ipo 2017

IPOs in 2017

11 Indian companies have gone public so far in 2017, raising a total of over Rs. 6,500 crore.

ipo 2017

All most all the companies were oversubscribed, with two companies — CDSL & DMart — being oversubscribed by more than a 100 times. The current value of these companies is approximately Rs. 9,300 crores (an increase of 42%. Some companies are yet to be listed)

CompanyNumber of times oversubscribed
BSE51.22
MBL39.67
D Mart104.59
CLEducate1.9
Shankara41.88
S Chand59.49
Hudco79.53
PSP8.58
Tejas1.88
Eris3.29
CDSL170.16

If one takes the over-subscriptions into account, investors bid more than Rs. 403650 into the market bidding for these shares (12% more than India’s Defence Budget for 2017 – 18).

Here’s a live tracker of how the companies are performing vis-a-vis listing