In 2024, Indian startups rocked the IPO market. The IPOs of these companies were not only successful but also gave great returns to the investors. Startups in sectors like insurance, logistics, travel and office space solutions caught the attention of investors. Let's know who did how well.

Go Digit: A grand entry in the insurance sector

In May 2024, insurance startup Go Digit launched an IPO of Rs 2,614 crore. Its price band was fixed at Rs 258-272. On December 19, its stock closed at Rs 331. It has made investors happy by giving about 21% return so far.

Office Space Solutions: Big profits in office rental

The IPO of office space startup Office Space Solutions which came in May was also a hit. The price band of this issue of Rs 599 crore was Rs 364-383. On December 19, this stock reached Rs 725, giving investors a return of up to 90%.

ixigo: The star of the travel industry

The IPO of ixigo, which provides travel solutions, came in June 2024. The price band of the issue of Rs 740 crore was Rs 88-93. The stock closed at Rs 158 on December 19. ixigo gave 69% return to its investors.

Jinka Logistics: Great Returns in Logistics

Logistics company Jinka Logistics launched its IPO in November 2024. The price band for the Rs 1,114 crore issue was fixed at Rs 259-273. After listing, it reached Rs 498 by December 19, giving a return of 82%.

FirstCry: The star of the baby products world

FirstCry's IPO came in August 2024. The price band of this issue of Rs 4,193 crore was Rs 440-465. It closed at Rs 606 on December 19. It gave a return of 30% to the investors.

Lessons for investors

The IPO of startups in 2024 showed that investing in the right companies can yield huge profits. But it is important to do research before investing in every IPO. Investment should be made only after understanding the balance of risk and return.

It is worth noting that the excellent performance of these startups has made the investors rich. Similar possibilities will remain in the IPO market in the coming times.