Even a decade ago, many of the popular startups in India existed as apps on your phone. Some of these businesses have expanded significantly and have launched their IPOs in the stock market. As an investor, you may find this opportunity interesting, and it presents a chance to invest in companies whose products are used regularly.
In this blog, we have compiled five such startups that have entered the stock market over the past year.
5 Promising Startups that launched their IPOs in the Share Market
The list below includes companies across various verticals, ranging from eCommerce to home services and EVs. Based on your preferences, you may consider including one or more of these stocks in your wish list.
1. Meesho
Meesho was launched with the goal of making online shopping accessible to value-conscious customers in India. The company started as a social commerce platform, and eventually became one of the most followed startup listings in the country.
Meesho raised INR 5,421.20 crore through a combination of fresh issue and offer for sale. The IPO attracted significant attention from investors and was fully subscribed on the first day itself. Today, investors are tracking the Meesho share price as the company continues to balance growth and competition in the evolving eCommerce space.
2. Urban Company
The way many Indians seek common services like salon appointments, home cleaning, repairs, and maintenance will never be the same again after Urban Company transformed the sector. The startup has significantly organised the home service sector, too.
The market strongly reacted to its IPO, which delivered a substantial listing gain while raising ₹1,900 crore. Investors now track the Urban Company share price as the company continues to grow.
3. Groww
Groww appeals to many first-time investors looking to put their money in stocks and mutual funds. The platform launched a ₹6,632 crore IPO, which became one of the most-tracked IPOs of the year.
Groww combined a fresh issue with a significant offer for sale. The public issue sparked substantial interest from both retail and institutional investors. Investors who once used the platform to purchase stocks now invest in the company itself.
4. Lenskart
Lenskart has changed the way Indian customers purchase eyewear. The company combines the convenience of purchasing glasses online with an expanding network of physical stores. Lenskart has modernised a traditionally fragmented retail segment with its technology-oriented approach.
The ₹7,278.02 crore IPO of the company attracted strong levels of subscription. The stock debuted slightly below its issue price, but investors remain optimistic about the long-term growth potential of the company.
5. Ather Energy
When Ather Energy entered the public markets, the electric mobility sector in India received a significant boost. The company is noted for its innovation in manufacturing electric scooters. Ather Energy has been one of the prominent EV-based listings in recent years.
The ₹2,981 crore IPO included a fresh issue along with an offer for sale. Investors keen to capitalise on the growth of the long-term EV market in India showed strong interest in the IPO.
The public debut of the company reflected the growing confidence in sustainable sectors and clean energy for the broader market.
Conclusion
For any business, the pathway from a startup app to a listed company defines an ambitious evolution. All the companies we shortlisted in this blog have moved beyond their early-stage growth, entering a phase where public investors are keen to ride their growth trajectory.
For investors, these listings bring the opportunity to invest in businesses that they are already familiar with in everyday life. You may consider tracking their prices or including one or more of these stocks in a growth-oriented portfolio.
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