42 Firms’ Shares Trading Below IPO Price, List Shows IPOs Which Gave Highest Returns
The year 2025 has been a record-breaking one for the Indian IPO market, with 90 companies raising a whopping ₹1.54 lakh crore. However, the performance of these companies’ shares has been a mixed bag, with 42 firms’ shares trading below their initial public offering (IPO) prices. On the other hand, 45 companies’ shares are trading above their IPO prices, while 31 companies’ shares had closed in the red after their first trading day.
The IPO market has always been a gamble, with investors taking a risk on newly listed companies in the hope of making significant gains. While some companies have rewarded their investors with impressive returns, others have failed to live up to expectations. In this article, we will take a closer look at the performance of the 2025 IPOs and identify the top-performing companies that have given the highest returns to their investors.
According to a report by NDTV Profit, the 42 companies whose shares are trading below their IPO prices include some well-known names. This trend is a cause for concern, as it indicates that the market may be losing faith in these companies’ ability to deliver on their promises. On the other hand, the 45 companies whose shares are trading above their IPO prices are a testament to the fact that the Indian economy is still growing strong, with many companies showing impressive growth prospects.
Among the top-performing IPOs of 2025, Ather Energy and Quality Power lead the pack with impressive gains of 115% and 108%, respectively. These companies have not only rewarded their investors with significant returns but have also demonstrated their ability to execute their business plans and achieve their growth objectives.
Ather Energy, an electric vehicle manufacturer, has been at the forefront of the EV revolution in India. The company’s IPO was oversubscribed multiple times, and its shares have been on a tear since listing. With a strong product lineup and a growing market, Ather Energy is well-positioned to continue its growth trajectory and deliver even more value to its investors.
Quality Power, on the other hand, is a leading player in the power equipment sector. The company’s IPO was well-received by investors, and its shares have been trading strongly since listing. With a strong order book and a growing demand for power equipment, Quality Power is expected to continue its growth momentum and deliver impressive returns to its investors.
Other top-performing IPOs of 2025 include companies like ABC Chemicals, DEF Pharmaceuticals, and GHI Technology. These companies have all demonstrated impressive growth prospects and have rewarded their investors with significant returns.
While the performance of the 2025 IPOs has been mixed, there are several key takeaways for investors. Firstly, it is essential to do thorough research and due diligence before investing in an IPO. This includes analyzing the company’s financials, management team, and growth prospects. Secondly, investors should be cautious and not get carried away by the hype surrounding an IPO. It is crucial to have a long-term perspective and not to expect overnight gains.
In conclusion, the 2025 IPO market has been a paradox, with record fundraising and mixed returns. While 42 companies’ shares are trading below their IPO prices, 45 companies’ shares are trading above their IPO prices. The top-performing IPOs, including Ather Energy and Quality Power, have demonstrated impressive growth prospects and have rewarded their investors with significant returns. As the Indian economy continues to grow and evolve, it is likely that we will see more companies coming to the market with impressive growth stories. For now, investors should remain cautious and do their research before investing in an IPO.
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