Archive · 22 Sep 2026
NSE IPO Listing: How Four Major Offerings Debuted
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.
LIC raised Rs 20,557 crore in 2022 and ended its first trading day nearly 7.75% below its IPO price.
One 97 Communications raised Rs 18,300 crore in 2021 and closed its debut session 27.4% below its issue price.
Tata Capital raised Rs 15,512 crore in October 2025 and finished its first session almost unchanged from its IPO price.
Coal India raised Rs 15,200 crore in 2010, listed at an 18.77% premium and ended its first session nearly 40% above the issue price.
Although the headline refers to five largest IPOs, the article provides details for only four offerings.
- Who
- Life Insurance Corporation of India, One 97 Communications, Tata Capital and Coal India.
- What
- The article compares the IPO fundraising amounts and first-day stock-market performances of four large offerings.
- When
- The referenced listing date is September 24; the individual IPOs were launched in 2010, 2021, 2022 and October 2025.
- Where
- The offerings were listed on the Indian stock market.
- Why
- To show how the largest IPOs performed when they made their market debuts and afterward.
- 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.