Top 10 IPOs 2018
Rankings of mainboard IPOs on NSE and BSE that closed in 2018: 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
| # | IPO | Issue size |
|---|---|---|
| 1 | Hindustan Aeronautics Mar 2018 | ₹7,191 Cr |
| 2 | Bandhan Bank Mar 2018 | ₹4,473 Cr |
| 3 | HDFC Asset Management Company Jul 2018 | ₹2,800 Cr |
| 4 | Varroc Engineering Jun 2018 | ₹1,955 Cr |
| 5 | Aavas Financiers Sep 2018 | ₹1,734 Cr |
| 6 | Bharat Dynamics Mar 2018 | ₹1,667 Cr |
| 7 | Lemon Tree Hotels Mar 2018 | ₹1,039 Cr |
| 8 | Aster DM Healthcare Feb 2018 | ₹1,010 Cr |
| 9 | Ircon International Sep 2018 | ₹806 Cr |
| 10 | RITES Jun 2018 | ₹799 Cr |
Best listings
| # | IPO | Listing gain |
|---|---|---|
| 1 | Apollo Micro Systems Jan 2018 | +69.1% |
| 2 | HDFC Asset Management Company Jul 2018 | +56.9% |
| 3 | Amber Enterprises India Jan 2018 | +36.8% |
| 4 | Bandhan Bank Mar 2018 | +33.1% |
| 5 | Lemon Tree Hotels Mar 2018 | +10.0% |
| 6 | Varroc Engineering Jun 2018 | +5.0% |
| 7 | Sandhar Technologies Mar 2018 | +4.2% |
| 8 | Fine Organic Industries Jun 2018 | +4.1% |
| 9 | Newgen Software Technologies Jan 2018 | +3.7% |
| 10 | Galaxy Surfactants Jan 2018 | +3.0% |
Worst listings
| # | IPO | Listing gain |
|---|---|---|
| 1 | Karda Constructions Mar 2018 | -24.4% |
| 2 | Bharat Dynamics Mar 2018 | -13.6% |
| 3 | Ircon International Sep 2018 | -13.3% |
| 4 | Garden Reach Shipbuilders & Engineers Oct 2018 | -13.1% |
| 5 | Aavas Financiers Sep 2018 | -8.7% |
| 6 | Hindustan Aeronautics Mar 2018 | -5.2% |
| 7 | Aster DM Healthcare Feb 2018 | -3.7% |
| 8 | Mishra Dhatu Nigam Mar 2018 | -3.3% |
| 9 | TCNS Clothing Co. Jul 2018 | 0.0% |
| 10 | H.G.Infra Engineering Feb 2018 | 0.0% |
Highest day-1 high
| # | IPO | Day high vs issue |
|---|---|---|
| 1 | Apollo Micro Systems Jan 2018 | +74.5% |
| 2 | HDFC Asset Management Company Jul 2018 | +67.6% |
| 3 | Amber Enterprises India Jan 2018 | +47.7% |
| 4 | Bandhan Bank Mar 2018 | +33.1% |
| 5 | Lemon Tree Hotels Mar 2018 | +32.0% |
| 6 | RITES Jun 2018 | +21.4% |
| 7 | Galaxy Surfactants Jan 2018 | +17.2% |
| 8 | Varroc Engineering Jun 2018 | +9.8% |
| 9 | Newgen Software Technologies Jan 2018 | +8.9% |
| 10 | Fine Organic Industries Jun 2018 | +6.5% |
Most subscribed overall
| # | IPO | Total |
|---|---|---|
| 1 | Apollo Micro Systems Jan 2018 | 249x |
| 2 | Amber Enterprises India Jan 2018 | 165x |
| 3 | HDFC Asset Management Company Jul 2018 | 83.1x |
| 4 | RITES Jun 2018 | 67.2x |
| 5 | Bandhan Bank Mar 2018 | 14.6x |
| 6 | Ircon International Sep 2018 | 9.90x |
| 7 | Fine Organic Industries Jun 2018 | 8.99x |
| 8 | Newgen Software Technologies Jan 2018 | 8.25x |
| 9 | Sandhar Technologies Mar 2018 | 6.19x |
| 10 | Varroc Engineering Jun 2018 | 3.59x |
Most subscribed by institutions
| # | IPO | QIB |
|---|---|---|
| 1 | HDFC Asset Management Company Jul 2018 | 192x |
| 2 | Amber Enterprises India Jan 2018 | 175x |
| 3 | Apollo Micro Systems Jan 2018 | 102x |
| 4 | RITES Jun 2018 | 71.7x |
| 5 | Bandhan Bank Mar 2018 | 38.7x |
| 6 | Newgen Software Technologies Jan 2018 | 15.6x |
| 7 | Sandhar Technologies Mar 2018 | 14.5x |
| 8 | Fine Organic Industries Jun 2018 | 12.9x |
| 9 | Ircon International Sep 2018 | 12.3x |
| 10 | Varroc Engineering Jun 2018 | 9.16x |
Most subscribed by HNIs
| # | IPO | NII |
|---|---|---|
| 1 | Apollo Micro Systems Jan 2018 | 958x |
| 2 | Amber Enterprises India Jan 2018 | 519x |
| 3 | HDFC Asset Management Company Jul 2018 | 195x |
| 4 | RITES Jun 2018 | 195x |
| 5 | Fine Organic Industries Jun 2018 | 21.0x |
| 6 | Bandhan Bank Mar 2018 | 13.9x |
| 7 | Sandhar Technologies Mar 2018 | 6.39x |
| 8 | Newgen Software Technologies Jan 2018 | 5.52x |
| 9 | Ircon International Sep 2018 | 4.92x |
| 10 | Karda Constructions Mar 2018 | 3.44x |
Most subscribed by retail
| # | IPO | Retail |
|---|---|---|
| 1 | Apollo Micro Systems Jan 2018 | 40.2x |
| 2 | RITES Jun 2018 | 15.7x |
| 3 | Amber Enterprises India Jan 2018 | 11.7x |
| 4 | Ircon International Sep 2018 | 10.1x |
| 5 | HDFC Asset Management Company Jul 2018 | 6.73x |
| 6 | Newgen Software Technologies Jan 2018 | 5.18x |
| 7 | Karda Constructions Mar 2018 | 2.01x |
| 8 | Fine Organic Industries Jun 2018 | 1.62x |
| 9 | Sandhar Technologies Mar 2018 | 1.42x |
| 10 | Bharat Dynamics Mar 2018 | 1.41x |
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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.
