IPO Research

2021 IPO Performance: All Listings, GMP Accuracy and Subscription Data

All 8 Indian mainboard IPOs that listed in 2021, sorted by listing gain. Subscription ratios, GMP prediction accuracy, and stoicHQ analysis for every issue.

sHQ
stoicHQ Research Team · Ex-quants, IIT Delhi
IPOs listed
8
Average listing gain
+40.0%
Best performer
+81.0%
Nazara Technologies Ltd
Worst performer
-27.3%
One97 Communications Ltd
Listed positive
88%

Key findings for 2021: 8 mainboard IPOs listed with an average gain of +40.0%. 88% of issues listed at a gain above issue price. Top sectors by issue count: Technology, E-Commerce, QSR.

CompanySectorIssue PriceListing GainQIB SubOverall SubCategory
Nazara Technologies Ltd
Mainboard
Technology1101+81.0%
at ₹1990
179.52x175.46xsmall
FSN E-Commerce Ventures Ltd
Mainboard
E-Commerce1125+78.0%
at ₹2001
91.18x81.78xmega
Devyani International Ltd
Mainboard
QSR90+56.7%
at ₹141
164.54x116.62xlarge
C.E. Info Systems Ltd
Mainboard
Technology1033+52.9%
at ₹1580
378.22x154.71xlarge
Zomato Ltd
Mainboard
Technology76+52.6%
at ₹116
51.79x38.25xmega
PB Fintech Ltd
Mainboard
Technology980+18.2%
at ₹1159
23.43x16.59xlarge
Indian Railway Finance Corporation Ltd
Mainboard
Finance26+7.7%
at ₹28
3.44x3.49xlarge
One97 Communications Ltd
Mainboard
Technology2150-27.3%
at ₹1564
2.79x1.89xmega
All years2022 IPOs →

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