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Factbox - India's 10 biggest IPOs and their debut day performance

11/18/2021 | 08:43am EST
FILE PHOTO: Illustration picture of Indian food delivery company Zomato

(Reuters) - Shares in Indian digital payments firm Paytm slid more than 27% in its stock market listing on Thursday, making it one of India's worst-performing large initial public offerings (IPOs).

Paytm had raised $2.46 billion through what was India's largest-ever IPO. But some investors questioned its lack of profit and its valuation in a highly-competitive digital payments market.

Here is a list of how India's 10 biggest IPOs performed on their debut:

Company Listing date IPO size IPO price (in Closing price on % gain/loss of IPO

rupees) listing day (in price vs closing price

rupees) on listing day

One97 Communications Ltd (Paytm) Nov 18, 2021 $2.46 billion 2,150 1,560.80 Fell 27.4%

Coal India Ltd Nov 4, 2010 $2.05 billion 245 342.55 Rose 39.8%

General Insurance Corp of India Oct 25, 2017 $1.52 billion 912 437.15 Fell 52.1%

SBI Cards & Payment Services Ltd March 16, 2020 $1.39 billion 755 681.40 Fell 9.7%

Reliance Power Ltd Feb 11, 2008 $1.36 billion 450 232.69 Fell 48.3%

New India Assurance Co Ltd Nov 13, 2017 $1.29 billion 800 363.55 Fell 54.6%

Zomato Ltd July 23, 2021 $1.26 billion 76 126 Rose 65.8%

DLF Ltd July 5, 2007 $1.24 billion 525 569.80 Rose 8.5%

HDFC Standard Life Insurance (now known as Nov 17, 2017 $1.17 billion 290 344.60 Rose 18.8%

HDFC Life Insurance Co Ltd)

SBI Life Insurance Co Ltd Oct 3, 2017 $1.13 billion 700 707.55 Rose 1.1%

Source: Prime Database and Refinitiv Eikon

(Reporting by Anuron Kumar Mitra and Vishwadha Chander in Bengaluru; Editing by Alexander Smith)

ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
COAL INDIA LIMITED -3.82% 158.75 Delayed Quote.8.70%
DLF LIMITED -3.13% 395.1 Delayed Quote.1.19%
GENERAL INSURANCE CORPORATION OF INDIA -1.64% 137.65 End-of-day quote.-2.06%
HDFC LIFE INSURANCE COMPANY LIMITED -1.35% 641.25 End-of-day quote.-1.16%
RELIANCE POWER LIMITED -3.37% 16.06 End-of-day quote.17.91%
SBI LIFE INSURANCE COMPANY LIMITED -0.09% 1237.75 End-of-day quote.3.47%
TATA COMMUNICATIONS LIMITED -5.20% 1374.35 Delayed Quote.-6.15%
THE NEW INDIA ASSURANCE COMPANY LIMITED -1.92% 137.75 End-of-day quote.-1.68%
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