IPOs Under 100Rs for High Returns in 2024

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!

Also Read: Memecoin Madness: $PEPE Surges Over 300% and Crypto Price Today: Bitcoin Hits $68K; Altcoins Surge

Meet the IPO Stars of 2024

Maxposure Ltd

Last Traded Price (LTP)Rs. 87.3
Change (%)164.55
Issue Price (Rs)Rs. 33
List DateJanuary 23, 2024

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

Last Traded Price (LTP)Rs. 95.8
Change (%)21.27
Issue Price (Rs)Rs. 79
List DateFebruary 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

Last Traded Price (LTP)Rs. 100
Change (%)33.33
Issue Price (Rs)Rs. 75
List DateJanuary 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

Last Traded Price (LTP)Rs. 114
Change (%)22.58
Issue Price (Rs)Rs. 93
List DateDecember 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

Last Traded Price (LTP)Rs. 102
Change (%)14.61
Issue Price (Rs)Rs. 89
List DateJanuary 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.

Frequently Asked Questions (FAQs)

  1. <strong>1. Why should I consider investing in IPOs under Rs. 100?<br></strong>

    IPOs under Rs. 100 present a unique opportunity to invest in emerging companies at an affordable entry point. While their prices may seem modest, these IPOs often carry significant potential for high returns, making them attractive to investors seeking growth opportunities.

  2. <strong>2. How do I know if an IPO is a good investment?<br></strong>

    Before investing in any IPO, it’s essential to conduct thorough research and due diligence. Consider factors such as the company’s industry trends, financial performance, and growth prospects. Additionally, analyzing the company’s business model and management team can provide insights into its potential for success in the market.

  3. <strong>3. What should I consider before investing in an IPO?<br></strong>

    Before investing in an IPO, consider factors such as the company’s business model, competitive landscape, growth potential, and valuation. Assessing the company’s financial health, including its revenue growth, profitability, and debt levels, can also help you make informed investment decisions.

  4. <strong>4. How can I mitigate risks when investing in IPOs?<br></strong>

    To mitigate risks when investing in IPOs, diversify your portfolio by investing in a variety of IPOs across different industries. Additionally, consider investing in companies with strong fundamentals, a proven track record of performance, and a clear strategy for growth. It’s also essential to set realistic expectations and be prepared for volatility in the market.

  5. <strong>5. How do I decide the right time to invest in an IPO?<br></strong>

    Timing is crucial when investing in IPOs. It’s essential to monitor market conditions, investor sentiment, and the company’s performance leading up to its IPO. Additionally, consider factors such as the company’s growth prospects, valuation, and overall market trends. Ultimately, consult with a financial advisor to determine the best timing for your investment based on your financial goals and risk tolerance.

Visited 3 times, 1 visit(s) today

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.