Top 10 IPOs 2019
Rankings of mainboard IPOs on NSE and BSE that closed in 2019: 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 | Sterling & Wilson Solar Aug 2019 | ₹3,145 Cr |
| 2 | Chalet Hotels Jan 2019 | ₹1,649 Cr |
| 3 | Polycab India Apr 2019 | ₹1,353 Cr |
| 4 | Indian Railway Catering and Tourism Corporation Oct 2019 | ₹1,125 Cr |
| 5 | Rail Vikas Nigam Apr 2019 | ₹842 Cr |
| 6 | Ujjivan Small Finance Bank Dec 2019 | ₹771 Cr |
| 7 | Prince Pipes and Fittings Dec 2019 | ₹503 Cr |
| 8 | Affle India Jul 2019 | ₹457 Cr |
| 9 | CSB Bank Nov 2019 | ₹410 Cr |
| 10 | Neogen Chemicals Apr 2019 | ₹133 Cr |
Best listings
| # | IPO | Listing gain |
|---|---|---|
| 1 | Indian Railway Catering and Tourism Corporation Oct 2019 | +95.6% |
| 2 | Ujjivan Small Finance Bank Dec 2019 | +58.8% |
| 3 | CSB Bank Nov 2019 | +41.0% |
| 4 | Affle India Jul 2019 | +24.3% |
| 5 | IndiaMART InterMESH Jun 2019 | +21.3% |
| 6 | Polycab India Apr 2019 | +17.7% |
| 7 | Neogen Chemicals Apr 2019 | +16.7% |
| 8 | Metropolis Healthcare Apr 2019 | +8.9% |
| 9 | Chalet Hotels Jan 2019 | +5.0% |
| 10 | Vishwaraj Sugar Industries Oct 2019 | +2.0% |
Worst listings
| # | IPO | Listing gain |
|---|---|---|
| 1 | Xelpmoc Design and Tech Jan 2019 | -13.6% |
| 2 | Prince Pipes and Fittings Dec 2019 | -10.1% |
| 3 | MSTC Mar 2019 | -4.2% |
| 4 | Rail Vikas Nigam Apr 2019 | 0.0% |
| 5 | Vishwaraj Sugar Industries Oct 2019 | +2.0% |
| 6 | Chalet Hotels Jan 2019 | +5.0% |
| 7 | Metropolis Healthcare Apr 2019 | +8.9% |
| 8 | Neogen Chemicals Apr 2019 | +16.7% |
| 9 | Polycab India Apr 2019 | +17.7% |
| 10 | IndiaMART InterMESH Jun 2019 | +21.3% |
Highest day-1 high
| # | IPO | Day high vs issue |
|---|---|---|
| 1 | Indian Railway Catering and Tourism Corporation Oct 2019 | +132.4% |
| 2 | Ujjivan Small Finance Bank Dec 2019 | +69.7% |
| 3 | CSB Bank Nov 2019 | +57.3% |
| 4 | IndiaMART InterMESH Jun 2019 | +37.5% |
| 5 | Affle India Jul 2019 | +28.7% |
| 6 | Polycab India Apr 2019 | +24.1% |
| 7 | Neogen Chemicals Apr 2019 | +22.6% |
| 8 | Metropolis Healthcare Apr 2019 | +11.7% |
| 9 | Chalet Hotels Jan 2019 | +7.1% |
| 10 | Rail Vikas Nigam Apr 2019 | +4.2% |
Most subscribed overall
| # | IPO | Total |
|---|---|---|
| 1 | Ujjivan Small Finance Bank Dec 2019 | 166x |
| 2 | Indian Railway Catering and Tourism Corporation Oct 2019 | 112x |
| 3 | CSB Bank Nov 2019 | 86.9x |
| 4 | Affle India Jul 2019 | 86.5x |
| 5 | Polycab India Apr 2019 | 52.0x |
| 6 | Neogen Chemicals Apr 2019 | 41.2x |
| 7 | Xelpmoc Design and Tech Jan 2019 | 3.25x |
| 8 | Prince Pipes and Fittings Dec 2019 | 2.21x |
| 9 | Rail Vikas Nigam Apr 2019 | 1.83x |
| 10 | Chalet Hotels Jan 2019 | 1.57x |
Most subscribed by institutions
| # | IPO | QIB |
|---|---|---|
| 1 | Ujjivan Small Finance Bank Dec 2019 | 111x |
| 2 | Indian Railway Catering and Tourism Corporation Oct 2019 | 109x |
| 3 | Polycab India Apr 2019 | 92.4x |
| 4 | CSB Bank Nov 2019 | 62.2x |
| 5 | Affle India Jul 2019 | 55.3x |
| 6 | Neogen Chemicals Apr 2019 | 30.5x |
| 7 | Chalet Hotels Jan 2019 | 4.66x |
| 8 | Prince Pipes and Fittings Dec 2019 | 3.54x |
| 9 | Rail Vikas Nigam Apr 2019 | 1.36x |
| 10 | Xelpmoc Design and Tech Jan 2019 | 1.24x |
Most subscribed by HNIs
| # | IPO | NII |
|---|---|---|
| 1 | Ujjivan Small Finance Bank Dec 2019 | 473x |
| 2 | Indian Railway Catering and Tourism Corporation Oct 2019 | 355x |
| 3 | Affle India Jul 2019 | 199x |
| 4 | CSB Bank Nov 2019 | 165x |
| 5 | Neogen Chemicals Apr 2019 | 114x |
| 6 | Polycab India Apr 2019 | 110x |
| 7 | Xelpmoc Design and Tech Jan 2019 | 7.69x |
| 8 | Vishwaraj Sugar Industries Oct 2019 | 1.76x |
| 9 | Prince Pipes and Fittings Dec 2019 | 1.21x |
| 10 | Chalet Hotels Jan 2019 | 1.10x |
Most subscribed by retail
| # | IPO | Retail |
|---|---|---|
| 1 | Ujjivan Small Finance Bank Dec 2019 | 49.1x |
| 2 | CSB Bank Nov 2019 | 44.5x |
| 3 | Neogen Chemicals Apr 2019 | 16.1x |
| 4 | Indian Railway Catering and Tourism Corporation Oct 2019 | 14.9x |
| 5 | Affle India Jul 2019 | 11.0x |
| 6 | Polycab India Apr 2019 | 4.65x |
| 7 | Rail Vikas Nigam Apr 2019 | 2.93x |
| 8 | Xelpmoc Design and Tech Jan 2019 | 2.64x |
| 9 | Prince Pipes and Fittings Dec 2019 | 1.89x |
| 10 | Vishwaraj Sugar Industries Oct 2019 | 0.64x |
IPO dashboardOpen and upcoming IPOs with live subscription and AI estimates.
IPO explorerFilter every IPO since 2016 by size, demand, lead manager and outcome.
IPO market trackerYear-by-year and quarterly IPO activity.
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.