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

Nikunj Stock Brokers Limited Market Maker

Nikunj Stock Brokers Limited is a SEBI registered entity which offered their services in 85 IPO, out of which 48 IPO are currently trading in gain and 37 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
85 (₹ 1,674.68 Cr.)
IPOs in Gain 48
IPOs in Loss 37

IPO Performance Report of Kfin Technologies Market Maker

NAME OFFER PRICE LISTING PRICE LISTING GAIN CMP CMP %
Valplast Technologies IPO
Financial Report >> 		₹ 54.00 ₹ 57.00 5.56% ₹ 59 9%
Globtier Infotech IPO
Financial Report >> 		₹ 72.00 ₹ 57.60 -20.00% ₹ 30 -58%
Icon Facilitators IPO
Financial Report >> 		₹ 91.00 ₹ 90.00 -1.10% ₹ 47 -49%
Nukleus Office IPO
Financial Report >> 		₹ 234.00 ₹ 187.20 -20.00% ₹ 166 -29%
PS Raj IPO
Financial Report >> 		₹ 140.00 ₹ 145.00 3.57% ₹ 265 89%
Jungle Camps IPO
Financial Report >> 		₹ 72.00 ₹ 129.96 80.50% ₹ 55 -23%
Agarwal Toughened IPO
Financial Report >> 		₹ 108.00 ₹ 135.00 25.00% ₹ 156 45%
Phoenix Overseas IPO
Financial Report >> 		₹ 64.00 ₹ 64.00 0.00% ₹ 21 -67%
Avi Ansh IPO
Financial Report >> 		₹ 62.00 ₹ 68.00 9.68% ₹ 100 61%
Share Samadhan IPO
Financial Report >> 		₹ 74.00 ₹ 74.87 1.18% ₹ 61 -18%
Gajanand International IPO
Financial Report >> 		₹ 36.00 ₹ 39.90 10.83% ₹ 12 -68%
Resourceful Automobile IPO
Financial Report >> 		₹ 117.00 ₹ 122.85 5.00% ₹ 63 -46%
Aesthetik Engineers IPO
Financial Report >> 		₹ 58.00 ₹ 115.70 99.48% ₹ 128 121%
Tunwal E-Motors IPO
Financial Report >> 		₹ 59.00 ₹ 60.80 3.05% ₹ 31 -47%
Ambey Laboratories IPO
Financial Report >> 		₹ 68.00 ₹ 89.25 31.25% ₹ 42 -38%
Divine Power IPO
Financial Report >> 		₹ 40.00 ₹ 152.30 280.75% ₹ 257 543%
Akiko Global IPO
Financial Report >> 		₹ 77.00 ₹ 93.35 21.23% ₹ 256 232%
Falcon Technoprojects IPO
Financial Report >> 		₹ 92.00 ₹ 88.20 -4.13% ₹ 18 -81%
Storage Technologies IPO
Financial Report >> 		₹ 78.00 ₹ 153.05 96.22% ₹ 77 -1%
DCG Cables IPO
Financial Report >> 		₹ 100.00 ₹ 91.55 -8.45% ₹ 66 -34%
M.V.K. Agro IPO
Financial Report >> 		₹ 120.00 ₹ 82.95 -30.87% ₹ 545 354%
Italian Edibles IPO
Financial Report >> 		₹ 68.00 ₹ 57.75 -15.07% ₹ 34 -50%
Qualitek Labs IPO
Financial Report >> 		₹ 100.00 ₹ 199.50 99.50% ₹ 378 278%
Kaushalya Logistics IPO
Financial Report >> 		₹ 75.00 ₹ 105.00 40.00% ₹ 54 -28%
Akanksha Power IPO
Financial Report >> 		₹ 55.00 ₹ 65.10 18.36% ₹ 94 72%
HRH Next IPO
Financial Report >> 		₹ 36.00 ₹ 43.05 19.58% ₹ 33 -8%
Presstonic Engineering IPO
Financial Report >> 		₹ 72.00 ₹ 147.00 104.17% ₹ 74 3%
Swashthik Plascon IPO
Financial Report >> 		₹ 86.00 ₹ 126.10 46.63% ₹ 39 -55%
Baba Food IPO
Financial Report >> 		₹ 76.00 ₹ 72.20 -5.00% ₹ 37 -52%
Micropro Software IPO
Financial Report >> 		₹ 81.00 ₹ 80.00 -1.23% ₹ 21 -74%
Mish Designs IPO
Financial Report >> 		₹ 122.00 ₹ 152.00 24.59% ₹ 55 -55%
Vrundavan Plantation IPO
Financial Report >> 		₹ 108.00 ₹ 101.65 -5.88% ₹ 52 -52%
WomanCart Limited IPO
Financial Report >> 		₹ 86.00 ₹ 122.85 42.85% ₹ 243 182%
Committed Cargo IPO
Financial Report >> 		₹ 77.00 ₹ 86.10 11.82% ₹ 238 209%
Plada Infotech IPO
Financial Report >> 		₹ 48.00 ₹ 56.05 16.77% ₹ 18 -62%
Sharp Chucks IPO
Financial Report >> 		₹ 58.00 ₹ 65.05 12.16% ₹ 102 76%
Vishnusurya Projects IPO
Financial Report >> 		₹ 68.00 ₹ 76.65 12.72% ₹ 170 150%
Newjaisa Technologies IPO
Financial Report >> 		₹ 47.00 ₹ 70.80 50.64% ₹ 38 -19%
Holmarc Opto-Mechatronics IPO
Financial Report >> 		₹ 40.00 ₹ 68.50 71.25% ₹ 107 167%
Sungarner Energies IPO
Financial Report >> 		₹ 83.00 ₹ 262.35 216.08% ₹ 231 178%
Crop Life IPO
Financial Report >> 		₹ 52.00 ₹ 53.15 2.21% ₹ 55 6%
Srivari Spices IPO
Financial Report >> 		₹ 42.00 ₹ 106.55 153.69% ₹ 147 249%
Yasons Chemex IPO
Financial Report >> 		₹ 40.00 ₹ 33.60 -16.00% ₹ 12 -70%
Drone Destination IPO
Financial Report >> 		₹ 65.00 ₹ 102.10 57.08% ₹ 67 4%
Alphalogic Industries IPO
Financial Report >> 		₹ 96.00 ₹ 96.29 0.30% ₹ 127 32%
ITCONS E-Solutions IPO
Financial Report >> 		₹ 51.00 ₹ 46.99 -7.86% ₹ 568 1014%
Amanaya Ventures IPO
Financial Report >> 		₹ 23.00 ₹ 20.10 -12.61% ₹ 16 -29%
S.V.J. Enterprises IPO
Financial Report >> 		₹ 36.00 ₹ 38.00 5.56% ₹ 223 518%
Indong Tea IPO
Financial Report >> 		₹ 26.00 ₹ 20.80 -20.00% ₹ 14 -48%
Dollex Agrotech IPO
Financial Report >> 		₹ 35.00 ₹ 31.50 -10.00% ₹ 41 16%
All E IPO
Financial Report >> 		₹ 90.00 ₹ 131.25 45.83% ₹ 263 192%
Arham Technologies IPO
Financial Report >> 		₹ 42.00 ₹ 63.00 50.00% ₹ 102 142%
AMBO Agritec IPO
Financial Report >> 		₹ 30.00 ₹ 42.10 40.33% ₹ 62 108%
Integrated Personnel IPO
Financial Report >> 		₹ 59.00 ₹ 69.80 18.31% ₹ 300 408%
Containe Technologies IPO
Financial Report >> 		₹ 15.00 ₹ 23.10 54.00% ₹ 38 153%
Naturo Indiabull IPO
Financial Report >> 		₹ 30.00 ₹ 26.25 -12.50% ₹ 5 -84%
Upsurge Seeds IPO
Financial Report >> 		₹ 120.00 ₹ 147.00 22.50% ₹ 258 115%
Agni Green IPO
Financial Report >> 		₹ 10.00 ₹ 26.25 162.50% ₹ 27 166%
Healthy Life IPO
Financial Report >> 		₹ 10.00 ₹ 9.34 -6.60% ₹ 16 62%
KCK Industries IPO
Financial Report >> 		₹ 30.00 ₹ 26.25 -12.50% ₹ 39 548%
Pearl Green IPO
Financial Report >> 		₹ 186.00 ₹ 198.50 6.72% ₹ 167 -10%
Nanavati Ventures IPO
Financial Report >> 		₹ 50.00 ₹ 50.30 0.60% ₹ 104 108%
Fone4 Communications IPO
Financial Report >> 		₹ 10.00 ₹ 9.50 -5.00% ₹ 6 -36%
Swaraj Suiting IPO
Financial Report >> 		₹ 56.00 ₹ 53.20 -5.00% ₹ 165 195%
Shigan Quantum IPO
Financial Report >> 		₹ 50.00 ₹ 64.05 28.10% ₹ 69 38%
Safa Systems IPO
Financial Report >> 		₹ 10.00 ₹ 15.73 57.30% ₹ 42 319%
Dj Mediaprint IPO
Financial Report >> 		₹ 125.00 ₹ 241.70 93.36% ₹ 102 -19%
Timescan Logistics IPO
Financial Report >> 		₹ 51.00 ₹ 86.10 68.82% ₹ 51 0.00%
DK Enterprises IPO
Financial Report >> 		₹ 40.00 ₹ 43.30 8.25% ₹ 69 72%
Dynamic Services IPO
Financial Report >> 		₹ 51.00 ₹ 53.55 5.00% ₹ 126 147%
Destiny Logistics IPO
Financial Report >> 		₹ 20.00 ₹ 19.70 -1.50% ₹ 126 529%
Promax Power IPO
Financial Report >> 		₹ 10.00 ₹ 11.50 15.00% ₹ 27 172%
SBL Infratech IPO
Financial Report >> 		₹ 111.00 ₹ 130.00 17.12% ₹ 33 -70%
Walpar Nutritions IPO
Financial Report >> 		₹ 55.00 ₹ 59.95 9.00% ₹ 42 -24%
Focus Business IPO
Financial Report >> 		₹ 19.00 ₹ 29.35 54.47% ₹ 126 561%
Abhishek Integrations IPO
Financial Report >> 		₹ 50.00 ₹ 40.00 -20.00% ₹ 37 -27%
Sigma Solve IPO
Financial Report >> 		₹ 45.00 ₹ 45.10 0.22% ₹ 53 18%
DJ Mediaprint IPO
Financial Report >> 		₹ 20.00 ₹ 20.80 4.00% ₹ 102 408%
Tranway Technologies IPO
Financial Report >> 		₹ 10.00 ₹ 11.65 16.50% ₹ 6 -39%
Alphalogic Techsys IPO
Financial Report >> 		₹ 84.00 ₹ 84.35 0.42% ₹ 82 -3%
SBC Exports IPO
Financial Report >> 		₹ 22.00 ₹ 23.10 5.00% ₹ 22 2%
KHFM Hospitality IPO
Financial Report >> 		₹ 36.00 ₹ 36.10 0.28% ₹ 71 98%
Jonjua Overseas IPO
Financial Report >> 		₹ 10.00 ₹ 11.40 14.00% ₹ 8 -18%
Diksha Greens IPO
Financial Report >> 		₹ 30.00 ₹ 35.90 19.67% ₹ 2 -93%
Lorenzini Apparels IPO
Financial Report >> 		₹ 10.00 ₹ 9.25 -7.50% ₹ 11 964%

Merchant Banker wise SME IPO

Finshore Management Services Limited 27 (₹272.76 Cr.)
Fast Track Finsec Private Limited 6 (₹107.84 Cr.)
Khandwala Securities Limited 5 (₹168.87 Cr.)
Narnolia Financial Services Limited 5 (₹131.78 Cr.)
First Overseas Capital Limited 4 (₹37.72 Cr.)
Beeline Capital Advisors Private Limited 4 (₹24.49 Cr.)
Navigant Corporate Advisors Limited 3 (₹12.28 Cr.)
Interactive Financial Services Limited 3 (₹92.01 Cr.)
Fedex Securities Private Limited 3 (₹50.02 Cr.)
Horizon Management Private Limited 3 (₹214.52 Cr.)
Khambatta Securities Limited 3 (₹69.19 Cr.)
Unistone Capital Private Limited 2 (₹60.94 Cr.)
Indorient Financial Services Limited 2 (₹52.29 Cr.)
Oneview Corporate Advisors Private Limited 2 (₹49.59 Cr.)
Shannon Advisors Private Limited 1 (₹31.05 Cr.)
Fintellectual Corporate Advisors Private Limited 1 (₹28.09 Cr.)
Sundae Capital Advisors 1 (₹31.70 Cr.)
Cumulative Capital Private Limited 1 (₹62.64 Cr.)
3Dimesnion Capital Services Limited 1 (₹25.99 Cr.)
Swastika Investmart Limited 1 (₹11.99 Cr.)
kunvarji finstock private limited 1 (₹13.69 Cr.)
Shreni Shares Limited 1 (₹40.76 Cr.)
Swaraj Shares and Securities Private Limited 1 (₹30.70 Cr.)
Aryaman Financial Services Limited 1 (₹9.76 Cr.)
GYR Capital Advisors Private Limited 1 (₹9.00 Cr.)
Bonanza Portfolio Limited 1 (₹10.62 Cr.)
Expert Global Consultants Private Limited 1 (₹24.39 Cr.)

Latest SME IPOs

Valplast Technologies

Faridabad   |   Infrastructure

Listing Date: 8 October 2025

IPO Size: 28.09Cr.

Subscribed: 1.19x

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

Globtier Infotech limited

New Delhi   |   Information Technology

Listing Date: 2 September 2025

IPO Size: 31.05Cr.

Subscribed: 1.34x

Merchant Banker(s):
Shannon Advisors Private
IPO Information

Icon Facilitators

New Delhi   |   Engineering - EPC

Listing Date: 1 July 2025

IPO Size: 18.15Cr.

Subscribed: 2.49x

Merchant Banker(s):
Khambatta Securities
IPO Information

Nukleus Office Solutions

New Delhi   |   Corporate Solutions

Listing Date: 4 March 2025

IPO Size: 31.70Cr.

Subscribed: 1.29x

Merchant Banker(s):
Sundae Capital Advisors
IPO Information

PS Raj Steels

Hisar   |   Steel

Listing Date: 19 February 2025

IPO Size: 28.28Cr.

Subscribed: 9.82x

Merchant Banker(s):
Khambatta Securities
IPO Information

Jungle Camps India

New Delhi   |   Hotels and Resorts

Listing Date: 17 December 2024

IPO Size: 29.42Cr.

Subscribed: 494.58x

Merchant Banker(s):
Khandwala Securities
IPO Information

Agarwal Toughened Glass India

Jaipur   |   Glass

Listing Date: 5 December 2024

IPO Size: 62.64Cr.

Subscribed: 9.89x

Merchant Banker(s):
Cumulative Capital Private
IPO Information

Phoenix Overseas

Kolkata   |   Agro

Listing Date: 27 September 2024

IPO Size: 36.03Cr.

Subscribed: 119.22x

Merchant Banker(s):
Khandwala Securities
IPO Information

Avi Ansh Textile

New Delhi   |   Textiles

Listing Date: 27 September 2024

IPO Size: 25.99Cr.

Subscribed: 8.32x

Merchant Banker(s):
3Dimesnion Capital Services
IPO Information

Share Samadhan

New Delhi   |   Banking and Finance - FinTech

Listing Date: 16 September 2024

IPO Size: 24.06Cr.

Subscribed: 14.59x

Merchant Banker(s):
Narnolia Financial Services
IPO Information

Gajanand International

Rajkot   |   Agro - Plantation

Listing Date: 16 September 2024

IPO Size: 20.65Cr.

Subscribed: 15.27x

Merchant Banker(s):
Fast Track Finsec Private
IPO Information

Resourceful Automobile

New Delhi   |   Automobile

Listing Date: 29 August 2024

IPO Size: 11.99Cr.

Subscribed: 418.82x

Merchant Banker(s):
Swastika Investmart
IPO Information

Aesthetik Engineers

Kolkata   |   Engineering

Listing Date: 16 August 2024

IPO Size: 26.47Cr.

Subscribed: 705.26x

Merchant Banker(s):
Narnolia Financial Services
IPO Information

Tunwal E-Motors

Pune   |   Engineering - Automotive

Listing Date: 23 July 2024

IPO Size: 115.64Cr.

Subscribed: 12.31x

Merchant Banker(s):
Horizon Management Private
IPO Information

Ambey Laboratories

New Delhi   |   Chemical - Pesticides

Listing Date: 11 July 2024

IPO Size: 44.68Cr.

Subscribed: 173.18x

Merchant Banker(s):
Fast Track Finsec Private
IPO Information

Divine Power Energy

New Delhi   |   Cables and Wires

Listing Date: 2 July 2024

IPO Size: 22.76Cr.

Subscribed: 393.67x

Merchant Banker(s):
Khambatta Securities
IPO Information

Akiko Global Services

New Delhi   |   Banking and Finance

Listing Date: 2 July 2024

IPO Size: 23.11Cr.

Subscribed: 34.96x

Merchant Banker(s):
Fast Track Finsec Private
IPO Information

Falcon Technoprojects India

Mumbai   |   Infrastructure

Listing Date: 26 June 2024

IPO Size: 13.69Cr.

Subscribed: 65.32x

Merchant Banker(s):
kunvarji finstock private limited
IPO Information

Storage Technologies and Automation

Bangalore   |   Corporate Solutions

Listing Date: 8 May 2024

IPO Size: 29.95Cr.

Subscribed: 278.82x

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

DCG Cables & Wires

Ahmedabad   |   Cables and Wires

Listing Date: 16 April 2024

IPO Size: 49.99Cr.

Subscribed: 16.96x

Merchant Banker(s):
Interactive Financial Services
IPO Information

M.V.K. Agro Food Product Ltd

Nanded   |   Agro - Food Products

Listing Date: 7 March 2024

IPO Size: 65.88Cr.

Subscribed: 8.46x

Merchant Banker(s):
Horizon Management Private
IPO Information

Italian Edibles

Indore   |   Agro - Food Products

Listing Date: 12 February 2024

IPO Size: 26.66Cr.

Subscribed: 154.43x

Merchant Banker(s):
First Overseas Capital
IPO Information

Qualitek Labs

New Delhi   |   Laboratories

Listing Date: 29 January 2024

IPO Size: 19.64Cr.

Subscribed: 58.95x

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

Kaushalya Logistics

New Delhi   |   Logistics

Listing Date: 8 January 2024

IPO Size: 36.60Cr.

Subscribed: 390.88x

Merchant Banker(s):
Khandwala Securities
IPO Information

Akanksha Power and Infrastructure

Nashik   |   Electric Equipments - OEM

Listing Date: 3 January 2024

IPO Size: 27.49Cr.

Subscribed: 117.39x

Merchant Banker(s):
Narnolia Financial Services
IPO Information

HRH Next Services

Hyderabad   |   Outsourcing - BPO

Listing Date: 3 January 2024

IPO Size: 9.57Cr.

Subscribed: 66.29x

Merchant Banker(s):
Finshore Management Services
IPO Information

Presstonic Engineering

Bangalore   |   Engineering - EPC

Listing Date: 18 December 2023

IPO Size: 23.30Cr.

Subscribed: 168.25x

Merchant Banker(s):
Finshore Management Services
IPO Information

Swashthik Plascon

Pondicherry   |   Recycling - Polymer

Listing Date: 5 December 2023

IPO Size: 40.76Cr.

Subscribed: 15.43x

Merchant Banker(s):
Shreni Shares
IPO Information

Baba Food Processing limited

Ranchi   |   Agro - Flour Mill

Listing Date: 15 November 2023

IPO Size: 33.00Cr.

Subscribed: 69.44x

Merchant Banker(s):
Horizon Management Private
IPO Information

Micropro Software Solutions

Nagpur   |   Information Technology - Data Solutions

Listing Date: 10 November 2023

IPO Size: 30.70Cr.

Subscribed: 36.88x

Merchant Banker(s):
Swaraj Shares and Securities Private
IPO Information

Mish Designs

Mumbai   |   Textiles - Fabrics

Listing Date: 7 November 2023

IPO Size: 9.76Cr.

Subscribed: 135.43x

Merchant Banker(s):
Aryaman Financial Services
IPO Information

Vrundavan Plantation

Ahmedabad   |   Agro - Plantation

Listing Date: 6 November 2023

IPO Size: 15.29Cr.

Subscribed: 18.57x

Merchant Banker(s):
Interactive Financial Services
IPO Information

WomanCart

New Delhi   |   E-Commerce

Listing Date: 27 October 2023

IPO Size: 9.56Cr.

Subscribed: 67.48x

Merchant Banker(s):
Narnolia Financial Services
IPO Information

Committed Cargo Care

New Delhi   |   Logistics

Listing Date: 18 October 2023

IPO Size: 24.98Cr.

Subscribed: 87.78x

Merchant Banker(s):
Fedex Securities Private
IPO Information

Plada Infotech Services

Mumbai   |   Outsourcing - BPO

Listing Date: 13 October 2023

IPO Size: 12.36Cr.

Subscribed: 57.85x

Merchant Banker(s):
Indorient Financial Services
IPO Information

Sharp Chucks and Machines limited

Jalandhar   |   Automobile - Forging and Casting

Listing Date: 12 October 2023

IPO Size: 16.84Cr.

Subscribed: 54.20x

Merchant Banker(s):
Khandwala Securities
IPO Information

Vishnusurya Projects and Infra

Chennai   |   Engineering - EPC

Listing Date: 10 October 2023

IPO Size: 49.98Cr.

Subscribed: 44.11x

Merchant Banker(s):
Khandwala Securities
IPO Information

Newjaisa Technologies

New Delhi   |   Information Technology - Hardware

Listing Date: 5 October 2023

IPO Size: 39.93Cr.

Subscribed: 6.85x

Merchant Banker(s):
Indorient Financial Services
IPO Information

Holmarc Opto-Mechatronics

Ernakulam   |   Engineering

Listing Date: 25 September 2023

IPO Size: 11.40Cr.

Subscribed: 85.81x

Merchant Banker(s):
Finshore Management Services
IPO Information

Sungarner Energies

New Delhi   |   Electric Equipments

Listing Date: 31 August 2023

IPO Size: 5.31Cr.

Subscribed: 152.40x

Merchant Banker(s):
Fast Track Finsec Private
IPO Information

Crop Life Science

Ahmedabad   |   Chemical - Pesticides

Listing Date: 30 August 2023

IPO Size: 26.73Cr.

Subscribed: 4.36x

Merchant Banker(s):
Interactive Financial Services
IPO Information

Srivari Spices and Foods

Hyderabad   |   Agro - Flour Mill

Listing Date: 18 August 2023

IPO Size: 9.00Cr.

Subscribed: 450.03x

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

Yasons Chemex Care

Ahmedabad   |   Chemical

Listing Date: 3 August 2023

IPO Size: 20.57Cr.

Subscribed: 59.60x

Merchant Banker(s):
Fedex Securities Private
IPO Information

Drone Destination

New Delhi   |   Drone

Listing Date: 21 July 2023

IPO Size: 44.20Cr.

Subscribed: 191.65x

Merchant Banker(s):
Narnolia Financial Services
IPO Information

Alphalogic Industries

Pune   |   Furniture - Industrial Storage

Listing Date: 14 July 2023

IPO Size: 12.88Cr.

Subscribed: 5.34x

Merchant Banker(s):
Finshore Management Services
IPO Information

ITCONS E-Solutions

New Delhi   |   Human Resources and Manpower

Listing Date: 13 March 2023

IPO Size: 8.67Cr.

Subscribed: 16.79x

Merchant Banker(s):
Finshore Management Services
IPO Information

Amanaya Ventures

Amritsar   |   Jewellery

Listing Date: 9 March 2023

IPO Size: 2.76Cr.

Subscribed: 1.75x

Merchant Banker(s):
First Overseas Capital
IPO Information

S.V.J. Enterprises

Mumbai   |   Packaging & Disposables

Listing Date: 9 March 2023

IPO Size: 6.12Cr.

Subscribed: 1.49x

Merchant Banker(s):
First Overseas Capital
IPO Information

Indong Tea Company

Kolkata   |   Tea and Coffee

Listing Date: 21 February 2023

IPO Size: 13.01Cr.

Subscribed: 4.97x

Merchant Banker(s):
Finshore Management Services
IPO Information

Dollex Agrotech

Indore   |   Agro - Sugar

Listing Date: 28 December 2022

IPO Size: 24.39Cr.

Subscribed: 1.88x

Merchant Banker(s):
Expert Global Consultants Private
IPO Information

All E Technologies

New Delhi   |   Information Technology - SaaS

Listing Date: 21 December 2022

IPO Size: 48.20Cr.

Subscribed: 88.69x

Merchant Banker(s):
Unistone Capital Private
IPO Information

Arham Technologies

Raipur   |   Electric Equipments - OEM

Listing Date: 15 December 2022

IPO Size: 9.58Cr.

Subscribed: 450.03x

Merchant Banker(s):
Finshore Management Services
IPO Information

AMBO Agritec

Kolkata   |   Agro - Food Products

Listing Date: 2 December 2022

IPO Size: 10.20Cr.

Subscribed: 336.75x

Merchant Banker(s):
Finshore Management Services
IPO Information

Integrated Personnel Services

Mumbai   |   Human Resources and Manpower

Listing Date: 11 November 2022

IPO Size: 12.74Cr.

Subscribed: 19.58x

Merchant Banker(s):
Unistone Capital Private
IPO Information

Containe Technologies

Hyderabad   |   Engineering - Automotive

Listing Date: 30 September 2022

IPO Size: 2.62Cr.

Subscribed: 121.31x

Merchant Banker(s):
Finshore Management Services
IPO Information

Naturo Indiabull

Jaipur   |   FMCG

Listing Date: 2 September 2022

IPO Size: 10.92Cr.

Subscribed: 20.26x

Merchant Banker(s):
Finshore Management Services
IPO Information

Upsurge Seeds of Agriculture

Rajkot   |   Agro - Food Products

Listing Date: 11 August 2022

IPO Size: 22.81Cr.

Subscribed: 80.50x

Merchant Banker(s):
Finshore Management Services
IPO Information

Agni Green Power

Kolkata   |   Solar

Listing Date: 1 August 2022

IPO Size: 5.25Cr.

Subscribed: 73.66x

Merchant Banker(s):
Finshore Management Services
IPO Information

Healthy Life Agritec

Mumbai   |   FMCG

Listing Date: 26 July 2022

IPO Size: 10.00Cr.

Subscribed: 8.21x

Merchant Banker(s):
Finshore Management Services
IPO Information

KCK Industries

Chandigarh   |   Textiles

Listing Date: 8 July 2022

IPO Size: 4.50Cr.

Subscribed: 5.91x

Merchant Banker(s):
Navigant Corporate Advisors
IPO Information

Pearl Green Clubs and Resorts

Ahmedabad   |   Agro - Food Products

Listing Date: 7 July 2022

IPO Size: 11.72Cr.

Subscribed: 1.56x

Merchant Banker(s):
Fast Track Finsec Private
IPO Information

Nanavati Ventures limited

Navsari   |   Jewellery

Listing Date: 6 May 2022

IPO Size: 2.18Cr.

Subscribed: 32.52x

Merchant Banker(s):
First Overseas Capital
IPO Information

Fone4 Communications (India)

Ernakulam   |   E-Commerce

Listing Date: 6 May 2022

IPO Size: 6.80Cr.

Subscribed: 14.75x

Merchant Banker(s):
Finshore Management Services
IPO Information

Swaraj Suiting

Bhilwara   |   Textiles

Listing Date: 28 March 2022

IPO Size: 10.68Cr.

Subscribed: 12.13x

Merchant Banker(s):
Finshore Management Services
IPO Information

Shigan Quantum Technologies

New Delhi   |   Engineering - Automotive

Listing Date: 11 March 2022

IPO Size: 22.70Cr.

Subscribed: 17.95x

Merchant Banker(s):
Finshore Management Services
IPO Information

Safa Systems & Technologies

Ernakulam   |   Electric Equipments

Listing Date: 9 February 2022

IPO Size: 4.00Cr.

Subscribed: 52.71x

Merchant Banker(s):
Finshore Management Services
IPO Information

Dj Mediaprint & Logistics

Mumbai   |   Logistics

Listing Date: 31 January 2022

IPO Size: 15.00Cr.

Subscribed: 9.91x

Merchant Banker(s):
Finshore Management Services
IPO Information

Timescan Logistics (India)

Egmore   |   Logistics

Listing Date: 12 January 2022

IPO Size: 4.81Cr.

Subscribed: 115.86x

Merchant Banker(s):
Finshore Management Services
IPO Information

DK Enterprises Global

Panchkula   |   Packaging & Disposables

Listing Date: 22 October 2021

IPO Size: 7.99Cr.

Subscribed: 12.50x

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

Dynamic Services & Security

Kolkata   |   Human Resources and Manpower

Listing Date: 13 October 2021

IPO Size: 24.13Cr.

Subscribed: 1.94x

Merchant Banker(s):
Finshore Management Services
IPO Information

Destiny Logistics & Infra

Kolkata   |   Logistics

Listing Date: 13 October 2021

IPO Size: 5.39Cr.

Subscribed: 4.78x

Merchant Banker(s):
Finshore Management Services
IPO Information

Promax Power

Chandigarh   |   Engineering

Listing Date: 12 October 2021

IPO Size: 1.60Cr.

Subscribed: 6.89x

Merchant Banker(s):
Finshore Management Services
IPO Information

SBL Infratech

New Delhi   |   Real Estate - Broking

Listing Date: 28 September 2021

IPO Size: 2.37Cr.

Subscribed: 1.56x

Merchant Banker(s):
Fast Track Finsec Private
IPO Information

Walpar Nutritions

Gandhinagar   |   Healthcare - Ayurvedic

Listing Date: 13 July 2021

IPO Size: 6.60Cr.

Subscribed: 9.48x

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

Focus Business Solution

Surat   |   Banking and Finance - FinTech

Listing Date: 13 July 2021

IPO Size: 1.22Cr.

Subscribed: 6.66x

Merchant Banker(s):
Navigant Corporate Advisors
IPO Information

Abhishek Integrations

Ahmedabad   |   Human Resources and Manpower

Listing Date: 21 June 2021

IPO Size: 4.95Cr.

Subscribed: 10.50x

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

Sigma Solve

Ahmedabad   |   Information Technology - Data Solutions

Listing Date: 19 October 2020

IPO Size: 4.95Cr.

Subscribed: 1.59x

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

DJ Mediaprint & Logistics

Mumbai   |   Logistics

Listing Date: 13 April 2020

IPO Size: 2.40Cr.

Subscribed: 1.83x

Merchant Banker(s):
Finshore Management Services
IPO Information

Tranway Technologies Ltd

Bangalore   |   Outsourcing

Listing Date: 5 February 2020

IPO Size: 4.24Cr.

Subscribed: 1.98x

Merchant Banker(s):
Finshore Management Services
IPO Information

Alphalogic Techsys Ltd

Pune   |   Information Technology - Data Solutions

Listing Date: 5 September 2019

IPO Size: 6.18Cr.

Subscribed: 1.18x

Merchant Banker(s):
Finshore Management Services
IPO Information

SBC Exports

Mirzapur   |   Textiles

Listing Date: 4 July 2019

IPO Size: 6.56Cr.

Subscribed: 1.36x

Merchant Banker(s):
Navigant Corporate Advisors
IPO Information

KHFM Hospitality and Facility Management Services Ltd

Mumbai   |   Corporate Solutions

Listing Date: 12 April 2019

IPO Size: 10.62Cr.

Subscribed: 1.34x

Merchant Banker(s):
Bonanza Portfolio
IPO Information

Jonjua Overseas

Mohali   |   Outsourcing

Listing Date: 25 February 2019

IPO Size: 1.30Cr.

Subscribed: 1.17x

Merchant Banker(s):
Finshore Management Services
IPO Information

Diksha Greens

Kolkata   |   Furniture

Listing Date: 5 December 2018

IPO Size: 13.32Cr.

Subscribed: 1.07x

Merchant Banker(s):
Finshore Management Services
IPO Information

Lorenzini Apparels

New Delhi   |   Textiles

Listing Date: 15 February 2018

IPO Size: 4.47Cr.

Subscribed: 1.71x

Merchant Banker(s):
Fedex Securities 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 →
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 →
Guiness Securities Limited

No. of SME IPO: 43

Total IPO Size: ₹ 489.54 Cr.

IPOs in Gain: 18
(based on CMP)

Detailed Review →

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