Year-end 2022: 10 much touted IPOs of 2022

Several Indian businesses launched their initial public offerings (IPO) in 2022. On the Indian stock markets as of December 16, there were close to 150 large and small companies that went public. For a variety of reasons, a few of these IPOs caught the attention of the media. Here are the top ten newsworthy public concerns. Scroll the gallery ahead to find out.

With an issue size of Rs 21,008.48 crore, Life Insurance Corporation of India (LIC) became the nation's largest IPO to date. The eagerly anticipated IPO has an issue price of Rs 949. The shares did, however, have a discounted listing on the NSE and the BSE despite all the excitement.

One of the biggest fast-moving consumer goods (FMCG) companies in the nation, Adani Wilmar, began the bidding for its initial public offering (IPO) in the final week of January. Despite having a significant supporter in Adani Group, the IPO was not fully subscribed to and had a poor listing. Later on, it made a comeback and turned into the best-performing IPO of 2022.

The first Patanjali company to go public is Ruchi Soya Industries, now known as Patanjali Foods, and it is funded by Baba Ramdev. Following the announcement of four IPOs to be issued in the following five years, the prices of this share skyrocketed once it was listed.

After LIC, Delhivery had the second-largest IPO in terms of issue size in 2022. Despite raising Rs 5,235 crores, the provider of delivery services continued to trade in the negative, down 28.8% from the price at which it was listed on December 12.

Another IPO that made the list of this year's most sought-after IPOs was Bengaluru-based Electronics Mart. Nearly 72 times as many people subscribed to the issuance as there were available shares. Additionally, it received a lot of interest from accredited institutional buyers.

Shares of Harsha Engineers were listed at a premium of 35% to 36% over the top of the price range. The IPO was one of the most sought-after issues of this year when the bidding was oversubscribed by 74.7 times on September 16.

Through its public offering, DCX Systems raised close to Rs 500 crores. The IPO had a nearly 70-fold oversubscription rate, and the stock increased 49% on the day it was listed. On December 12, however, it was trading negatively.

A well-known initial public offering (IPO) called Global Health (Medanta) opened for bids on November 3. One of the largest private multi-specialty healthcare providers in the nation, the company's IPO was widely covered. The public offering, priced at Rs 336 a share, increased by more than 23% on the day of listing.

A "first of its type" IPO in the wine sector, Sula Vineyards was hailed when it opened for bids in December. Although the biggest winemaker in India created a lot of publicity, the public issue received little attention; this is perhaps because the entire offering was an Offer For Sale.

In comparison to the other offerings on the list, this IPO's size, Rs 33.97 crore, was fairly modest. However, it received a ferocious response; on the final day of bidding, the issue was subscribed to more than 262 times, making it the most sought-after IPO of the year.