After almost 20 years, a Tata Group company i.e. Tata Tech has made its debut in the stock market. Tata Tech gave 140 percent return to investors from its listing. The issue price of the company was Rs 500. Whereas on Nifty this share was listed at Rs 1200. Even after that, Ratan Tata's company could not defeat those 8 companies of the country, which made a record by debuting in the market this year itself and made investors earn more in listing than Tata Tech. Yes, if anyone is thinking that Tata Tech is the company to be listed at the highest premium this year, then it is wrong. A company listed in the market about 40 days ago has given returns of more than 242 percent to investors from its listing price. Let us also tell you about those companies whose listing this year has been better than Tata Tech.
Tata lost to these companies
The listing of Goyal Salt Limited took place on 11 October. The issue price of the company was Rs 38, while the listing was at Rs 130. This means that the company had given a return of 242.10 percent to investors from its listing price. The company's shares are trading at Rs 163 on Wednesday. Also, till now it has given a return of 329 percent from the issue price.
Sungarner Energy's share is also a share which had a better debut than Tata Tech. The listing of the company took place on 31st August and the issue price of the company was Rs 83. The listing of the company was seen at Rs 250. This means that the company had given a return of 201.2 percent to the investors as soon as it was listed. At present the company's share is trading at Rs 198.
The shares of Basilik Fly Studio Limited have also left no stone unturned in making the investors rich. Investors had gained a lot in the listing held on September 11. The issue price of the company was Rs 97 and the company's shares were listed at Rs 271. This means that the company had given a return of 179.38 percent to the investors as soon as it was listed. At present the company's share is trading at Rs 290.
Oriana Power's shares were listed on 11 August. This share also set the market on fire as soon as it was listed. The issue price of the company was Rs 118 and it was listed at Rs 302. This means that the company's shares were listed at a premium of Rs 156. At present the company's share is trading at Rs 364.75.
Infolion Research Service also performed better than Tata Tech on the day of listing. The company's shares were listed on June 8. The listing price of the company was Rs 82 and the share was listed at a premium of Rs 209 i.e. 154.87 percent. At present the company's share is trading at Rs 270.10.
The shares of Enlon Tech Solutions were listed in the stock market on January 10. Then the issue price of the company was Rs 100, while the listing price came to Rs 251.1. This means that a rise of 151.1 percent was seen in the company's shares. At present the company's share is at Rs 260.
CPS Shapers' shares made their market debut on September 7. The issue price of the company was Rs 185. When the company was listed in the stock market, the company's shares suddenly fell to Rs 450. This means that the company gave 143.24 percent return to investors at the time of listing, which even Tata Tech could not do. At present the company's shares are trading at Rs 462.
Shrivari Spice and Food made its stock market debut on August 18. The issue price of the company's shares was Rs 42 while the company was listed at Rs 101.5. This means that investors were given a shock return of 141.66 percent. At present the company's share is trading at Rs 194.25.
Present condition of Tata
If we talk about Tata Tech, the issue price of the company was Rs 500. When the company was listed in the stock market, it reached Rs 1200. Well, no one had expected such listing of Tata Tech. Even in the gray market, the company's shares were not going above the premium of 90 percent. In such a situation, being listed at a premium of Rs 140 is considered a big deal. According to the data, at present the company's share is trading at Rs 1,338.70 on Nifty with a rise of 11.56 percent from the listing price. Whereas compared to the issue price, a rise of 167.74 percent is being seen in the company's shares. The company's shares also reached a high of Rs 1400 during the trading session.
Profit of Rs 2.70 lakh on investment of Rs 1.50 lakh
If an investor would have got 10 lots i.e. 300 shares, the value of his investment would have been Rs 1.50 lakh. The issue price of one share of the company was Rs 500. While the company's shares reached a high of Rs 1400. This means that a profit of Rs 900 has been seen on one share. That means investors have made a profit of Rs 2.70 lakh on 300 shares. This means that the value of investors' investment has increased from Rs 1.50 lakh to Rs 4.20 lakh.
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