From Discounted Listing to Multibaggers: 3 IPOs That Changed the Narrative

Last Updated on Feb 10, 2022 by Aradhana Gotur

As per Moneycontrol, of all the IPOs listed since January 2022, an analysis reveals that three stocks listed at a discount have turned multibaggers now.

Here’s the list.

Table of Contents

1. Angel One Ltd

The stock debuted on the exchange on 5 October 2020 at a discounted price of Rs. 275 against the issue price of Rs. 306. Angel One Ltd has gained 340% from its issue price, recording Rs. 1,346 on 9 February 2022.

2. Barbeque-Nation Hospitality Ltd

This stock got listed at a discounted price of Rs. 492 as against Rs. 500 on 7 April 2021. From its issue price, Barbeque-Nation Hospitality Ltd has risen 176% to Rs. 1,380 on 8 February of the current year.

3. Macrotech Developers Ltd

Listed at a discount on bourses 19 April at Rs. 439 against Rs. 486, Macrotech Developers Ltd has zoomed 166% to trade at Rs. 1,292 on 8 February 2022.

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Aradhana Gotur

Senior Content Writer at Tickertape

Aradhana Gotur is a Content Writer with 4 years of experience in personal finance, stock markets, and lifestyle areas. Having recognised the power of words, she constantly works on using them to enhance financial awareness among the masses and meet business objectives. One of her greatest strengths is breaking complex concepts in an easy-to-understand way.

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