Top debutants of 2021: Sigachi, Paras Defence, Latent, Tatva Chintan more than double investor money on listing day

SUMMARY

Dalal Street has seen a slew of blockbuster listings in the recent times. Sigachi Industries, Paras Defence and Space Technologies, Latent View Analytics and Tatva Chintan are among the newcomers that more than doubled investors’ money on the listing day itself. Here's a list of the top listing day gainers in 2021:

By Sandeep Singh Dec 31, 2021 6:45:34 PM IST (Updated)

Sigachi Industries | The stock debuted at Rs 575 apiece on BSE, a premium of 252.8 percent over its issue price of Rs 163. With that, Sigachi became the best market debutant of the year. Sigachi Industries shares ended the listing day even higher, at Rs 603.8 apiece on the bourse, a premium of 270.4 percent. The company's IPO saw an overall subscription of 102 times the shares on offer.

Paras Defence & Space Technologies | The stock ended the listing day at Rs 498.8 apiece on BSE, a premium of 185 percent over its issue price of Rs 175, having opened at a premium of 171.4 percent. Paras Defence's IPO was subscribed 304.3 times.

Latent View Analytics | The stock began its journey in the secondary market at Rs 530 apiece on BSE, a premium of 169 percent over its issue price of Rs 197. However, Latent View shares gave up some of those gains at the end of the listing day, closing at Rs 488.6 apiece on the bourse, a premium of 148 percent. The company's IPO saw an overall booking of 326.5 times the shares on offer.

Tatva Chintan Pharma Chem | The stock debuted at Rs 2,111.8 apiece on BSE, a premium of 95 percent over its issue price of Rs 1,083. Tatva Chintan shares ended the listing day even higher, at Rs 2,310.3 apiece on the bourse, taking its listing day premium to 113.3 percent. Its IPO was booked 180.4 times the shares on offer.

Indigo Paints | The stock listed on BSE at Rs 2,607.5 apiece, a premium of 75 percent over its issue price of Rs 1,490. The stock took its premium to 109.3 percent at the end of the listing day, closing at Rs 3,118.7 apiece on the bourse. Its IPO saw an overall subscription of 117 times.

G R Infraprojects | Shares started their journey on BSE at Rs 1,700 apiece, a premium of 103.1 percent over the issue price of Rs 837. The G R Infra stock ended the listing day at Rs 1,746.8 apiece on the bourse, a premium of 108.7 percent. The company's IPO was booked 102.6 times the shares on offer.

Nykaa (FSN E-Commerce Ventures) | The stock extended gains after listing at Rs 2,001 apiece on BSE, a premium of 77.9 percent over the issue price of Rs 1,125. At the end of the listing day, Nykaa shares were at Rs 2,206.7 apiece on BSE, a premium of 96.2 percent. The IPO of Nykaa saw bids to the tune of 81.8 times the shares on offer.

MTAR Technologies | The stock ended the listing day at Rs 1,082.3 apiece on BSE, a premium of 88.2 percent over its issue price of Rs 575 apiece. Earlier that day, MTAR Tech shares began their journey on BSE at a premium of 85 percent, opening at Rs 1,063.9 apiece. The company's IPO was subscribed 200.8 times.

Go Fashion | The stock listed at Rs 1,316 apiece on BSE, a premium of 90.7 percent over the issue price of Rs 690. Go Fashion shares, however, gave up some of opening gains on the listing day to settle at Rs 1,252.6 apiece, a premium of 81.5 percent. The IPO of the company -- which runs Go Colors outlets -- saw a subscription of 135.5 times the shares on offer.

Clean Science and Technology | The stock debuted at Rs 1,784.4 apiece on BSE, a premium of 98.3 percent over its issue price of Rs 900. However, it ended the listing day at Rs 1,585.2, a premium of 76.1 percent. The Clean Science IPO was subscribed an overall 93.4 times.