New Delhi . IPOs launched by a large number of companies in India in 2024. Many of these were startups, whose IPOs have given strong returns to investors.
The IPO of insurance startup Go Digit came in May 2024. The size of this IPO was Rs 2,614 crore. Its price band was from Rs 258 to Rs 272. On December 19, the share closed at Rs 331. The stock has so far given a return of about 21 percent to investors from the IPO price.
The IPO of office space startup Office Space Solutions came in May. The size of this IPO was Rs 599 crore. Its price band was fixed at Rs 364 to Rs 383. This share was listed at Rs 432. The share had closed at Rs 725 on December 19. Till now the stock has given returns of about 90 percent to investors.
The IPO of Ixigo (LE Travelnews Technology Limited), a startup providing travel solutions, came in June this year. The issue size of this IPO was Rs 740 crore. Its price band was between Rs 88 to Rs 93. The share had closed at Rs 158 on December 19. The stock has so far given a return of 69 percent to investors from its IPO price.
The IPO of Jinka Logistics Solutions Limited came in November. The price band of this IPO was Rs 259 to Rs 273 per share. Its public issue size was Rs 1,114 crore. This public issue was listed on the National Stock Exchange (NSE) at Rs 280. This share had closed at Rs 498 on December 19. So far this stock has given 82 percent return to investors.
The IPO of FirstCry (BrainBiz Solutions) came this August. Its price band was from Rs 440 to Rs 465. The size of this public issue was Rs 4,193 crore. On December 19, FirstCry shares closed at Rs 606. So far the stock has given 30 percent return to its investors.
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Image Credit: KhasKhabar.