4 Top IPOs That Provide More Than 100% Profit

Last updated: 2024-04-22

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Let’s examine the top initial public offerings (IPOs) that have returned more than 100% in recent months and are expected to do so in the future.

As far as IPO enthusiasts are concerned, FY24 is off to a terrific start. Based on available data, around 76 companies have raised $62,000 crores through initial public offerings (IPOs).

Which of these firms’ initial public offerings (IPOs) do you think is the most successful and ought to be on your list?

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4 Top IPO Performers 2024

The top four initial public offerings (IPOs) that have generated a return on investment (ROI) of at least 100% round up this blog. Among the companies on the roster are Netweb Technologies, Motisons Jewellers, Signature Global, and the Indian Renewable Energy Development Agency. A social 5th addition share is included at the conclusion of the list as an extra point.

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1.Signature Global (India) Ltd

There was a 252% increase in the signature price IPO price. This occurred as a result of the government’s emphasis on housing issues. The share price increased from an initial offering price of around Rs 385 to a final price of Rs 1,359.2.

It started the day at 1,348 and now has a market valuation of 19.01 trillion rupees.

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2.Motisons Jewellers

The IPO price of Motisons Jewelers soared by 191% within a few months of its 2023 listing, and it is now worth roughly Rs 169.60. The issuance price of Motisons Jewellers was a mere 55 rupees.

At the current price of Rs 167, its market cap is 1.64 trillion rupees. The pricing range for this year has been between Rs 88.85 to Rs 248.15.

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3.Netweb Technologies India

This initial public offering yielded a return of 221%. Shares in the new initial public offering (IPO) increased in price from around 500 to 1,814.75 rupees.

With an initial price of 1,664 rupees, Netweb’s market cap is 9.36 trillion rupees.

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4.Cyient DLM

There is an additional initial public offering (IPO) for readers called Cyient DLM. This year, the stock returned 171%, going from an issue price of only Rs 265 to a price of Rs 869.80 a share.

The current value is Rs 703, and its market cap is Rs 5.58 trillion crore. Cyient DLM share prices for the year range from 403 to 883.80 rupees.

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Look more:

How to Trade Crypto Futures Contracts on BTCC

How to Buy and Deposit Crypto on BTCC?

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About BTCC

BTCC is one of the world’s oldest and most popular bitcoin exchanges. Bobby Lee created it in 2011, with its headquarters initially located in Shanghai, China. BTCC contributed significantly to the early development of the Bitcoin and cryptocurrency ecosystems.

BTCC initially concentrated on Bitcoin trading, but it gradually expanded its capabilities to cover other cryptocurrencies as well. The exchange allows users to purchase, sell, and trade numerous cryptocurrencies, including as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH), among others.

BTCC has received recognition for its strong trading platform, liquidity, and security precautions. The exchange provides features such as spot trading, margin trading, and futures trading to accommodate various types of traders and investors. It gives consumers real-time access to market data, order books, and trading charts, allowing them to make informed trading decisions.

BTCC has undergone various alterations throughout the years in order to adapt to the changing regulatory landscape. It expanded its activities abroad, opening offices in other countries to serve a global customer base. However, cryptocurrency legislation and availability may differ based on jurisdiction.

As the cryptocurrency market evolves, BTCC remains a significant player in the industry, providing a variety of services and contributing to the growth and development of the crypto ecosystem.

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Established Reputation: BTCC is one of the oldest and most well-known cryptocurrency exchanges, having been operational since 2011. Its history in the market enhances its credibility and trustworthiness.

A Diverse Selection of Cryptocurrencies: BTCC allows customers to access and exchange a wide range of digital assets.

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BTCC bonuses apply to different categories of users. You can deposit and receive up to 10,055 USDT. Every new user gets a 10 USDT coupon after completing their registration. You will also get an additional 20 USDT coupon on completing your KYC verification.

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BTCC Futures Trading Bonus

You can earn bonuses from trading futures on BTCC within a stipulated time.

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