Best IPO in 2024 : The year 2024 is going very well for the IPO market and investors in IPOs. So far this year, 45 IPOs have been listed in the stock market. Out of the total 45 stocks listed this year, 6 have proved to be multibaggers for investors. All these 6 have given 100 percent to 228 percent returns. That is, the money of the investors has doubled in a few months or a few days. At the same time, 39 out of 45 i.e. 87 percent of the IPOs have given positive returns, investors have suffered losses in only 6. Know about those 6 newly listed stocks which have become multibagger stocks for investors.
Orient Technologies IPO subscribed 300% in a short time, brokerage and experts gave investment advice, cited many big reasons
Jyoti CNC Automation IPO
Return : 228%
Jyoti CNC Automation’s IPO has proved to be the most successful IPO of the year 2024 in terms of returns. Investors who invested in this IPO have got 228 percent return so far. This IPO was listed in the stock market on 16 January 2024. Compared to the IPO price of Rs 331, it closed at Rs 433, up 31 per cent on the listing day. Currently the share price is more than Rs 1085, that is, it is trading about 228 per cent higher than the IPO price.
Exicom Tele-Systems IPO
Return : 182%
Investors who invested in Excom Tele-System’s IPO have got 182 percent return so far. This IPO was listed in the stock market on 5 March 2024. Compared to the IPO price of Rs 142, it closed at Rs 226 on the listing day, up about 59 percent. Currently the share price is around Rs 401, that is, the stock is trading at an increase of about 182 percent from the IPO price.
Midcap Stocks Return: 5 midcap stocks that made 25 thousand into 10 lakhs or more, up to 15165% return in 10 years
Unicommerce eSolutions IPO
Returns : 120%
Investors who invested in the IPO of Unicommerce eSolutions have got 120 percent return so far. This IPO was listed on the stock market on 13 August 2024. Compared to the IPO price of Rs 108, it closed at Rs 210 on the listing day, up by about 95 percent. Currently the share price is more than Rs 237, that is, about 120 percent more than the IPO price.
Platinum Industries IPO
Return : 111%
Investors who invested in the IPO of Platinum Industries have got 111 percent return so far. This IPO was listed in the stock market on 5 March 2024. Compared to the IPO price of Rs 171, it closed at Rs 221 on the listing day, up about 29 percent. Currently the share price is around Rs 361, that is, the stock is trading at an increase of about 111 percent from the IPO price.
Awfis Space Solutions IPO
Return : 107%
Investors who invested in the IPO of Office Space Solutions have got 107 percent return so far. This IPO was listed on the stock market on 30 May 2024. Compared to the IPO price of Rs 383, it closed at Rs 403, up about 5 percent on the listing day. Currently the share price is around Rs 794, that is, the stock is trading at an increase of about 107 percent from the IPO price.
Stock to Buy: Opportunity to earn quick money, these 4 stocks can give 12 to 16% return in 4 weeks, ready to rally after breakout
Bharti Hexacom IPO
Return : 103%
Investors who invested in Bharti Hexacom’s IPO have got 103 percent return so far. This IPO was listed in the stock market on 12 April 2024. Compared to the IPO price of Rs 570, it closed at Rs 814 on the listing day, up about 43 percent. Currently the share price is around Rs 1154, that is, the stock is trading at an increase of about 103 percent from the IPO price.
11 stocks gave returns between 50 to 100%
Among the new stocks listed this year, there are 11 stocks whose returns have been between 50% and 100%. Among these, there are 16 stocks that have given double digit returns between 10 to 50%. While 6 stocks have given single digit returns.
IPO 2024 : IPOs with 50% to 100% returns
Ola Electric Mobility: 81.21%
JNK India : 80.47%
Nova Agritech: 83.32%
BLS E-Services : 79.22%
JG Chemicals: 78.71%
Le Travenues Technology : 77.42%
Peanut Proteins : 75.86%
TBO Tech : 75.74%
Vibrant Steel Tubes : 75%
DEE Development Engineers : 71.33%
Acmes Drugs & Pharma: 56.56%
Ola Electric doubled investors’ money in 10 days, included in the list of most successful IPOs of 2024, also crossed brokerage target
IPO 2024 : These IPOs were also winners
Saraswati Saree Depot : 31.22%
Brainbees Solutions: 35.82%
Sanstar : 39.68%
Bansal Wire Industries: 41.39%
Emcure Pharmaceuticals: 32.68%
Stanley Lifestyles: 43.48%
Go Digit General Insurance : 30.77%
Aadhar Housing Finance : 24.29%
Indegene : 29.18%
SRM Construction : 34.86%
Jana Small Finance Bank : 43%
Amount Peripheral : 31.24%
APJ Surrendra Park Hotels: 17.26%
Medi Assist Healthcare Services: 29.33%
Chronox Lab Sciences: 12.21%
Allied Blenders & Distillers: 10%
Nykaa: This new age stock can give high returns, after the results the brokerage gave a new target, cited these reasons behind the rise
These IPOs have single digit returns
There are some IPOs in the year 2024, whose shares are trading at a higher price than the issue price, although this increase is in single digits. These include Vraj Iron and Steel, Crystal Integrated Services, GPT Healthcare, Juniper Hotels, Antero Healthcare Solutions and EPACK Durable.
Negative returns in these IPOs
Capital Small Finance Bank: -36%
Popular Vehicles & Services: -25%
Gopal Snacks: -13.37%
RK Swamy : -10%
Acme Fintrade India : -4.67%
Seagull India : -3%
(source: BSE, NSE, Stock Performance)
