Oct 9, 2023
By: Katya Naidu
The current IPO season saw many public debuts which provided listing gains. But FY23 also saw many stellar debuts – with a few providing over 100 percent listing gains.
Credit: Canva
Most of the companies that sparkled on listing did not disappoint investors later on, either. In fact, three of the six companies in the list had turned multibagger returns as well.
Credit: Pixabay
The company on top of this list is Venus Pipes that gave a sharp 302 percent listing gains. It has kept up with its status of rewarding investors as it gave multibagger returns in the last one year — going up by 101 percent.
Credit: Pixabay
The IoT-enabled manufacturing services company debuted with 291 percent listing gains. This stock also turned multibagger by giving 241 percent listing gains in the last one year.
Credit: Pixabay
The electronics manufacturing services company also debuted with 178 percent listing gains. Needless to say, this too turned multibagger by giving 111 percent returns in the last one year.
Credit: Pixabay
The South based electronics retailer gave 135 percent listing gains on debut. While it did not turn multibagger, it also held on to provide 33 percent gains to its investors in the last one year.
Credit: Company
The retailer of luxury watch brands debuted in style with 100 percent listing gains. It also gave handsome gains of 71 percent in the last one year.
Credit: Pixabay
The company which runs Medanta group of hospitals gave a healthy debut with 113 percent listing gains. It also gave 73 percent returns in the last one year.
Credit: Pixabay
Rainbow Children's Medicare, eMudhra and Divgi Torqtransfer Systems are amongst FY23’s public debuts with over 70 percent listing gains.
Credit: Pixabay