Mainboard IPOs of 2020: subscription and listing gains
Every mainboard IPO whose bidding closed in 2020, 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.
| Company | Closed | Size | Issue price | QIB | NII | Retail | Total | Listing gain | Day high | Day close | Now | AI estimate |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Antony Waste Handling CellAWHCL · listed 01 Jan 2021 | 23 Dec | ₹217 Cr | ₹315 | 0.89x | 0.26x | 0.38x | 0.50x | +38.4% | +55.5% | +29.3% | — | -1.3%bt |
| Mrs. Bectors Food SpecialitiesBECTORFOOD · listed 24 Dec 2020 | 17 Dec | ₹544 Cr | ₹288 | 177x | 621x | 29.3x | 198x | +73.6% | +108.3% | +106.3% | — | +60.3%bt |
| Burger King IndiaBURGERKING · listed 14 Dec 2020 | 04 Dec | ₹811 Cr | ₹60.0 | 86.6x | 354x | 68.2x | 157x | +87.5% | +125.0% | +125.0% | — | +51.7%bt |
| Gland PharmaGLAND · listed 20 Nov 2020 | 11 Nov | ₹6,480 Cr | ₹1,500 | 6.40x | 0.51x | 0.24x | 2.06x | +14.0% | +23.3% | +21.3% | — | +1.5%bt |
| Equitas Small Finance BankEQUITASBNK · listed 02 Nov 2020 | 22 Oct | — | ₹33.0 | — | — | — | — | -5.8% | +0.5% | -0.6% | — | — |
| Likhitha InfrastructureLIKHITHA · listed 15 Oct 2020 | 07 Oct | ₹62.1 Cr | ₹120 | 22.0x | 1.54x | 23.7x | 9.51x | +8.3% | +13.8% | +13.8% | — | +10.4%bt |
| Mazagon Dock ShipbuildersMAZDOCK · listed 12 Oct 2020 | 01 Oct | ₹773 Cr | ₹145 | 89.7x | 679x | 35.6x | 157x | +48.2% | +49.6% | +18.6% | — | +53.3%bt |
| UTI Asset Management CompanyUTIAMC · listed 12 Oct 2020 | 01 Oct | ₹2,160 Cr | ₹554 | 3.34x | 0.93x | 2.32x | 2.31x | -9.8% | -4.3% | -14.0% | — | +0.1%bt |
| Angel BrokingANGELBRKG · listed 05 Oct 2020 | 24 Sep | ₹602 Cr | ₹306 | 5.74x | 0.69x | 4.31x | 3.94x | -10.1% | -3.0% | -9.9% | — | +1.0%bt |
| Chemcon Speciality ChemicalsCHEMCON · listed 01 Oct 2020 | 23 Sep | ₹318 Cr | ₹340 | 114x | 449x | 41.2x | 149x | +115.0% | +115.1% | +72.0% | — | +58.1%bt |
| Computer Age Management ServicesCAMS | 23 Sep | ₹2,263 Cr | ₹1,240 | 73.2x | 112x | 5.55x | 47.0x | — | — | — | — | — |
| Route MobileROUTE · listed 21 Sep 2020 | 11 Sep | ₹609 Cr | ₹350 | 89.8x | 193x | 12.7x | 73.3x | +104.9% | +110.0% | +86.1% | — | +35.6%bt |
| Happiest Minds TechnologiesHAPPSTMNDS · listed 17 Sep 2020 | 09 Sep | ₹702 Cr | ₹166 | 77.4x | 351x | 70.9x | 151x | +110.8% | +137.9% | +123.5% | — | +50.7%bt |
| Rossari BiotechROSSARI · listed 23 Jul 2020 | 15 Jul | ₹496 Cr | ₹425 | 85.3x | 240x | 7.23x | 79.4x | +57.5% | +89.0% | +74.5% | — | +34.9%bt |
| SBI Cards and Payment ServicesSBICARD · listed 16 Mar 2020 | 05 Mar | — | ₹755 | — | — | — | — | -12.4% | 0.0% | -9.8% | — | — |
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.
AI estimates for 2020 against the outcome
2020 listings by QIB demand
| QIB subscription | IPOs | Avg listing gain | Median | At a premium | Median day high |
|---|---|---|---|---|---|
| Below 1x | 1 | +38.4% | +38.4% | 100% | +55.5% |
| 1x to 10x | 3 | -2.0% | -9.8% | 33% | -3.0% |
| 10x to 50x | 1 | +8.3% | +8.3% | 100% | +13.8% |
| 50x to 150x | 6 | +87.3% | +96.2% | 100% | +112.5% |
| Above 150x | 1 | +73.6% | +73.6% | 100% | +108.3% |
