India’s Most Demanded IPOs: Record of IPOs that Acquired the Highest Candidates

Preliminary Public Choices (IPOs) in India usually draw immense curiosity from retail and institutional traders alike. With the chance to take part within the development tales of a few of the nation’s largest corporations, IPOs have grow to be a key entry level for traders seeking to maximize returns. Over time, a couple of IPOs have made historical past by attracting huge numbers of candidates, reflecting the excessive confidence and expectations from each retail and institutional traders. This text highlights the IPOs in India that acquired the very best variety of candidates, providing insights into what made these public choices so standard.

1. Bajaj Housing Finance: 89.1 Lakhs Purposes

Bajaj Housing Finance tops the checklist with a record-breaking 89.1 lakh functions. The Bajaj Group’s sturdy model presence and a well-diversified portfolio within the monetary companies sector performed a major function within the overwhelming response to this IPO. Moreover, the inexpensive housing finance trade has been on a development trajectory, and Bajaj Housing Finance’s strong fundamentals, development potential, and enticing valuation on the time of the IPO additional boosted investor confidence. Retail traders, specifically, noticed this as an amazing alternative to realize publicity to the booming housing finance sector.

2. Tata Applied sciences: 73.6 Lakhs Purposes

Tata Applied sciences’ IPO was one other extremely anticipated public providing, attracting 73.6 lakh functions. A subsidiary of the globally famend Tata Group, the corporate operates within the engineering and expertise companies sector, catering to main industries like automotive and aerospace. With Tata Applied sciences being a part of a model synonymous with belief, innovation, and constant development, it’s no shock that the IPO was closely oversubscribed. The strategic positioning of the corporate in high-growth sectors additional heightened investor curiosity, particularly amid rising demand for technology-driven options throughout industries.

3. Life Insurance coverage Company of India (LIC): 73.4 Lakhs Purposes

LIC’s IPO was one of the crucial anticipated in Indian monetary historical past. With 73.4 lakh functions, the general public providing turned a milestone for India’s insurance coverage sector. Being the biggest life insurance coverage firm within the nation, LIC holds a dominant market share and has been a family identify for many years. The IPO garnered immense consideration from each retail and institutional traders as a result of authorities’s backing, its sturdy monetary efficiency, and its in depth policyholder base. Traders considered this as a uncommon alternative to personal a stake in an organization that performs such a pivotal function within the nation’s monetary ecosystem.

4. Reliance Energy: 48.0 Lakhs Purposes

Reliance Energy, part of the Reliance Anil Dhirubhai Ambani Group, launched its IPO at a time when the facility sector was seen as a essential element of India’s infrastructure development. The corporate attracted 48 lakh functions, making it one of the crucial subscribed IPOs within the nation’s historical past. The IPO generated vital buzz resulting from its affiliation with the Reliance model and the bold tasks lined up for the corporate within the energy era sector. Nonetheless, regardless of the overwhelming preliminary curiosity, Reliance Energy’s post-IPO efficiency was a cautionary story for traders, because it struggled to fulfill expectations.

5. Motisons Jewellers Ltd: 47.5 Lakhs Purposes

Motisons Jewellers Ltd, a well-established identify within the Indian jewellery market, attracted 47.5 lakh functions for its IPO. The corporate’s sturdy model presence, particularly within the northern areas of India, coupled with the rising demand for gold and diamond jewellery, contributed to the excessive subscription numbers. Jewellery as an funding avenue continues to carry cultural significance in India, making Motisons Jewellers a lovely wager for a lot of retail traders. The corporate’s monetary well being, mixed with its plans for growth, made this IPO a compelling proposition.

6. Inox India: 43.8 Lakhs Purposes

Inox India, a participant within the industrial gasoline and cryogenics trade, garnered 43.8 lakh functions for its IPO. The corporate’s management in a distinct segment however important trade, mixed with its regular monetary development, attracted vital investor curiosity. The rising demand for industrial gases in sectors like healthcare, manufacturing, and meals processing additional fueled the passion round this public providing. Inox India’s IPO highlighted the potential of investing in corporations working in much less glamorous but indispensable industries.

7. BLS E-Providers: 39.6 Lakhs Purposes

BLS E-Providers’ IPO attracted 39.6 lakh functions, making it one of many high contenders when it comes to retail curiosity. The corporate, which focuses on offering e-governance companies, notably within the areas of visa and consular outsourcing, has carved out a singular area for itself. As governments worldwide digitize companies, BLS E-Providers was seen as a promising funding alternative, with its rising world presence and constant income streams. Traders have been eager to capitalize on the digital transformation of governance, a pattern that’s prone to proceed for years.

8. Glenmark Life Sciences: 39.5 Lakhs Purposes

The pharmaceutical sector has all the time been a robust performer in India, and Glenmark Life Sciences’ IPO was no exception, drawing 39.5 lakh functions. As a subsidiary of Glenmark Prescribed drugs, the corporate focuses on growing and manufacturing energetic pharmaceutical substances (APIs), that are the spine of drug manufacturing. Given the rising world demand for APIs, Glenmark Life Sciences’ IPO supplied traders a possibility to take part in a sector poised for long-term development. The corporate’s sturdy pipeline, worldwide presence, and development prospects within the healthcare sector have been key components that attracted each retail and institutional curiosity.

9. SBI Card: 39.0 Lakhs Purposes

SBI Card, a subsidiary of India’s largest public sector financial institution, noticed 39 lakh functions for its IPO. The bank card trade in India is quickly increasing, and SBI Card’s place because the second-largest bank card issuer within the nation made this IPO extraordinarily interesting to traders. As digital funds gained traction and shopper credit score turned extra accessible, SBI Card’s future development potential seemed promising. The model recognition related to the State Financial institution of India additional bolstered investor confidence within the IPO.

10. Premier Energies: 38.5 Lakhs Purposes

Premier Energies, a participant within the renewable vitality sector, attracted 38.5 lakh functions, pushed by the rising concentrate on clear vitality options. With governments and firms globally striving to cut back carbon footprints, Premier Energies’ photo voltaic vitality tasks introduced a profitable funding alternative for these seeking to experience the wave of the renewable vitality revolution. The corporate’s sturdy development trajectory and impressive growth plans made this IPO notably enticing to traders who imagine in the way forward for sustainable vitality.

What New IPO May Break These Information?

Given the dynamic nature of the Indian market and the continual development of sectors corresponding to expertise, finance, and renewable vitality, a number of upcoming IPOs maintain the potential to interrupt current information when it comes to the variety of candidates. Firms working in high-demand industries, particularly these with sturdy model recognition and monetary well being, are prone to appeal to vital consideration.

1. Jio Platforms: Reliance Industries has been planning to checklist its digital companies arm, Jio Platforms, which might simply surpass the applying information set by the likes of Bajaj Housing Finance and Tata Applied sciences. As the biggest telecom supplier in India with an enormous subscriber base and a diversified portfolio of digital companies, Jio’s IPO would possible obtain overwhelming curiosity from each retail and institutional traders. The mix of brand name energy, speedy development within the digital area, and potential for growth into new companies positions Jio Platforms as a robust contender for breaking IPO software information.

2. Flipkart: One other potential IPO that would make waves is that of Flipkart, certainly one of India’s largest e-commerce platforms. The corporate has revolutionized on-line buying within the nation and has an enormous buyer base. An IPO by Flipkart would possible see excessive demand, particularly given its dominance within the e-commerce area and backing by world giants like Walmart.

In conclusion, the Indian IPO panorama continues to evolve, with corporations from numerous sectors searching for to go public. As seen from the record-breaking IPOs of the previous, corporations with sturdy model worth, monetary stability, and excessive development potential have a tendency to draw essentially the most vital variety of functions. Whether or not the subsequent large IPO will come from the tech, e-commerce, or renewable vitality sectors, one factor is for certain—investor enthusiasm for IPOs in India exhibits no indicators of slowing down.

Kritesh (Tweet right here) is the Founder & CEO of Commerce Brains & FinGrad. He’s an NSE Licensed Fairness Basic Analyst with +7 Years of Expertise in Share Market Investing. Kritesh continuously writes about Share Market Investing and IPOs and publishes his private insights in the marketplace.