IPO Listing in September 2021.

Four IPOs were listed in September 2021 out of which two IPOs performed exceptionally well.
by 5paisa Research Team 05/10/2021

Four IPOs were listed in September 2021 out of which two IPOs performed exceptionally well.

The primary market has been quite busy since the start of the year. The activity continued in September as well as four IPOs were listed.

Ami Organics Ltd and Paras Defence & Space Technologies Ltd have performed well since they have been listed as we can see in Table 1.0.

Paras Defence and Space Technologies Limited: This IPO also made a sound debut. The offer price of the IPO was Rs 175 which opened at Rs 469 on NSE i.e. stock registered gained 168% from its issue price. The Initial Public Offering (IPO) was subscribed 304.26 times on September 23, 2021. The public issue was subscribed 112.81 in the retail category, 169.65 in the QIB category, and 927.70 in the NII category. The current market price of the stock on NSE is 198% high than the offer price of IPO.

Ami Organics Limited: The offer price of the IPO was Rs 610 which opened at Rs 910 on NSE i.e. stock registered gained 49.18% from its issue price. Ami organics made a strong debut; the initial public offering was subscribed 64.54 times. Ami Organics IPO was subscribed 64.54 times. The public issue was subscribed 13.36 times in the retail category, 86.64 times in QIB, and 154.81 times in the NII category by September 3, 2021. Ami Organics IPO is a public issue of 6,542,342 equity shares. The issue offers 3,281,723 shares to retail investors, 1,854,166 shares to qualified institutional buyers, and 1,406,453 shares to non-institutional investors. The current market price of the stock on NSE is 117.54% high than the offer price of IPO.

Following table depicts the list of IPOs along with their opening, closing date and IPO size:

 

Company Name  

Opening Date & Closing Date  

IPO Size  

Offer price  

List price  

Listing Gain/Loss (%)  

Total Gains  

Last Traded Price  

Ami Organics Limited  

1st September, 2021 & 3rd September, 2021  

₹569.64 crores  

₹610  

  

₹910  

49.18  

117.54  

₹1327  

Vijaya Diagnostic Centre Limited  

1st September, 2021 & 3rd September, 2021  

₹1,895.04 crores  

₹531  

₹540  

1.69  

3.58  

₹550  

Sansera Engineering Limited  

  

14th September,2021 & 16th September 2021  

₹1,282.98 crores  

₹744  

₹811.5  

9.04  

8.33  

₹806  

Paras Defence and Space Technologies Limited  

  

21st September, 2021 & 23rd September, 2021  

₹170.78 crores  

₹175  

₹469  

168  

198.85  

₹523  

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