10 IPOs of 2024: Check listing day close, earnings for Vibhor Steel Pipes, Bajaj Housing Finance and more

2024 has seen several major IPOs in the primary market delivering impressive listing day gains, showcasing the health and vitality of the capital market. Divided into primary and secondary segments, the capital market plays an important role in providing funds to companies and providing liquidity to investors. When companies raise funds through Initial Public Offerings (IPOs), they gain access to public capital, increase credibility, and gain greater publicity. A successful IPO market reflects a solid economy and an active stock market.

Here’s a look at the 10 IPOs in 2024 and their performance on listing day, measured by percentage gain from the offering price:

1. Vibhor Steel Pipes Limited

Offer Price: 151 rupees
Listing Day Closing: Rs 442
Listing Day Earnings: 192.72%

2. BLS E-Services Limited

Offer Price: Rs 135
Listing Day Closing: Rs 370.75
Listing Day Earnings: 174.63%

3. Bajaj Housing Finance Limited

Offer Price:Rs 70
Listing Day Closing: 164.99 rupees
Listing Day Earnings: 134.70%

4. KRN Heat Exchanger and Cooling Limited

Offer Price: Rs 220
Listing Day Closing: 478.45 rupees
Listing Day Earnings: 117.48%

5. Unicommerce eSolutions Limited

Offer Price: Rs 108
Listing Day Closing: Rs 210.05
Listing Day Earnings: 94.49%

6. Premier Energy Limited

Offer Price: Rs 450
Listing Day Closing: 839.65 rupees
Listing Day Earnings: 86.59%

7. Le Travenues Technology Ltd

Offer Price: Rs 93
Listing Day Closing: 161.99 rupees
Listing Day Earnings: 74.18%

8. JNK INDIA LIMITED.

Offer Price: Rs 415
Listing Day Closing: 693.95 rupees
Listing Day Earnings: 67.22%

9. PN Gadgil Jewelers Limited

Offer Price: Rs 480
Listing Day Closing: 792.90 rupees
Listing Day Earnings: 65.17%

10.DEE Development Engineers Limited

Offer Price: Rs 203
Listing Day Closing: Rs 335
Listing Day Earnings: 65.02%

These IPOs reflect the potential gains available in the primary market, where investors can participate in the growth of emerging and established businesses while contributing to capital formation and market stability.