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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
Kaynes Technology India Mainline IPO₹857.82Cr34.16x98.47x21.21x4.10x587778.00(32.54%)3234.35(451.00%)
Cyient DLM Mainline IPO₹592.00 Cr71.35x95.87x47.75x52.17x265.00403(52.08%)689.75(160.28%)
Devyani International Mainline IPO₹1,838 Cr116.70x95.27x213.06x39.48x90140.90(56.56%)152.35(69.28%)
India Shelter Finance Corporation Mainline IPO₹1200.00 Cr38.59x94.29x29.97x10.46x493.00620(25.76%)573.6(16.35%)
Nykaa Mainline IPO₹5,351.92 Cr81.78x91.18x112.02x12.24x11252018.00(79.38%)176.9(-84.28%)
Pyramid Technoplast Mainline IPO₹153.05 Cr18.29x9.94x32.24x14.72x166.00187.00(12.65%)153.4(-7.59%)

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Antony Waste Ltd Mainline IPO₹299.99 Cr15.04x9.67x18.69x16.55x315430.00(36.51%)485(53.97%)
SAMHI Hotels Mainline IPO₹1370.10 Cr5.57x9.18x1.29x1.17x126.00134.50(6.75%)203.2(61.27%)
Route Mobile Mainline IPO₹600 Cr73.30x89.76x192.81x12.67x350717.00(104.86%)1456.75(316.21%)
Mazagon Dock Mainline IPO₹443.69 Cr157.41x89.71x678.88x35.63x145214.90(48.21%)2874.3(1882.28%)

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