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NSE IPO Listing: How Four Major Offerings Debuted

NSE IPO Listing: How Four Major Offerings Debuted
NSE IPO listing on September 24: How 5 largest IPOs fared on market debuts · businesstoday.in

The article compares how four large Indian IPOs performed when they first entered the stock market.

An IPO is when a company sells shares to the public for the first time.

LIC raised the most money among the four, but its shares fell on the first day.

Paytm’s parent company also had a weak debut and ended the day well below its IPO price.

Tata Capital began trading close to the price investors paid.

Coal India had the strongest first-day performance, rising sharply above its issue price.

The article says Paytm’s stock later fell much lower but subsequently became a multibagger.

It also says Coal India has remained a consistent dividend payer, while Tata Capital was only marginally above its IPO price at around Rs 340.

Key facts

Offerings covered
Four IPOs are detailed, despite the headline referring to five.
Largest fundraising
Life Insurance Corporation of India raised Rs 20,557 crore.
Weakest first-day close
One 97 Communications ended its debut session 27.4% below its IPO price.
Strongest debut
Coal India ended its first session nearly 40% above its issue price.
Tata Capital IPO
Tata Capital raised Rs 15,512 crore and listed at Rs 330 against an IPO price of Rs 326.
LIC listing
LIC listed at Rs 867.20 and closed its first session at Rs 875.25.
Coal India listing
Coal India issued shares at Rs 245, listed at Rs 291 and closed at Rs 342.55.

Sources

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