Multibagger IPO: The year 2021 was a remarkable year for the public offering segment as 15 public offerings out of 63 initial public offerings (IPOs) listed on Indian exchanges turned out to be a multibagger IPO giving returns of up to 300 per cent to their allottees. Interestingly, out of these 15 multibagger public offerings, 11 were small in issue size. from 100 600 crores.
Here we are listing the top 5 multibagger IPOs of 2021:
1]Nureka: public issue eligible Healthcare and wellness product distributors hit primary markets in February with company’s Rs 100 crore price band from 396 400 per equity share. Nureca’s shares are listed at: 634.95 on BSE and 615 more Nureka share price on NSE today 1999 per share on NSE. Hence, the share price of Neureca has risen by over 300 per cent post listing and has given nearly 400 per cent return to the allottees as the upper price band of the public issue. 400 per.
2]Paras Defense and Space Technologies: Defense and Space Technologies shares listed on Indian exchanges on 1 October 2021 475 more on BSE 469 o0n NSE against its issue price from 165 175 per equity share. public issue eligible 170.78 crores is giving excellent returns to its allottees since its inception in the primary markets. Defense Stock Closed 744.50 per share level on NSE. Stock has been under selling pressure after hitting an all-time high 1,258.20 per share level.
3]MTAR Technologies: The public offering of the leading national player in the precision engineering industry entered the primary market in March 2021 at the price band of Rs. from 574 575 per equity share. public offering 596.41 crore opened on BSE 1,063.90 and on 1,050 per equity share on NSE. MTAR Technologies share price closed at 2461 on the NSE as on 31 December 2021, is nearly 150 per cent higher than its listing price, while its share price is 4.28 times above its upper price band. 175 per equity share.
4]Lakshmi Organic Industries: The public issue of the specialty chemical manufacturer company came in the primary market in March 2021 at the price band 129 to 130 per equity share. Shares of Lakshmi Organic are listed on BSE 156.20 While it is listed on NSE 155.50 per share level. laxmi organic share price today 431.25 per share on NSE, up nearly 200 per cent against its listing price and around 3.30 times its upper price band. 130 per equity share.
5]Neither Easy Trip Planners nor EaseMyTrip: At which price band did the public issue of the second largest online travel agency in India in terms of gross revenue hit the Indian primary markets in March 2021? since 186 187 per equity share. public issue eligible 510 crore listed on BSE 206 while it is listed on NSE 212.25 per share. EaseMyTrip share price today 538.50, approximately 2.60 times its listing price while it is 2.90 times its issue price.
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