Post by: Raman Preet
In February 2021, Pavna Industries initiated its initial public offering (IPO) priced at ₹165 per share, intending to list on the NSE SME Emerge platform. Despite its modest debut at ₹165 per share, the stock exhibited robust growth over the subsequent three years. By January 2024, Pavna Industries' share price had surged to a peak of ₹640.85, marking a substantial appreciation.
Investors who maintained their positions despite the flat listing witnessed impressive returns. For example, considering the IPO lot size of 800 shares, an initial investment of ₹1.32 lakh (800 shares at ₹165 each) would have grown to ₹3.92 lakh today, based on the current trading price of around ₹490 per share.
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This success story illustrates the potential for significant gains through patient, long-term investing in stocks and IPOs. Pavna Industries' trajectory exemplifies the dynamic nature of the stock market, where diligent investors can reap substantial rewards by holding onto quality investments amidst market fluctuations. The company's journey underscores the importance of strategic investment decisions and the ability to capitalize on growth opportunities in the evolving market landscape.
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