Top 10 IPOs 2022
Rankings of mainboard IPOs on NSE and BSE that closed in 2022: 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 | Life Insurance Corporation of India May 2022 | ₹21,008 Cr |
| 2 | Delhivery May 2022 | ₹5,519 Cr |
| 3 | Adani Wilmar Jan 2022 | ₹3,810 Cr |
| 4 | Vedant Fashions Feb 2022 | ₹3,149 Cr |
| 5 | Global Health Nov 2022 | ₹2,252 Cr |
| 6 | FiveStar Business Finance Nov 2022 | ₹2,065 Cr |
| 7 | Paradeep Phosphates May 2022 | ₹1,637 Cr |
| 8 | KFin Technologies Dec 2022 | ₹1,582 Cr |
| 9 | Rainbow Childrens Medicare Apr 2022 | ₹1,581 Cr |
| 10 | Campus Activewear Apr 2022 | ₹1,400 Cr |
Best listings
| # | IPO | Listing gain |
|---|---|---|
| 1 | Dreamfolks Services Aug 2022 | +56.0% |
| 2 | Electronics Mart India Oct 2022 | +52.5% |
| 3 | Hariom Pipe Industries Apr 2022 | +43.8% |
| 4 | Harsha Engineers International Sep 2022 | +36.4% |
| 5 | Kaynes Technology India Nov 2022 | +32.5% |
| 6 | Campus Activewear Apr 2022 | +23.3% |
| 7 | Global Health Nov 2022 | +19.4% |
| 8 | Syrma SGS Technology Aug 2022 | +18.2% |
| 9 | Dharmaj Crop Guard Nov 2022 | +12.3% |
| 10 | UMA Exports Mar 2022 | +11.8% |
Worst listings
| # | IPO | Listing gain |
|---|---|---|
| 1 | Veranda Learning Solutions Mar 2022 | -8.8% |
| 2 | Life Insurance Corporation of India May 2022 | -8.1% |
| 3 | Inox Green Energy Services Nov 2022 | -7.7% |
| 4 | Landmark Cars Dec 2022 | -6.9% |
| 5 | ETHOS May 2022 | -6.0% |
| 6 | Rainbow Childrens Medicare Apr 2022 | -5.9% |
| 7 | Tamilnad Mercantile Bank Sep 2022 | -2.9% |
| 8 | Fusion Micro Finance Nov 2022 | -2.3% |
| 9 | Adani Wilmar Jan 2022 | -1.3% |
| 10 | Elin Electronics Dec 2022 | -1.2% |
Highest day-1 high
| # | IPO | Day high vs issue |
|---|---|---|
| 1 | Dreamfolks Services Aug 2022 | +68.4% |
| 2 | Harsha Engineers International Sep 2022 | +59.9% |
| 3 | Electronics Mart India Oct 2022 | +54.2% |
| 4 | Hariom Pipe Industries Apr 2022 | +51.0% |
| 5 | Campus Activewear Apr 2022 | +43.1% |
| 6 | Syrma SGS Technology Aug 2022 | +41.8% |
| 7 | Kaynes Technology India Nov 2022 | +33.9% |
| 8 | Global Health Nov 2022 | +26.4% |
| 9 | Tracxn Technologies Oct 2022 | +25.0% |
| 10 | Radiant Cash Management Services Dec 2022 | +24.3% |
Most subscribed overall
| # | IPO | Total |
|---|---|---|
| 1 | Harsha Engineers International Sep 2022 | 74.7x |
| 2 | DCX System limited Nov 2022 | 69.8x |
| 3 | Dreamfolks Services Aug 2022 | 56.7x |
| 4 | Campus Activewear Apr 2022 | 51.8x |
| 5 | Dharmaj Crop Guard Nov 2022 | 35.5x |
| 6 | Kaynes Technology India Nov 2022 | 34.2x |
| 7 | Syrma SGS Technology Aug 2022 | 32.6x |
| 8 | Electronics Mart India Oct 2022 | 29.4x |
| 9 | Bikaji Foods International Nov 2022 | 26.7x |
| 10 | Uniparts India Dec 2022 | 25.3x |
Most subscribed by institutions
| # | IPO | QIB |
|---|---|---|
| 1 | Harsha Engineers International Sep 2022 | 178x |
| 2 | Campus Activewear Apr 2022 | 152x |
| 3 | Kaynes Technology India Nov 2022 | 98.5x |
| 4 | Syrma SGS Technology Aug 2022 | 87.6x |
| 5 | DCX System limited Nov 2022 | 84.3x |
| 6 | Bikaji Foods International Nov 2022 | 80.6x |
| 7 | Dreamfolks Services Aug 2022 | 70.5x |
| 8 | Uniparts India Dec 2022 | 67.1x |
| 9 | Electronics Mart India Oct 2022 | 62.3x |
| 10 | Dharmaj Crop Guard Nov 2022 | 48.2x |
Most subscribed by HNIs
| # | IPO | NII |
|---|---|---|
| 1 | Harsha Engineers International Sep 2022 | 71.3x |
| 2 | Dharmaj Crop Guard Nov 2022 | 52.3x |
| 3 | DCX System limited Nov 2022 | 44.0x |
| 4 | Dreamfolks Services Aug 2022 | 37.7x |
| 5 | AGS Transact Technologies Jan 2022 | 25.6x |
| 6 | Electronics Mart India Oct 2022 | 24.5x |
| 7 | Campus Activewear Apr 2022 | 22.3x |
| 8 | Kaynes Technology India Nov 2022 | 21.2x |
| 9 | Uniparts India Dec 2022 | 17.9x |
| 10 | Syrma SGS Technology Aug 2022 | 17.5x |
Most subscribed by retail
| # | IPO | Retail |
|---|---|---|
| 1 | DCX System limited Nov 2022 | 61.8x |
| 2 | Dreamfolks Services Aug 2022 | 43.7x |
| 3 | Dharmaj Crop Guard Nov 2022 | 21.5x |
| 4 | Venus Pipes and Tubes May 2022 | 19.0x |
| 5 | Harsha Engineers International Sep 2022 | 17.6x |
| 6 | Electronics Mart India Oct 2022 | 12.8x |
| 7 | Veranda Learning Solutions Mar 2022 | 10.8x |
| 8 | UMA Exports Mar 2022 | 10.1x |
| 9 | Campus Activewear Apr 2022 | 7.68x |
| 10 | Tamilnad Mercantile Bank Sep 2022 | 6.48x |
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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.
