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: September 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
40
Best
+145.6%
Median
-14.4%
Worst
-56.7%
Up / down
9 / 31
| # | Company | From | Latest | To IPO price | Return |
|---|---|---|---|---|---|
| 1 | Financial Services· Listed | ₹730Jan 2024 | ₹1,793Sep 2026 | +144.5%issue ₹1,785 | +145.6%2 years 8 months |
| 2 | Financial Services | ₹4.5Dec 2025 | ₹6.9Sep 2026 | — | +53.3%9 months |
| 3 | Facility Management | ₹320Dec 2025 | ₹469Sep 2026 | — | +46.6%9 months |
| 4 | Technology | ₹2,65,000Dec 2025 | ₹3,68,500Sep 2026 | — | +39.1%9 months |
| 5 | Defence & Aerospace | ₹350Dec 2025 | ₹445Sep 2026 | — | +27.1%9 months |
| 36 | Food & Beverage | ₹28Dec 2025 | ₹17Sep 2026 | — | -39.3%9 months |
| 37 | Financial Services | ₹1,150Dec 2025 | ₹650Sep 2026 | — | -43.5%9 months |
| 38 | Quick Commerce | ₹55Dec 2025 | ₹31Sep 2026 | — | -43.6%9 months |
| 39 | Technology | ₹23,000Dec 2025 | ₹10,400Sep 2026 | — | -54.8%9 months |
| 40 | Ola ElectricElectric Vehicles· Listed | ₹120pre-IPO | ₹52Apr 2026 | -36.7%issue ₹76 | -56.7% |
Top five and bottom five shown. The 30 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 -14.4%, and 31 of 40 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
+0.4%
issue ₹1,785 → ₹1,793
Still holding today
+145.6%
₹730 → ₹1,793
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 Sep 2026 · 2 years 8 months
+133.3%
after spread · +145.6% before it
₹730 → ₹1,793 a share
₹1.00 L would be worth ₹2.33 L, less the 5% it costs to get out.
Annualised
+37.4%
Compounded over 2 years 8 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.
13 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.
B9 Beverages (Bira 91), CarDekho (Girnar Software), CRED, Cult.fit (Curefit), HDFC Credila Financial Services, Hindustan Power Exchange (HPX), Infra.Market, InMobi, OfBusiness, Power Exchange India (PXIL), 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.