247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Mainboard IPOs by Profitability

Analyse the financial performance of Mainboard IPOs with key metrics such as IPO size, IPO category, city, PAT, revenue, and PE ratio. Our curated table provides a detailed list of IPOs to assist businesses and investors in making strategic decisions. Supported by seasoned IPO consultants, we simplify the IPO listing process and ensure compliance with industry standards. Leverage data-driven insights and expert guidance to explore profitable opportunities and position your business for long-term success in the market.

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Summary

PE Ratio*
Highest 48.60
Median 22.05
Lowest 6.32
IPO Size (Cr.)
Highest 6958.64
Median 1,147.23
Lowest 127.20
  1. *IPOs with Extreme PE (50+) are excluded from the above calculations.
  2. Above summary is for reference only as the same is based on the limited data set.

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Company Name IPO Year (Listed) IPO Size (Cr.) P/E Annualized Revenue Annualised PAT net margin %
Eris Lifesciences Limited Jun 2017 1741.16 34.00 744.07 241.90 33%
Motilal Oswal Financial Services Limited Sep 2007 246.07 34.75 1090.00 241.32 22%
Concord Biotech Limited Aug 2023 1551.00 0.00 888.48 240.08 27%
Inox Wind Limited Apr 2015 1020.52 30.00 2393.32 239.08 10%
Happy Forgings Limited Dec 2023 1008.59 9.87 1351.46 238.60 18%
Global Health Limited Nov 2022 2205.57 38.36 2506.16 234.84 9%
Capital Infra Trust InvIT Jan 2025 1578.00 1584.54 230.86 15%
Equitas Small Finance Bank Limited Nov 2020 517.60 16.25 3003.88 230.68 8%
IL&FS Transportation Networks Limited Mar 2010 700.00 169.74 652.32 228.68 35%
Power Grid Corporation of India Dec 2013 6958.64 21.99 1332.87 227.95 17%
Muthoot Finance Limited May 2011 901.25 24.85 1089.38 227.57 21%
IndoStar Capital Finance Limited May 2018 1844.00 24.00 781.27 218.77 28%
Multi Commodity Exchange of India Limited Mar 2012 663.31 9.87 474.00 218.00 46%
Gandhar Oil Refinery (India) Limited Nov 2023 500.69 10.25 4286.08 217.12 5%
Fedbank Financial Services Limited Nov 2023 1092.26 16.66 1471.48 215.52 15%
Sona BLW Precision Forgings Limited Jun 2021 5550.00 78.86 1565.64 215.17 14%
India Shelter Finance Corporation Limited Dec 2023 1200.00 8.96 797.16 214.70 27%
Transrail Lighting Limited Dec 2024 838.91 28.02 3718.80 206.96 6%
Inox India Limited Dec 2023 1459.32 14.31 1160.00 206.68 18%
TBO Tek Limited May 2024 1550.81 48.60 1386.08 205.57 15%
Krishna Institute of Medical Sciences Limited Jun 2021 2143.74 32.13 1340.10 205.48 15%
CMS Info Systems Limited Dec 2021 1100.00 18.96 1511.33 202.73 13%
Bharat Highways Infrastructure Investment Trust Mar 2024 2500.00 0.00 777.08 202.70 26%
Uniparts India Limited Dec 2022 835.61 12.89 1391.04 202.08 15%
Tribhovandas Bhimji Zaveri Limited May 2012 200.00 21.86 4474.32 202.00 5%
Edelweiss Capital Limited Dec 2007 691.86 40.07 683.66 201.94 30%
Happiest Minds Technologies Limited Sep 2020 702.02 12.00 747.96 200.72 27%
Sanathan Textiles Limited Dec 2024 550.00 13.53 3151.04 200.28 6%
D B Corp Limited Jan 2010 384.22 0.00 1040.59 199.04 19%
Clean Science and Technology Limited Jul 2021 1546.62 48.18 538.07 198.38 37%
Vedant Fashions Limited Feb 2022 3149.19 106.78 774.58 196.82 25%
Dilip Buildcon Limited Aug 2016 653.98 15.00 4348.98 196.66 5%
Jyothi Laboratories Limited Dec 2007 305.69 20.72 1498.24 193.32 13%
R R Kabel Limited Sep 2023 1964.01 0.00 5633.64 189.87 3%
Consolidated Construction Consortium Limited Oct 2007 188.70 12.94 3418.84 184.96 5%
Krsnaa Diagnostics Limited Aug 2021 1213.33 80.91 661.48 184.93 28%
Blue Jet Healthcare Limited Nov 2023 840.27 26.07 738.40 176.48 24%
Syngene International Limited Aug 2015 550.00 27.00 871.60 175.00 20%
Go Digit General Insurance Limited May 2024 2614.65 145.03 174.44 172.03 99%
KFin Technologies Limited Dec 2022 1500.00 35.92 707.52 170.68 24%
Rainbow Children's Medicare Limited May 2022 1580.85 43.53 1032.08 168.55 16%
Muthoot Microfin Limited Dec 2023 960.00 0.00 1446.34 163.89 11%
Computer Age Management Services Limited Oct 2020 2244.33 36.81 653.84 163.32 25%
Ujjivan Financial Services Limited May 2016 887.69 15.00 972.85 163.08 17%
Electronics Mart India Limited Oct 2022 500.00 13.95 5641.00 162.64 3%
Senco Gold Limited Jul 2023 405.00 14.85 4108.54 158.48 4%
P N Gadgil Jewellers Limited Sep 2024 1100.00 42.20 6119.10 154.34 3%
Credit Analysis & Research Limited Dec 2012 539.98 23.06 289.59 154.27 53%
Angel One Limited Oct 2020 600.00 13.00 896.32 152.72 17%
HMA Agro Industries Limited Jul 2023 480.00 0.00 3223.76 150.99 5%
Galaxy Surfactants Limited Feb 2018 937.09 35.00 2394.56 150.32 6%
Laurus Labs Limited Dec 2016 1331.80 30.00 1883.58 150.20 8%
National Buildings Construction Corporation Limited Apr 2012 127.20 22.02 2705.82 149.94 6%
SBFC Finance Limited Aug 2023 1025.00 0.00 740.36 149.74 20%
DOMS Industries Limited Dec 2023 1200.00 0.00 1528.44 147.82 10%
Parsvnath Developers Limited Nov 2006 997.14 7.21 996.04 146.16 15%
Rashi Peripherals Limited Feb 2024 600.00 14.44 10946.54 144.04 1%
ASK Automotive Limited Nov 2023 834.00 12.30 2630.20 139.32 5%
Kolte-Patil Developers Limited Dec 2007 275.51 6.32 355.84 135.48 38%
India Pesticides Limited Jul 2021 800.00 25.34 655.38 134.51 21%
Vijaya Diagnostic Centre Limited Sep 2021 1895.04 41.10 503.88 133.32 26%
Medplus Health Services Limited Dec 2021 1398.30 71.52 3781.80 132.74 4%
Heranba Industries Limited Mar 2021 625.24 18.91 1238.42 132.62 11%
Supriya Lifescience Limited Dec 2021 700.00 17.80 460.12 131.92 29%
Sheela Foam Limited Dec 2016 510.00 27.00 1607.50 131.90 8%
Puravankara Projects Limited Aug 2007 858.70 58.91 416.86 130.40 31%
Zinka Logistics Solution Limited Nov 2024 1114.72 37.21 393.32 129.52 33%
Protean eGov Technologies Limited Nov 2023 490.33 46.51 932.68 128.84 14%
Flair Writing Industries Limited Dec 2023 593.00 0.00 994.00 128.56 13%
D B Realty Limited Feb 2010 1500.00 168.95 800.00 128.20 16%
IRB Infrastructure Developers Limited Feb 2008 944.57 195.00 784.29 126.57 16%
CreditAccess Grameen Limited Aug 2018 1131.19 48.00 875.21 124.64 14%
Enviro Infra Engineers Limited Nov 2024 650.43 21.10 829.84 123.12 15%
Arkade Developers Limited Sep 2024 410.00 19.35 635.71 122.81 19%
Anand Rathi Wealth Limited Dec 2021 660.00 18.67 405.36 122.62 30%
Indian Energy Exchange Limited Oct 2017 1000.73 40.00 246.64 122.52 50%
Metropolis Healthcare Limited Apr 2019 1204.29 37.30 745.75 118.36 16%
Dodla Dairy Limited Jun 2021 520.18 16.41 1417.04 116.38 8%
Aavas Financiers Limited Oct 2018 1734.07 56.00 575.48 116.00 20%
Campus Activewear Limited May 2022 1400.14 78.49 1125.27 113.07 10%
Gopal Snacks Limited Mar 2024 650.00 44.96 1355.94 111.14 8%
Sansera Engineering Limited Sep 2021 1282.98 40.39 1572.36 109.86 7%
Capital Small Finance Bank Limited Feb 2024 523.07 35.29 830.44 108.78 13%
EMS Limited Sep 2023 321.24 0.00 543.28 108.67 20%
Route Mobile Limited Sep 2020 600.00 18.47 1249.20 107.72 9%
IRM Energy Limited Oct 2023 545.40 23.54 994.52 107.64 11%
Prince Pipes and Fittings Limited Dec 2019 500.00 18.35 1520.76 106.68 7%
Home First Finance Company India Limited Feb 2021 1153.72 42.75 486.38 105.90 22%
CarTrade Tech Limited Aug 2021 2998.51 73.38 281.52 101.07 36%

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*The Revenue and PAT figures mentioned above are on the Annualised basis.

FAQs

Mainboard IPO

To list on the NSE for a Mainboard IPO, a company must have ₹10 crore paid-up capital, ₹25 crore market capitalization, a 3-year track record, and comply with legal requirements, with no insolvency or debt defaults.

To list on the BSE, the company must have ₹10 crore paid-up capital, raise at least ₹10 crore in the IPO, and have a ₹25 crore market capitalization post-issue.

For more details, please refer to Link https://www.ipoplatform.com/blogs/difference-between-mainboard-and-sme-ipo/127

SME IPO 

To list on NSE Emerge and BSE SME, a company’s post-issue capital should not exceed to Rs 25 crore a 3-year track record, and profit in 2 of the last 3 years. The company must have, ₹1 crore net worth, ₹3 crore net tangible assets, and at least 1 year of operating profit or a 3-year track record from its predecessor.

For details on NSE SME eligibility, refer to Link https://www.ipoplatform.com/blogs/nse-sme-eligibility-criteria/135

For details on BSE SME eligibility criteria, refer to link https://www.ipoplatform.com/blogs/bse-sme-eligibility-criteria/134

Valuation of a company for an IPO depends on several factors, including:

  • Revenue: Positive revenue often leads to positive profit (PAT), affecting the P/E ratio.
  • Growth Potential: A company’s ability to expand revenue and profits based on market demand and strategies.
  • Market Conditions: The overall market environment at the time of the IPO.
  • Industry: The company’s industry and its trends, which influence the P/E multiple and valuation.

Learn More

  • IPO process includes filing DRHP which gives details on the utilizations of the funds in its objects of offer section. Generally, the funds are utilized towards working capital, capital expansion and repayment of debt.

When a company raises funds through an IPO (Initial Public Offering), following things should be kept in mind;

  1. Separate Bank Account: All the money raised from the IPO must be kept in a separate bank account.
  2. Usage of Funds: The company must clearly show how the raised money was spent in its financial reports, including the purpose of each expenditure.
  3. Unutilized Funds: If any money from the IPO is not used, the company must disclose where and how those funds are being kept or invested.

The merchant banker must have to provide the details of utilization to SEBI. 

IPO advisors or SME IPO Consultants play a crucial role in guiding the company through the IPO process. They assist with structuring the offering, preparing necessary documentation, IPO pricing with fair valuations, ensuring regulatory compliance, due diligence activity, and helping market the IPO to potential investors. Their expertise ensures a smooth and successful public listing.

IPO platform in India provides information on upcoming IPOs on NSE Emerge and BSE SME and list of merchant bankers and anchor investors. Role of IPO advisor is important in the success of the listings. 

Understand the role of IPO Advisors

Pre IPO-Issue also has to comply with SEBI ICDR regulations.

A pre-IPO company might get eventually listed on NSE Emerge, BSE SME or mainboard platform of the stock exchanges by fulfilling the NSE/BSE eligibility criteria. Best Merchant Bankers in India have the role and responsibility for launching IPO.

For further details refer this link https://www.ipoplatform.com/blogs/what-is-pre-ipo-investment-and-role-of-ipo-advisors/142

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