Updated: Feb 13
There has been a Boost in recent times for IPO issues. A total of 9 IPOs has been completed during the pandemic time and many more are lined up a few of the famous names such as LIC, HDB, NSE & BurgerKing are also expected to launch their IPOs in 2020. And IPO subscription has also touched the roof for many of the IPOs as there is a liquidity push in the overall market, majorly by retail participants.
Let's get a Performance Check Of all 9 IPOs
Recent IPO (Business In One Sentence)
Rossari Biotech Ltd.: Textile and specialty chemical manufacturer, diversified into animal health and nutrition, home, personal care, and performance chemicals markets. (79.37x)
Happiest Minds Technologies Ltd.: IT Company majorly dealing in data science, cloud computing, and other consulting. (150.98x)
Route Mobile Ltd.: Leading Cloud Communication Platform provider, catering to enterprises, over-the-top (OTT) players, and mobile network operators (MNO). (73.3x)
Chemcon Speciality Chemical Ltd.: Chemical Manufacturer Dealing majorly in Completion Brines, calcium bromide, sodium bromide, and Zinc Bromide. (149.3x)
Computer Age Management Services Ltd.: Mutual Fund Transfer Agency to the Indian Asset Management Companies, basically handling all Back-office work. (46.99x)
Angel Broking Ltd.: Stockbroking firm. (3.94x)
UTI Asset Management Company Ltd.: Asset management, handling funds, and generating returns for investors. (2.31x)
Mazagon Dock Shipbuilders Ltd.: Manufactures warships and submarines for the Indian Navy and offshore platforms and associated support vessels for offshore oil drilling. (157.41x)
Likhitha Infrastructure Ltd.: Building Oil & Gas Pipelines Network, City Gas Distribution Projects, and Operation and Maintenance (O & M) Services. (9.51x)
*Listing price is the closing price for that day
*LTP is the closing price as on 17/10/2020
It was one of the best IPO seasons And let us hope the upcoming IPOs also perform well.