The Life Insurance Corporation (LIC) of India on February 13 filed its Draft Red Herring Prospectus (DRHP). This will be the biggest Indian IPO of all time; The issue size could range from Rs 53,500 crore to Rs 93,625 crore. Here are the top 10 IPOs in the history of India.
1One97 Communications Ltd. (Paytm)| The company listed on the exchanges with an issue size of Rs 18,300 crore in November 2021. The stock is listed with a discount of 9 percent at Rs 1,955 as against its issue price of Rs 2,150. As of February 11, 2022, the share closed at Rs 907 with a market cap of Rs 58,795 crore.
2Coal India Ltd. | The company listed on the exchanges with an issue size of Rs 15,199 crore in November 2010. The stock is listed with a premium of 17 percent at Rs 288 as against its issue price of 245. As of February 11, 2022, the share closed at Rs 167 with a market cap of Rs 1,02,640 crore.
3Reliance Power Ltd. | The company listed on the exchanges with an issue size of Rs 11,563 crore in February 2008. The stock is listed with a premium of 22 percent at Rs 548 as against its issue price of 450. As of February 11, 2022, the share closed at Rs 16 with a market cap of Rs 5,427 crore.
4General Insurance Corporation of India | The company listed on the exchanges with an issue size of Rs 11,176 crore in October 2017. The stock is listed with a discount of 7 percent at Rs 850 as against its issue price of 912. As of February 11, 2022, the share closed at Rs 136 with a market cap of Rs 23,781 crore.
5SBI Cards And Payment Services Ltd. | The company listed on the exchanges with an issue size of Rs 10,355 crore in March 2020. The stock is listed with a discount of 13 percent at Rs 658 as against its issue price of 755. As of February 11, 2022, the share closed at Rs 846 with a market cap of Rs 79,830 crore.
6The New India Assurance Company Ltd. | The company was listed on the exchanges with an issue size of Rs 9,600 crore in November 2017. The stock is listed with a discount of 6 percent at Rs 749 as against its issue price of Rs 800. As of February 11, 2022, the share closed at Rs 137 with a market cap of Rs 22,545 crore.
7Zomato Ltd. | The company listed on the exchanges with an issue size of Rs 9,375 crore in July 2021. The stock is listed with a premium of 51 percent at Rs 115 as against its issue price of Rs 76. As of February 11, 2022, the share closed at Rs 89 with a market cap of Rs 69,863 crore.
8DLF Ltd. | The company listed on the exchanges with an issue size of Rs 9,188 crore in July 2007. The stock is listed with a premium of 11 percent at Rs 582 as against its issue price of 525. As of February 11, 2022, the share closed at Rs 379 with a market cap of Rs 93,752 crore.
9HDFC Life Insurance Co Ltd. | The company listed on the exchanges with an issue size of Rs 8,695 crore in November 2017. The stock is listed with a premium of 7 percent at Rs 311 as against its issue price of 290. As of February 11, 2022, the share closed at Rs 595 with a market cap of Rs 1,25,769 crore.
10SBI Life Insurance Company Ltd. | The company listed on the exchanges with an issue size of Rs 8,400 crore in October 2017. The stock is listed with a premium of 5 percent at Rs 733 as against its issue price of Rs 700. As of February 11, 2022, the share closed at Rs 1133 with a market cap of Rs 1,13,327 crore.