214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

Guiness Securities Limited Market Maker

Guiness Securities Limited is a SEBI registered entity which offered their services in 43 IPO, out of which 18 IPO are currently trading in gain and 25 in loss. It provides liquidity in the market by continuously offering to buy (bid) and sell (ask) securities during market hours.

SME IPOs assisted so far
43 (₹ 489.54 Cr.)
IPOs in Gain 18
IPOs in Loss 25

IPO Performance Report of Kfin Technologies Market Maker

NAME OFFER PRICE LISTING PRICE LISTING GAIN CMP CMP %
Dolfin Rubbers IPO
Financial Report >> 		₹ 26.00 ₹ 27.05 4.04% ₹ 194 645%
A-1 Acid IPO
Financial Report >> 		₹ 60.00 ₹ 61.25 2.08% ₹ 977 1528%
Add-Shop Promotions IPO
Financial Report >> 		₹ 26.00 ₹ 28.70 10.38% ₹ 9 -65%
Raw Edge IPO
Financial Report >> 		₹ 72.00 ₹ 72.40 0.56% ₹ 28 -61%
Waa Solar IPO
Financial Report >> 		₹ 161.00 ₹ 153.15 -4.88% ₹ 66 -59%
Debock Sales IPO
Financial Report >> 		₹ 66.00 ₹ 66.20 0.30% ₹ 2 -97%
MMP Industries IPO
Financial Report >> 		₹ 188.00 ₹ 199.50 6.12% ₹ 283 50%
Taylormade Renewables IPO
Financial Report >> 		₹ 35.00 ₹ 37.80 8.00% ₹ 180 415%
Angel Fibers IPO
Financial Report >> 		₹ 27.00 ₹ 27.10 0.37% ₹ 21 -21%
Vertoz Advertising IPO
Financial Report >> 		₹ 108.00 ₹ 129.60 20.00% ₹ 71 555%
Sheetal Cool IPO
Financial Report >> 		₹ 80.00 ₹ 86.60 8.25% ₹ 233 191%
Mehai Technology IPO
Financial Report >> 		₹ 40.00 ₹ 34.50 -13.75% ₹ 9 -78%
Trident Texofab IPO
Financial Report >> 		₹ 30.00 ₹ 68.00 126.67% ₹ 344 1046%
Nouritrans Exim IPO
Financial Report >> 		₹ 30.00 ₹ 24.30 -19.00% ₹ 1 -97%
ANG Lifesciences IPO
Financial Report >> 		₹ 80.00 ₹ 96.00 20.00% ₹ 33 -59%
7NR Retails IPO
Financial Report >> 		₹ 27.00 ₹ 27.00 0.00% ₹ 5 -83%
Bhakti Gems IPO
Financial Report >> 		₹ 20.00 ₹ 20.05 0.25% ₹ 21 4%
Meera Industries IPO
Financial Report >> 		₹ 36.00 ₹ 36.05 0.14% ₹ 68 89%
ASL Industries IPO
Financial Report >> 		₹ 35.00 ₹ 35.05 0.14% ₹ 66 89%
Sarthak Metals IPO
Financial Report >> 		₹ 30.00 ₹ 30.75 2.50% ₹ 104 247%
Super Fine IPO
Financial Report >> 		₹ 12.00 ₹ 12.60 5.00% ₹ 10 -18%
Aditya Vision IPO
Financial Report >> 		₹ 15.00 ₹ 15.27 1.80% ₹ 553 3585%
India Green IPO
Financial Report >> 		₹ 30.00 ₹ 30.15 0.50% ₹ 5 -83%
Aditya Consumer IPO
Financial Report >> 		₹ 15.00 ₹ 16.50 10.00% ₹ 54 257%
Riddhi Steel IPO
Financial Report >> 		₹ 38.00 ₹ 37.65 -0.92% ₹ 85 124%
Kwality Pharmaceuticals IPO
Financial Report >> 		₹ 45.00 ₹ 44.50 -1.11% ₹ 906 1913%
Shanti Educational IPO
Financial Report >> 		₹ 90.00 ₹ 91.00 1.11% ₹ 110 22%
Darshan Orna IPO
Financial Report >> 		₹ 60.00 ₹ 61.00 1.67% ₹ 2 -96%
Sagardeep Alloys IPO
Financial Report >> 		₹ 20.00 ₹ 19.00 -5.00% ₹ 28 41%
Nintec Systems IPO
Financial Report >> 		₹ 10.00 ₹ 11.40 14.00% ₹ 439 4294%
PB Films IPO
Financial Report >> 		₹ 10.00 ₹ 9.50 -5.00% ₹ 1 -93%
Gala Print IPO
Financial Report >> 		₹ 24.00 ₹ 24.10 0.42% ₹ 3 -78%
VMV Holidays IPO
Financial Report >> 		₹ 10.00 ₹ 10.50 5.00% ₹ 2 -84%
Encash Entertainment IPO
Financial Report >> 		₹ 40.00 ₹ 46.20 15.50% ₹ 29 -28%
Carewell Industries IPO
Financial Report >> 		₹ 15.00 ₹ 13.65 -9.00% ₹ 12 -20%
Tarini International IPO
Financial Report >> 		₹ 41.00 ₹ 41.90 2.20% ₹ 13 -67%
Polymac Thermoformers IPO
Financial Report >> 		₹ 35.00 ₹ 35.85 2.43% ₹ 18 -48%
Satkar Finlease IPO
Financial Report >> 		₹ 18.00 ₹ 20.85 15.83% [●] -100%
Onesource Techmedia IPO
Financial Report >> 		₹ 14.00 ₹ 12.40 -11.43% ₹ 20 42%
Sunstar Realty IPO
Financial Report >> 		₹ 20.00 ₹ 22.50 12.50% [●] -100%
Esteem Bio IPO
Financial Report >> 		₹ 25.00 ₹ 26.50 6.00% ₹ 5 86%
Eco Friendly IPO
Financial Report >> 		₹ 25.00 ₹ 25.55 2.20% ₹ 8 228%
RCL Retail IPO
Financial Report >> 		₹ 10.00 ₹ 10.45 4.50% ₹ 9 -12%

Merchant Banker wise SME IPO

Guiness Corporate Advisors Private Limited 36 (₹444.63 Cr.)
First Overseas Capital Limited 2 (₹13.66 Cr.)
Pantomath Capital Advisors Private Limited 1 (₹8.06 Cr.)
Fedex Securities Private Limited 1 (₹6.23 Cr.)
Spa Capital Advisors Limited 1 (₹6.00 Cr.)
Chartered Capital And Investment Limited 1 (₹6.00 Cr.)
Inventure Merchant Banker Services Private Limited 1 (₹4.96 Cr.)

Latest SME IPOs

Dolfin Rubbers

Ludhiana   |   Rubber

Listing Date: 10 October 2018

IPO Size: 5.20Cr.

Subscribed: 1.25x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

A-1 Acid

Ahmedabad   |   Chemical

Listing Date: 10 October 2018

IPO Size: 18.00Cr.

Subscribed: 1.81x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

Add-Shop Promotions

Rajkot   |   Healthcare - Ayurvedic

Listing Date: 10 September 2018

IPO Size: 6.23Cr.

Subscribed: 1.31x

Merchant Banker(s):
Fedex Securities Private
IPO Information

Raw Edge Industrial Solutions Ltd

Mumbai   |   Minerals

Listing Date: 18 July 2018

IPO Size: 16.50Cr.

Subscribed: 1.10x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

Waa Solar

Vadodara   |   Solar

Listing Date: 12 June 2018

IPO Size: 28.18Cr.

Subscribed: 1.85x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

Debock Sales and Marketing Ltd

Ahmedabad   |   Engineering

Listing Date: 5 June 2018

IPO Size: 8.06Cr.

Subscribed: 2.47x

Merchant Banker(s):
Pantomath Capital Advisors Private
IPO Information

MMP Industries

Nagpur   |   Aluminium

Listing Date: 12 April 2018

IPO Size: 84.60Cr.

Subscribed: 0.78x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

Taylormade Renewables

Ahmedabad   |   Solar

Listing Date: 6 April 2018

IPO Size: 11.34Cr.

Subscribed: 1.25x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

Angel Fibers

Rajkot   |   Textiles

Listing Date: 6 March 2018

IPO Size: 18.22Cr.

Subscribed: x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

Vertoz Advertising

Mumbai   |   Advertising and Media

Listing Date: 24 November 2017

IPO Size: 17.11Cr.

Subscribed: 0.00x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

Sheetal Cool Products

Amreli   |   Agro - Food Products

Listing Date: 30 October 2017

IPO Size: 24.00Cr.

Subscribed: 0.00x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

Mehai Technology

Chennai   |   Electric Equipments

Listing Date: 9 October 2017

IPO Size: 6.00Cr.

Subscribed: 0.00x

Merchant Banker(s):
Spa Capital Advisors
IPO Information

Trident Texofab

Surat   |   Textiles

Listing Date: 5 October 2017

IPO Size: 3.53Cr.

Subscribed: 0.00x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

Nouritrans Exim

Ahmedabad   |   Agro

Listing Date: 15 September 2017

IPO Size: 6.12Cr.

Subscribed: 0.00x

Merchant Banker(s):
First Overseas Capital
IPO Information

ANG Lifesciences India

Amritsar   |   Pharmaceutical

Listing Date: 8 September 2017

IPO Size: 12.01Cr.

Subscribed: 0.00x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

7NR Retails

Ahmedabad   |   Textiles

Listing Date: 18 July 2017

IPO Size: 5.12Cr.

Subscribed: 0.00x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

Bhakti Gems and Jewellery

Ahmedabad   |   Jewellery

Listing Date: 30 May 2017

IPO Size: 3.92Cr.

Subscribed: 0.00x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

Meera Industries

Surat   |   Textiles

Listing Date: 15 May 2017

IPO Size: 3.89Cr.

Subscribed: 0.00x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

ASL Industries

Kolkata   |   Automobile - Forging and Casting

Listing Date: 18 April 2017

IPO Size: 9.80Cr.

Subscribed: 0.00x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

Sarthak Metals

Bhilai   |   Metal

Listing Date: 27 March 2017

IPO Size: 10.91Cr.

Subscribed: 0.00x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

Super Fine Knitters

Ludhiana   |   Textiles

Listing Date: 2 February 2017

IPO Size: 4.08Cr.

Subscribed: 0.00x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

Aditya Vision

Patna   |   Retail

Listing Date: 12 December 2016

IPO Size: 5.76Cr.

Subscribed: 0.00x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

India Green Reality

Ahmedabad   |   Real Estate

Listing Date: 18 October 2016

IPO Size: 10.38Cr.

Subscribed: 0.00x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

Aditya Consumer Marketing

Patna   |   FMCG

Listing Date: 17 October 2016

IPO Size: 6.00Cr.

Subscribed: 0.00x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

Riddhi Steel & Tube

Ahmedabad   |   Steel

Listing Date: 14 September 2016

IPO Size: 8.89Cr.

Subscribed: 0.00x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

Kwality Pharmaceuticals

Amritsar   |   Pharmaceutical

Listing Date: 18 July 2016

IPO Size: 6.21Cr.

Subscribed: 0.00x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

Shanti Educational Initiatives Ltd

Ahmedabad   |   Textiles

Listing Date: 14 June 2016

IPO Size: 39.60Cr.

Subscribed: 0.00x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

Darshan Orna

Ahmedabad   |   Jewellery

Listing Date: 19 May 2016

IPO Size: 7.54Cr.

Subscribed: 0.00x

Merchant Banker(s):
First Overseas Capital
IPO Information

Sagardeep Alloys

Ahmedabad   |   Metal

Listing Date: 17 May 2016

IPO Size: 6.00Cr.

Subscribed: 0.00x

Merchant Banker(s):
Chartered Capital And Investment
IPO Information

Nintec Systems

Ahmedabad   |   Information Technology

Listing Date: 18 April 2016

IPO Size: 1.88Cr.

Subscribed: 0.00x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

PB Films

West Bengal   |   Film and Animation - VFX

Listing Date: 22 September 2015

IPO Size: 5.00Cr.

Subscribed: 0.00x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

Gala Print City

Ahmedabad   |   Corporate Solutions

Listing Date: 16 July 2015

IPO Size: 3.04Cr.

Subscribed: 0.00x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

VMV Holidays

Kolkata   |   Travel and Tourism

Listing Date: 14 July 2015

IPO Size: 1.56Cr.

Subscribed: 0.00x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

Encash Entertainment

Kolkata   |   Film and Animation - VFX

Listing Date: 29 September 2014

IPO Size: 4.39Cr.

Subscribed: 0.00x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

Carewell Industries

Chennai   |   Corporate Solutions

Listing Date: 12 August 2014

IPO Size: 4.96Cr.

Subscribed: 0.00x

Merchant Banker(s):
Inventure Merchant Banker Services Private
IPO Information

Tarini International

New Delhi   |   Engineering - Tech Solutions

Listing Date: 26 June 2014

IPO Size: 16.31Cr.

Subscribed: 0.00x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

Polymac Thermoformers

Kolkata   |   Packaging & Disposables

Listing Date: 26 February 2014

IPO Size: 7.70Cr.

Subscribed: 0.00x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

Satkar Finlease

New Delhi   |   Banking and Finance

Listing Date: 11 October 2013

IPO Size: 13.51Cr.

Subscribed: 0.00x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

Onesource Techmedia

Chennai   |   Advertising and Media

Listing Date: 5 June 2013

IPO Size: 2.80Cr.

Subscribed: 0.00x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

Sunstar Realty Development

Mumbai   |   Real Estate

Listing Date: 11 March 2013

IPO Size: 10.62Cr.

Subscribed: 0.00x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

Esteem Bio Organic Food Processing

New Delhi   |   Agro - Food Products

Listing Date: 7 February 2013

IPO Size: 11.25Cr.

Subscribed: 0.00x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

Eco Friendly Food Processing Park

New Delhi   |   Agro - Plantation

Listing Date: 14 January 2013

IPO Size: 7.52Cr.

Subscribed: 0.00x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

RCL Retail

Chennai   |   FMCG - Snacks and Beverages

Listing Date: 16 October 2012

IPO Size: 5.80Cr.

Subscribed: 0.00x

Merchant Banker(s):
Guiness Corporate Advisors Private
IPO Information

Other Market Makers

Hem Finlease Private Limited

No. of SME IPO: 98

Total IPO Size: ₹ 3353.81 Cr.

IPOs in Gain: 64
(based on CMP)

Detailed Review →
Nikunj Stock Brokers Limited

No. of SME IPO: 85

Total IPO Size: ₹ 1674.68 Cr.

IPOs in Gain: 48
(based on CMP)

Detailed Review →
Rikhav Securities Limited

No. of SME IPO: 80

Total IPO Size: ₹ 2433.44 Cr.

IPOs in Gain: 44
(based on CMP)

Detailed Review →
Aryaman Capital Markets Limited

No. of SME IPO: 72

Total IPO Size: ₹ 1236.78 Cr.

IPOs in Gain: 42
(based on CMP)

Detailed Review →
Pantomath Stock Brokers Private Limited

No. of SME IPO: 63

Total IPO Size: ₹ 1128.86 Cr.

IPOs in Gain: 31
(based on CMP)

Detailed Review →
Choice Equity Broking Private Limited

No. of SME IPO: 61

Total IPO Size: ₹ 1003.54 Cr.

IPOs in Gain: 29
(based on CMP)

Detailed Review →
NNM Securities Private Limited

No. of SME IPO: 58

Total IPO Size: ₹ 1463.14 Cr.

IPOs in Gain: 22
(based on CMP)

Detailed Review →
Gretex Share Broking Private Limited

No. of SME IPO: 55

Total IPO Size: ₹ 1192.43 Cr.

IPOs in Gain: 31
(based on CMP)

Detailed Review →
Shreni Shares Limited

No. of SME IPO: 51

Total IPO Size: ₹ 1016.82 Cr.

IPOs in Gain: 33
(based on CMP)

Detailed Review →
Giriraj Stock Broking Private Limited

No. of SME IPO: 49

Total IPO Size: ₹ 2116.31 Cr.

IPOs in Gain: 21
(based on CMP)

Detailed Review →
Beeline Broking Limited

No. of SME IPO: 46

Total IPO Size: ₹ 553.74 Cr.

IPOs in Gain: 22
(based on CMP)

Detailed Review →
Spread X Securities Private Limited

No. of SME IPO: 45

Total IPO Size: ₹ 1985.54 Cr.

IPOs in Gain: 28
(based on CMP)

Detailed Review →

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