Scribd Logo
Upload

Welcome to Scribd!

  • Largest IPOs in India Performance and Factors Behind Failed IPO

    Uploaded by

    Haunter khan
    67 views4 pages
    The document provides details on 10 of the largest IPOs in India including their listing date, issue price, listing day close price and gain, current price and profit/loss percentage. It also provides subscription details for the recent IRCTC IPO including shares offered to different investor categories and their subscription levels. Finally, it summarizes 4 key reasons for the failure of Reliance Power's IPO, including that the company had no assets/cash flow, it relied on the Reliance brand name and market euphoria, and its listing was overshadowed by the global financial crisis when investor sentiment turned bearish.

    Original Description:

    ipo

    Original Title

    ipo

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The document provides details on 10 of the largest IPOs in India including their listing date, issue price, listing day close price and gain, current price and profit/loss percentage. It also provides subscription details for the recent IRCTC IPO including shares offered to different investor categories and their subscription levels. Finally, it summarizes 4 key reasons for the failure of Reliance Power's IPO, including that the company had no assets/cash flow, it relied on the Reliance brand name and market euphoria, and its listing was overshadowed by the global financial crisis when investor sentiment turned bearish.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    67 views4 pages

    Largest IPOs in India Performance and Factors Behind Failed IPO

    Uploaded by

    Haunter khan
    The document provides details on 10 of the largest IPOs in India including their listing date, issue price, listing day close price and gain, current price and profit/loss percentage. It also provides subscription details for the recent IRCTC IPO including shares offered to different investor categories and their subscription levels. Finally, it summarizes 4 key reasons for the failure of Reliance Power's IPO, including that the company had no assets/cash flow, it relied on the Reliance brand name and market euphoria, and its listing was overshadowed by the global financial crisis when investor sentiment turned bearish.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 4

    All time Largest IPOs in India

    IPO Performance
    Current
    Listing Day Listing Day Price(as of
    Company Name Listed On Issue Price Close gain 18/10/2019 Profit/Loss
    1 Avenue Supermart 21-03-2017 299 640.75 114.30% 1924.85 543.76%
    2 HDFC Life 17-11-2017 290 344.25 18.71% 608.45 109.81%
    3 HDFC AMC 06-08-2018 1100 1815.15 65.01% 2882.65 162.06%
    IRCON International
    4 Ltd 28-09-2018 475 416.65 -12.28% 381.15 -19.76%
    Metropolis
    5 Healthcare Limited 15-04-2019 880 959.55 9.04% 1364.4 55.05%
    Polycab India
    6 Limited 16-04-2019 538 655 21.75% 723.6 34.50%
    IndiaMART
    7 InterMESH Limited 04-07-2019 973 1302.55 33.87% 2020.4 107.65%
    8 Affle (India) Limited 08-08-2019 745 875.1 17.46% 1197.9 60.79%
    Sterling and Wilson
    9 Solar Ltd 20-08-2019 780 725.35 -7.01% 596.7 -23.50%

    10 IRCTC Limited 14-10-2019 320 728.6 127.69% 779.15 143.48%


    Issue price ₹315 - Minimum order
    ₹320 Per Equity quantity is 40 Shares
    Share. per application

    IRCTC IPO

    20,160,000 Equity
    Aggregating up to
    shares of the face
    ₹645.12 Crores.
    value of ₹10

    No. of Times Issue Subscribed


    QIB(Qualified NII(Non RII( Retail
    Institutional Institutional Individual
    Buyers) Investors) Investors) Employee
    Shares
    Offered 1,00,00,000 3000000 70,00,000 1,60,000
    Oct 3,
    2019 108.79x 354.52x 14.83x 5.81x
    Why Did Reliance Power IPO failed?

    1 Reliance Power was a new company. It had almost no assets and cash flow.

    2
    It was riding on the Reliance brand name and also the euphoria in India's stock markets
    Most of the investors offload their shares on the listing day for a premium.

    3 The IPO was overshadowed by the 07–08 Subprime financial crisis in the US

    4 Feb 11 when the IPO listed Sensex fell 4000 points , so the investors mood was bearish.

    You might also like