Mainboard IPOs of 2016: subscription and listing gains
Every mainboard IPO whose bidding closed in 2016, with its size, issue price, how many times each investor category subscribed (NSE and BSE together) and how it did on its first day of trading on NSE. Click a column to sort.
25
Mainboard IPOs
₹14,086 Cr
Raised
+12.7%
Avg listing gain
median +8.3%
75%
Listed at a premium
+19.8%
Avg day-1 high
9.90x
Median subscription
| Company | Closed | Size | Issue price | QIB | NII | Retail | Total | Listing gain | Day high | Day close | Now | AI estimate |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Laurus LabsLAURUSLABS · listed 19 Dec 2016 | 08 Dec | ₹1,334 Cr | ₹428 | 10.5x | 3.58x | 1.67x | 4.57x | +14.5% | +16.4% | +12.2% | — | — |
| Sheela FoamSFL · listed 09 Dec 2016 | 01 Dec | ₹548 Cr | ₹730 | 14.5x | 3.35x | 0.44x | 5.09x | +17.8% | +41.4% | +41.4% | — | — |
| GreenSignal Bio PharmaGSBPL | 22 Nov | ₹235 Cr | ₹76.0 | 0.21x | 0.13x | 8.47x | 1.02x | — | — | — | — | — |
| Varun BeveragesVBL · listed 08 Nov 2016 | 28 Oct | ₹1,112 Cr | ₹445 | 4.94x | 0.42x | 0.82x | 1.86x | -3.4% | +6.0% | +3.3% | — | — |
| Endurance TechnologiesENDURANCE · listed 19 Oct 2016 | 07 Oct | ₹1,162 Cr | ₹472 | 53.4x | 127x | 2.69x | 43.8x | +21.2% | +38.6% | +37.1% | — | — |
| HPL Electric and PowerHPL · listed 04 Oct 2016 | 26 Sep | ₹417 Cr | ₹202 | 5.77x | 22.2x | 3.31x | 8.06x | -5.9% | -2.0% | -6.3% | — | — |
| GNA AxlesGNA · listed 26 Sep 2016 | 16 Sep | ₹130 Cr | ₹207 | 17.2x | 217x | 11.8x | 54.9x | +21.7% | +26.5% | +18.4% | — | — |
| L&T Technology ServicesLTTS · listed 23 Sep 2016 | 15 Sep | ₹894 Cr | ₹860 | 5.01x | 1.03x | 1.75x | 2.53x | +7.0% | +8.3% | +1.1% | — | — |
| RBL BankRBLBANK · listed 31 Aug 2016 | 23 Aug | ₹1,219 Cr | ₹225 | 85.1x | 198x | 5.70x | 69.6x | +21.9% | +35.8% | +33.1% | — | — |
| S.P. ApparelsSPAL · listed 12 Aug 2016 | 04 Aug | ₹254 Cr | ₹268 | 2.21x | 5.10x | 1.90x | 2.66x | +2.6% | +7.7% | +7.7% | — | — |
| Dilip BuildconDBL · listed 11 Aug 2016 | 03 Aug | ₹672 Cr | ₹219 | 9.76x | 79.6x | 2.35x | 20.9x | +9.6% | +16.4% | +14.9% | — | — |
| Advanced Enzyme TechnologiesADVENZYMES · listed 01 Aug 2016 | 22 Jul | ₹413 Cr | ₹896 | 94.0x | 393x | 11.7x | 116x | +35.0% | +38.8% | +31.5% | — | — |
| Larsen & Toubro InfotechLTI · listed 21 Jul 2016 | 13 Jul | ₹1,242 Cr | ₹710 | 19.9x | 10.8x | 7.39x | 11.7x | -6.1% | 0.0% | -1.8% | — | — |
| Quess CorpQUESS · listed 12 Jul 2016 | 01 Jul | ₹411 Cr | ₹317 | 59.0x | 392x | 34.1x | 144x | +57.7% | +60.7% | +58.7% | — | — |
| Mahanagar GasMGL · listed 01 Jul 2016 | 23 Jun | — | ₹421 | — | — | — | — | +28.3% | +30.4% | +23.6% | — | — |
| Parag Milk FoodsPARAGMILK · listed 19 May 2016 | 11 May | — | ₹215 | — | — | — | — | +1.2% | +16.1% | +14.9% | — | — |
| Ujjivan Financial ServicesUJJIVAN · listed 10 May 2016 | 02 May | ₹892 Cr | ₹210 | 33.8x | 135x | 4.02x | 40.7x | +10.4% | +16.5% | +10.3% | — | — |
| Thyrocare TechnologiesTHYROCARE · listed 09 May 2016 | 29 Apr | ₹479 Cr | ₹446 | 73.2x | 225x | 8.73x | 73.5x | +49.1% | +49.1% | +38.7% | — | — |
| Equitas HoldingsEQUITAS · listed 21 Apr 2016 | 07 Apr | — | ₹110 | — | — | — | — | +31.9% | +33.6% | +22.9% | — | — |
| Infibeam IncorporationINFIBEAM · listed 04 Apr 2016 | 23 Mar | ₹1,148 Cr | ₹432 | 0.86x | 2.23x | 1.31x | 1.11x | +4.9% | +8.1% | +3.2% | — | — |
| Bharat Wire RopesBHARATWIRE · listed 01 Apr 2016 | 22 Mar | — | ₹45.0 | — | — | — | — | +5.0% | +5.0% | +1.2% | — | — |
| HealthCare Global EnterprisesHCG · listed 30 Mar 2016 | 18 Mar | ₹650 Cr | ₹218 | 2.36x | 0.43x | 0.83x | 1.56x | -3.6% | -2.8% | -21.6% | — | — |
| Quick Heal TechnologiesQUICKHEAL · listed 18 Feb 2016 | 10 Feb | — | ₹321 | — | — | — | — | -5.0% | +2.8% | -20.9% | — | — |
| TeamLease ServicesTEAMLEASE · listed 12 Feb 2016 | 04 Feb | ₹450 Cr | ₹850 | 27.0x | 185x | 10.6x | 66.0x | +1.2% | +21.4% | +20.3% | — | — |
| Precision CamshaftsPRECAM · listed 08 Feb 2016 | 29 Jan | ₹424 Cr | ₹186 | 2.62x | 0.73x | 2.01x | 1.91x | -11.3% | -0.5% | -4.6% | — | — |
Subscription and issue size: for these issues, the figures NSE publishes (NSE and BSE bids together; for issues sized in rupees NSE counts the shares on offer at the lower end of the price band, so these can be up to about 7% below final figures quoted elsewhere) and an issue size estimated from the shares on offer (including the anchor book) at the issue price. "Now" is the latest NSE close against the issue price, not adjusted for later splits or bonuses. bt marks a back-tested AI estimate: scored by a model that had only seen earlier years' IPOs.
2016 listings by QIB demand
| QIB subscription | IPOs | Avg listing gain | Median | At a premium | Median day high |
|---|---|---|---|---|---|
| Below 1x | 1 | +4.9% | +4.9% | 100% | +8.1% |
| 1x to 10x | 7 | -0.7% | -3.4% | 43% | +6.0% |
| 10x to 50x | 6 | +9.9% | +12.4% | 83% | +19.0% |
| 50x to 150x | 5 | +37.0% | +35.0% | 100% | +38.8% |
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.
