Two Dot Com IPOs Shaping Up India's Investment Future

Another IPO listing which is considered to be the most successful since the Make My Trip listing is the Just Dial Initial Public Offering.

Local search engine giant made a stellar stock market debut with its share price surging over 14 per cent against the issue price of 530 apiece. After surging 19.22 per cent to 631.90 in intra-day trade, the scrip finally ended at 605. More than one crore shares of the company changed hands on the National Stock Exchange. The company had raised 950 crore through its IPO.

Founder VSS Mani nailed 87 crore by selling 15.57 lakhs shares in the IPO. Mani now holds 30.28 percent equity shares valued at 1, 241 crore. But more than the wealth Mani is celebrating the success of the 14-year long wait to get Just Dial listed.

How Just Dial CEO VSS Mani Bagged 1328 Cr in Share Market
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