Initial Public Offering :Investment has caught many individuals’ attention in the recent times. People have started to believe in investing. Many billionaires talk about investing that has taken them to places.
There are several books on finance knowledge and investing such as “Rich Dad Poor Dad” by Robert T Kiyosaki and so on. However, you need some knowledge before starting to invest such as knowledge about the company, price of each share, IPO, etc.
In this article, we will make the investing process easier for you. Today, we will learn what an IPO is and some of the Successful Ipos Launched in India in the year 2021. Let us dive straight into them.
What is an Initial Public Offering (IPO)?
IPO also known as Initial Public Offering, is written by an investment bank when a private company changes to a public company. This is done so that the company can come under the stock exchange and sell its shares to the public, thus generating enough capital for business.
Top 5 IPOs Launched in 2021
Below is the list of top Ipos Launched in 2021. These companies gained funds in large sums thus have grown. Let us learn about these companies and their IPOs.
Sona BLW
Sona BLW, also known as Sona BLW Precision Forgings Limited, is an IPO that opened on 14th June 2021. The face value of the IPO is 10 INR per equity share. The market value of this is 285 INR – 291 INR per share. The company launched the most successful IPO in 2021.
Laxmi Organic
Laxmi Organic is a brand producing chemicals such as specialty intermediates and acetyl intermediates. The Ipo of Laxmi Organic opened on 15th March 2021 and closed on 17th March 2021. The value of each share was 130 INR giving investors good returns.
Easy Trip
Ease Trip company offers products and services related to traveling such as booking of hotels, flight tickets, etc. Easy Trip IPO was opened from 8th March 2021 to 10th March 2021. The company offered each share of 186. Investors in 2021 got a return of 175% making it amongst the list of Successful Ipos.
Zomato
Zomato launched another successful IPO in 2021. Zomato is a food delivery company that opened its IPO in July 2021. The company issued shares with a price of 76 INR. The public offering helped Zomato make 9375 crore INR.
Nykaa
Nykaa is a beauty brand selling makeup products and cosmetics. The company raised its shares in 2021 from October 28th to 1st November. Each share ranged between 1085 INR – 1125 INR.
Overall, many people believe investing is the secret to financial success. In this article, we learned about IPO and successful IPOs launched in 2021. We hope this article helps you understand some basics of investing and makes investing familiar to you.
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