10 Best IPOs in 2022: Did you invest?

The year 2022 is the year for IPOs. About 25 companies came with their Initial public offering in the year as of October, 2022. What are the 10 best IPOs in 2022? Top 10 IPOs in the years can be explained based on their stock market return on the listing day. But, are they perform well in the next month of listing? Do you want to invest in those stocks now? Let us discuss everything about these best performing IPOs listed in 2022. But for now, we would like to share the 10 best IPOs or the best performing IPOs in 2022 as below.

10 Best IPOs in 2022

Best Performing IPOs Listed in 2022	Listing Date	IPO Price (INR)	Listing Returns (%)	1 Week Returns (%)	4 Week Returns (%)	6 Week Returns (%)	Current Stock Price (10-11-2022)
HariOm Pipe Industries	13-07-2022	153	51	43.1	27.3	30.9	283
Harsha Engineers	26-09-2022	330	47.4	32	28.6		406.4
Electronics Mart	17-10-2022	59	43.2	45.3			96.6
Ruchi Soya (Patanjali Foods Ltd.)	04-08-2022	650	42.1	47.5	68.4	87.3	1293
DreamFolks Services	09-06-2022	326	41.8	30.3	12.1	23.3	404.9
Syrma SGS	26-08-2022	220	41.1	40.3	31.2	37	287
Campus Activewear	05-09-2022	292	29.8	11.8	14.7	9.1	521
Aether Industries	06-03-2022	642	20.6	22.4	20.6	33	889
Uma Exports	04-07-2022	68	17.4	11	-24	-16.4	48.3
Adani Wilmar	02-08-2022	230	16.6	66.9	49	70.9	679.25

My 5 picks from 2022 Best IPOs

My top 5 picks from the recent IPO listed companies are Hariom Pipe Industries Ltd, Harsha Engineers, Ruchi Soya, Adani Wilmar, and Aether Industries. I would love to invest in these 2022 best IPOs companies both for the medium and the long-term view.

About my 5 recent IPO listed Companies

Hariom Pipe Industries

• My top pick from recent IPO listed companies.
• Hariom Pipe Industries Ltd. is a fundamentally strong company. The company has delivered strong profit growth of 80.9% CAGR over the last 5 years
• Total Sales have doubled from INR 254 Crore in March 2021 to INR 431 Crore in March 2022.
• The company has a strong return on equity (ROE) of 28.6% over 3 Years. Current ROE in FY2022 is 35.3%
• Higher ROCE is 28.7% with PE of 23.9% in FY2022
• Low debt to equity ratio of 0.87 in FY 2022.
• FIIs holding increased from 2.18% in Jun-2022 to 2.7% in Sept-2022

Harsha Engineers

• Harsha Engineers is one of the best performing IPOs listed in 2022.
• The company is the largest manufacturer of precision bearing cages in organized sector in India in terms of capacity and operations.
• One of the leading manufacturers of precision bearing cages in the world with a market share of approximately ~6% in the organized segment of the global brass, steel, polyamide bearing cages in terms of revenue.
• Harsha Engineers International Ltd. has delivered strong profit growth of 146% CAGR over the last 5 years.
• The company has a strong return on equity (ROE) of 21.2% in FY2022
• Higher ROCE is 21.3% with PE of 34.9% in FY2022
• FIIs holding from 3.84% in Sept-2022 and DII holding is 9.04% in Sept-2022
• Favorable government policy for the manufacturing sector will help this company

Ruchi Soya

• One of the best performing IPOs listed in 2022.
• Patanjali Foods Ltd. (Formerly known as Ruchi Soya) is an integrated player in the edible oil business with a presence across the entire value chain, from farm to fork with secured access to palm oil plantations in India.
• One of the largest palm plantation companies in India.
• Patanjali foods has delivered strong profit growth of INR 806 crore in FY22 from INR 680 crore in FY21.
• Consistent performer in terms of revenue from INR 13117 Crore in FY2020 to INR 24205 Crore in FY2022
• The company has a strong return on equity (ROE) of 17.3% in FY2022
• Higher ROCE is 17.5% with PE of 53.6% in FY2022
• Low debt equity ratio with 0.72 in FY22
• Promoters hold 80.8% in Sept-2022

Adani Wilmar

• Adani Wilmar is one of the large FMCG food companies in India to offer most of the essential kitchen commodities for Indian consumers.
• The company is one of the best listed IPOs in 2022, manufactures and supplies edible oil, wheat flour, rice, pulses and sugar with the brand name of “Fortune”.
• 20 plants across 10 states in India.
• The stock is trading at higher valuation at current price.
• Higher ROCE is 20%, ROE is 15.5% in FY2022 with EPS 6.9%.
• Low debt equity ratio with 0.34 in FY22
• Promoters hold 87.84% in Sept-2022.
• FIIs have increased their holdings from 15 in Jun-2022 to 1.63 in Sept-2022.

Aether Industries

• Aether Industries is one of the best recent IPO listed companies in India.
• The company produces advanced intermediates and specialty chemicals.
• The products cater to a range of wider applications in the pharmaceutical, agrochemical, material science, coating, high performance photography, additive, and oil and gas segments of the chemical industry.
• Higher ROCE is 30%, ROE is 38.7% in FY2022 with EPS 9.67%.
• Debt equity ratio is 0.74 in FY22
• Promoters hold 87.09% in Sept-2022.
• FIIs are holding 1.49% in Sept-2022 while DIIs are holding 8.39% in Sept. 2022.
• Specialty Chemical industry in India is expected to do well due to government focus and China plus factors

Among the listed IPOs in 2022 I would choose the above 5 best performing IPOs listed in 2022 to keep invested in for long term.

Suggested Readings

We endeavor to help you to understand different aspects of a company before you invest in the company’s IPO. Here are some suggested readings on company insights BIBA Fashion Limited IPO, Keystone Realtors Ltd IPO, Mankind Pharma IPO, Upcoming IPOs.

Other Listed IPOs in 2022

Other Listed IPOs in 2022	Listing Date	IPO Price (INR)	Listing Returns (%)	1 Week Returns (%)	4 Week Returns (%)	6 Week Returns (%)
Tracxn Technologies	20-10-2022	80	16.6	1.2
Delhivery	24-05-2022	487	10.1	8.9	5.5	4.2
Venus Pipes	24-05-2022	326	8.7	1.2	0.3	4.3
Vedant Fashions	16-02-2022	866	7.8	-1.3	0.2	10.9
Paradeep Phosphates	27-05-2022	42	4.5	5.1	-10.4	-2.3
eMudhra	06-01-2022	256	0.7	-0.3	-1	-1.9
Tamilnad Mercantile Bank	15-09-2022	510	-0.1	-3.2	-8.7	0.9
Life Insurance Corporation of India (LIC)	17-05-2022	904	-3.2	-8.9	-25.4	-26.6
Veranda Learning	04-11-2022	137	-4.2	10.8	75.6	34.2
AGS Transact	31-01-2022	175	-8	-9.7	-42.9	-39.7
Ethos Limited	30-05-2022	878	-8.5	-12.3	-7.8	-3.7
Prudent Corporate Advisory	20-05-2022	630	-10.8	-18.7	-20.7	-22.5
Rainbow Hospitals	05-10-2022	542	-16.9	-22.4	-13	-20.6