These 5 IPOs from last 2 years have doubled investor wealth. Do you own any?
, ETMarkets.com|

1/9
Remarkable Debuts
In the last two years, the Indian primary market has seen about 130 IPOs, collectively raising about Rs 1.93 lakh crore. However, in FY22, IPO fundraising has noticeably decreased, with only about Rs 63,000 crore raised compared to 1,30,000 crore in FY21, according to the prime database.
Agencies

2/9
Hariom Pipe Industries | Price return since listing: 248%
- Listing date: April 13, 2022 | Listing price: Rs 214
- Growth in net profit with increasing profit margin (QoQ).
- Improving net cash flow for the last 2 years.
- Annual net profits improved for the last 2 years.
- Book value per share improved for the last 2 years.
- Company with zero promoter pledge.
- FII / FPI or institutions increasing their shareholding.
ETMarkets.com

3/9
Paras Defence and Space Technologies | Price return since listing: 197%
- Listing date: October 01, 2021 | Listing price: Rs 475
- Growth in net profit with increasing profit margin (QoQ).
- Company with low debt.
- Increasing revenue and profit every quarter for the past 2 quarters.
- Improving cash flow from operations for the last 2 years.
- Book Value per share Improving for the last 2 years.
- Company with zero promoter pledge.
ETMarkets.com

4/9
Venus Pipes & Tubes | Price return since listing: 178%
- Listing date: May 24, 2022 | Listing price: Rs 335
- Growth in quarterly net profit with increasing profit margin (YoY).
- Increasing revenue and profit every quarter for the past four quarters.
- Annual net profits improved for the last 2 years.
- Book value per share Improved for the last 2 years.
- Company with zero promoter pledge.
- FII / FPI or institutions increasing their shareholding.
ETMarkets.com

5/9
Data Patterns (India) | Price return since listing: 172%
- Listing date: December 24, 2021 | Listing price: Rs 864
- Company with low debt.
- Increasing revenue every quarter for the past 2 quarters.
- Increasing profits from the past 2 quarters.
- Improving net cash flow for the last 2 years.
- Annual net profits improved for the last 2 years.
- Company with zero promoter pledge.
ETMarkets.com

6/9
Rolex Rings | Price return since listing: 119%
- Listing date: August 09, 2021 | Listing price: Rs 1249
- Company with low debt.
- Increasing revenue every quarter for the past 2 quarters.
- Annual net profits improved for the last 2 years.
- Book value per share improved for the last 2 years.
- Company with zero promoter pledge.
- FII / FPI or institutions increasing their shareholding.
ETMarkets.com

7/9
Macrotech Developers | Price return since listing: 92%
- Listing date: April 19, 2021 | Listing price: Rs 439
- Growth in quarterly net profit with increasing profit margin (YoY).
- Company has been reducing debt.
- Improving net cash flow for the last 2 years.
- Book value per share improved for the last 2 years.
- Company with zero promoter pledge.
ETMarkets.com

8/9
Krishna Institute of Medical Sciences | Price return since listing: 82%
- Listing date: June 28, 2021 | Listing price: Rs 1009
- ROA has improved since the last 2 years.
- Company with low debt.
- Annual net profits improved for the last 2 years.
- Book value per share Improving for the last 2 years.
- Company with decreasing promoter pledge.
- FII / FPI or Institutions increasing their shareholding.
ETMarkets.com

9/9
Devyani International | Price return since listing: 79%
- Listing date: August 16, 2021 | Listing price: Rs 141
- Company with low debt.
- Company has been reducing debt.
- Increasing revenue every quarter for the past 3 quarters.
- Annual net profits improved for the last 2 years.
- Book value per share improved for the last 2 years.
- Company with zero promoter pledge.
ETMarkets.com