As many as 15 out of 18 public sector firms listed over the past 8 years have given bumper returns with Mazagon Dock Shipbuilders topping the checklist by making buyers richer by a whopping 3,700%, in response to an evaluation.
The evaluation reveals that barring insurance coverage firms, all central public sector enterprises, particularly from transport and rail sectors, listed since Could 2017 gave constructive returns to buyers who purchased shares within the preliminary public providing (IPO) and have stayed invested within the firm up to now.
In addition to, Mazagon Dock Shipbuilders, Rail Vikas Nigam Ltd (RVNL), Backyard Attain Shipbuilders and Engineers Ltd and Indian Railways Catering and Tourism Company (IRCTC) supplied over 1,000% returns to IPO buyers. Sector sensible evaluation reveals that Railways and Transport CPSEs have outperformed CPSEs in different sectors.
Mazagon Dock, which listed on bourses in 2020 at a problem value of Rs 145, was buying and selling at Rs 5,510.2 a share on April 22, 2025, regardless of a inventory break up in December 2024.
Backyard Attain Shipbuilders listed on bourses in 2018 at a problem value of Rs 118. The shares are at the moment buying and selling at Rs 1,733.9 apiece, thus giving a 1,369% returns to buyers.
Cochin Shipyard, which listed in 2017, has given returns of 590% with share value rising to Rs 2,979.7 from the IPO concern value of Rs 432. This return is regardless of a inventory break up.
Amongst Railways CPSEs, RVNL gave returns of 1,866 per cent, rising from 2019 IPO concern value of Rs 19 a share to Rs 373.6. Equally, IRCTC shares jumped 1,110 per cent from Rs 320 in 2019, to Rs 3,872.75 a share. Others like RITES and IRCON Worldwide (listed in 2018) gave buyers returns of 225% and 243%, respectively, whereas RailTel listed in 2021 gave returns of 238%.
Defence sector CPSEs – Hindustan Aeronautics (HAL), Bharat Dynamics (BDL), and MIDHANI – gave IPO buyers returns of 605%, 558%, and 227%, respectively.
Indian Renewable Power Improvement Company (IREDA) shares listed in 2023 at a problem value of Rs 32, have jumped 458% to Rs 178.6 apiece.
Housing and City Improvement Company (HUDCO) gave buyers 288% returns rising from concern value of Rs 60 in 2017 to Rs 233 a share.
MSTC, below the metal ministry, gave 350% returns to buyers rising from concern value of Rs 120 a share to Rs 540.25.
The laggards included New India Assurance, Life Insurance coverage Corp, and Basic Insurance coverage Company (GIC). Whereas LIC scrip is trailing the difficulty value, shares of GIC and New India have given detrimental returns to buyers however the 1:1 bonus shares introduced by the 2 common insurance coverage firms in 2018.
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