06 December 2023
βπ Celebrating the Growth Journey of Top IPOs! π
As I reflect on the dynamic landscape of IPOs over the years, it's awe-inspiring to witness the remarkable performances of some standout companies. Let's take a stroll down memory lane to appreciate the year-wise returns of the best IPOs that have shaped the market.
π 2000-01: Infosys Technologies Limited set the stage with a stellar IPO, paving the way for India's IT prowess.
π₯ 2005-06: Powerhouse Baidu dominated the scene, showcasing China's tech ascendancy. Baidu got oversubscribed by approximately ~ 100x which shows the confidence it generated among the investor community.
π‘ 2010-11: Coal India Limited ignited the energy sector, marking one of the largest IPOs in Indian history. As a result, it got oversubscribed by 4x.
π 2015-16: D-Mart's Avenue Supermarts Limited took the retail sector by storm, captivating investors with its growth story. The result was a staggering 104.5x oversubscription.
π 2019-20: IRCTC Limited steamed ahead, symbolizing the power of e-commerce and government divestment. The investors agreed while investing in IRCTCβs IPO & owing to that the IPO saw a tremendous 112x over-subscription.
π 2020-21: Happiest Minds Technologies Limited spread joy with its IPO, reflecting the tech boom amidst global challenges. The investors showed the same spirit & belief while investing in the IPO & the outcome was the IPO getting over-subscribed by 150x.
π These milestones not only highlight financial successes but also the resilience and innovation driving these companies. It's a testament to the ever-evolving landscape of investment opportunities.
πΌ As we look ahead, let's remain vigilant and adaptable to the evolving market trends. Here's to the next wave of transformative IPOs that will shape our financial landscape!β
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