As more corporations seek to profit from buoyant investor sentiment, the primary market has been a hot spot in the current pandemic. The system has plenty of liquidity due to loose monetary policies from various central banks. There is also positive momentum in secondary market and a higher participation rate by retail investors. This has kept interest in initial public offerings (IPOs), alive. There have been 40 IPO launches since March 2020 and resultant listings on the bourses, raising approximately Rs 69.300 crore.11 stocks on the list have more than doubled their issue prices. Happiest Minds Technology and Route Mobile are the top performers. They have both gained 586 percent & 406 percent from their issue prices, respectively. Only 4 of 40 IPOs were unsuccessful. According to Chittorgarh.com, these are Brookfield India Real Estate Trust and Indian Railway Finance Corporation. Kalyan Jewellers India and Suryoday Small Finance Bank.It's interesting to see that stocks such as Angel Broking, Equitas Small Finance Bank and UTI Asset Management Company were listed on the bourses at discounts to their issue prices, but have gained approximately 186 percent, 78%, and 53%, respectively. SBI Cards and Payment Services and Power Grid Infrastructure Investment Trust, Gland Pharma, Sona BLW Precision Forgings and SBI Cards and Payment Services were the top-grossing IPOs during this period. They raised anywhere from Rs 5,000 crore to Rs 10,350 crore.The share price has surged 586 percent to Rs 1,139.20 on July 1, 2021, from its issue price of Rs 166. It was listed on the exchanges on September 17, 2020 with an issue value of Rs 702 crore.The share price has surged 406 percent to 1,771.50 on July 1, 2021, from its issue price of Rs 350. It was listed on the exchanges on September 21, 2020 with an issue value of Rs 600 crore.The share price has surged 299 percent to 1,597.80 on July 1, 2021, from its issue price of Rs 400. It was listed on the exchanges on February 25, 2021 with an issue value of Rs 100 crore.The share price has surged 238 percent to 406.00 on July 1, 2021, from its issue price of Rs 120. It was listed on the exchanges on October 15, 2020 with an issue value of Rs 61 million.The share price has surged 186 percent to 873.90 on July 1, 2021, from its issue price of Rs 306. It was listed on the exchanges on October 5, 2020 with an issue value of Rs 600 crore.The share price has surged 181 percent to 1195.35 on July 1, 2021, from its issue price of Rs 425. It was listed on the exchanges on July 23, 2020 with an issue value of Rs 496 crore.The share price has surged 165 percent to 159.05 on July 1, 2021, from its issue price of Rs 60. It was listed on the exchanges on December 14, 2020 with an issue value of Rs 810 crore.The share price has surged 126 percent to 2783.00 on July 1, 2021, from its issue price of Rs 1230. It was listed on the exchanges on October 1, 2020 with an issue value of Rs 2244 crore.The share price has surged 124 percent to 3,367.05 on July 1, 2021, from its issue price of Rs 1,500. It was listed on the exchanges on November 20, 2020 with an issue value of Rs 6,480 crore.The share price has surged 109 percent to 390.65 on July 1, 2021, from its issue price of Rs 187. It was listed on the exchanges on March 19, 2021 with an issue value of Rs 510 million.