Top 10 IPOs 2016

Rankings of mainboard IPOs on NSE and BSE that closed in 2016: size, listing day, demand from each investor category and how they have done since listing. Listing figures are NSE's prices against the issue price.

Biggest IPOs

#IPOIssue size
1 Laurus Labs Dec 2016 ₹1,334 Cr
2 Larsen & Toubro Infotech Jul 2016 ₹1,242 Cr
3 RBL Bank Aug 2016 ₹1,219 Cr
4 Endurance Technologies Oct 2016 ₹1,162 Cr
5 Infibeam Incorporation Mar 2016 ₹1,148 Cr
6 Varun Beverages Oct 2016 ₹1,112 Cr
7 L&T Technology Services Sep 2016 ₹894 Cr
8 Ujjivan Financial Services May 2016 ₹892 Cr
9 Dilip Buildcon Aug 2016 ₹672 Cr
10 HealthCare Global Enterprises Mar 2016 ₹650 Cr

Best listings

#IPOListing gain
1 Quess Corp Jul 2016 +57.7%
2 Thyrocare Technologies Apr 2016 +49.1%
3 Advanced Enzyme Technologies Jul 2016 +35.0%
4 Equitas Holdings Apr 2016 +31.9%
5 Mahanagar Gas Jun 2016 +28.3%
6 RBL Bank Aug 2016 +21.9%
7 GNA Axles Sep 2016 +21.7%
8 Endurance Technologies Oct 2016 +21.2%
9 Sheela Foam Dec 2016 +17.8%
10 Laurus Labs Dec 2016 +14.5%

Worst listings

#IPOListing gain
1 Precision Camshafts Jan 2016 -11.3%
2 Larsen & Toubro Infotech Jul 2016 -6.1%
3 HPL Electric and Power Sep 2016 -5.9%
4 Quick Heal Technologies Feb 2016 -5.0%
5 HealthCare Global Enterprises Mar 2016 -3.6%
6 Varun Beverages Oct 2016 -3.4%
7 Parag Milk Foods May 2016 +1.2%
8 TeamLease Services Feb 2016 +1.2%
9 S.P. Apparels Aug 2016 +2.6%
10 Infibeam Incorporation Mar 2016 +4.9%

Highest day-1 high

#IPODay high vs issue
1 Quess Corp Jul 2016 +60.7%
2 Thyrocare Technologies Apr 2016 +49.1%
3 Sheela Foam Dec 2016 +41.4%
4 Advanced Enzyme Technologies Jul 2016 +38.8%
5 Endurance Technologies Oct 2016 +38.6%
6 RBL Bank Aug 2016 +35.8%
7 Equitas Holdings Apr 2016 +33.6%
8 Mahanagar Gas Jun 2016 +30.4%
9 GNA Axles Sep 2016 +26.5%
10 TeamLease Services Feb 2016 +21.4%

Most subscribed overall

#IPOTotal
1 Quess Corp Jul 2016 144x
2 Advanced Enzyme Technologies Jul 2016 116x
3 Thyrocare Technologies Apr 2016 73.5x
4 RBL Bank Aug 2016 69.6x
5 TeamLease Services Feb 2016 66.0x
6 GNA Axles Sep 2016 54.9x
7 Endurance Technologies Oct 2016 43.8x
8 Ujjivan Financial Services May 2016 40.7x
9 Dilip Buildcon Aug 2016 20.9x
10 Larsen & Toubro Infotech Jul 2016 11.7x

Most subscribed by institutions

#IPOQIB
1 Advanced Enzyme Technologies Jul 2016 94.0x
2 RBL Bank Aug 2016 85.1x
3 Thyrocare Technologies Apr 2016 73.2x
4 Quess Corp Jul 2016 59.0x
5 Endurance Technologies Oct 2016 53.4x
6 Ujjivan Financial Services May 2016 33.8x
7 TeamLease Services Feb 2016 27.0x
8 Larsen & Toubro Infotech Jul 2016 19.9x
9 GNA Axles Sep 2016 17.2x
10 Sheela Foam Dec 2016 14.5x

Most subscribed by HNIs

#IPONII
1 Advanced Enzyme Technologies Jul 2016 393x
2 Quess Corp Jul 2016 392x
3 Thyrocare Technologies Apr 2016 225x
4 GNA Axles Sep 2016 217x
5 RBL Bank Aug 2016 198x
6 TeamLease Services Feb 2016 185x
7 Ujjivan Financial Services May 2016 135x
8 Endurance Technologies Oct 2016 127x
9 Dilip Buildcon Aug 2016 79.6x
10 HPL Electric and Power Sep 2016 22.2x

Most subscribed by retail

#IPORetail
1 Quess Corp Jul 2016 34.1x
2 GNA Axles Sep 2016 11.8x
3 Advanced Enzyme Technologies Jul 2016 11.7x
4 TeamLease Services Feb 2016 10.6x
5 Thyrocare Technologies Apr 2016 8.73x
6 GreenSignal Bio Pharma Nov 2016 8.47x
7 Larsen & Toubro Infotech Jul 2016 7.39x
8 RBL Bank Aug 2016 5.70x
9 Ujjivan Financial Services May 2016 4.02x
10 HPL Electric and Power Sep 2016 3.31x
Important: The AI listing estimates on Flash Finance are statistical estimates drawn from how past Indian IPOs have listed. They are not a forecast of what any IPO will do, not a recommendation to apply, buy or sell, and not investment advice. Listing prices depend on market conditions on the listing day and can differ widely from any estimate; past patterns may not repeat. Subscription figures are as published by NSE (bids on NSE and BSE together) and can be revised. Flash Finance is not a SEBI-registered investment adviser or research analyst. Read the issue's Red Herring Prospectus and consult a SEBI-registered adviser before you invest.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI