New Delhi, Sept. 29 -- Five recent IPOs have delivered more than 100% returns from their issue prices, with ESDS Software Solution emerging as the biggest gainer. The stock, which was issued at Rs.429, is currently trading at around Rs.1,586.35, translating into a 270% return.

IndoMIM has also generated strong gains, rising from its IPO price of Rs.485 to Rs.1,288.40, a 166% return. Technocraft Ventures has climbed from Rs.212 to Rs.492.35, delivering a 132% return.

Meanwhile, Milky Mist Dairy Food, which was issued at Rs.140, is trading at around Rs.318, translating into a 127% gain. Xtranet Technologies has risen from its IPO price of Rs.127 to Rs.285, generating a 124% return.

Talking about the listings, ESDS Software Solutions shar...