Archive · 25 Sep 2026
Hero Motors, SS Retail, Jindal Supreme Shares Surge After IPOs
Several newly listed companies saw their shares rise sharply above their IPO prices.
SS Retail started trading at Rs 639.10, much higher than its IPO price of Rs 424.
Its shares later reached Rs 870.
Jindal Supreme also began trading above its IPO price and reached Rs 141.09.
The report says gains across Hero Motors, SS Retail and Jindal Supreme reached as much as 105% in three days.
One analyst said investors seeking quick listing gains could consider taking some profits.
Another said long-term investors should study sales, profits, expansion and cash flow.
The future performance of these companies will depend on how well their businesses grow and execute their plans.
Hero Motors, SS Retail and Jindal Supreme shares surged by as much as 105% over their IPO prices in three days.
SS Retail listed on the BSE at Rs 639.10, a 50.73% premium to its Rs 424 issue price.
SS Retail rose 7.11% on Friday to Rs 870, representing a 105.19% gain over its IPO price.
Jindal Supreme listed at Rs 121.90, up 31.08% from its Rs 93 issue price, and later reached Rs 141.09.
Analysts advised profit-taking for short-term investors while urging long-term investors to monitor company performance and valuations.
- Who
- Hero Motors, SS Retail and Jindal Supreme, along with analysts Kranthi Bathini and Ravi Singh.
- What
- The three companies’ shares rose sharply above their IPO prices after listing, with SS Retail gaining 105.19% at its reported high.
- When
- The gains were reported over three days, including trading on Friday.
- Where
- SS Retail and Jindal Supreme traded on the Bombay Stock Exchange; the article does not specify the exchange for Hero Motors.
- Why
- The companies attracted strong market interest after their debuts, while their longer-term valuations depend on business growth, profitability and cash generation.
Short-Term Profit-Taking View
Long-Term Business-Tracking View
Response to sharp gains
Short-Term Profit-Taking View
Kranthi Bathini said investors who invested for listing-day gains could consider booking some profits.
Long-Term Business-Tracking View
Ravi Singh said long-term investors may still find SS Retail’s underlying business relevant if it delivers sustained revenue and earnings growth.
What investors should monitor
Short-Term Profit-Taking View
Investors should avoid relying solely on strong debut performance and should wait for results over a couple of quarters, along with management commentary.
Long-Term Business-Tracking View
Investors should track company-specific indicators such as revenue growth, same-store sales, margins, store expansion, order execution, capacity expansion, profitability and cash flow.
Hero Motors outlook
Short-Term Profit-Taking View
Singh suggested fresh investors in Hero Motors might wait for price stability after its sharp rise.
Long-Term Business-Tracking View
The company could benefit from electric-drive motor market growth, but its outlook depends on sustaining growth and improving profitability and cash generation.
- SS Retail IPO price
- Rs 424
- SS Retail listing price
- Rs 639.10 on the BSE
- SS Retail listing premium
- 50.73% above its IPO price
- SS Retail reported high
- Rs 870, or 105.19% above its IPO price
- Jindal Supreme IPO price
- Rs 93
- Jindal Supreme listing price
- Rs 121.90, up 31.08% from its IPO price
- Jindal Supreme reported high
- Rs 141.09, or 51.71% above its IPO price