The listing of Jungle Camps IPO and Toss The Coin IPO has created a stir in the stock market. These two stocks of the SME sector have almost doubled the money of their investors. Both these stocks were listed at 90% premium, after which Toss The Coin hit an upper circuit.
At the time of writing the news, Toss the Coin is trading at Rs 363.05. On the other hand, if we talk about the shares of Jungle Camps, they are currently trading at Rs 129.96. Their high today i.e. on 17 December has been Rs 143.50 so far.
Jungle Camps have been doing wonders since they opened
Jungle Camps India IPO opened on 10 December. Since its opening, investors' interest in the IPO was amazing. Let us tell you, on the second day of opening of this IPO, it was subscribed 138.67 times. At the same time, retail investors also subscribed it 232.74 times. Whereas, non-institutional investors subscribed this Jungle Camps IPO 104.34 times.
Talking about the financial condition of the company, the company's revenue saw a growth of 61 percent in the financial year 2024, while the profit after tax (PAT) registered a spectacular growth of 700 percent. The market cap of the company is Rs 111.59 crore.
The game of Toss The Coin is also similar
Toss The Coin was a topic of discussion among investors ever since its IPO opened. This is the reason why it was heavily subscribed. Let us tell you, Toss The Coin's IPO included a fresh issue of a total of 504,000 shares. The price band of this IPO was fixed at Rs 172-182 per share. Whereas, its listing took place at a premium of 90 percent. At the same time, till the time of writing the news, the price of one share of Toss The Coin had reached Rs 363.05. That is, a profit of almost 100 percent. 600 shares were kept in one lot of this IPO.
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