Top 3 Performing IPOs of 2011 - Indian IPO Blog

Tuesday, January 24, 2012

Top 3 Performing IPOs of 2011

The calendar year 2011 was not the best of the years when it came to Indian Capital Markets and particularly for the IPO market. However, there were three companies that have so far excelled in performance post listing (in terms of current market price):

1. Onelife Capital Advisors Ltd.
Onelife Capital Advisors is a financial service company offering investment banking services and portfolio management and equity broking services. Company is focused on nurturing small and medium sized enterprises (SME) companies to source capital in various forms. The company came out with an IPO at an Issue Price of Rs.110/- per equity share. The share is currently ruling at around Rs.260/-. The company is still in loss making stages and it is surprising to see it maintain the such high prices

Click here for all posts on Onelife Capital Advisors IPO!


2. Aanjaneya Lifecare Ltd.
The company, a Mumbai-based pharma company is engaged in the manufacture of anti-malarial active pharmaceutical ingredients (APIs) and herbal medicines, inhalers, lozenges and animal health products, came out with its IPO in May, 2011 and has since maintained for a larger part, a gain of more than 100% over the issue price. The company is the world's third-largest manufacturer of quinine salts used in the treatment of malaria. It is also one of the country's largest contract manufacturers of codeinebased cough syrups

Click here for all posts on Aanjaneya Lifecare IPO!


3. Rushil Decor Ltd.
Rushil Decor came up with an IPO of Equity Shares in June 2011. Rushil Decor Ltd. is a flagship company of the Rushil Group which is a leading Indian manufacturer of decorative high pressure laminates and plain particle boards. The group operates in India and internationally with brand names of Vir laminate and Rushil decor premium laminate. They have four manufacturers of particle board products and decorative laminated products in Gujarat state. Vir Laminate is the largest seller of Laminated sheets and Particle Board in India. The Issue Price of the IPO was fixed at Rs.72/- per share while the stock is currently ruling at around Rs.140/- per share

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