In 2024, Indian startups created a stir in 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 much wonders.

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

ixigo: Star of the travel industry

Ixigo, which provides travel solutions, came out with an IPO in June 2024. The price band of the Rs 740 crore issue 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 sector company Jinka Logistics launched its IPO in November 2024. The price band of 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: Star of the world of children's products

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

Lesson for investors

The IPO of startups in 2024 showed that investing in the right companies can earn big 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 investors rich. Similar possibilities will remain in the IPO market in the times to come.