IDBI Capital Markets & Securities: IPO Track Record
Mainboard, with listings in every year from 2018. A median gain at open of 2.70%, and 12 of 21 opened above the issue price.
Listed IPOs
21
21 mainboard
Amount raised
INR 50,607.89 crore
2018 to 2026
Median gain at open
+2.70%
listing day, vs issue price
Median gain at close
+7.64%
listing day, vs issue price
Opened above issue price
57.14%
share of listings
Closed below issue price
28.57%
on listing day
Median subscription
26.59x
total, final day
Vs same-year IPOs
-4.68
percentage points; median gap at open
Best listing: Route Mobile (+104.86% at open, 21 September 2020). Weakest: Bharat Dynamics (-13.55% at open, 23 March 2018).
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 |
|---|---|---|---|---|---|
| 2026 | 5 | +0.84% | +1.85% | 60% | 20.10x |
| 2025 | 2 | +5% | +9.62% | 50% | 33.80x |
| 2024 | 2 | +19.91% | +20.39% | 100% | 41.61x |
| 2023 | 1 | +56.25% | +87.50% | 100% | 38.80x |
| 2022 | 1 | -7.69% | -9.08% | 0% | 1.55x |
| 2021 | 2 | +27.43% | +29.39% | 100% | 86.41x |
| 2020 | 1 | +104.86% | +86.09% | 100% | 73.30x |
| 2019 | 2 | +47.81% | +63.84% | 50% | 56.86x |
| 2018 | 5 | -13.14% | -8.93% | 20% | 1.29x |
All 21 IPOs Managed
| IPO | Listed | Segment | Issue price (INR) | Issue size (INR crore) | Subscription | Open (INR) | Close (INR) | Gain at open | Gain at close |
|---|---|---|---|---|---|---|---|---|---|
| National Stock Exchange | 24 September 2026 | Mainboard | 1,785 | 22,561.57 | 5.71x | 1,800 | 1,818 | +0.84% | +1.85% |
| ARCIL | 17 September 2026 | Mainboard | 139 | 732.97 | 20.10x | 139 | 137.02 | 0% | -1.42% |
| Knack Packaging | 8 July 2026 | Mainboard | 170 | 439.50 | 83.33x | 188 | 182.98 | +10.59% | +7.64% |
| Central Mine Planning | 30 March 2026 | Mainboard | 172 | 1,837.84 | 1.03x | 160 | 154.06 | -6.98% | -10.43% |
| Bharat Coking Coal | 19 January 2026 | Mainboard | 23 | 1,071.11 | 146.87x | 45 | 40.58 | +95.65% | +76.43% |
| Vidya Wires | 10 December 2025 | Mainboard | 52 | 300.01 | 26.59x | 52 | 53.17 | 0% | +2.25% |
| NSDL | 6 August 2025 | Mainboard | 800 | 4,011.60 | 41.01x | 880 | 936 | +10% | +17% |
| Transrail Lighting | 27 December 2024 | Mainboard | 432 | 838.91 | 80.80x | 590 | 553.55 | +36.57% | +28.14% |
| NTPC Green Energy | 27 November 2024 | Mainboard | 108 | 10,000 | 2.42x | 111.50 | 121.65 | +3.24% | +12.64% |
| IREDA | 29 November 2023 | Mainboard | 32 | 2,150.21 | 38.80x | 50 | 60 | +56.25% | +87.50% |
| Inox Green Energy | 23 November 2022 | Mainboard | 65 | 740 | 1.55x | 60 | 59.10 | -7.69% | -9.08% |
| Rolex Rings | 9 August 2021 | Mainboard | 900 | 731 | 130.44x | 1,250 | 1,167 | +38.89% | +29.67% |
| RailTel | 26 February 2021 | Mainboard | 94 | 819.24 | 42.39x | 109 | 121.35 | +15.96% | +29.10% |
| Route Mobile | 21 September 2020 | Mainboard | 350 | 600 | 73.30x | 717 | 651.30 | +104.86% | +86.09% |
| IRCTC | 14 October 2019 | Mainboard | 320 | 637.97 | 111.91x | 626 | 727.75 | +95.62% | +127.42% |
| Rail Vikas Nigam | 11 April 2019 | Mainboard | 19 | 477.11 | 1.82x | 19 | 19.05 | 0% | +0.26% |
| Garden Reach Shipbuilders | 10 October 2018 | Mainboard | 118 | 343.59 | 1.02x | 102.50 | 103.30 | -13.14% | -12.46% |
| IRCON International | 28 September 2018 | Mainboard | 475 | 466.94 | 9.77x | 412 | 415.30 | -13.26% | -12.57% |
| RITES Limited | 2 July 2018 | Mainboard | 185 | 460.51 | 66.74x | 190 | 213.30 | +2.70% | +15.30% |
| Mishra Dhatu Nigam | 4 April 2018 | Mainboard | 90 | 435.02 | 1.21x | 87 | 90.05 | -3.33% | +0.06% |
| Bharat Dynamics | 23 March 2018 | Mainboard | 428 | 952.79 | 1.29x | 370 | 389.80 | -13.55% | -8.93% |