IPO Review: 25 companies hit Dalal Street in March with two more set to list; a look at the top performers

Posted on:
Key Points

In March alone, 25 companies have debuted on Dalal Street, with an additional two slated for listing by the end of the month, bringing the total new listings to 27. ..

Out of the 25 companies that debuted in March 16 are SMEs, indicating a notable influx of smaller enterprises into the market..

Among the top performers in the SME category entered in March, Owais Metal and Mineral Processing leads the pack, currently trading at 407 per share, marking a remarkable 368% increase from its IPO price of 87. ..

In the mainline category, Exicom Tele-Systems tops the list of March's best-performing companies, trading at 214 apiece, 51.1% above its IPO price of 142 per share..

The factors expected to sustain the buoyancy of the IPO market in FY2025 include increased domestic capital, improved governance, thriving Indian entrepreneurship, favourable government policies with FDI support, and diligent institutional investors," Mahavir Lunawat added..

Full story at mint | 

You might be interested in

Suzlon share price hits lower circuit after inclusion in ASM stage IV category

09, Oct, 23

Suzlon Energy shares after rising almost four folds in the last year, however, was locked in lower circuit on Monday, down almost 5%. The stock was put in Direct stage IV “ASM framework” with effect from October 9, 2023.

Read at mint Key Points

Flair share price hits 10% lower circuit after dream debut. Buy, wait or exit?

01, Dec, 23

Flair share price hitting lower circuit within few minutes of strong debut may put doubt among genuine investors, believes primary market expert Arun Kejriwal

Read at mint Key Points

Why Exxaro Tiles share price is skyrocketing today — explained

01, Sep, 23

Exxaro Tiles share price has ascended to the tune of near 50% in financial year 2023-24

Read at mint Key Points

Grey market buzz: IPOs set for strong listing

28, Nov, 23

Investors are set for strong gains from the listing of a slew of IPOs, which hit Dalal Street last week if the grey market premiums (GMP) are any indi

Read at Times Of India Key Points

Buy or sell: Sumeet Bagadia recommends three stocks to buy next week

30, Dec, 23

Buy or sell stocks: Sumeet Bagadia has recommended three stocks to buy on Monday — Hindustan Unilever Ltd (HUL), GMR Infra and UltraTech Cement

Read at mint Key Points

ASK Automotive IPO listing date today. GMP, experts predict 'decent' debut of shares

15, Nov, 23

ASK Automotive IPO GMP today: Grey market is signaling that ASK Automotive IPO listing price would be around ₹310 per share levels, say market observers

Read at mint Key Points

PNB share price hits 52-week high after ₹7,500 crore fundraise approval. Experts see more upside

29, Dec, 23

PNB share price has made strong base at ₹88 to ₹90 levels, say stock market experts

Read at mint Key Points

Multibagger IPO: SME stock gives 350% return to allottees in 15 months. ₹1.14 lakh turns to ₹5.52 lakh

18, Jan, 24

Multibagger IPO: The NSE SME issue was offered at a price band of ₹91 to ₹95 per equity share in October 2022

Read at mint Key Points

Flair share price to hit stock market today. GMP, experts signal strong debut of shares

01, Dec, 23

Flair IPO listing date today: Flair share price may list at a premium of ₹90 to ₹100 in stock market today, say experts

Read at mint Key Points

LIC share price surges nearly 4% today after 5-fold jump in Q4 net profit; stock still down 35% from IPO

25, May, 23

LIC shares jumped after strong quarterly results. But the stock is still down 35% from the IPO price of Rs 949 per share.

Read at Financialexpress Key Points