Year Ender 2021: The year of IPOs but the best is yet to come

Over Rs 10 lakh crores were raised by 56 companies. 2021 was truly the year of the IPOs. There have been more number of IPOs to the market in the last decade itself but the size scale and scope of the primary issues as really kept the market busy. EJ puts together the IPO fairytale but the ending could be a cliff-hanger.

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Year Ender 2022: You are going to be one expensive year

Delivering the good news

• Zomato’s IPO order was ready to be picked up as the foodtech unicorn was the first startup off the block to kickstart the startup listing tsunami. Subscribed 38 times Zomato gave the customers more than they ordered for.

Dressed up and how!

• Adding a verse to the startup song was Beauty E-retailer Nykaa and what a chorus it was. Subscriber over 81 times it made founder Falguni India’s wealthiest self-made female billionaire.

Then comes the party pooper!

• From India’s most valued startup to India’s biggest IPO to The Year’s most disastrous listing. Paytm was found itself without a chair when the music stopped at the IPO party. 1.8 times subscribed, 122 anchor investors but that was not enough as the fintech bought tears to investors who saw their investment values drop 40% from the word go.

The afterparty continues

Enough of the bad news – there is a solid afterparty and there are many who made smart choices who are enjoying it. Over 17 IPOs have more than doubled investors' money in 2021. Here are some of the astounding returns

• Paras Defence – up 300% from the issue price of 178/share, subscribed 304 times
• Latent View Analytics Ltd - up 200%, subscribed 326x
• Sigachi – 150%, subscribed 101x