In the corona era, investors’ tendency towards the stock market has increased. At the same time, some public investors are keeping an eye on the initial public offering (IPO). Over the past few months, there have been many such companies ’IPOs, which have doubled investor money with the list.
Tatva Chintan IPO: Tatva Chintan Pharma Chem, a specialty chemical manufacturing company, is listed on the NSE and BSE on 29 July 2021. The successful bidders of this company’s IPO received a 95 percent listing premium. Shares of Philosophy are listed at Rs 2,111.80 on the BSE and Rs 2,111.85 on the NSE. Let us tell you that Tatva Chintan Pharma Chem’s IPO was open from July 16 to 20. This 500 crore IPO has been subscribed nearly 180 times in the last day.
GR Infra IPO: Engineering company GR Infra shares are listed on the NSE and BSE on 19 July 2021. Its successful bidders received a 100 percent listing premium. The shares of GR Infra are listed at Rs. 1700 on the BSE and Rs 1,715.85 on the NSE. Its IPO subscribed 102.58 times its contribution.
Clean Science IPO: Shares of chemical manufacturer Clean Science were listed on the Indian markets on 19 July 2021. Shares are listed at Rs 1,784.40 on the BSE and Rs 1755 on the NSE. This company’s IPO has been subscribed 98 times.
Burger King IPO: On 14 December 2020, shares of India’s fastest growing restaurant chain were listed on the NSE and BSE. Burger King shares are listed at Rs 115.35 and Rs 112.50 on the BSE. The company generates about 92 percent of revenue for successful bidders.
Happy-minded IPO: Shares of Bangalore-based IT Company are listed on 17 September 2020. Shares of the company were trading at Rs 351 on the BSE and Rs 350 on the NSE. The successful bidder of the issue made a 111 percent return on the date it listed itself.
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Companies that take advantage of the opportunity: Last year, after the first lockdown due to Corona, there was a record drop in the stock market. Because of this, many companies ’IPOs could not come. However, now everything has changed and the market has recovered. According to experts, the company’s promoters are trying to take advantage of the rebound in the Indian market after Kovid-19. This is why companies that missed last year want to take advantage of the opportunity through the IPO.
Experts agree that the number of investors who invest only in IPOs has increased in number. He avoids taking advantage of the company’s IPO list.