If you’ve recently come across the term Initial Public Offering (IPO) or read our blogs on IPOs, you may have wondered, what were the biggest IPOs in India?
Well, if that’s the case, you’ve come to the right place. This blog is all about the biggest IPOs in the history of India. Knowing what the biggest and the best IPOs were worth gives us a benchmark to compare our existing or future investments with.
But before we delve into a list of the 9 biggest IPOs in India, let’s figure out what an IPO means. Psst… If you’re an investor who values your money, stick around till the end of this blog to know if you should invest in IPOs.
9 Of The Best Indian IPOs Since 2000
1. Coal India IPO
IPO year: 2010
IPO value: ₹15,200 crore
Issue date: 18th to 21st October 2010
Listing date: 4th November 2010
Price Per Share: ₹225 to ₹245
Current Price Per Share: ₹125.20
Current Market Cap: ₹76,695.15 Cr
2. Reliance Power IPO
IPO year: 2008
IPO value: ₹11,700 crore
Issue date: 15th to 18th January 2008
Listing date: 11th February 2008
Price Per Share: ₹405 to ₹450
Current Price Per Share: ₹3.20
Current Market Cap: ₹900.45 Cr
3. General Insurance Corporation (GIC) IPO
IPO year: 2017
IPO value: ₹11,256.83 crore
Issue date: 11th to 13th October 2017
Listing date: 25th October 2017
Price Per Share: ₹855 to ₹912
Current Price Per Share: ₹138.10
Current Market Cap: ₹24,201.95 Cr
4. Oil and Natural Gas Corp (ONGC) IPO
IPO year: 2004
IPO value: ₹10,534 crore (adjusted for inflation)
Issue date: 5th to 13th March 2004
Price Per Share: ₹680 to ₹750 (adjusted for inflation)
Current Price Per Share: ₹80.30
Current Market Cap: ₹100,956.74 Cr
5. New India Assurance IPO
IPO year: 2017
IPO value: ₹9,585.82 crore
Issue date: 1st to 3rd November 2017
Listing date: 13th November 2017
Price Per Share: ₹770 to ₹800
Current Price Per Share: ₹118.05
Current Market Cap: ₹19,487.60 Cr
6. DLF IPO
IPO year: 2007
IPO value: ₹9,187.5 crore
Issue date: 11th to 14th June 2007
Listing date: 5th July 2007
Price Per Share: ₹500 to ₹550
Current Price Per Share: ₹184.50
Current Market Cap: ₹45,644.75 Cr
7. HDFC Standard Life Insurance IPO
IPO year: 2017
IPO value: ₹8,695.01 crore
Issue date: 7th to 9th November 2017
Listing date: 17th November 2017
Price Per Share: ₹275 to ₹290
Current Price Per Share: ₹660.80
Current Market Cap: ₹133,456.82 Cr
8. Cairn India IPO
IPO year: 2006
IPO value: ₹8,616 crore
Issue date: 11th to 15th December 2006
Listing date: 9th January 2007
Price Per Share: ₹160 to ₹190
Current Price Per Share: NA
Current Market Cap: NA
Cairn India amalgamated with Vedanta Ltd in 2018.
9. ICICI Prudential Life Insurance IPO
IPO year: 2016
IPO value: ₹6,057 crore
Issue date: 19th to 21st September 2016
Listing date: 29th September 2016
Price Per Share: ₹300 to ₹334
Current Price Per Share: ₹454.50
Current Market Cap: ₹65,247.42 Cr
IMPORTANT NOTE: The data above shows that 7 out of the 9 biggest IPOs in India are currently trading drastically below their issue price. If you’re looking for good investments consider investing in Indian stocks under advisory or US Stocks using the Cube Wealth App.
We work with experts to help you pick investments that will be best suited to your needs.
Private companies are allowed to have a limited number of investors by law. So if a private company wants to bring more investors on board, it has to go public.
The process of going public is initiated through an Initial Public Offering (IPO). An IPO allows the company to trade on the stock exchange. So regular investors from outside the company can buy and sell shares.
IPOs are more commonplace in India than most Indians think. There have been 43 IPOs in 2020 alone. Compared to the number of IPOs since 2008 (164), this is promising. Some of these IPOs even hold the title of the biggest IPOs ever seen in India.
Should You Invest In An IPO?
There are risks and rewards to each investment and IPOs fall under the high risk-high reward category. IPOs allow investors to get in cheap and get potentially high returns in the future along with brand exposure.
But of course, not every investor is comfortable with the uncertainty and high risk-high reward potential of IPOs. The great Warren Buffet himself avoids IPO investments. Except, he still regrets not investing in Amazon's IPO.
Even so, investing in any market instrument would depend on your investment goals, risk tolerance, age, and other factors. But there are better alternatives to investing in an IPO. Speak to a Cube Wealth coach to know more.
Are There Investment Options Better Than An IPO?
Investing in US stocks could be a potential option if you’re looking for investments that offer similar benefits to an IPO. The US market dwarfs its competitors easily and the S&P 500 hosts the 500 of the biggest companies (by market capitalization) in the world.
Shriram is a Consultant at CubeWealth. He has developed cutting edge IT products for over 2 years before turning to his passion for the written word. His love for philosophy, developing products, and empowering people through quality content is what got him to CubeWealth.
Top 5 Reasons To Try Our Powerful Investment App!
Schedule a call based on your convenience. And get an expert to help you invest.
on stock picking, poring over excel sheets, financial news, analyzing market trends, tracking the Sensex, researching company fundamentals, comparing mutual funds, reading financial reports, trying to predict the future & losing your sanity!