Listing of these 2 shares created a storm in the stock market, investors’ money doubled

The listing of Jungle Camps IPO and Toss The Coin IPO has created a stir in the stock market. These two stocks of SME sector have almost doubled the money of their investors. Both these shares were listed at 90% premium, after which Toss The Coin hit the upper circuit.

Till the time of writing the news, Toss the Coin is trading at Rs 363.05. Talking about the shares of Jungle Camps, they are currently trading at Rs 129.96. Their high today i.e. 17th December till now has been Rs 143.50.

Jungle Camps was doing wonders since opening.

Jungle Camps India IPO opened on 10 December. The interest of investors in the IPO was amazing since its opening. 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 had also subscribed it 232.74 times. Whereas, non-institutional investors had subscribed this Jungle Camps IPO 104.34 times.

Talking about the financial condition of the company, in the financial year 2024, the company’s revenue saw an increase of 61 percent, while a spectacular 700 percent increase was recorded in the profit after tax (PAT). The market cap of the company is Rs 111.59 crore.

The game of Toss The Coin is also similar

Toss The Coin IPO was a topic of discussion among investors ever since it opened. This is the reason why it was subscribed heavily. Let us tell you, the IPO of Toss The Coin included a total fresh issue 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 means almost 100 percent profit. 600 shares were placed in one lot of this IPO.

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