Fintech was listed on the stock exchange at a premium rate of 17.35 percent. However, at present it is trading close to its issue price.

4. Paytm

Paytm, one of the country’s largest fintech companies, brought the biggest IPO in the country’s IPO history. Paytm raised Rs 18,300 crore from the market through IPO. However, the IPO did not get a very good response. The IPO got subscribed only 1.89 times. But the investors who had invested in the IPO were very disappointed as the stock listing of Paytm fell below its issue price. It is still trading around 38 per cent below its issue price.

5. Paras Defense and Space Technologies

Paras Defense and Space Technology came up with a small IPO. The company raised Rs 171 crore from the IPO. But the listing of Paras Defense was very good. The issue was oversubscribed 304 times and the stock got listed on the stock exchange at an increase of 171 per cent above the issue price.