6 IPOs that beat the odds, delivered 25-80% returns after slow start

In 2023, approximately 34 primary IPOs were listed on the stock exchanges, accumulating about Rs 26,940 crore in funds. What's noteworthy is that of these 34 IPOs, 31 are currently trading above their initial offering prices.

However, it's intriguing to note that 10 of these IPOs initially debuted at a discount or with only single-digit gains, but they have since experienced double-digit increases from their initial prices. ETMarkets has highlighted 6 stocks that had a relatively weak listing at debut but later showed significant growth, with their prices surging anywhere from 25% to 80% above the issue price.

>Issue price: Rs 590 | Previous Close: Rs 1075
>Listing Performance: 2%
>Issue Size: Rs 412 crore

>Issue Price: Rs 300 | Previous Close: Rs 402
>Listing Performance: 1%
>Issue Size: Rs 687 crore

>Issue Price: Rs 164 | Previous Close: Rs 217
>Listing Performance: -1%
>Issue Size: Rs 563 crore

>Issue Price: Rs 126 | Previous Close: Rs 165
>Listing Performance: 4%
>Issue Size: Rs 1370 crore

>Issue Price: Rs 436 | Previous Close: Rs 570
>Listing Performance: -1%
>Issue Size: Rs 865 crore

>Issue Price: Rs 100 | Previous Close: Rs 128
>Listing Performance: 2%
>Issue Size: Rs 1853 crore