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10 highest subscribed IPOs in India ever

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Let’s quickly look at the top 10 highest subscribed IPOs on the BSE and NSE.

There are thousands of listed companies in India, and the number of IPOs has skyrocketed over the years as more and more companies go public to be listed on the stock exchange. However, not all IPOs are well received, as companies with solid fundamentals, valuations, and growth prospectus generate good demand from the public and are thus highly oversubscribed, or vice versa.

Below is a list of the top 10 most successful IPOs by total subscription times. These companies have received tremendous responses from investors with huge subscriptions and provided good listing gains. Along with total IPO subscription, also check, IPO listing price, listing gains or losses, and the last price traded in the market.

10 Most subscribed IPOs in India [All-time]

IPO Issue Size Total subscription QIB NII RII IPO Price Listing Gain LTP
Anupam Rasayan Mainline IPO₹760 Cr.44.06x65.74x97.42x10.77x555520.00(-6.31%)784.35(41.32%)
Paras Defence Mainline IPO₹170.78 Cr304.26x169.65x927.70x112.81x175475.00(171.43%)774.85(342.77%)
Azad Engineering Mainline IPO₹740.00 Cr83.04x179.64x90.24x24.51x524.00720(37.40%)1470.7(180.67%)
RBZ Jewellers Mainline IPO₹100.00 Cr16.86x13.43x9.27x24.74x100.00100(0.00%)136.1(36.10%)
Zaggle Prepaid Ocean Services Mainline IPO₹563.38 Cr12.86x16.94x9.16x6.15x164.00164(0.00%)289.65(76.62%)
ESAF Small Finance Bank Mainline IPO₹463.00 Cr77.00x182.66x88.81x17.86x60.0071.00(18.33%)55.6(-7.33%)

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Utkarsh Small Finance Bank Mainline IPO₹500.00 Cr110.77x135.71x88.74x78.38x25.0040.00(60.00%)53.65(114.60%)
Latent View Analytics Mainline IPO₹600 Cr.326.49x145.48x850.66x119.44x197512.20(160.00%)488.65(148.05%)
Medplus Health Mainline IPO₹1,398.30 Cr52.59x111.90x85.33x5.24x7961040.00(30.65%)696.5(-12.50%)
EMS Mainline IPO₹321.24 Cr76.21x149.98x84.39x30.55x211.00282.05(33.67%)453.65(115.00%)

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