India’s IPO scene has delivered some of the most thrilling stock market debuts ever. From explosive listing returns to long-term multibaggers, here’s a curated list of standout IPOs-fresh, engaging, and totally human-written.
All-Time Top 10 IPOs by Listing Day Gains
| Rank | Company | Year | Listing Gain (%) |
|---|---|---|---|
| 1 | Sigachi Industries | 2021 | +270 |
| 2 | Vibhor Steel Tubes | 2024 | +193 |
| 3 | Paras Defence & Space Technologies | 2021 | +185 |
| 4 | Religare Enterprises | 2007 | +182 |
| 5 | Vishal Retail | 2007 | +179 |
| 6 | BLS E-Services | 2024 | +175 |
| 7 | Tata Technologies | 2023 | +163 |
| 8 | Aishwarya Telecom | 2008 | +160 |
| 9 | Nitin Fire Protection Industries | 2007 | +155 |
| 10 | Latent View Analytics | 2021 | +148 |
Source: ICICI Direct and Chittorgarh data ICICI DirectChittorgarh
2024 Standouts with Staying Power
2024’s IPO Blockbusters: Big On Debut, Bigger on Growth
Highlight Table: Best 2024 IPOs by Listing Performance
| Company | Listing Gain (%) | Current Gain Since IPO (%) |
|---|---|---|
| Vibhor Steel Tubes | +181 | (Correction since) |
| BLS E-Services | +126 | ~+80 from IPO |
| Bajaj Housing Finance | +151 | – |
| Premier Energies | +120 | – |
| Unicommerce eSolutions | +99 | – |
| Jyoti CNC Automation (post) | – | +308 since IPO |
| KRN Heat Exchanger (post) | +118 | +226 since IPO |
Sources: InvezzAngel OneUpstox – Online Stock and Share Trading
SME IPO Success Stories
SME IPOs That Took Off: 2024’s High-Flying Small-Cap Lists
Top SME Debuts of 2024
| Company | Listing Gain (%) | Current Price Trend |
|---|---|---|
| Winsol Engineers | +387 | – |
| Kay Cee Energy & Infra | +367 | – |
| Maxposure | +339 | Down ~39% from peak |
| Medicamen Organics | +306 | Down ~60% from peak |
| GP Eco Solutions | +299 | – |
Source: Groww blog & Trendlyne summary Groww
Why These Matter for Investors
- Momentum vs. Fundamentals: IPO gains are exciting, but long-term wealth comes from robust financials and execution.
- Volatility Ahead: Several high-gain IPOs saw quick corrections, highlighting the need for caution.
- Emerging Sectors Shine: Renewable energy, tech, and niche manufacturing dominate big gains-but may not sustain momentum.
