Past Sucesses Performance Pre-IPO

Past sucesses Performance Pre-IPO

Empowering Early Investment Opportunities in India

Past Pre-IPO Performance

Pre-IPO investments have historically delivered strong wealth creation opportunities,
especially in companies with solid fundamentals and scalable business models.

Early investors in sectors like financial services, market infrastructure, and
consumer brands have generated multi-bagger returns
However, overvalued startups and loss-making companies have shown weak
or volatile performance
Key Insight: Early entry at the right valuation is the biggest driver of returns

Smart investing matters more than market hype.

Pre-IPO investments have historically created massive wealth for early investors who
entered at the right valuation.

Top Wealth Creators:
o NSE – Strong long-term compounding
o BSE – Multi-bagger returns post listing
o Tata Technologies – Significant pre-to-post IPO gains
Fast Wealth Creation:
o RBL Bank – Rapid price growth after IPO
o IEX – Strong early-stage returns
Mixed/High Risk:
o Paytm – High valuation led to volatile performance

Key Insight:
The biggest gains are made before IPO—but only with the right company and
valuation.

Empire Advisors
Email: empireadvisors699@gmail.com
Website: preipoinfo.com
Marketing & Pramoting

Pre-IPO vs Post-IPO Performance Tracker

No	Company	PreIPORange(₹)	ListingPrice(₹)	Return(X)	Category	RiskLevel	WealthCreationInsight
1	AavasFinanciers	100-350	821	3X-8X	HousingFinance	Medium	StrongLongTermCompounder
2	AdityaBirlaAMC	100-200	712	3X-7X	AssetManagement	Medium	StableWealthCreator
3	AffleIndia	90-350	745	2X-8X	DigitalTech	High	HighGrowthVolatileReturns
4	AnandRathiWealth	160	550	3X	WealthMgmt	Low	ConsistentPerformer
5	AnandRathiWealthAlt	133.5	602	4.5X	WealthMgmt	Low	BetterEarlyEntryReturns
6	AUSmallFinanceBank	50-90	358	4X-7X	Banking	Medium	StrongRetailBankingGrowth
7	AzadEngineering	90-150	720	5X-8X	Manufacturing	High	HighMomentumListing
8	BarbequeNation	228	500	2X	QSR	Medium	ModerateListingGains
9	BarbequeNationAlt	450	492	~1X	QSR	Medium	LateEntryReducedReturns
10	BetaDrugs	25-45	85	2X+	Pharma	High	SmallCapHighRisk
11	BikajiFoods	280	323	1X	FMCG	Low	LimitedUpside
12	BondadaEngineering	30-40	75	2X	Infra	Medium	EarlyStageGrowth
13	BSE	55-100	804	8X-15X	CapitalMarkets	Low	TopMultibagger
14	BSEAltEntry	120	1069	8X	CapitalMarkets	Low	StrongInstitutionalGrowth
15	CSBBank	140	195	1X	Banking	Medium	ModestPerformance
16	CDSL	50-80	149	2X-3X	Depository	Low	MonopolyLikeAdvantage
17	CAMS	200-750	1230	1.5X-6X	FinTechInfra	Low	StableCashFlow
18	DixonTechnologies	200-850	1766	2X-8X	Electronics	High	ManufacturingBoom
19	DMart	90-200	604	3X-6X	Retail	Low	HighQualityCompounder
20	DroneAcharyaAI	NA	54	NA	AI/Drone	High	EmergingSectorRisk
21	EmcurePharma	100-200	1325	6X-13X	Pharma	Medium	StrongIPODemand
22	EnduranceTech	70-200	472	2X-6X	AutoAncillary	Medium	IndustryLinkedGrowth
23	FiveStarBusinessFinance	180	450	2.5X	NBFC	Medium	NicheLendingGrowth
24	GlobalHealth	100-200	400	2X-4X	Healthcare	Medium	HospitalExpansion
25	GrandContinentHotels	113	112.9	~0	Hospitality	High	WeakListing
26	HDFCAMC	200-600	1100	2X-5X	AMC	Low	BrandDrivenGrowth
27	HDFCLife	190	345	2X	Insurance	Low	StableSlowGrowth
28	ICICILombard	100-250	661	2X-6X	Insurance	Low	MarketLeader
29	ICICILombardAlt	70	681	9X	Insurance	Low	ExcellentEarlyEntry
30	ICICIPrudential	80-150	334	2X-4X	Insurance	Low	ConsistentPerformer
31	ICICIPrudentialAlt	70	350	5X	Insurance	Low	StrongCompounding
32	IndiaMART	150-450	973	2X-6X	Internet	Medium	PlatformScalability
33	IEX	750	1629	2X	EnergyExchange	Low	UniqueModel
34	Ixigo	95	156	1.5X	TravelTech	Medium	ModerateGains
35	KayCeeEnergy	198	252	1.5X	Infra	Medium	LimitedUpside
36	KaynesTech	150-250	775	3X-5X	Electronics	High	StrongTailwind
37	KFINTechnologies	90-180	366	2X-4X	FinancialInfra	Low	StableAnnuity
38	KnowledgeMarine	NA	38	NA	MarineInfra	High	Speculative
39	L&TInfotech	650	698	~0	IT	Low	LowPreIPOgains
40	L&TTechServices	100-400	860	2X-4X	Engineering	Medium	StrongNicheGrowth
41	MazagonDock	NA	145	NA	Defence	Medium	PSUGrowth
42	NazaraTechnologies	120-200	1100	5X-9X	Gaming	High	HighGrowthDigital
43	NazaraAlt	430	1101	2X	Gaming	High	EntryTimingMatters
44	NazaraAlt2	225	985.5	3X	Gaming	High	MidLevelGains
45	ParasDefence	80-200	475	2X-5X	Defence	High	SectorReRating
46	Paytm	1400	2150	1.5X	FinTech	High	VolatileOutcome
47	PaytmAlt	900	2150	2.25X	FinTech	High	BetterEntry
48	QuadrantFutureTek	320	444	1.3X	Tech	Medium	LimitedUpside
49	RBLBank	76	518	6X	Banking	Medium	FastWealthCreation
50	SakarHealthcare	NA	50	NA	Pharma	High	SmallCapRisk
51	SBILife	100-320	700	2X-7X	Insurance	Low	StrongBrandGrowth
52	SilverTouchTech	30-55	121	2X-4X	IT	Medium	MidCapPerformer
53	Swiggy	70-150	420	3X-6X	FoodTech	High	HighGrowthSector
54	TamilnadMercantileBank	300	510	1.7X	Banking	Low	StableRegionalBank
55	TataTechnologies	75-150	500	3X-6X	Engineering	Low	StrongBrandDemand
56	TataTechnologiesAlt	90	1200	12X	Engineering	Low	ExceptionalEntry
57	TataTechnologiesLtd	171.5	1200	6X	Engineering	Low	PremiumIPO
58	TBICornLtd	94	198	2X	Agro	Medium	ModerateReturns
59	UTIAMC	550	552	~0	AMC	Low	FlatListing
60	ValiantOrganics	35-90	220	2.2X-8X	Chemicals	High	CyclicalGains
61	WaareeEnergies	850	2500	3X	Renewable	High	SolarBoom
62	WaareeEnergiesRange	100-1800	2550	1.4X-25X	Renewable	High	MassiveVariation
63	ZodiacEnergies	15-25	52	2X-3.5X	Renewable	High	SmallCapGrowth
64	Zomato	50-70	115	1.7X-2.2X	FoodTech	High	MixedReturns

No	Company Name	Initial Coverage	Pre-IPO Price (₹)	Listing Date	Listing Price (₹)	Return (X)	Holding Period (Years)	Annualised Return (Approx)	Sector	Insight
1	Anand Rathi Wealth Ltd	Jul-19	160	6-Dec-21	550	3.44X	2.5	~65% CAGR	Wealth Mgmt	Consistent compounding
2	Barbeque Nation	Sep-19	228	26-Mar-21	500	2.19X	1.5	~65% CAGR	QSR	Strong listing momentum
3	BSE Ltd	Feb-10	120	25-Jan-16	1069	8.9X	5.5	~48% CAGR	Exchange	Exceptional multibagger
4	HDFC Life	Nov-14	190	9-Nov-17	345	1.8X	3	~22% CAGR	Insurance	Stable but moderate growth
5	ICICI Lombard	May-12	70	19-Sep-17	681	9.7X	5	~55% CAGR	Insurance	One of best insurance IPOs
6	ICICI Prudential Ltd	Feb-11	70	21-Sep-16	350	5.0X	5	~38% CAGR	Insurance	Strong long-term wealth creation
7	Indian Energy Exchange (IEX)	May-16	750	11-Oct-17	1629	2.2X	1	~120% CAGR	Energy	Quick listing gains
8	L&T Infotech	May-15	650	13-Jul-16	698	1.1X	1	~10% CAGR	IT Services	Limited pre-IPO upside
9	Nazara Technologies	Apr-18	430	19-Mar-21	1101	2.56X	3	~37% CAGR	Gaming	High-growth digital play
10	Paytm (One97 Comm.)	Dec-16	1400	10-Nov-21	2150	1.51X	4	~11% CAGR	Fintech	Mixed investor outcome
11	RBL Bank Ltd	May-14	76	19-Aug-16	518	6.8X	2	~160% CAGR	Banking	Fast wealth creation in short time
12	Tata Technologies Ltd	Jun-21	171.5	30-Nov-23	1200	7X	2.5	~120% CAGR	Engineering	High demand IPO success

No	Company	Entry Price (₹)	IPO Band (₹)	Listing Price (₹)	Exit Price (₹)	Current Price (₹)	Holding (Years)	Total Return (%)	Avg Annual Return	CAGR	Status	Key Insight
1	Anand Rathi Wealth	133.5	550	602		3151	5.37	2260%	421%	80%	Holding	Exceptional long-term multibagger
2	Barbeque Nation	450	500	492	1500	235	0.83	233%	280%	324%	Booked Profit	Short-term listing gains
3	Bikaji Foods	280	300	323		603	4.04	115%	28%	20%	Holding	Slow but steady FMCG growth
4	CSB Bank	140	195	195	350	375	1.19	150%	126%	116%	Partial Exit	Stable banking growth
5	Five Star Finance	180	474	450		353	5.2	96%	18%	13%	Holding	Moderate NBFC performance
6	Grand Continent Hotels	113	113	112.9	146	92.3	0.97	29%	30%	30%	Booked Profit	Weak long-term momentum
7	Ixigo	95	93	156		162	3.54	71%	20%	16%	Holding	Travel sector recovery
8	Kay Cee Energy	198	54	252	247	120	0.89	25%	28%	28%	Partial Exit	High volatility
9	Nazara Technologies	225	550.5	985.5	1125	240	1.5	400%	266%	192%	Partial Exit	High volatility after listing
10	Paytm (One97 Comm.)	900	2150	2150	3500	1038	1.08	289%	266%	249%	Booked Profit	Timing played key role
11	Quadrant Future Tek	320	290	444		294	1.37	-8%	-6%	-6%	Holding	Capital erosion risk
12	Tamilnad Mercantile Bank	300	525	510	525	690	3.75	75%	20%	16%	Partial Exit	Regional banking strength
13	Tata Technologies	90	500	1200		547	5.45	507%	93%	39%	Holding	Strong IPO hype	correction later
14	TBI Corn Ltd	94	94	198		63.4	2.44	-33%	-13%	-15%	Holding	Weak post-listing performance
15	UTI AMC	550	554	552		965	4.45	75%	17%	13%	Holding	Stable AMC returns
16	Waaree Energies	850	1503	2500		2778	2.33	227%	97%	66%	Holding	Renewable sector tailwind

No	Company	Entry Price (₹)	Exit Price (₹)	Current Value (₹)	Holding Period (Years)	Total Return (%)	Avg Return / Yr	CAGR	Investor Status	Performance Tag
1	Apollo Green Energy	349		63	1.77	-82%	-46%	-62%	Holding	High Risk / Loss
2	Assam Carbon	110	225	572	1.08	105%	97%	94%	Partial Exit	High Momentum
3	Bolzen & Mutter India	138		376	1.97	172%	88%	66%	Holding	Strong Industrial Growth
4	Care Health Insurance	40	250	124	1.83	525%	286%	172%	Partial Exit	High ROI Insurance
5	Chennai Super Kings	25		239	5.95	856%	144%	46%	Holding	Sports Asset Winner
6	Ecosure	40		60	1.5	50%	33%	31%	Holding	Moderate Growth
7	Fino Paytech	85	225	110	1	165%	165%	165%	Partial Exit	Fintech Opportunity
8	Flipkart India	1		48485	14.95	4848470%	Massive	106%	Holding	Startup Goldmine
9	JSR Dynamics	6800		11500	1.14	69%	61%	59%	Holding	Early Growth Stage
10	Lava International	25	200	42	1	700%	700%	700%	Booked Profit	Best Short-Term Trade
11	Madhur Iron & Steel	138		143	1.98	4%	2%	2%	Holding	Flat Performer
12	Martin & Harris Labs	800	2600	832	1.91	225%	118%	86%	Partial Exit	Pharma Opportunity
13	Mohan Meakin	500		2275	6.28	355%	56%	27%	Holding	Legacy Performer
14	Nayara Energy	201		1020	3.76	407%	108%	54%	Holding	Energy Multibagger
15	NNT Developers	150		80	1.18	-47%	-40%	-41%	Holding	Capital Loss
16	NSE	900		1945	5.45	116%	21%	15%	Holding	Safe Compounder
17	Orbis Financial	35		405	4.53	1057%	233%	72%	Holding	Hidden Gem
18	PhonePe	1		20367	10.2	2036640%	Massive	164%	Holding	Legendary Return
19	Proxgy (EaaS)	6461		15040	2.72	133%	49%	36%	Holding	Tech-driven Growth
20	Quality Enviro	551		1250	1.84	127%	69%	56%	Holding	Stable Growth
21	Reliance Retail	600	4100	1245	1.25	583%	466%	364%	Booked Profit	Elite Performer
22	Sterlite Electric	100	750	473	2.5	650%	260%	124%	Partial Exit	High Return + Correction
23	Urban Tots (Deepak Group)	22		75	3.93	241%	61%	37%	Holding	Consistent Growth
24	VCI Chemical Industries	15		64	2.88	326%	113%	65%	Holding	Strong Multibagger
25	Vimla Fuels & Metals	145		145	1.72	0%	0%	0%	Holding	No Movement

No	Company Name	Sector	Pre-IPO Period	Pre-IPO Price (₹)	IPO Year	IPO Price (₹)	Current Value (₹)	Approx. Return	Key Insight
1	L&T Technologies	Engineering	2013–15	100–400	2016	860	4350	~5–10x	Strong IT engineering exports
2	ICICI Prudential Life	Insurance	2013–15	80–150	2016	334	640	~4–5x	Early private insurance growth
3	Endurance Technologies	Auto Ancillary	2013–15	70–200	2016	472	2500	~10x	Auto OEM supplier leader
4	Sakar Healthcare	Pharma	2013–15	12–20	2016	50	325	~15x	SME pharma multibagger
5	Valiant Organics	Chemicals	2013–15	35–90	2016	220	450	~5x	Specialty chemicals boom
6	Zodiac Energies	Renewable	2014–16	15–25	2017	52	500	~20x	Solar sector expansion
7	Silver Touch Tech	IT Services	2014–16	30–55	2017	121	800	~12x	Govt tech projects growth
8	SBI Life Insurance	Insurance	2014–16	100–320	2017	700	1800	~6–10x	PSU-backed insurance growth
9	ICICI Lombard	Insurance	2014–16	100–250	2017	661	2050	~8x	General insurance leader
10	Beta Drugs	Pharma	2014–16	25–45	2017	85	1000	~20x	Oncology niche
11	Dixon Technologies	Electronics	2014–16	200–850	2017	1766	15000	~15–20x	India EMS boom
12	Aavas Financiers	NBFC Housing	2015–17	100–350	2018	821	1950	~6–8x	Affordable housing theme
13	HDFC AMC	Financial Services	2015–17	200–600	2018	1100	5300	~8–12x	Mutual fund penetration
14	Affle India	AdTech	2016–18	90–350	2019	745	1900	~5–10x	Mobile advertising growth
15	IndiaMART Intermesh	Internet	2016–18	150–450	2019	973	2475	~5–8x	B2B marketplace leader
16	Mazagon Dock	Defence	2017–19	12–20	2020	145	3300	~100x	Defence PSU rerating
17	CAMS (Computer Age Mgmt)	FinTech	2017–19	200–750	2020	1230	4300	~5–10x	MF infrastructure backbone
18	KFin Technologies	FinTech	2019–21	90–180	2022	366	1260	~6–10x	Registrar business growth
19	BSE	Exchange	2013–16	55–100	2017	804	7500	~50–100x	Market infra monopoly
20	CDSL	Depository	2012–16	50–80	2017	149	1520	~20x	Demat boom beneficiary
21	DMart	Retail	2014–16	90–200	2017	604	4500	~20–40x	Retail efficiency model
22	Zomato	Internet	2018–20	50–70	2021	115	225	~3–4x	Food delivery scaling
23	Swiggy	Internet	2021–23	70–150	2024	420	380	Flat	High competition pressure
24	Tata Technologies	Engineering	2020–22	75–150	2023	500	775	~5–8x	Tata ecosystem strength
25	AU Small Finance Bank	Banking	2014–16	50–90	2017	358	710	~8x	Retail banking growth
26	Nazara Technologies	Gaming	2019–20	120–200	2021	1100	1275	~6–8x	Gaming & esports
27	Azad Engineering	Industrial	2021–22	90–150	2023	720	1780	~10–15x	Aerospace supply chain
28	Waaree Energies	Renewable	2022–23	100–1800	2024	2550	2800	~2–5x	Solar manufacturing
29	Emcure Pharma	Pharma	2022–23	100–200	2024	1325	1400	~7–10x	Strong pharma pipeline
30	Bondada Engineering	Infra	2021–22	30–40	2023	75	3300	~80–100x	SME infra multibagger
31	Aditya Birla AMC	Financial	2018–20	100–200	2021	712	735	~3–5x	AMC business stable
32	Paras Defence	Defence	2018–20	80–200	2021	475	1620	~10–20x	Defence theme boom
33	Knowledge Marine	Infra	2018–20	12–20	2021	38	1590	~80x	Marine infra niche
34	DroneAcharya AI	Drone Tech	2019–21	12–20	2022	54	91	~4–5x	Emerging drone sector
35	Kaynes Technology	Electronics	2019–21	150–250	2022	775	6000	~20–30x	Semiconductor theme
36	Global Health Ltd	Healthcare	2019–21	100–200	2022	400	1200	~6–10x	Hospital chain growth

No	Company	IPO Year	Industry	Early Stage Valuation	IPO / Peak Valuation	Approx Returns (X)	Key Insight
1	Apple	1980	Tech	~$5M	$2T+	1000X+	Biggest wealth creator
2	Microsoft	1986	Tech	~$10M	$2.5T+	1000X+	Software dominance
3	Amazon	1997	E-commerce	~$50M	$1.5T+	1000X+	Massive scaling
4	Google (Alphabet)	2004	Tech	~$100M	$1.8T+	1000X+	Search monopoly
5	Facebook (Meta)	2012	Social Media	~$500M	$1T+	200X+	Social network giant
6	Tesla	2010	EV	~$500M	$800B+	150X+	EV revolution
7	NVIDIA	1999	Semiconductor	~$20M	$2T+	1000X+	AI boom leader
8	Netflix	2002	Streaming	~$50M	$250B	500X+	OTT pioneer
9	Uber	2019	Mobility	~$3.5B	$80B	20X+	Disruptive model
10	Airbnb	2020	Travel Tech	~$2B	$100B	50X+	Asset-light model
11	Shopify	2015	E-commerce	~$100M	$150B	100X+	SME enabler
12	Zoom	2019	SaaS	~$1B	$100B	100X	Pandemic growth
13	Snowflake	2020	Cloud	~$1B	$120B	100X	Data cloud leader
14	Salesforce	2004	SaaS	~$50M	$250B	500X	SaaS pioneer
15	Alibaba	2014	E-commerce	~$500M	$600B	100X+	China giant
16	Tencent	2004	Tech	~$100M	$500B	500X	Gaming + social
17	Baidu	2005	Search	~$50M	$80B	100X	China Google
18	Palantir	2020	Data Analytics	~$500M	$60B	100X	Govt + AI data
19	Spotify	2018	Music Tech	~$1B	$70B	50X	Streaming leader
20	Stripe*	Not yet IPO	Fintech	~$100M	$50B+	500X	Pre-IPO giant
21	SpaceX*	Not IPO	Space Tech	~$100M	$180B+	1000X	Private leader
22	ByteDance*	Not IPO	Social Tech	~$500M	$200B+	400X	TikTok parent
23	OpenAI*	Not IPO	AI	~$100M	$80B+	800X	AI revolution
24	DoorDash	2020	Delivery	~$1B	$70B	70X	Food tech
25	LinkedIn	2011	Social/Jobs	~$100M	$26B	100X	Acquired by Microsoft

9900701028 | empireadvisores699@gmail.com