Multibagger IPOs: Year 2021 was a remarkable year for public issue segment as out of 63 Initial Public Offerings (IPOs) listed at Indian exchanges, 15 public offers turned out a multibagger IPO giving up to 300 per cent return to its allottees. Interestingly, out of these 15 multibagger public offers, 11 issues were small in size of Rs100 to Rs600 crore.

Here we list out top 5 multibagger IPOs of 2021:

1] Nureca: The public issue worth Rs100 crore of the healthcare and wellness products distributor company hit primary markets in February with a price band of rs396 to Rs400 per equity share. Nureca shares listed at Rs634.95 on BSE and Rs615 on NSE and Nureca share price today is at Rs1999 per share on NSE. So, Nureca share price has shot up more than 300 per cent post-listing and has delivered around 400 per cent return to the allottees as upper price band of the public issue was Rs400 apiece.

2] Paras Defence And Space Technologies: Shares of defence and space technologies got listed at Indian exchanges on 1st October 2021 at Rs475 on BSE and Rs469 o0n NSE against its issue price of Rs165 to Rs175 per equity share. The public issue worth Rs170.78 crore has been giving stellar return to its allottees since hitting the primary markets. The defense stock closed at Rs744.50 per share levels on NSE. The stock has been under selloff pressure after making all-time high of Rs1,258.20 per share levels.

3] MTAR Technologies: Public issue of the leading national player in the precision engineering industry hit the primary market in March 2021 at a price band of Rs574 to Rs575 per equity share. The public offer worth Rs596.41 crore opened on BSE at Rs1,063.90 and at Rs1,050 per equity share on NSE. MTAR Technologies share price closed at Rs2461 on NSE on 31st December 2021, around 150 per cent higher from its listing price whereas its share price is near 4.28 times up from its upper price band of Rs175 per equity share.

4] Laxmi Organic Industries: Public issue of the specialty chemical manufacturer company hit primary markets in March 2021 at a price band of Rs129 to Rs130 per equity share. Laxmi Organic shares listed on BSE at Rs156.20 whereas it listed on NSE at Rs155.50 per share levels. Laxmi Organic share price today is Rs431.25 per share on NSE, up around 200 per cent against its listing price and around 3.30 times to its upper price band of Rs130 per equity share.

5] Easy Trip Planners nor EaseMyTrip: Public issue of the second largest online travel agency in India in terms of gross revenue hit Indian primary markets in March 2021 at a price band of Rs186 to Rs187 per equity share. The public issue worth Rs510 crore listed on BSE at Rs206 whereas it listed on NSE at Rs212.25 per share. EaseMyTrip share price today is Rs538.50, around 2.60 times of its listing price while it is at 2.90 times to its issue price.