YES Securities (India): IPO Track Record
Mainboard, 2018 to 2023. A median subscription of only 1.36x, and 8 of its 15 IPOs closed below the issue price on listing day.
Listed IPOs
15
15 mainboard
Amount raised
INR 20,053.84 crore
2018 to 2023
Median gain at open
+0.42%
listing day, vs issue price
Median gain at close
-0.96%
listing day, vs issue price
Opened above issue price
53.33%
share of listings
Closed below issue price
53.33%
on listing day
Median subscription
1.36x
total, final day
Vs same-year IPOs
-7.57
percentage points; median gap at open
Best listing: IRCTC (+95.62% at open, 14 October 2019). 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 |
|---|---|---|---|---|---|
| 2023 | 1 | +9.57% | +11.60% | 100% | 0.53x |
| 2022 | 1 | +5.47% | +0.74% | 100% | 2.72x |
| 2021 | 3 | +0.42% | -1.76% | 66.67% | 2.17x |
| 2020 | 1 | +48.21% | +18.59% | 100% | 157.41x |
| 2019 | 5 | 0% | +0.26% | 40% | 1.82x |
| 2018 | 4 | -8.41% | -6.69% | 25% | 1.24x |
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 |
|---|---|---|---|---|---|---|---|---|---|
| Radiant Cash Management | 4 January 2023 | Mainboard | 94 | 264.10 | 0.53x | 103 | 104.90 | +9.57% | +11.60% |
| eMudhra | 1 June 2022 | Mainboard | 256 | 412.79 | 2.72x | 270 | 257.90 | +5.47% | +0.74% |
| Aditya Birla AMC | 11 October 2021 | Mainboard | 712 | 2,768.26 | 5.25x | 715 | 699.45 | +0.42% | -1.76% |
| Chemplast Sanmar | 24 August 2021 | Mainboard | 541 | 3,850 | 2.17x | 550 | 535.60 | +1.66% | -1% |
| Macrotech Developers (Lodha) | 19 April 2021 | Mainboard | 486 | 2,500 | 1.36x | 436 | 465.25 | -10.29% | -4.27% |
| Mazagon Dock Shipbuilders | 12 October 2020 | Mainboard | 145 | 443.69 | 157.41x | 214.90 | 171.95 | +48.21% | +18.59% |
| IRCTC | 14 October 2019 | Mainboard | 320 | 637.97 | 111.91x | 626 | 727.75 | +95.62% | +127.42% |
| Sterling & Wilson Solar | 20 August 2019 | Mainboard | 780 | 2,849.64 | 0.85x | 706 | 726.20 | -9.49% | -6.90% |
| Spandana Sphoorti Financial | 19 August 2019 | Mainboard | 856 | 1,189.85 | 1.05x | 825 | 847.80 | -3.62% | -0.96% |
| Polycab India | 16 April 2019 | Mainboard | 538 | 1,345.26 | 51.88x | 633 | 654.80 | +17.66% | +21.71% |
| 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% |
| Lemon Tree Hotels | 9 April 2018 | Mainboard | 56 | 1,038.69 | 1.19x | 61.60 | 71.65 | +10% | +27.95% |
| Bharat Dynamics | 23 March 2018 | Mainboard | 428 | 952.79 | 1.29x | 370 | 389.80 | -13.55% | -8.93% |
| Aster DM Healthcare | 26 February 2018 | Mainboard | 190 | 980.10 | 1.31x | 183 | 181.55 | -3.68% | -4.45% |