Best IPOs In 2017

Best IPOs In 2017

by Nutan Gupta Last Updated: 2021-09-09T14:03:57+05:30

Initial Public Offerings have always been a preferred investment vehicle for investors - be it retail investors, foreign investors or HNIs. The year 2017 has witnessed some exceptional IPO listings on the NSE and BSE. Below are some best IPOs in 2017:


Listing date

Issue Price

Current Price



June 30, 2017

Rs 149

Rs 363.7


PSP Projects

May 29, 2017

Rs 210

Rs 288.7


Shankara Building Products

April 5, 2017

Rs 460

Rs 1001.85


Avenue Supermarts

March 21, 2017

Rs 299

Rs 925.6


BSE Ltd.

Feb 3, 2017

Rs 806

Rs 1084



About the companies..


BSE Ltd.
Bombay Stock Exchange, popularly known as BSE is Asia’s first and fastest stock exchange in the world. It was established in the year 1875 and is located at Dalal Street in Mumbai. It was listed on February 3, 2017. BSE's popular equity index - the S&P BSE SENSEX - is India's most widely tracked stock market benchmark index. It is traded internationally on the EUREX as well as leading exchanges of the BRICS nations.

Avenue Supermarts
Avenue Supermarts is an India-based company which was incorporated in the year 2000. It owns and operates a chain of hypermarkets and supermarkets in the name of Dmart. Currently, the company has around 132 stores spread across Maharashtra, Andhra Pradesh, Telangana, Gujarat, Madhya Pradesh, Chhattisgarh, Rajasthan, the National Capital Region, and Karnataka. Avenue Supermarts was the out-performer among all IPOs listed in this year, gaining 200% since its listing.

Shankara Building Products
Shankara Building Products is one of India's leading organised retailers of home improvement and building products in India, based on number of stores operating under "Shankara Buildpro." The company is headquartered in Bangalore. The company carries with it, a legacy of 21 years of impeccable service to customers spread across South, West and East India.

PSP Projects
PSP Projects is a multidisciplinary construction company offering a diversified range of construction and allied services across industrial, institutional, government, government residential and residential projects in India. The company provides its services across the construction value chain, ranging from planning and design to construction and post-construction activities to private and public sector enterprises.

Central Depository Services Limited, is the second Indian central securities depository based in Mumbai. Its main function is holding securities either in certificated or uncertificated form, to enable book entry transfer of securities. CDSL was set up with the objective of providing convenient, dependable and secure depository services at affordable costs to all market participants.

Upcoming IPOs:
- Cochin Shipyard
- Security and Intelligence Services Ltd.

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