2022 in review: IPOs that doubled your money or made holes in your pocket

After a stellar run last year, the IPO market seemed to have lost some momentum this year. Here are the IPOs that doubled your money or made holes in your pocket

The year 2021 was the year of the IPO boom. After a stellar run last year, the IPO market seemed to have lost some momentum. However, a few companies managed to woo investors and even make profits. Here are the firms with the highest returns among all IPOs in 2022.

Wealth creators: 
 

Adani Wilmar
 

The company was listed in February with an issue price of Rs 230. The stock is now trading at Rs 639 on the BSE. Adani Wilmar, which makes Fortune brand cooking oils, wheat flour, rice, pulses, sugar and other food products, was the seventh