Top IPOs that created a buzz in 2021

The Indian inventory market witnessed a report bull run this yr with the benchmark indices hitting recent all-time highs all year long until October when it peaked. Thereafter, it witnessed some pullback from the upper ranges extra so after the invention of the brand new Omicron Covid-19 variant in November.
So far, the market has corrected over 8 per cent from its all-time highs hit on October 19, with the Sensex falling 8.54 per cent from its report highs to 56,930.56 as of Wednesday’s shut and the Nifty crashing 8.86 per cent to 16,955.45.
However, relating to preliminary public choices (IPOs), the market sentiment has been optimistic all through. The main market has been buzzing with a report variety of IPOs this yr with as many as 62 firms getting listed to this point within the calendar yr 2021. These firms have cumulatively raised over Rs 1.18 lakh crore. It has additionally been a medical yr as we have now witnessed among the key new-age companies which have raised capital by way of the IPO route.
Even although the secondary market has come below correction throughout the previous couple of months following the issues over the Omicron variant, the string of IPOs continues to movement in.

Speaking concerning the progress out there, Ravi Singh, vice chairman and head of analysis at Share India Securities, advised indianexpress.com that the fairness markets had a historic transfer with benchmark indices touching new lifetime highs of 18,000 and 60,000 mark for the primary time ever owing to improved macro parameters, greater liquidity and powerful restoration in company earnings. He added that as a result of this optimistic sentiment seen on the benchmark indices, a majority of IPOs carried out very effectively and turned to multi-baggers.
Heading into 2022, nevertheless, Singh stays cautious concerning the issues surrounding the event of Omicron and rising inflation within the world market.
“Given the prospect of further rise in inflation, there are chances that most of the central banks may raise interest rates to curb the liquidity. The growing uncertainty and fear over Omicron would drive the market momentum next year. Global economies are already facing high inflation and economic bottlenecks and still in revival mode post Covid outbreak,” he stated including that on this situation if new lockdowns and restrictions are imposed then it could be very troublesome to keep up the tempo of restoration.
“The year 2021 has been great in terms of generating returns from investments in stock market but year 2022 seems to be more challenging,” Singh opined.

Speaking on IPOs, Narendra Solanki, Head-Equity Research (Fundamental) at Anand Rathi Shares & Stock Brokers advised that the IPO market in 2021 was very sturdy and vibrant and on a median, we have now seen greater than 5 new points hitting each month.
“For the next year 2022, the primary market should continue to remain active and vibrant with a lot of new issues lined up especially from new-age tech and fintech spaces. Few of the probable are LIC, More Retail, Mobikwik, Ola, Delhivery, Byjus etc.” he stated.
Here is a have a look at the highest IPOs that created a buzz out there in 2021:
1. Zomato
The IPO of the net meals supply platform Zomato was one of the crucial wanted amongst the new-age companies that obtained listed this yr. The firm raised Rs 9,375 crore by way of the general public challenge and it was met with an enormous demand from the market individuals as effectively, getting subscribed 38.25 instances.
The shares of Zomato made a stellar debut on bourses and zoomed practically 53 per cent in opposition to the problem value on the opening day, which noticed its market valuation cross the Rs 1-lakh-crore mark.
The scrip continues to commerce above its challenge value and as of Wednesday’s shut, it’s 82.24 per cent greater at Rs 138.50 on the BSE.
2. Nykaa
FSN E-Commerce Ventures, which operates the net magnificence e-commerce platform Nykaa, was one other such new age enterprise which created a buzz amongst buyers upon its arrival. Lead by Falguni Nayar – a former funding banker turned entrepreneur, the corporate raised 5,352 crore by way of its IPO and the problem obtained subscribed 81.78 instances.
On the day of itemizing, the Nykaa scrip made a robust debut and obtained listed at a premium of over 79 per cent above their challenge value within the inventory exchanges.
Nykaa too continues to commerce above its challenge value and as of Wednesday’s shut, it’s 78.88 per cent greater at Rs 2012.40 on the BSE.
3. PB Fintech
PB Fintech, the operator of on-line insurance coverage aggregator Policybazaar and credit score comparability portal Paisabazaar, too was a a lot wanted IPO when it arrived within the main market.
The firm raised Rs 5,710 crore by way of a recent challenge of fairness shares price Rs 3,750 crore and a proposal on the market (OFS) of Rs 1,960 crore by current shareholders. It was met a optimistic response and the problem obtained subscribed 16.59 instances.
The shares made a agency debut and obtained listed at a premium of 17.35 per cent above their challenge value final month. However, after the preliminary weeks of put up itemizing rally, the inventory has slowly given up its good points.
At current, the inventory is hovering close to its challenge value. As of Wednesday’s shut, it’s 0.05 per cent greater at Rs 980.50 on the BSE.
4. Paytm
One essentially the most well-known platforms within the funds area of the nation, One 97 Communications, the father or mother entity of digital funds agency Paytm, was already the speak of the city when it initially filed its draft papers with market regulator Sebi.
Not solely was it essentially the most awaited IPO amongst the brand new companies, but it surely additionally grew to become the biggest IPO within the nation by elevating a whopping Rs 18,300 crore. However, given the large dimension of the provide, the response was comparative muted by the buyers. The IPO managed to get totally subscribed by the third day and ultimately was subscribed 1.89 instances.
But the journey for Paytm within the inventory market was disastrous as on the day of itemizing it crashed over 27 per cent from the problem value on the primary day.
Since the previous one month of itemizing it has continued to commerce under its challenge value and presently, as of Wednesday’s shut, it’s 37.53 per cent decrease at Rs 1343.05 on the BSE.
5. MTAR Technologies
MTAR Technologies, a Hyderabad-based precision engineering options firm, was a favourite amongst the buyers. The firm has capabilities to construct nuclear and pressurized water reactors, aerospace engines, missile methods, plane elements and plenty of such different vital elements and assemblies.
MTAR Tech raised Rs 597 crore by way of its IPO and the problem obtained subscribed 200.79 instances.
On the day of itemizing, the MTAR Tech inventory obtained listed at a premium of over 85 per cent above their challenge value within the inventory exchanges.
MTAR Tech has continued to commerce above its challenge value since its itemizing in March this yr and as of Wednesday’s shut, it’s 299.40 per cent greater at Rs 2,296.55 on the BSE.
6. Paras Defence and Space Technologies
Paras Defence and Space Technologies was one of many smaller sized IPOs this yr. The firm is engaged in designing, growing, manufacturing and testing a variety of defence and area engineering merchandise and options.
Paras Defence raised Rs 171 crore by way of the first market and acquired an enormous curiosity from the buyers. The challenge obtained subscribed a whopping 304.26 instances.
On the day of itemizing, Paras Defence inventory made a blockbuster debut and obtained listed at a premium of over 171 per cent above their challenge value within the inventory exchanges.
It has continued to commerce above its challenge value since its itemizing in October this yr and as of Wednesday’s shut, it’s 302.69 per cent greater at Rs 704.70 on the BSE.