India has witnessed a remarkable journey of Initial Public Offerings (IPOs) over the years. These offerings provide investors with an opportunity to own a slice of promising companies and have played a pivotal role in shaping the Indian stock market. Let’s take a fascinating journey through time and explore some of India’s most subscribed IPOs from 1990 to 2023.
| Year | Company |
|---|---|
| 1990 | Modern Threads India Ltd. |
| 1991 | Maruti Udyog Ltd. |
| 1992 | Hero Honda Motors Ltd. |
| 1993 | Tata Engineering and Locomotive Co. Ltd. (TELCO) |
| 1994 | BPL Communications Ltd. |
| 1995 | Infosys Technologies Ltd. |
| 1996 | Silverline Technologies Ltd. |
| 1997 | HDFC Standard Life Insurance Co. Ltd. |
| 1998 | Silverline Industries Ltd. |
| 1999 | ICICI Bank Ltd. |
| 2000 | Cinevistaas Ltd. |
| 2001 | Videsh Sanchar Nigam Ltd. (VSNL) |
| 2002 | Bharti Infotel Ltd. |
| 2003 | Reliance Petroleum Ltd. |
| 2004 | Dewan Housing Finance Corporation Ltd. (DHFL) |
| 2005 | Mundra Port and Special Economic Zone Ltd. |
| 2006 | GMR Infrastructure Ltd. |
| 2007 | DLF Ltd. |
| 2008 | Reliance Power Ltd. |
| 2009 | NHPC Ltd. |
| 2010 | Muthoot Finance Ltd. |
| 2011 | Coal India Ltd. |
| 2012 | Rashtriya Ispat Nigam Ltd. (RINL) |
| 2013 | Bharti Infratel Ltd. |
| 2014 | Snowman Logistics Ltd. |
| 2015 | Coffee Day Enterprises Ltd. |
| 2016 | Quess Corp Ltd. |
| 2017 | Avenue Supermarts Ltd. |
| 2018 | Bandhan Bank Ltd. |
| 2019 | Polycab India Ltd. |
| 2020 | SBI Cards and Payment Services Ltd. |
| 2021 | Latent View Analytics Ltd. |
| 2022 | Harsha Engineers International Ltd. |
| 2023 | Utkarsh Small Finance Bank Ltd. (till 30 Sep) |
As you delve into this list, you’ll be intrigued by the diverse range of companies that have captivated the interest of investors over the years. From established giants like Maruti Udyog and Infosys to newer entrants like Latent View Analytics and Utkarsh Small Finance Bank, these IPOs represent the dynamic and evolving nature of India’s economy.
The popularity of these IPOs reflects the confidence of investors in India’s growth story and their eagerness to be part of the nation’s economic journey. IPOs not only provide companies with the capital needed for expansion but also offer investors the chance to participate in India’s economic progress.
In a rapidly changing financial landscape, the history of India’s most subscribed IPOs is a testament to the entrepreneurial spirit, innovation, and resilience that define the Indian market. It’s a journey that continues to unfold, promising new opportunities and exciting developments on the horizon.
