Company Name	IPO Year (Listed)	IPO Size (Cr.)	PE Ratio
Dhanlaxmi Crop Science Limited	16 Dec 2024	23.80	5.47
Travels & Rentals Limited	05 Sep 2024	12.24	15.11
Solve Plastic Products	21 Aug 2024	11.85	28.12
Sylvan Plyboard (India) Limited	01 Jul 2024	28.05	17.84
Mayank Cattle Food Limited	05 Feb 2024	19.44	33.89
HRH Next Services Limited	03 Jan 2024	9.57	10.99
Presstonic Engineering Limited	18 Dec 2023	23.30	18.23
Holmarc Opto-Mechatronics Limited	25 Sep 2023	11.40	11.30
Alphalogic Industries Limited	14 Jul 2023	12.88	22.30
ITCONS E-Solutions Limited	13 Mar 2023	8.67	12.09
Indong Tea Company Limited	21 Feb 2023	13.01	9.52
Arham Technologies Limited	15 Dec 2022	9.58	13.82
AMBO Agritec Limited	02 Dec 2022	10.20	14.22
Containe Technologies Limited	30 Sep 2022	2.62	214.00
Mega Flex Plastics Limited	19 Sep 2022	11.40	16.19
Naturo Indiabull Limited	02 Sep 2022	10.92	28.03
Upsurge Seeds of Agriculture Limited	11 Aug 2022	22.81	21.35
Agni Green Power Limited	01 Aug 2022	5.25	250.00
Healthy Life Agritec Limited	26 Jul 2022	10.00	26.31
Scarnose International Limited	27 Jun 2022	6.60	51.89
Fone4 Communications (India) Limited	06 May 2022	6.80	0.00
Swaraj Suiting Limited	28 Mar 2022	10.68	10.55
Shigan Quantum Technologies Limited	11 Mar 2022	22.70	12.41
Safa Systems & Technologies Limited	09 Feb 2022	4.00	29.41
Dj Mediaprint & Logistics Limited	31 Jan 2022	15.00	32.22
Timescan Logistics (India) Limited	12 Jan 2022	4.81	10.87
Dynamic Services & Security Limited	13 Oct 2021	24.13	66.23
Destiny Logistics & Infra Limited	13 Oct 2021	5.39	51.28
Promax Power Limited	12 Oct 2021	1.60	33.33
DJ Mediaprint & Logistics Limited	13 Apr 2020	2.40	8.50
ICL Organic Dairy Products Limited	17 Feb 2020	4.08	80.00
Tranway Technologies Ltd	05 Feb 2020	4.24	90.00
Alphalogic Techsys Ltd	05 Sep 2019	6.18	10.66
SK International Export Limited	15 Jul 2019	3.96	31.00
White Organic Retail Limited	10 May 2019	15.46	5.71
Northern Spirits Limited	04 Apr 2019	18.50	12.54
Mahip Industries Limited	12 Mar 2019	16.63	10.00
Jonjua Overseas Limited	25 Feb 2019	1.30	250.00
Shankar Lal Rampal Dye-Chem Limited	24 Dec 2018	7.29	4.00
Diksha Greens Limited	05 Dec 2018	13.32	36.00
Shree Krishna Infrastructure Limited	03 Dec 2018	1.17	433.00
AKI India Limited	12 Oct 2018	3.08	10.00
Powerful Technologies Limited	28 Aug 2018	13.55	11.00
Sungold Media and Entertainment Limited	27 Aug 2018	1.35	1515.00
East India Securities Limited	13 Mar 2018	92.74	9.00

Company Name	IPO Year (Listed)	Offer Price	Listing Price	Listing Gain (%)
Dhanlaxmi Crop Science Limited	16 Dec 2024	55.00	109.70	99.45
Travels & Rentals Limited	05 Sep 2024	40.00	57.75	44.38
Solve Plastic Products	21 Aug 2024	91.00	107.10	17.69
Sylvan Plyboard (India) Limited	01 Jul 2024	55.00	69.30	26.00
Mayank Cattle Food Limited	05 Feb 2024	108.00	119.95	11.06
HRH Next Services Limited	03 Jan 2024	36.00	43.05	19.58
Presstonic Engineering Limited	18 Dec 2023	72.00	147.00	104.17
Holmarc Opto-Mechatronics Limited	25 Sep 2023	40.00	68.50	71.25
Alphalogic Industries Limited	14 Jul 2023	96.00	96.29	0.30
Arham Technologies Limited	15 Dec 2022	42.00	63.00	50.00
AMBO Agritec Limited	02 Dec 2022	30.00	42.10	40.33
Containe Technologies Limited	30 Sep 2022	15.00	23.10	54.00
Mega Flex Plastics Limited	19 Sep 2022	40.00	56.70	41.75
Upsurge Seeds of Agriculture Limited	11 Aug 2022	120.00	147.00	22.50
Agni Green Power Limited	01 Aug 2022	10.00	26.25	162.50
Scarnose International Limited	27 Jun 2022	55.00	56.05	1.91
Shigan Quantum Technologies Limited	11 Mar 2022	50.00	64.05	28.10
Safa Systems & Technologies Limited	09 Feb 2022	10.00	15.73	57.30
Dj Mediaprint & Logistics Limited	31 Jan 2022	125.00	241.70	93.36
Timescan Logistics (India) Limited	12 Jan 2022	51.00	86.10	68.82
Dynamic Services & Security Limited	13 Oct 2021	51.00	53.55	5.00
Promax Power Limited	12 Oct 2021	10.00	11.50	15.00
DJ Mediaprint & Logistics Limited	13 Apr 2020	20.00	20.80	4.00
ICL Organic Dairy Products Limited	17 Feb 2020	20.00	21.80	9.00
Tranway Technologies Ltd	05 Feb 2020	10.00	11.65	16.50
Alphalogic Techsys Ltd	05 Sep 2019	84.00	84.35	0.42
White Organic Retail Limited	10 May 2019	63.00	64.30	2.06
Northern Spirits Limited	04 Apr 2019	43.00	43.10	0.23
Mahip Industries Limited	12 Mar 2019	32.00	33.60	5.00
Jonjua Overseas Limited	25 Feb 2019	10.00	11.40	14.00
Shankar Lal Rampal Dye-Chem Limited	24 Dec 2018	45.00	46.80	4.00
Diksha Greens Limited	05 Dec 2018	30.00	35.90	19.67
AKI India Limited	12 Oct 2018	11.00	11.55	5.00
East India Securities Limited	13 Mar 2018	920.00	930.00	1.09

Company Name	IPO Year (Listed)	Offer Price	Listing Price	Listing Gain (%)
ITCONS E-Solutions Limited	13 Mar 2023	51.00	46.99	-7.86
Indong Tea Company Limited	21 Feb 2023	26.00	20.80	-20.00
Naturo Indiabull Limited	02 Sep 2022	30.00	26.25	-12.50
Healthy Life Agritec Limited	26 Jul 2022	10.00	9.34	-6.60
Fone4 Communications (India) Limited	06 May 2022	10.00	9.50	-5.00
Swaraj Suiting Limited	28 Mar 2022	56.00	53.20	-5.00
Destiny Logistics & Infra Limited	13 Oct 2021	20.00	19.70	-1.50
SK International Export Limited	15 Jul 2019	20.00	20.00	0.00
Shree Krishna Infrastructure Limited	03 Dec 2018	13.00	12.35	-5.00
Powerful Technologies Limited	28 Aug 2018	51.00	45.60	-10.59
Sungold Media and Entertainment Limited	27 Aug 2018	10.00	9.71	-2.90

Company Name	IPO Year (Listed)	Subscription	IPO Size (Cr.)	Listing Gain (%)
Indong Tea Company Limited	21 Feb 2023	4.97	13.01	-20.00
Scarnose International Limited	27 Jun 2022	2.22	6.60	1.91
Dynamic Services & Security Limited	13 Oct 2021	1.94	24.13	5.00
Destiny Logistics & Infra Limited	13 Oct 2021	4.78	5.39	-1.50
DJ Mediaprint & Logistics Limited	13 Apr 2020	1.83	2.40	4.00
ICL Organic Dairy Products Limited	17 Feb 2020	3.08	4.08	9.00
Tranway Technologies Ltd	05 Feb 2020	1.98	4.24	16.50
Alphalogic Techsys Ltd	05 Sep 2019	1.18	6.18	0.42
SK International Export Limited	15 Jul 2019	1.26	3.96	0.00
White Organic Retail Limited	10 May 2019	1.36	15.46	2.06
Northern Spirits Limited	04 Apr 2019	1.30	18.50	0.23
Mahip Industries Limited	12 Mar 2019	1.54	16.63	5.00
Jonjua Overseas Limited	25 Feb 2019	1.17	1.30	14.00
Shankar Lal Rampal Dye-Chem Limited	24 Dec 2018	1.30	7.29	4.00
Diksha Greens Limited	05 Dec 2018	1.07	13.32	19.67
Shree Krishna Infrastructure Limited	03 Dec 2018	2.94	1.17	-5.00
AKI India Limited	12 Oct 2018	1.56	3.08	5.00
Powerful Technologies Limited	28 Aug 2018	1.30	13.55	-10.59
Sungold Media and Entertainment Limited	27 Aug 2018	2.02	1.35	-2.90
East India Securities Limited	13 Mar 2018		92.74	1.09

Company Name	IPO Year (Listed)	Subscription	IPO Size (Cr.)	Listing Gain (%)
Mayank Cattle Food Limited	05 Feb 2024	8.83	19.44	11.06
Alphalogic Industries Limited	14 Jul 2023	5.34	12.88	0.30
ITCONS E-Solutions Limited	13 Mar 2023	16.79	8.67	-7.86
Naturo Indiabull Limited	02 Sep 2022	20.26	10.92	-12.50
Healthy Life Agritec Limited	26 Jul 2022	8.21	10.00	-6.60
Fone4 Communications (India) Limited	06 May 2022	14.75	6.80	-5.00
Swaraj Suiting Limited	28 Mar 2022	12.13	10.68	-5.00
Shigan Quantum Technologies Limited	11 Mar 2022	17.95	22.70	28.10
Dj Mediaprint & Logistics Limited	31 Jan 2022	9.91	15.00	93.36
Promax Power Limited	12 Oct 2021	6.89	1.60	15.00

Company Name	IPO Year (Listed)	Subscription	IPO Size (Cr.)	Listing Gain (%)
Solve Plastic Products	21 Aug 2024	34.23	11.85	17.69
Mega Flex Plastics Limited	19 Sep 2022	46.31	11.40	41.75

Company Name	IPO Year (Listed)	Subscription	IPO Size (Cr.)	Listing Gain (%)
Sylvan Plyboard (India) Limited	01 Jul 2024	84.03	28.05	26.00
HRH Next Services Limited	03 Jan 2024	66.29	9.57	19.58
Holmarc Opto-Mechatronics Limited	25 Sep 2023	85.81	11.40	71.25
Upsurge Seeds of Agriculture Limited	11 Aug 2022	80.50	22.81	22.50
Agni Green Power Limited	01 Aug 2022	73.66	5.25	162.50
Safa Systems & Technologies Limited	09 Feb 2022	52.71	4.00	57.30

Company Name	IPO Year (Listed)	Subscription	IPO Size (Cr.)	Listing Gain (%)
Dhanlaxmi Crop Science Limited	16 Dec 2024	555.83	23.80	99.45
Travels & Rentals Limited	05 Sep 2024	608.46	12.24	44.38
Presstonic Engineering Limited	18 Dec 2023	168.25	23.30	104.17
Arham Technologies Limited	15 Dec 2022	450.03	9.58	50.00
AMBO Agritec Limited	02 Dec 2022	336.75	10.20	40.33
Containe Technologies Limited	30 Sep 2022	121.31	2.62	54.00
Timescan Logistics (India) Limited	12 Jan 2022	115.86	4.81	68.82

Company Name	IPO Year (Listed)	Subscription	IPO Size (Cr.)	Listing Gain (%)
East India Securities Limited	13 Mar 2018		92.74	1.09

Company Name	IPO Year (Listed)	Issue size	PE Ratio	Listing Gain (%)
Containe Technologies Limited	30 Sep 2022	Very Small (< 5 Cr)	214.00	54.00
Safa Systems & Technologies Limited	09 Feb 2022	Very Small (< 5 Cr)	29.41	57.30
Timescan Logistics (India) Limited	12 Jan 2022	Very Small (< 5 Cr)	10.87	68.82
Promax Power Limited	12 Oct 2021	Very Small (< 5 Cr)	33.33	15.00
DJ Mediaprint & Logistics Limited	13 Apr 2020	Very Small (< 5 Cr)	8.50	4.00
ICL Organic Dairy Products Limited	17 Feb 2020	Very Small (< 5 Cr)	80.00	9.00
Tranway Technologies Ltd	05 Feb 2020	Very Small (< 5 Cr)	90.00	16.50
SK International Export Limited	15 Jul 2019	Very Small (< 5 Cr)	31.00	0.00
Jonjua Overseas Limited	25 Feb 2019	Very Small (< 5 Cr)	250.00	14.00
Shree Krishna Infrastructure Limited	03 Dec 2018	Very Small (< 5 Cr)	433.00	-5.00
AKI India Limited	12 Oct 2018	Very Small (< 5 Cr)	10.00	5.00
Sungold Media and Entertainment Limited	27 Aug 2018	Very Small (< 5 Cr)	1515.00	-2.90

Company Name	IPO Year (Listed)	Issue size	PE Ratio	Listing Gain (%)
HRH Next Services Limited	03 Jan 2024	Small (5-10 Cr)	10.99	19.58
ITCONS E-Solutions Limited	13 Mar 2023	Small (5-10 Cr)	12.09	-7.86
Arham Technologies Limited	15 Dec 2022	Small (5-10 Cr)	13.82	50.00
Agni Green Power Limited	01 Aug 2022	Small (5-10 Cr)	250.00	162.50
Healthy Life Agritec Limited	26 Jul 2022	Small (5-10 Cr)	26.31	-6.60
Scarnose International Limited	27 Jun 2022	Small (5-10 Cr)	51.89	1.91
Fone4 Communications (India) Limited	06 May 2022	Small (5-10 Cr)	0.00	-5.00
Destiny Logistics & Infra Limited	13 Oct 2021	Small (5-10 Cr)	51.28	-1.50
Alphalogic Techsys Ltd	05 Sep 2019	Small (5-10 Cr)	10.66	0.42
Shankar Lal Rampal Dye-Chem Limited	24 Dec 2018	Small (5-10 Cr)	4.00	4.00

Company Name	IPO Year (Listed)	Issue size	PE Ratio	Listing Gain(%)
Dhanlaxmi Crop Science Limited	16 Dec 2024	Medium (10-25 Cr)	5.47	99.45
Travels & Rentals Limited	05 Sep 2024	Medium (10-25 Cr)	15.11	44.38
Solve Plastic Products	21 Aug 2024	Medium (10-25 Cr)	28.12	17.69
Mayank Cattle Food Limited	05 Feb 2024	Medium (10-25 Cr)	33.89	11.06
Presstonic Engineering Limited	18 Dec 2023	Medium (10-25 Cr)	18.23	104.17
Holmarc Opto-Mechatronics Limited	25 Sep 2023	Medium (10-25 Cr)	11.30	71.25
Alphalogic Industries Limited	14 Jul 2023	Medium (10-25 Cr)	22.30	0.30
Indong Tea Company Limited	21 Feb 2023	Medium (10-25 Cr)	9.52	-20.00
AMBO Agritec Limited	02 Dec 2022	Medium (10-25 Cr)	14.22	40.33
Mega Flex Plastics Limited	19 Sep 2022	Medium (10-25 Cr)	16.19	41.75
Naturo Indiabull Limited	02 Sep 2022	Medium (10-25 Cr)	28.03	-12.50
Upsurge Seeds of Agriculture Limited	11 Aug 2022	Medium (10-25 Cr)	21.35	22.50
Swaraj Suiting Limited	28 Mar 2022	Medium (10-25 Cr)	10.55	-5.00
Shigan Quantum Technologies Limited	11 Mar 2022	Medium (10-25 Cr)	12.41	28.10
Dj Mediaprint & Logistics Limited	31 Jan 2022	Medium (10-25 Cr)	32.22	93.36
Dynamic Services & Security Limited	13 Oct 2021	Medium (10-25 Cr)	66.23	5.00
White Organic Retail Limited	10 May 2019	Medium (10-25 Cr)	5.71	2.06
Northern Spirits Limited	04 Apr 2019	Medium (10-25 Cr)	12.54	0.23
Mahip Industries Limited	12 Mar 2019	Medium (10-25 Cr)	10.00	5.00
Diksha Greens Limited	05 Dec 2018	Medium (10-25 Cr)	36.00	19.67
Powerful Technologies Limited	28 Aug 2018	Medium (10-25 Cr)	11.00	-10.59

Company Name	IPO Year (Listed)	Issue size	PE Ratio	Listing Gain (%)
Sylvan Plyboard (India) Limited	01 Jul 2024	Large (25-50 Cr)	17.84	26.00

Company Name	IPO Year (Listed)	Issue size	PE Ratio	Listing Gain (%)
East India Securities Limited	13 Mar 2018	Very Large (>50 Cr)	9.00	1.09

Company Name	IPO Year (Listed)	Subscription	PE Ratio	Listing Gain (%)
Dhanlaxmi Crop Science Limited	16 Dec 2024	555.83	5.47	99.45
Indong Tea Company Limited	21 Feb 2023	4.97	9.52	-20.00
DJ Mediaprint & Logistics Limited	13 Apr 2020	1.83	8.50	4.00
White Organic Retail Limited	10 May 2019	1.36	5.71	2.06
Mahip Industries Limited	12 Mar 2019	1.54	10.00	5.00
Shankar Lal Rampal Dye-Chem Limited	24 Dec 2018	1.30	4.00	4.00
AKI India Limited	12 Oct 2018	1.56	10.00	5.00
East India Securities Limited	13 Mar 2018		9.00	1.09

Company Name	IPO Year (Listed)	Subscription	PE Ratio	Listing Gain (%)
Travels & Rentals Limited	05 Sep 2024	608.46	15.11	44.38
Sylvan Plyboard (India) Limited	01 Jul 2024	84.03	17.84	26.00
HRH Next Services Limited	03 Jan 2024	66.29	10.99	19.58
Presstonic Engineering Limited	18 Dec 2023	168.25	18.23	104.17
Holmarc Opto-Mechatronics Limited	25 Sep 2023	85.81	11.30	71.25
ITCONS E-Solutions Limited	13 Mar 2023	16.79	12.09	-7.86
Arham Technologies Limited	15 Dec 2022	450.03	13.82	50.00
AMBO Agritec Limited	02 Dec 2022	336.75	14.22	40.33
Mega Flex Plastics Limited	19 Sep 2022	46.31	16.19	41.75
Swaraj Suiting Limited	28 Mar 2022	12.13	10.55	-5.00
Shigan Quantum Technologies Limited	11 Mar 2022	17.95	12.41	28.10
Timescan Logistics (India) Limited	12 Jan 2022	115.86	10.87	68.82
Alphalogic Techsys Ltd	05 Sep 2019	1.18	10.66	0.42
Northern Spirits Limited	04 Apr 2019	1.30	12.54	0.23
Powerful Technologies Limited	28 Aug 2018	1.30	11.00	-10.59

Company Name	IPO Year (Listed)	Subscription	PE Ratio	Listing Gain (%)
Solve Plastic Products	21 Aug 2024	34.23	28.12	17.69
Alphalogic Industries Limited	14 Jul 2023	5.34	22.30	0.30
Naturo Indiabull Limited	02 Sep 2022	20.26	28.03	-12.50
Upsurge Seeds of Agriculture Limited	11 Aug 2022	80.50	21.35	22.50
Healthy Life Agritec Limited	26 Jul 2022	8.21	26.31	-6.60
Safa Systems & Technologies Limited	09 Feb 2022	52.71	29.41	57.30

Company Name	IPO Year (Listed)	Subscription	PE Ratio	Listing Gain (%)
Mayank Cattle Food Limited	05 Feb 2024	8.83	33.89	11.06
Dj Mediaprint & Logistics Limited	31 Jan 2022	9.91	32.22	93.36
Promax Power Limited	12 Oct 2021	6.89	33.33	15.00
SK International Export Limited	15 Jul 2019	1.26	31.00	0.00
Diksha Greens Limited	05 Dec 2018	1.07	36.00	19.67

Company Name	IPO Year (Listed)	Subscription	PE Ratio	Listing Gain (%)
Containe Technologies Limited	30 Sep 2022	121.31	214.00	54.00
Agni Green Power Limited	01 Aug 2022	73.66	250.00	162.50
Scarnose International Limited	27 Jun 2022	2.22	51.89	1.91
Dynamic Services & Security Limited	13 Oct 2021	1.94	66.23	5.00
Destiny Logistics & Infra Limited	13 Oct 2021	4.78	51.28	-1.50
ICL Organic Dairy Products Limited	17 Feb 2020	3.08	80.00	9.00
Tranway Technologies Ltd	05 Feb 2020	1.98	90.00	16.50
Jonjua Overseas Limited	25 Feb 2019	1.17	250.00	14.00
Shree Krishna Infrastructure Limited	03 Dec 2018	2.94	433.00	-5.00
Sungold Media and Entertainment Limited	27 Aug 2018	2.02	1515.00	-2.90

Company Name	IPO Year (Listed)	Subscription	PE Ratio	Listing Gain (%)
Fone4 Communications (India) Limited	06 May 2022	14.75	0.00	-5.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Dhanlaxmi Crop Science Limited	16 Dec 2024	Himmatnagar	Agro	23.80	5.47
Mayank Cattle Food Limited	05 Feb 2024	Rajkot	Agro	19.44	33.89
White Organic Retail Limited	10 May 2019	Mumbai	Agro	15.46	5.71

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
AMBO Agritec Limited	02 Dec 2022	Kolkata	Agro - Food Products	10.20	14.22
Upsurge Seeds of Agriculture Limited	11 Aug 2022	Rajkot	Agro - Food Products	22.81	21.35
ICL Organic Dairy Products Limited	17 Feb 2020	New Delhi	Agro - Food Products	4.08	80.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
East India Securities Limited	13 Mar 2018	Kolkata	Banking and Finance	92.74	9.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Shankar Lal Rampal Dye-Chem Limited	24 Dec 2018	Bhilwara	Chemical	7.29	4.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Fone4 Communications (India) Limited	06 May 2022	Ernakulam	E-Commerce	6.80	0.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Safa Systems & Technologies Limited	09 Feb 2022	Ernakulam	Electric Equipments	4.00	29.41
Powerful Technologies Limited	28 Aug 2018	New Delhi	Electric Equipments	13.55	11.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Arham Technologies Limited	15 Dec 2022	Raipur	Electric Equipments - OEM	9.58	13.82

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Holmarc Opto-Mechatronics Limited	25 Sep 2023	Ernakulam	Engineering	11.40	11.30
Promax Power Limited	12 Oct 2021	Chandigarh	Engineering	1.60	33.33

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Containe Technologies Limited	30 Sep 2022	Hyderabad	Engineering - Automotive	2.62	214.00
Shigan Quantum Technologies Limited	11 Mar 2022	New Delhi	Engineering - Automotive	22.70	12.41

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Presstonic Engineering Limited	18 Dec 2023	Bangalore	Engineering - EPC	23.30	18.23

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Naturo Indiabull Limited	02 Sep 2022	Jaipur	FMCG	10.92	28.03
Healthy Life Agritec Limited	26 Jul 2022	Mumbai	FMCG	10.00	26.31

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Sylvan Plyboard (India) Limited	01 Jul 2024	Kolkata	Furniture	28.05	17.84
Diksha Greens Limited	05 Dec 2018	Kolkata	Furniture	13.32	36.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Alphalogic Industries Limited	14 Jul 2023	Pune	Furniture - Industrial Storage	12.88	22.30

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
ITCONS E-Solutions Limited	13 Mar 2023	New Delhi	Human Resources and Manpower	8.67	12.09
Dynamic Services & Security Limited	13 Oct 2021	Kolkata	Human Resources and Manpower	24.13	66.23

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Alphalogic Techsys Ltd	05 Sep 2019	Pune	Information Technology - Data Solutions	6.18	10.66
Sungold Media and Entertainment Limited	27 Aug 2018	Narmada	Information Technology - Data Solutions	1.35	1515.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Shree Krishna Infrastructure Limited	03 Dec 2018	Narmada	Infrastructure	1.17	433.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Dj Mediaprint & Logistics Limited	31 Jan 2022	Mumbai	Logistics	15.00	32.22
Timescan Logistics (India) Limited	12 Jan 2022	Egmore	Logistics	4.81	10.87
Destiny Logistics & Infra Limited	13 Oct 2021	Kolkata	Logistics	5.39	51.28
DJ Mediaprint & Logistics Limited	13 Apr 2020	Mumbai	Logistics	2.40	8.50

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Tranway Technologies Ltd	05 Feb 2020	Bangalore	Outsourcing	4.24	90.00
Jonjua Overseas Limited	25 Feb 2019	Mohali	Outsourcing	1.30	250.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
HRH Next Services Limited	03 Jan 2024	Hyderabad	Outsourcing - BPO	9.57	10.99

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Mega Flex Plastics Limited	19 Sep 2022	Kolkata	Packaging & Disposables	11.40	16.19
Mahip Industries Limited	12 Mar 2019	Ahmedabad	Packaging & Disposables	16.63	10.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Solve Plastic Products	21 Aug 2024	Kollam	Plastic and Polymer	11.85	28.12

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Northern Spirits Limited	04 Apr 2019	Kolkata	Retail	18.50	12.54
AKI India Limited	12 Oct 2018	Kanpur	Retail	3.08	10.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Agni Green Power Limited	01 Aug 2022	Kolkata	Solar	5.25	250.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Indong Tea Company Limited	21 Feb 2023	Kolkata	Tea and Coffee	13.01	9.52

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Scarnose International Limited	27 Jun 2022	Ahmedabad	Textiles	6.60	51.89
Swaraj Suiting Limited	28 Mar 2022	Bhilwara	Textiles	10.68	10.55
SK International Export Limited	15 Jul 2019	Mumbai	Textiles	3.96	31.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Travels & Rentals Limited	05 Sep 2024	Kolkata	Travel and Tourism	12.24	15.11

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Scarnose International Limited	27 Jun 2022	Ahmedabad	Textiles	6.60	51.89
Mahip Industries Limited	12 Mar 2019	Ahmedabad	Packaging & Disposables	16.63	10.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Presstonic Engineering Limited	18 Dec 2023	Bangalore	Engineering - EPC	23.30	18.23
Tranway Technologies Ltd	05 Feb 2020	Bangalore	Outsourcing	4.24	90.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Swaraj Suiting Limited	28 Mar 2022	Bhilwara	Textiles	10.68	10.55
Shankar Lal Rampal Dye-Chem Limited	24 Dec 2018	Bhilwara	Chemical	7.29	4.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Promax Power Limited	12 Oct 2021	Chandigarh	Engineering	1.60	33.33

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Timescan Logistics (India) Limited	12 Jan 2022	Egmore	Logistics	4.81	10.87

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Holmarc Opto-Mechatronics Limited	25 Sep 2023	Ernakulam	Engineering	11.40	11.30
Fone4 Communications (India) Limited	06 May 2022	Ernakulam	E-Commerce	6.80	0.00
Safa Systems & Technologies Limited	09 Feb 2022	Ernakulam	Electric Equipments	4.00	29.41

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Dhanlaxmi Crop Science Limited	16 Dec 2024	Himmatnagar	Agro	23.80	5.47

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
HRH Next Services Limited	03 Jan 2024	Hyderabad	Outsourcing - BPO	9.57	10.99
Containe Technologies Limited	30 Sep 2022	Hyderabad	Engineering - Automotive	2.62	214.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Naturo Indiabull Limited	02 Sep 2022	Jaipur	FMCG	10.92	28.03

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
AKI India Limited	12 Oct 2018	Kanpur	Retail	3.08	10.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Travels & Rentals Limited	05 Sep 2024	Kolkata	Travel and Tourism	12.24	15.11
Sylvan Plyboard (India) Limited	01 Jul 2024	Kolkata	Furniture	28.05	17.84
Indong Tea Company Limited	21 Feb 2023	Kolkata	Tea and Coffee	13.01	9.52
AMBO Agritec Limited	02 Dec 2022	Kolkata	Agro - Food Products	10.20	14.22
Mega Flex Plastics Limited	19 Sep 2022	Kolkata	Packaging & Disposables	11.40	16.19
Agni Green Power Limited	01 Aug 2022	Kolkata	Solar	5.25	250.00
Dynamic Services & Security Limited	13 Oct 2021	Kolkata	Human Resources and Manpower	24.13	66.23
Destiny Logistics & Infra Limited	13 Oct 2021	Kolkata	Logistics	5.39	51.28
Northern Spirits Limited	04 Apr 2019	Kolkata	Retail	18.50	12.54
Diksha Greens Limited	05 Dec 2018	Kolkata	Furniture	13.32	36.00
East India Securities Limited	13 Mar 2018	Kolkata	Banking and Finance	92.74	9.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Solve Plastic Products	21 Aug 2024	Kollam	Plastic and Polymer	11.85	28.12

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Jonjua Overseas Limited	25 Feb 2019	Mohali	Outsourcing	1.30	250.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Healthy Life Agritec Limited	26 Jul 2022	Mumbai	FMCG	10.00	26.31
Dj Mediaprint & Logistics Limited	31 Jan 2022	Mumbai	Logistics	15.00	32.22
DJ Mediaprint & Logistics Limited	13 Apr 2020	Mumbai	Logistics	2.40	8.50
SK International Export Limited	15 Jul 2019	Mumbai	Textiles	3.96	31.00
White Organic Retail Limited	10 May 2019	Mumbai	Agro	15.46	5.71

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Shree Krishna Infrastructure Limited	03 Dec 2018	Narmada	Infrastructure	1.17	433.00
Sungold Media and Entertainment Limited	27 Aug 2018	Narmada	Information Technology - Data Solutions	1.35	1515.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
ITCONS E-Solutions Limited	13 Mar 2023	New Delhi	Human Resources and Manpower	8.67	12.09
Shigan Quantum Technologies Limited	11 Mar 2022	New Delhi	Engineering - Automotive	22.70	12.41
ICL Organic Dairy Products Limited	17 Feb 2020	New Delhi	Agro - Food Products	4.08	80.00
Powerful Technologies Limited	28 Aug 2018	New Delhi	Electric Equipments	13.55	11.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Alphalogic Industries Limited	14 Jul 2023	Pune	Furniture - Industrial Storage	12.88	22.30
Alphalogic Techsys Ltd	05 Sep 2019	Pune	Information Technology - Data Solutions	6.18	10.66

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Arham Technologies Limited	15 Dec 2022	Raipur	Electric Equipments - OEM	9.58	13.82

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Mayank Cattle Food Limited	05 Feb 2024	Rajkot	Agro	19.44	33.89
Upsurge Seeds of Agriculture Limited	11 Aug 2022	Rajkot	Agro - Food Products	22.81	21.35

Company Name	IPO Year (Listed)	Offer Price	CMP	Current Market Performance %
Dhanlaxmi Crop Science Limited	16 Dec 2024	55.00	104.25	89.5
Travels & Rentals Limited	05 Sep 2024	40.00	111.05	177.6
Sylvan Plyboard (India) Limited	01 Jul 2024	55.00	92.00	67.3
Mayank Cattle Food Limited	05 Feb 2024	108.00	250.00	131.5
HRH Next Services Limited	03 Jan 2024	36.00	114.70	218.6
Presstonic Engineering Limited	18 Dec 2023	72.00	99.65	38.4
Holmarc Opto-Mechatronics Limited	25 Sep 2023	40.00	170.00	325
Alphalogic Industries Limited	14 Jul 2023	96.00	215.00	124
ITCONS E-Solutions Limited	13 Mar 2023	51.00	676.00	1225.5
Indong Tea Company Limited	21 Feb 2023	26.00	30.14	15.9
Arham Technologies Limited	15 Dec 2022	42.00	138.95	230.8
AMBO Agritec Limited	02 Dec 2022	30.00	96.84	222.8
Containe Technologies Limited	30 Sep 2022	15.00	115.80	672
Mega Flex Plastics Limited	19 Sep 2022	40.00	58.25	45.6
Upsurge Seeds of Agriculture Limited	11 Aug 2022	120.00	222.00	85
Agni Green Power Limited	01 Aug 2022	10.00	45.90	359
Healthy Life Agritec Limited	26 Jul 2022	10.00	69.15	591.5
Scarnose International Limited	27 Jun 2022	55.00	175.00	218.2
Fone4 Communications (India) Limited	06 May 2022	10.00	15.23	52.3
Swaraj Suiting Limited	28 Mar 2022	56.00	246.00	339.3
Shigan Quantum Technologies Limited	11 Mar 2022	50.00	114.10	128.2
Safa Systems & Technologies Limited	09 Feb 2022	10.00	12.73	27.3
Dj Mediaprint & Logistics Limited	31 Jan 2022	125.00	196.11	56.9
Timescan Logistics (India) Limited	12 Jan 2022	51.00	68.80	34.9
Dynamic Services & Security Limited	13 Oct 2021	51.00	380.50	646.1
Destiny Logistics & Infra Limited	13 Oct 2021	20.00	160.05	700.3
Promax Power Limited	12 Oct 2021	10.00	42.34	323.4
DJ Mediaprint & Logistics Limited	13 Apr 2020	20.00	196.11	880.6
ICL Organic Dairy Products Limited	17 Feb 2020	20.00	39.71	98.6
Alphalogic Techsys Ltd	05 Sep 2019	84.00	137.05	63.2
Northern Spirits Limited	04 Apr 2019	43.00	240.70	459.8
Jonjua Overseas Limited	25 Feb 2019	10.00	10.49	4.9
Shankar Lal Rampal Dye-Chem Limited	24 Dec 2018	45.00	91.23	102.7
Shree Krishna Infrastructure Limited	03 Dec 2018	13.00	75.37	479.8
AKI India Limited	12 Oct 2018	11.00	15.71	42.8
Sungold Media and Entertainment Limited	27 Aug 2018	10.00	18.02	80.2
East India Securities Limited	13 Mar 2018	920.00	1320.00	43.5

Company Name	IPO Year (Listed)	Offer Price	CMP	Current Market Performance %
Solve Plastic Products	21 Aug 2024	91.00	46.10	-49.3
Naturo Indiabull Limited	02 Sep 2022	30.00	8.85	-70.5
Tranway Technologies Ltd	05 Feb 2020	10.00	8.01	-19.9
SK International Export Limited	15 Jul 2019	20.00	18.84	-5.8
White Organic Retail Limited	10 May 2019	63.00	4.33	-93.1
Mahip Industries Limited	12 Mar 2019	32.00	3.43	-89.3
Diksha Greens Limited	05 Dec 2018	30.00	5.50	-81.7
Powerful Technologies Limited	28 Aug 2018	51.00	1.95	-96.2

Company Name	IPO Year (Listed)	Listing Price	CMP	Current Market Performance %
Travels & Rentals Limited	05 Sep 2024	57.75	111.05	92.3
Sylvan Plyboard (India) Limited	01 Jul 2024	69.30	92.00	32.8
Mayank Cattle Food Limited	05 Feb 2024	119.95	250.00	108.4
HRH Next Services Limited	03 Jan 2024	43.05	114.70	166.4
Holmarc Opto-Mechatronics Limited	25 Sep 2023	68.50	170.00	148.2
Alphalogic Industries Limited	14 Jul 2023	96.29	215.00	123.3
ITCONS E-Solutions Limited	13 Mar 2023	46.99	676.00	1338.6
Indong Tea Company Limited	21 Feb 2023	20.80	30.14	44.9
Arham Technologies Limited	15 Dec 2022	63.00	138.95	120.6
AMBO Agritec Limited	02 Dec 2022	42.10	96.84	130
Containe Technologies Limited	30 Sep 2022	23.10	115.80	401.3
Mega Flex Plastics Limited	19 Sep 2022	56.70	58.25	2.7
Upsurge Seeds of Agriculture Limited	11 Aug 2022	147.00	222.00	51
Agni Green Power Limited	01 Aug 2022	26.25	45.90	74.9
Healthy Life Agritec Limited	26 Jul 2022	9.34	69.15	640.4
Scarnose International Limited	27 Jun 2022	56.05	175.00	212.2
Fone4 Communications (India) Limited	06 May 2022	9.50	15.23	60.3
Swaraj Suiting Limited	28 Mar 2022	53.20	246.00	362.4
Shigan Quantum Technologies Limited	11 Mar 2022	64.05	114.10	78.1
Dynamic Services & Security Limited	13 Oct 2021	53.55	380.50	610.6
Destiny Logistics & Infra Limited	13 Oct 2021	19.70	160.05	712.4
Promax Power Limited	12 Oct 2021	11.50	42.34	268.2
DJ Mediaprint & Logistics Limited	13 Apr 2020	20.80	196.11	842.8
ICL Organic Dairy Products Limited	17 Feb 2020	21.80	39.71	82.2
Alphalogic Techsys Ltd	05 Sep 2019	84.35	137.05	62.5
Northern Spirits Limited	04 Apr 2019	43.10	240.70	458.5
Shankar Lal Rampal Dye-Chem Limited	24 Dec 2018	46.80	91.23	94.9
Shree Krishna Infrastructure Limited	03 Dec 2018	12.35	75.37	510.3
AKI India Limited	12 Oct 2018	11.55	15.71	36
Sungold Media and Entertainment Limited	27 Aug 2018	9.71	18.02	85.6
East India Securities Limited	13 Mar 2018	930.00	1320.00	41.9

Company Name	IPO Year (Listed)	Listing Price	CMP	Current Market Performance %
Dhanlaxmi Crop Science Limited	16 Dec 2024	109.70	104.25	-5
Solve Plastic Products	21 Aug 2024	107.10	46.10	-57
Presstonic Engineering Limited	18 Dec 2023	147.00	99.65	-32.2
Naturo Indiabull Limited	02 Sep 2022	26.25	8.85	-66.3
Safa Systems & Technologies Limited	09 Feb 2022	15.73	12.73	-19.1
Dj Mediaprint & Logistics Limited	31 Jan 2022	241.70	196.11	-18.9
Timescan Logistics (India) Limited	12 Jan 2022	86.10	68.80	-20.1
Tranway Technologies Ltd	05 Feb 2020	11.65	8.01	-31.2
SK International Export Limited	15 Jul 2019	20.00	18.84	-5.8
White Organic Retail Limited	10 May 2019	64.30	4.33	-93.3
Mahip Industries Limited	12 Mar 2019	33.60	3.43	-89.8
Jonjua Overseas Limited	25 Feb 2019	11.40	10.49	-8
Diksha Greens Limited	05 Dec 2018	35.90	5.50	-84.7
Powerful Technologies Limited	28 Aug 2018	45.60	1.95	-95.7

Company Name	IPO Year (Listed)	Exchange	PE Ratio	IPO Size (Cr.)
Dhanlaxmi Crop Science Limited	16 Dec 2024	NSE EMERGE	5.47	23.80
Solve Plastic Products	21 Aug 2024	NSE EMERGE	28.12	11.85
Sylvan Plyboard (India) Limited	01 Jul 2024	NSE EMERGE	17.84	28.05
HRH Next Services Limited	03 Jan 2024	NSE EMERGE	10.99	9.57
Presstonic Engineering Limited	18 Dec 2023	NSE EMERGE	18.23	23.30
Holmarc Opto-Mechatronics Limited	25 Sep 2023	NSE EMERGE	11.30	11.40
Arham Technologies Limited	15 Dec 2022	NSE EMERGE	13.82	9.58
Mega Flex Plastics Limited	19 Sep 2022	NSE EMERGE	16.19	11.40
Upsurge Seeds of Agriculture Limited	11 Aug 2022	NSE EMERGE	21.35	22.81
Agni Green Power Limited	01 Aug 2022	NSE EMERGE	250.00	5.25
Swaraj Suiting Limited	28 Mar 2022	NSE EMERGE	10.55	10.68
Shigan Quantum Technologies Limited	11 Mar 2022	NSE EMERGE	12.41	22.70
Timescan Logistics (India) Limited	12 Jan 2022	NSE EMERGE	10.87	4.81
Dynamic Services & Security Limited	13 Oct 2021	NSE EMERGE	66.23	24.13
Destiny Logistics & Infra Limited	13 Oct 2021	NSE EMERGE	51.28	5.39
Powerful Technologies Limited	28 Aug 2018	NSE EMERGE	11.00	13.55

Company Name	IPO Year (Listed)	Exchange	PE Ratio	IPO Size (Cr.)
Travels & Rentals Limited	05 Sep 2024	BSE SME	15.11	12.24
Mayank Cattle Food Limited	05 Feb 2024	BSE SME	33.89	19.44
Alphalogic Industries Limited	14 Jul 2023	BSE SME	22.30	12.88
ITCONS E-Solutions Limited	13 Mar 2023	BSE SME	12.09	8.67
Indong Tea Company Limited	21 Feb 2023	BSE SME	9.52	13.01
AMBO Agritec Limited	02 Dec 2022	BSE SME	14.22	10.20
Containe Technologies Limited	30 Sep 2022	BSE SME	214.00	2.62
Naturo Indiabull Limited	02 Sep 2022	BSE SME	28.03	10.92
Healthy Life Agritec Limited	26 Jul 2022	BSE SME	26.31	10.00
Scarnose International Limited	27 Jun 2022	BSE SME	51.89	6.60
Fone4 Communications (India) Limited	06 May 2022	BSE SME	0.00	6.80
Safa Systems & Technologies Limited	09 Feb 2022	BSE SME	29.41	4.00
Dj Mediaprint & Logistics Limited	31 Jan 2022	BSE SME	32.22	15.00
Promax Power Limited	12 Oct 2021	BSE SME	33.33	1.60
DJ Mediaprint & Logistics Limited	13 Apr 2020	BSE SME	8.50	2.40
ICL Organic Dairy Products Limited	17 Feb 2020	BSE SME	80.00	4.08
Tranway Technologies Ltd	05 Feb 2020	BSE SME	90.00	4.24
Alphalogic Techsys Ltd	05 Sep 2019	BSE SME	10.66	6.18
SK International Export Limited	15 Jul 2019	BSE SME	31.00	3.96
White Organic Retail Limited	10 May 2019	BSE SME	5.71	15.46
Northern Spirits Limited	04 Apr 2019	BSE SME	12.54	18.50
Mahip Industries Limited	12 Mar 2019	BSE SME	10.00	16.63
Jonjua Overseas Limited	25 Feb 2019	BSE SME	250.00	1.30
Shankar Lal Rampal Dye-Chem Limited	24 Dec 2018	BSE SME	4.00	7.29
Diksha Greens Limited	05 Dec 2018	BSE SME	36.00	13.32
Shree Krishna Infrastructure Limited	03 Dec 2018	BSE SME	433.00	1.17
AKI India Limited	12 Oct 2018	BSE SME	10.00	3.08
Sungold Media and Entertainment Limited	27 Aug 2018	BSE SME	1515.00	1.35
East India Securities Limited	13 Mar 2018	BSE SME	9.00	92.74

Company Name	IPO Year (Listed)	IPO Size (Cr.)	Exchange	MIgration date
Dj Mediaprint & Logistics Limited	31 Jan 2022	15.00	BSE SME	-
DJ Mediaprint & Logistics Limited	13 Apr 2020	2.40	BSE SME	-
White Organic Retail Limited	10 May 2019	15.46	BSE SME	-
Shankar Lal Rampal Dye-Chem Limited	24 Dec 2018	7.29	BSE SME	-
AKI India Limited	12 Oct 2018	3.08	BSE SME	-

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Finshore Management Services Limited ★★★★☆

Finshore Management Services is a SEBI registered CAT I Merchant Banker located in Kolkata. They provide services in various areas of capital markets which include Merchant Banking Services, Corporate Finance, Valuation and Business Modelling and Transaction Advisory Services.

Incorporation Year 2011

City Kolkata

Website https://finshoregroup.com/

SME IPOs so far 45

SME IPOs listing on Exchange

NSE Emerge 16 (36%)

BSE SME 29 (64%)

SME IPOs by Listing

Gain 34 (76%)

Loss11 (24%)

Latest SME IPOs

Dhanlaxmi Crop Science Limited

Sector : Agro

Exchange : NSE EMERGE

Listing Date : 16 Dec 2024

IPO Size : 23.80 Cr.

Subscribed : 555.83 x

Listing Gain : 99.45 %

Travels & Rentals Limited

Sector : Travel and Tourism

Exchange : BSE SME

Listing Date : 05 Sep 2024

IPO Size : 12.24 Cr.

Subscribed : 608.46 x

Listing Gain : 44.38 %

Solve Plastic Products

Sector : Plastic and Polymer

Exchange : NSE EMERGE

Listing Date : 21 Aug 2024

IPO Size : 11.85 Cr.

Subscribed : 34.23 x

Listing Gain : 17.69 %

Sylvan Plyboard (India) Limited

Sector : Furniture

Exchange : NSE EMERGE

Listing Date : 01 Jul 2024

IPO Size : 28.05 Cr.

Subscribed : 84.03 x

Listing Gain : 26.00 %

Mayank Cattle Food Limited

Sector : Agro

Exchange : BSE SME

Listing Date : 05 Feb 2024

IPO Size : 19.44 Cr.

Subscribed : 8.83 x

Listing Gain : 11.06 %

HRH Next Services Limited

Sector : Outsourcing - BPO

Exchange : NSE EMERGE

Listing Date : 03 Jan 2024

IPO Size : 9.57 Cr.

Subscribed : 66.29 x

Listing Gain : 19.58 %

Presstonic Engineering Limited

Sector : Engineering - EPC

Exchange : NSE EMERGE

Listing Date : 18 Dec 2023

IPO Size : 23.30 Cr.

Subscribed : 168.25 x

Listing Gain : 104.17 %

Holmarc Opto-Mechatronics Limited

Sector : Engineering

Exchange : NSE EMERGE

Listing Date : 25 Sep 2023

IPO Size : 11.40 Cr.

Subscribed : 85.81 x

Listing Gain : 71.25 %

Alphalogic Industries Limited

Sector : Furniture - Industri

Exchange : BSE SME

Listing Date : 14 Jul 2023

IPO Size : 12.88 Cr.

Subscribed : 5.34 x

Listing Gain : 0.30 %

ITCONS E-Solutions Limited

Sector : Human Resources and

Exchange : BSE SME

Listing Date : 13 Mar 2023

IPO Size : 8.67 Cr.

Subscribed : 16.79 x

Listing Gain : -7.86 %

Indong Tea Company Limited

Sector : Tea and Coffee

Exchange : BSE SME

Listing Date : 21 Feb 2023

IPO Size : 13.01 Cr.

Subscribed : 4.97 x

Listing Gain : -20.00 %

Arham Technologies Limited

Sector : Electric Equipments

Exchange : NSE EMERGE

Listing Date : 15 Dec 2022

IPO Size : 9.58 Cr.

Subscribed : 450.03 x

Listing Gain : 50.00 %

AMBO Agritec Limited

Sector : Agro - Food Products

Exchange : BSE SME

Listing Date : 02 Dec 2022

IPO Size : 10.20 Cr.

Subscribed : 336.75 x

Listing Gain : 40.33 %

Containe Technologies Limited

Sector : Engineering - Automo

Exchange : BSE SME

Listing Date : 30 Sep 2022

IPO Size : 2.62 Cr.

Subscribed : 121.31 x

Listing Gain : 54.00 %

Mega Flex Plastics Limited

Sector : Packaging & Disposab

Exchange : NSE EMERGE

Listing Date : 19 Sep 2022

IPO Size : 11.40 Cr.

Subscribed : 46.31 x

Listing Gain : 41.75 %

Naturo Indiabull Limited

Sector : FMCG

Exchange : BSE SME

Listing Date : 02 Sep 2022

IPO Size : 10.92 Cr.

Subscribed : 20.26 x

Listing Gain : -12.50 %

Upsurge Seeds of Agriculture Limited

Sector : Agro - Food Products

Exchange : NSE EMERGE

Listing Date : 11 Aug 2022

IPO Size : 22.81 Cr.

Subscribed : 80.50 x

Listing Gain : 22.50 %

Agni Green Power Limited

Sector : Solar

Exchange : NSE EMERGE

Listing Date : 01 Aug 2022

IPO Size : 5.25 Cr.

Subscribed : 73.66 x

Listing Gain : 162.50 %

Healthy Life Agritec Limited

Sector : FMCG

Exchange : BSE SME

Listing Date : 26 Jul 2022

IPO Size : 10.00 Cr.

Subscribed : 8.21 x

Listing Gain : -6.60 %

Scarnose International Limited

Sector : Textiles

Exchange : BSE SME

Listing Date : 27 Jun 2022

IPO Size : 6.60 Cr.

Subscribed : 2.22 x

Listing Gain : 1.91 %

Fone4 Communications (India) Limited

Sector : E-Commerce

Exchange : BSE SME

Listing Date : 06 May 2022

IPO Size : 6.80 Cr.

Subscribed : 14.75 x

Listing Gain : -5.00 %

Swaraj Suiting Limited

Sector : Textiles

Exchange : NSE EMERGE

Listing Date : 28 Mar 2022

IPO Size : 10.68 Cr.

Subscribed : 12.13 x

Listing Gain : -5.00 %

Shigan Quantum Technologies Limited

Sector : Engineering - Automo

Exchange : NSE EMERGE

Listing Date : 11 Mar 2022

IPO Size : 22.70 Cr.

Subscribed : 17.95 x

Listing Gain : 28.10 %

Safa Systems & Technologies Limited

Sector : Electric Equipments

Exchange : BSE SME

Listing Date : 09 Feb 2022

IPO Size : 4.00 Cr.

Subscribed : 52.71 x

Listing Gain : 57.30 %

Dj Mediaprint & Logistics Limited

Sector : Logistics

Exchange : BSE SME

Listing Date : 31 Jan 2022

IPO Size : 15.00 Cr.

Subscribed : 9.91 x

Listing Gain : 93.36 %

Timescan Logistics (India) Limited

Sector : Logistics

Exchange : NSE EMERGE

Listing Date : 12 Jan 2022

IPO Size : 4.81 Cr.

Subscribed : 115.86 x

Listing Gain : 68.82 %

Dynamic Services & Security Limited

Sector : Human Resources and

Exchange : NSE EMERGE

Listing Date : 13 Oct 2021

IPO Size : 24.13 Cr.

Subscribed : 1.94 x

Listing Gain : 5.00 %

Destiny Logistics & Infra Limited

Sector : Logistics

Exchange : NSE EMERGE

Listing Date : 13 Oct 2021

IPO Size : 5.39 Cr.

Subscribed : 4.78 x

Listing Gain : -1.50 %

Promax Power Limited

Sector : Engineering

Exchange : BSE SME

Listing Date : 12 Oct 2021

IPO Size : 1.60 Cr.

Subscribed : 6.89 x

Listing Gain : 15.00 %

DJ Mediaprint & Logistics Limited

Sector : Logistics

Exchange : BSE SME

Listing Date : 13 Apr 2020

IPO Size : 2.40 Cr.

Subscribed : 1.83 x

Listing Gain : 4.00 %

ICL Organic Dairy Products Limited

Sector : Agro - Food Products

Exchange : BSE SME

Listing Date : 17 Feb 2020

IPO Size : 4.08 Cr.

Subscribed : 3.08 x

Listing Gain : 9.00 %

Tranway Technologies Ltd

Sector : Outsourcing

Exchange : BSE SME

Listing Date : 05 Feb 2020

IPO Size : 4.24 Cr.

Subscribed : 1.98 x

Listing Gain : 16.50 %

Alphalogic Techsys Ltd

Sector : Information Technolo

Exchange : BSE SME

Listing Date : 05 Sep 2019

IPO Size : 6.18 Cr.

Subscribed : 1.18 x

Listing Gain : 0.42 %

SK International Export Limited

Sector : Textiles

Exchange : BSE SME

Listing Date : 15 Jul 2019

IPO Size : 3.96 Cr.

Subscribed : 1.26 x

Listing Gain : 0.00 %

White Organic Retail Limited

Sector : Agro

Exchange : BSE SME

Listing Date : 10 May 2019

IPO Size : 15.46 Cr.

Subscribed : 1.36 x

Listing Gain : 2.06 %

Northern Spirits Limited

Sector : Retail

Exchange : BSE SME

Listing Date : 04 Apr 2019

IPO Size : 18.50 Cr.

Subscribed : 1.30 x

Listing Gain : 0.23 %

Mahip Industries Limited

Sector : Packaging & Disposab

Exchange : BSE SME

Listing Date : 12 Mar 2019

IPO Size : 16.63 Cr.

Subscribed : 1.54 x

Listing Gain : 5.00 %

Jonjua Overseas Limited

Sector : Outsourcing

Exchange : BSE SME

Listing Date : 25 Feb 2019

IPO Size : 1.30 Cr.

Subscribed : 1.17 x

Listing Gain : 14.00 %

Shankar Lal Rampal Dye-Chem Limited

Sector : Chemical

Exchange : BSE SME

Listing Date : 24 Dec 2018

IPO Size : 7.29 Cr.

Subscribed : 1.30 x

Listing Gain : 4.00 %

Diksha Greens Limited

Sector : Furniture

Exchange : BSE SME

Listing Date : 05 Dec 2018

IPO Size : 13.32 Cr.

Subscribed : 1.07 x

Listing Gain : 19.67 %

Shree Krishna Infrastructure Limited

Sector : Infrastructure

Exchange : BSE SME

Listing Date : 03 Dec 2018

IPO Size : 1.17 Cr.

Subscribed : 2.94 x

Listing Gain : -5.00 %

AKI India Limited

Sector : Retail

Exchange : BSE SME

Listing Date : 12 Oct 2018

IPO Size : 3.08 Cr.

Subscribed : 1.56 x

Listing Gain : 5.00 %

Powerful Technologies Limited

Sector : Electric Equipments

Exchange : NSE EMERGE

Listing Date : 28 Aug 2018

IPO Size : 13.55 Cr.

Subscribed : 1.30 x

Listing Gain : -10.59 %

Sungold Media and Entertainment Limited

Sector : Information Technolo

Exchange : BSE SME

Listing Date : 27 Aug 2018

IPO Size : 1.35 Cr.

Subscribed : 2.02 x

Listing Gain : -2.90 %

East India Securities Limited

Sector : Banking and Finance

Exchange : BSE SME

Listing Date : 13 Mar 2018

IPO Size : 92.74 Cr.

Subscribed : x

Listing Gain : 1.09 %

SME IPOs by Subscription

Subscribed upto 5 times 20 (44%)

Subscribed 5 to 25 times 10 (22%)

Subscribed 25 to 50 times2 (4%)

Subscribed 50 to 100 times 6 (13%)

Subscribed more than 100 times7 (16%)

SME IPOs by IPO Size

Very Small (< 5 Cr) 12 (27%)

Small (5-10 Cr) 10 (22%)

Medium (10-25 Cr) 21 (47%)

Large (25-50 Cr) 1 (2%)

Very Large (>50 Cr)1 (2%)

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SME IPOs by PE

Low (1-10) 8 (18%)

Average (10-20) 15 (33%)

Moderately High (20-30) 6 (13%)

Very High (30-50) 5 (11%)

Extreme (50+)10 (22%)

NA 1 (2%)

SME IPOs by City

Ahmedabad 2

Bangalore 2

Bhilwara 2

Chandigarh 1

Egmore 1

Ernakulam 3

Himmatnagar 1

Hyderabad 2

Jaipur 1

Kanpur 1

Kolkata 11

Kollam 1

Mohali 1

Mumbai 5

Narmada 2

New Delhi 4

Pune 2

Raipur 1

Rajkot 2

SME IPOs by Sector

Agro 3

Agro - Food Products 3

Banking and Finance 1

Chemical 1

E-Commerce 1

Electric Equipments 2

Electric Equipments - OEM 1

Engineering 2

Engineering - Automotive 2

Engineering - EPC 1

FMCG 2

Furniture 2

Furniture - Industrial Storage 1

Human Resources and Manpower 2

Information Technology - Data Solutions 2

Infrastructure 1

Logistics 4

Outsourcing 2

Outsourcing - BPO 1

Packaging & Disposables 2

Plastic and Polymer 1

Retail 2

Solar 1

Tea and Coffee 1

Textiles 3

Travel and Tourism 1

SME IPOs by Post Listing Performance

Offer Price Vs Current Market Price

Gain 37 (82%)

Loss 8 (18%)

Listing Price Vs Current Market Price

Gain 31 (69%)

Loss 14 (31%)

SME IPOs migrated to Mainboard5

Upcoming SME IPOs of Finshore Management

The below mentioned are the forthcoming SME IPOs for which DRHPs have been filed recently and are in process of approval by the BSE SME or NSE Emerge exchange.

Netanalytiks Technologies Limited

Bangalore

Information Technology - Data Solutions

Date of DRHP : 30 Sep 2024

Revenue : 10.88

PAT : 2.36

Exchange : BSE SME

Read DRHP

Detailed Review

Shanmuga Hospital Limited

Chennai

Healthcare - Hospitals and Clinic

Date of DRHP : 21 Sep 2024

Revenue : 43.39

PAT : 5.26

Exchange : BSE SME

Read DRHP

Detailed Review

Indobell Insulation Limited

Kolkata

Textiles

Date of DRHP : 29 Aug 2024

Revenue : 17.88

PAT : 1.03

Exchange : BSE SME

Read DRHP

Detailed Review

Park Smart Solutions Limited

Kolkata

Corporate Solutions

Date of DRHP : 10 Jul 2024

Revenue : 15.57

PAT : 1.49

Exchange : BSE SME

Read DRHP

Detailed Review

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

Other Useful Resources

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Compare Finshore Management with Other Merchant Bankers

FAQs

1. What is Finshore Management? What services do Finshore Management offer?

Finshore Management provides merchant banking services, including IPO management, advisory, and other capital market services.

2. Which is the latest IPO by Finshore Management merchant banker?

Dhanlaxmi Crop Science Limited is the latest IPO listed by Finshore Management on NSE EMERGE. The company is based in Himmatnagar and is engaged in Agro business.

3. Which are the upcoming SME IPOs by Finshore Management?

Upcoming SME IPOs are the IPOs for which DRHP has been filed by Finshore Management. Netanalytiks Technologies Limited, Shanmuga Hospital Limited, Indobell Insulation Limited, Park Smart Solutions Limited companies have filed DRHPs on NSE Emerge/BSE SME with Finshore Management as merchant bankers.

4. Finshore Management BRLM IPOs and listing gain?

162.50% was the highest listing gain for Agni Green Power Limited listed on NSE EMERGE in the year 01 Aug 2022. View Merchant Banker by Listing Gain

5. What are the merchant banker fees of Finshore Management?

Generally, the merchant banker fee or IPO cost is 8-12% of the issue size, though it may vary according to the IPO.

6. Which IPOs listed by Finshore Management in BSE SME or NSE SME have migrated to Mainboard?

5 SME IPOs listed on BSE SME or NSE SME have been migrated to the mainboard. For migration, the company listed on SME has to fulfill certain criteria available here. View List of Companies Migrated

List of All Merchant Bankers

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SME IPOs so far 45

SME IPOs listing on Exchange

SME IPOs by Listing

Latest SME IPOs

Dhanlaxmi Crop Science Limited

Travels & Rentals Limited

Solve Plastic Products

Sylvan Plyboard (India) Limited

Mayank Cattle Food Limited

HRH Next Services Limited

Presstonic Engineering Limited

Holmarc Opto-Mechatronics Limited

Alphalogic Industries Limited

ITCONS E-Solutions Limited

Indong Tea Company Limited

Arham Technologies Limited

AMBO Agritec Limited

Containe Technologies Limited

Mega Flex Plastics Limited

Naturo Indiabull Limited

Upsurge Seeds of Agriculture Limited

Agni Green Power Limited

Healthy Life Agritec Limited

Scarnose International Limited

Fone4 Communications (India) Limited

Swaraj Suiting Limited

Shigan Quantum Technologies Limited

Safa Systems & Technologies Limited

Dj Mediaprint & Logistics Limited

Timescan Logistics (India) Limited

Dynamic Services & Security Limited

Destiny Logistics & Infra Limited

Promax Power Limited

DJ Mediaprint & Logistics Limited

ICL Organic Dairy Products Limited

Tranway Technologies Ltd

Alphalogic Techsys Ltd

SK International Export Limited

White Organic Retail Limited

Northern Spirits Limited

Mahip Industries Limited

Jonjua Overseas Limited

Shankar Lal Rampal Dye-Chem Limited

Diksha Greens Limited

Shree Krishna Infrastructure Limited

AKI India Limited

Powerful Technologies Limited

Sungold Media and Entertainment Limited

East India Securities Limited

SME IPOs by Subscription

SME IPOs by IPO Size

Thinking ofListing Your Business through SME IPO?

SME IPOs by PE

SME IPOs by City

SME IPOs by Sector

SME IPOs by Post Listing Performance

Offer Price Vs Current Market Price

Listing Price Vs Current Market Price

SME IPOs migrated to Mainboard5

Upcoming SME IPOs of Finshore Management

Netanalytiks Technologies Limited

Shanmuga Hospital Limited

Indobell Insulation Limited

Park Smart Solutions Limited

Other Useful Resources

FAQs

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Listing Your Business through
SME IPO?

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