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Best 10 IPOs of 2008 by listing day gains

Best IPOs of 2008 |Top 10 Highest Listing Gain IPO in 2008

People look to invest in IPOs that fetch hefty premium gains on listing and thus earn quick returns. The listing price is decided based on the market demand, supply, company growth prospects, IPO valuation, global factors, market sentiments, and peer pricing.

Find the list of the Top 10 highest performing IPOs of 2008 with bumper listing gains.

Best 10 IPOs of 2008 (By Listing Gains)

# Issue Name Offer Price (Rs) Listing Day - Close Price (Rs) Listing Day Gain / Loss (%) Listing Date Issue Size (Rs Cr) Total Subscription (Rs in Crores) Oversubscribed (x)
1Alkali Metals Limited103173.1568.11Nov 06, 200826.2727.321.04
2Aishwarya Telecom Limited3590.85159.57May 07, 20081428020
3Titagarh Wagons Limited540707.230.96Apr 21, 2008128.72868.886.75
4Sita Shree Food Products Ltd3043.946.33Apr 07, 200831.576.862.44
5Rural Electrification Corporation Ltd.105121.215.43Mar 12, 20081639.2645505.8627.76
6GSS America Infotech Ltd400500.6525.16Mar 07, 2008139.9151.091.08
7OnMobile Global Limited440521.918.61Feb 19, 2008479.625251.8810.95
8Porwal Auto Components Limited7579.656.2Jan 14, 200837.538.621.03
9Aries Agro Limited130251.693.54Jan 11, 200858.5445.777.62
10BGR Energy Systems Limited480901.387.77Jan 03, 2008438.5352421.64119.54
Click here to view the list of Top IPO Listing Gainers of India till date.
  • The offer price above is the highest price from the IPO price band.
  • (x) meaning 'number of times'

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