IPOTOP 10 IPO These are the 10 largest IPOs in India

TOP 10 IPO These are the 10 largest IPOs in India

Investors have been waiting a long time for the IPO of the state insurance company. The insurance company plans to raise about Rs 21,000 crore through this IPO.

LIC IPO: The life expectancy of Life Insurance Corporation of India (LIC) investors is coming to an end. The LIC-Initial Public Offer (IPO) subscription will open on May 4th. The insurance company plans to raise about Rs 21,000 crore through this IPO.

Even before the IPO, there was a huge expectation among the people about this. This is evident from the fact that 6.48 policyholders have shown more interest in buying shares after LIC’s IPO announcement.

Meanwhile, the share issue, which is set to begin on May 4, is expected to be announced on May 9 as the closing date. The price has been increased from 902 rupees to 949 rupees.

BDM IPO: Prior to the LIC IPO, the country’s largest IPO was registered under the name One97 Communications, the parent company of Fintech platform BDM. The IPO came in November last year. Its total value is Rs 18,300 crore.

However, this IPO was not well received by investors. BDM shares were listed at Rs 1,955 with a 9 per cent discount compared to the issue price of Rs 2,150 in the IPO.

Coal India IPO: Coal India’s IPO came in 2010, after which the state-owned coal mining company raised over Rs 15,000 crore from the market through an IPO.

The IPO also received the support of investors. Following Coal India’s Rs 15,199 crore IPO, it was listed on the market at Rs 288 with a 17 per cent premium compared to its share issue price of Rs 245.

Reliance Power IPO: Anil Ambani’s Reliance Power Ltd. entered the market with an IPO in February 2008. Its IPO value is Rs 11,563 crore. Following the IPO, the company’s stock was listed at Rs 548 with a 22 per cent premium. Its issue price is 450 rupees.

GIC IPO: This government insurance company is also rated as one of the largest IPOs in the country. The IPO of General Insurance Corporation of India Limited i.e. GIC India came up in October 2017. Its IPO value is Rs 11,176 crore.

However, its listing was made at a discount, compared to the issue price of Rs.912. GIC India shares listed at Rs 850 with a 7% discount.

SBI Card IPO: Shares of SBI Cards and Payment Services Limited, a subsidiary of SBI, the country’s largest bank, were listed on the market a few years ago.

The company went public in March 2020 with a Rs 10,355 crore IPO. The issue price of the IPO was fixed at Rs.755. However, the stock was listed at Rs 658, down 13 per cent.

New India Assurance IPO: The New India Assurance Company Limited is the largest public insurance company in India. The company’s IPO came in November 2017 and is valued at Rs 9,600 crore. Its shares were listed on the stock exchange at Rs 749 with a 6 per cent discount compared to the issue price of Rs 800.

Zomato IPO: Zomato IPO came out in July last year and was valued at Rs 9,375 crore. Since then, though its performance in the stock market has not been excellent, its listing has been tumultuous. Jomoto was listed at Rs 115 with a 51 per cent premium over the share issue price of Rs 76.

DLF IPO: DLF has an IPO value of Rs 9,188 crore. DLF Ltd. went public in July 2007 with an IPO. Following the IPO, DLF was listed on the stock exchange at 118 per cent premium at Rs 582. Its issue price is 525 rupees.

HDFC Life Insurance IPO: The IPO of HDFC Life Insurance Company Limited, a mutual fund company, came out in November 2017. Its IPO value is Rs 8,695 crore. The IPO issue price was Rs 290, after which HDFC Life Insurance listed at Rs 311 with a gain of 7%.

Subscribe to Get News on Your Email Inbox

To be updated with all the latest breaking news on your email

Covid India Active Cases

Total active cases
Updated on May 26, 2022 8:39 pm

Trending Stories

Dhanush Acting The Gray Man Tamil Official Trailer Released Netflix India

The trailer for the upcoming Hollywood movie 'The Gray Man', which is being produced by Netflix, has been officially released today on YouTube.Dhanush is...

Cooking Oil Prices Likely Reduces Centre Allows Free on Import Crude Soyabean, Sunflower Oils

Duty Free on Imports of Crude Sunflower Oil: While the prices of cooking oils in the country are dropping to the common man .....

Kangana Ranaut Bought 3.2 Crore worth Benz Maybach S Class Model S680 4Matic

Mumbai: All-new Mercedes-Benz Maybach S-Class model in the Indian market have just started. With the launch of the new Benz S Class model has...

Elon Musk has Impressed on Elden Ring Video Game

Elon Musk a Top Billionaire in the world he is very active on Twitter however when he tweet about anything it goes to be...

WB Police Constable 1,666 Vacancies 2022 Apply Online, Eligibility, Selection Process

West Bengal Police Recruitment Board (WBPRB) has invited applications for more than 1,600 posts of constable in the state police.The process of application for...

Recently Popular

Flipkart Sale upto 76% Offers on IPhone, Android smartphones April 12-14

Walmart-owned e-commerce platform Flipkart Shopping Site currently offers discounts of up to 76% on updated...

IPL 2022 MI vs DC Watch LIVE Free Streaming, Scores Online India and Outside Countries

TATA IPL 2022 2nd Day Match on today March 27 by 3.30 PM Indian Timing...

Bihar 10th Class Apply Re-evaluation Know BSEB Revaluation Process

Bihar Board BSEB Class 10th Result 2022 The latest update is that Bihar School Examination...

TicWatch Pro 3 Ultra GPS Smartwatch gets 45 days of battery on a single charge

Mobvoi - TicWatch Pro 3 Ultra GPS has been launched. Many powerful features are available...

This makeup will add to the beauty of your eyes, use these kajal like this

If you want to enhance the beauty of your eyes, then definitely do eye makeup....

Adani acquires ACC & Ambuja Cement for $10.5 billion

Gautam Adani is one of the richest men in India. The Adani Group, headed by...