logo

Gujarat Based Companies IPO Recently Outperformed Others, Adani Wilmar IPO Rolex Ring IPO Know Details Here

Gujarat Based Companies IPO Outperform: These days investors are disappointed...

Gujarat Based Companies IPO Outperform: These days investors are disappointed due to the selling of foreign investors in the stock market. Share prices are going down. All the companies that have come up with IPO in the recent past are trading below their issue price. In which the biggest example is the IPO of the country’s largest insurance company LIC, whose stock has been falling continuously since the listing and is trading more than 25 percent below its issue price. But despite this decline in the market, all the companies associated with Gujarat have come up with IPO, they have done well. Let’s take a look at the companies related to Gujarat, which have been listed on the stock exchange recently and these companies have given good returns to the investors.

In recent days, five companies associated with Gujarat have brought IPO, let’s have a look at their performance.

1. Adani Wilmar IPO: Adani Wilmar, a company of the Adani Group, has been listed on the stock exchange on 8 February. The company had fixed the issue price of Rs 230. And now the share of Adani Wilmar is trading at Rs 632. That is, the IPO of Adani Wilmar has given a return of 174 percent to the investors. Adani Wilmar’s stock has also touched the level of Rs 878.

2.Rolex Rings IPO: Gujarat based Rolex Ring also recently brought its IPO. The company had fixed the price band from Rs 880 to 900. After listing, the Rolex Ring reached the level of Rs 1624. That is, the company has given a return of 80 percent to the investors. Presently the stock is trading at Rs 1401 i.e. 60 per cent above its issue price.

3.Tatva Chintan IPO: Tatva Chintan’s listing on the stock exchange was very good. The stock was listed at Rs 2111 for the issue price of Rs 1083. The company has also touched the highest level of Rs 2977. At present, the share of Tatva Chintan is trading at Rs 2197. That is, the IPO has given returns of more than 100 percent to its investors.

4. Ami Organics IPO: The IPO of Gujarat based Ami Organics has also made investors rich. Ami Organics had fixed the issue price of Rs 610. After listing of Rs 910, the stock had reached the highest level of Rs 1434. Currently the stock is trading at Rs 895. That is, 46 percent above the upper band of its IPO.

5. Exxaro Tiles IPO: The IPO of Gujarat based company Exxaro Tiles has also given great returns to its investors. The company had fixed the issue price of Rs 118 to 120. The listing was done at Rs 126 around the issue price. But later the stock of Exxaro Tiles jumped 44 percent to close to Rs 173. At present the stock is trading at Rs 112.

read this also

Jobs In Railways: The biggest recruitment drive will be launched in Railways, about 1.5 lakh people will get government jobs in a year

5G Services Rollout Soon: 5G mobile service to be launched soon, Cabinet approves auction of 5G spectrum

Spin on News

Spin On News Provide Best Content .

Leave Your Comment