The year 2024 witnessed a surge in the primary market, with around 62 companies raising Rs 64,477 crore through initial public offerings (IPOs). Small and medium enterprises (SMEs) also made a mark, with 165 SME companies collectively raising Rs 5,500 crore via IPOs (SME, as of August 24). This represents the second-highest number of SME IPOs in recent years, trailing only the 183 companies that raised funds in 2023, PRIME Database data suggests. The strong participation in both mainline and SME IPOs highlights a healthy investment climate and increasing market confidence Top 5 IPO Subscriptions in 2024 The top five IPO subscriptions in 2024 showcased strong investor demand across various sectors. Vibhor Steel Tubes led the list with a remarkable subscription ratio of 299.7 for an issue size of Rs 72.2 crore, signaling robust interest in the steel sector. Manba Finance followed with a subscription ratio of 224.1 for its Rs 150.8 crore issue, reflecting solid confidence in the finance sector. These figures underscore a dynamic market and strong investor appetite throughout 2024. ETMarkets.com Top IPO Performers in 2024 Several IPOs have delivered multibagger returns in 2024. Notably, three stocks provided listing day gains of 30-40%, later soaring by more than 100%. In contrast, Bajaj Housing Finance has posted a return of 125%, although this is slightly lower than its listing day gain of 136%. Stock TradingMarket 101: An Insight into Trendlines and MomentumBy - Rohit Srivastava, Founder- Indiacharts.comView Program Stock TradingMarkets 102: Mastering Sentiment Indicators for Swing and Positional TradingBy - Rohit Srivastava, Founder- Indiacharts.comView Program Stock TradingMarket 103: Mastering Trends with RMI and Techno-Funda InsightsBy - Rohit Srivastava, Founder- Indiacharts.comView Program Stock TradingMarket 104: Options Trading: Kickstart Your F&O AdventureBy - Saketh R, Founder- QuickAlpha, Full Time Options TraderView Program Stock TradingROC Made Easy: Master Course for ROC Stock IndicatorBy - Souradeep Dey, Equity and Commodity Trader, TrainerView Program Stock TradingRSI Made Easy: RSI Trading CourseBy - Souradeep Dey, Equity and Commodity Trader, TrainerView Program Stock TradingTechnical Analysis for Everyone - Technical Analysis CourseBy - Abhijit Paul, Technical Research Head, Fund Manager- ICICI SecuritiesView Program Stock TradingIntroduction to Technical Analysis & Candlestick TheoryBy - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology ExpertView Program Stock TradingOptions Trading Course For BeginnersBy - Chetan Panchamia, Options TraderView Program Stock TradingOptions Scalping Made EasyBy - Sivakumar Jayachandran, Ace ScalperView Program Stock TradingFutures Trading Made Easy: Future & Options Trading CourseBy - Anirudh Saraf, Founder- Saraf A & Associates, Chartered AccountantView Program Stock TradingStock Markets Made EasyBy - elearnmarkets, Financial Education by StockEdgeView Program Stock TradingRenko Chart Patterns Made EasyBy - Kaushik Akiwatkar, Derivative Trader and InvestorView Program Stock TradingOptions Trading Made Easy: Options Trading CourseBy - Anirudh Saraf, Founder- Saraf A & Associates, Chartered AccountantView Program Stock TradingStock Investing Made Easy: Beginner's Stock Market Investment CourseBy - elearnmarkets, Financial Education by StockEdgeView Program Stock TradingMacroeconomics Made Easy: Online Certification CourseBy - Anirudh Saraf, Founder- Saraf A & Associates, Chartered AccountantView Program Stock TradingStock Valuation Made EasyBy - Rounak Gouti, Investment commentary writer, Experience in equity researchView Program ETMarkets.com Historical IPO Figures in 2024 In 2024 so far, about 62 companies have launched IPOs, collectively raising around Rs 64,477 crore. With several more IPOs expected before year-end, 2024 is on track to be a landmark year in recent period. ETMarkets.com Multibagger Returns on Listing Day In 2024, three mainline IPOs achieved over 100% gains on their listing day. However, two of these stocks experienced slight corrections afterward but are still trading around 70% above their issue price. ETMarkets.com (You can now subscribe to our ETMarkets WhatsApp channel) (You can now subscribe to our ETMarkets WhatsApp channel)
