Credit Suisse Securities (India): IPO Track Record
No listings after 2023 in the data; UBS took over Credit Suisse that year and is shown separately. A low median subscription (3.86x), but only 2 of 15 closed below the issue price.
Listed IPOs
15
15 mainboard
Amount raised
INR 45,870.09 crore
2018 to 2023
Median gain at open
+4.96%
listing day, vs issue price
Median gain at close
+9.07%
listing day, vs issue price
Opened above issue price
73.33%
share of listings
Closed below issue price
13.33%
on listing day
Median subscription
3.86x
total, final day
Vs same-year IPOs
+1.93
percentage points; median gap at open
Best listing: Zomato (+52.63% at open, 23 July 2021). Weakest: Sterling & Wilson Solar (-9.49% at open, 20 August 2019).
An IPO with several lead managers counts towards each of them.
Year by Year
| Year | IPOs | Median gain at open | Median gain at close | Opened above issue | Median subscription |
|---|---|---|---|---|---|
| 2023 | 1 | +20.17% | +32.18% | 100% | 37.37x |
| 2022 | 3 | +2.59% | +16.63% | 66.67% | 9.58x |
| 2021 | 7 | +19.46% | +20.84% | 85.71% | 3.86x |
| 2019 | 2 | -0.32% | +1.08% | 50% | 3.34x |
| 2018 | 2 | -1.31% | +3.65% | 50% | 2.88x |
All 15 IPOs Managed
| IPO | Listed | Segment | Issue price (INR) | Issue size (INR crore) | Subscription | Open (INR) | Close (INR) | Gain at open | Gain at close |
|---|---|---|---|---|---|---|---|---|---|
| JSW Infra | 3 October 2023 | Mainboard | 119 | 2,800 | 37.37x | 143 | 157.30 | +20.17% | +32.18% |
| Keystone Realtors | 24 November 2022 | Mainboard | 541 | 635 | 2.01x | 555 | 556.85 | +2.59% | +2.93% |
| Global Health (Medanta) | 16 November 2022 | Mainboard | 336 | 2,205.57 | 9.58x | 401 | 415.30 | +19.35% | +23.60% |
| Adani Wilmar | 8 February 2022 | Mainboard | 230 | 3,600 | 17.37x | 227 | 268.25 | -1.30% | +16.63% |
| Medplus Health | 23 December 2021 | Mainboard | 796 | 1,398.30 | 52.59x | 1,040 | 1,121.15 | +30.65% | +40.85% |
| Star Health | 10 December 2021 | Mainboard | 900 | 6,018.68 | 0.79x | 845 | 906.85 | -6.11% | +0.76% |
| Chemplast Sanmar | 24 August 2021 | Mainboard | 541 | 3,850 | 2.17x | 550 | 535.60 | +1.66% | -1% |
| Zomato | 23 July 2021 | Mainboard | 76 | 9,375 | 38.25x | 116 | 126 | +52.63% | +65.79% |
| KIMS | 28 June 2021 | Mainboard | 825 | 2,143.74 | 3.86x | 1,009 | 996.95 | +22.30% | +20.84% |
| Sona BLW | 24 June 2021 | Mainboard | 291 | 5,550 | 2.28x | 301 | 361.20 | +3.44% | +24.12% |
| Home First Finance | 3 February 2021 | Mainboard | 518 | 1,153.72 | 26.66x | 618.80 | 527.55 | +19.46% | +1.84% |
| Sterling & Wilson Solar | 20 August 2019 | Mainboard | 780 | 2,849.64 | 0.85x | 706 | 726.20 | -9.49% | -6.90% |
| Metropolis Healthcare | 15 April 2019 | Mainboard | 880 | 1,204.29 | 5.83x | 958 | 959.85 | +8.86% | +9.07% |
| Creditaccess Grameen | 23 August 2018 | Mainboard | 422 | 1,131.19 | 2.22x | 390 | 422.05 | -7.58% | +0.01% |
| Varroc Engineering | 6 July 2018 | Mainboard | 967 | 1,954.96 | 3.54x | 1,015 | 1,037.35 | +4.96% | +7.28% |