In the bustling world of investing, initial public offerings (IPOs) offer a gateway to potential growth and profits. Let’s take a casual stroll through five IPOs under Rs. 100 that have been making waves in 2024. These companies might be modestly priced, but don’t let that fool you—they pack a punch in terms of potential returns!
Maxposure Ltd has been turning heads with its impressive growth, boasting a change percentage of a whopping 164.55! Despite its humble issue price of Rs. 33, the stock has been on a steady upward trajectory since it hit the market on January 23, 2024. It’s no wonder investors are taking notice with such robust trading volumes.
Zenith Drugs Ltd
Metric
Value
Last Traded Price (LTP)
Rs. 95.8
Change (%)
21.27
Volume
38,400
Issue Price (Rs)
Rs. 79
List Date
February 27, 2024
Zenith Drugs Ltd might sound like a remedy for your portfolio, with its steady growth since its debut on February 27, 2024. Despite starting at Rs. 79, it’s now cruising at Rs. 95.8, showing a change percentage of 21.27. The consistent trading volume indicates sustained interest among investors.
Kaushalya Logistics Ltd
Metric
Value
Last Traded Price (LTP)
Rs. 100
Change (%)
33.33
Volume
115,200
Issue Price (Rs)
Rs. 75
List Date
January 08, 2024
Kaushalya Logistics Ltd is on the move, with a remarkable change percentage of 33.33 since its listing on January 08, 2024. Surpassing its issue price of Rs. 75, it’s now standing strong at Rs. 100. With such significant trading volume, it’s clear that investors are bullish on its growth prospects.
Electro Force (India) Ltd
Metric
Value
Last Traded Price (LTP)
Rs. 114
Change (%)
22.58
Volume
25,200
Issue Price (Rs)
Rs. 93
List Date
December 27, 2023
Electro Force (India) Ltd is electrifying the market with its commendable growth since December 27, 2023. With a change percentage of 22.58, it’s outperforming expectations. Despite its issue price of Rs. 93, it’s now trading at Rs. 114, reflecting positive sentiment among investors.
Aik Pipes & Polymers Ltd
Metric
Value
Last Traded Price (LTP)
Rs. 102
Change (%)
14.61
Volume
32,000
Issue Price (Rs)
Rs. 89
List Date
January 02, 2024
Aik Pipes & Polymers Ltd is piping hot since its debut on January 02, 2024. With a change percentage of 14.61, it’s been offering consistent returns to investors. Despite starting at Rs. 89, it’s now sitting comfortably at Rs. 102, showing its potential for growth and value creation.
