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Pre-IPO Return Calculator

Every company we can price, ordered from the best return to the worst. Pick any one and choose your own window: you get what the quoted price did, what you would keep after paying to get out, and for the companies that have since gone public, what the holding did up to the IPO price and where it stands today.

Prices are month-end indicative quotes. Latest data: November 2026.

Every company we can price, best to worst

Ranked on the move from the first price we recorded to the latest one. For companies that have since listed, the latest price is what the exchange says, not what a dealer says. Pick any row to work through it in detail.

Companies priced

44

Best

+172.6%

Median

-14.0%

Worst

-61.3%

Up / down

10 / 32

Pre-IPO returns by company, highest return first
#CompanyFromLatestTo IPO priceReturn
1Financial Services· Listed₹730Jan 2024₹1,990Nov 2026+144.5%issue ₹1,785+172.6%2 years 10 months
2Financial Services₹4.5Dec 2025₹6.9Nov 2026—+53.3%11 months
3Technology₹2,65,000Dec 2025₹4,05,500Nov 2026—+53.0%11 months
4Facility Management₹320Dec 2025₹469Nov 2026—+46.6%11 months
5Defence & Aerospace₹350Dec 2025₹445Nov 2026—+27.1%11 months
40Food & Beverage₹28Dec 2025₹14.75Nov 2026—-47.3%11 months
41Financial Services₹480Dec 2025₹243Nov 2026—-49.4%11 months
42Quick Commerce₹55Dec 2025₹27.8Nov 2026—-49.5%11 months
43Ola ElectricElectric Vehicles· Listed₹120pre-IPO₹52Apr 2026-36.7%issue ₹76-56.7%
44Technology₹23,000Dec 2025₹8,900Nov 2026—-61.3%11 months

Top five and bottom five shown. The 34 in the middle are hidden.

The order is the point: the top of this table is not a recommendation and the companies there are not the ones most people are searching for. The median company on this board did -14.0%, and 32 of 44 lost money. Selection is the whole job.

Work through one company

An assumption, not a quote. Set it to whatever your dealer charges.

National Stock Exchange (NSE) went public on the BSE

Two different returns matter here, and they are easy to confuse.

Held to the IPO

+144.5%

₹730 → issue ₹1,785

IPO price to today

+11.5%

issue ₹1,785 → ₹1,990

Still holding today

+172.6%

₹730 → ₹1,990

Just before the IPO priced, dealers were still asking ₹1,980 in Aug 2026 — +11% against the issue price the company itself set.

See the chart cross from private to public →

Jan 2024 to Nov 2026 · 2 years 10 months

+159.0%

after spread · +172.6% before it

₹730 → ₹1,990 a share

₹1.00 L would be worth ₹2.59 L, less the 5% it costs to get out.

Annualised

+39.9%

Compounded over 2 years 10 months, net of the exit spread.

No market comparison for this window

Only 1 other company was tracked across these exact months, too thin to call a market. Pick a shorter window and most of the board comes into view.

11 companies we track but cannot price yet

A return needs two recorded prices. These have a current quote but no history behind it, so they are absent from the table above rather than given an invented starting price.

Amrut Dredging and Shipping, CarDekho (Girnar Software), CRED, Cult.fit (Curefit), HDFC Credila Financial Services, Infra.Market, InMobi, OfBusiness, Rapido, Reliance Jio Platforms, Udaan

What this does not tell you

  • Pre-listing prices are indicative dealer quotes we recorded month by month, not executed trades. Nobody was guaranteed either price.
  • Unlisted shares can take months to sell, and sometimes cannot be sold at all. A return you cannot realise is not a return.
  • Ranking by past return says nothing about what comes next. The order of this table will look different next quarter.
  • The Finance Network does not broker these shares, is not a registered investment adviser, and earns nothing from what you decide.