Narnolia Financial Services Limited

Company Name	IPO Year (Listed)	IPO Size (Cr.)	PE Ratio
Usha Financial Services Limited	31 Oct 2024	98.45	18.11
Pranik Logistics Limited	17 Oct 2024	22.47	19.46
Divyadhan Recycling Industries Limited	04 Oct 2024	24.17	38.50
Share Samadhan Limited	16 Sep 2024	24.06	23.22
Aesthetik Engineers Limited	16 Aug 2024	26.47	19.86
Ztech India Limited	05 Jun 2024	37.30	18.05
Radiowalla Network Limited	05 Apr 2024	14.25	27.41
Addictive Learning Technology Limited	30 Jan 2024	60.16	29.37
Akanksha Power and Infrastructure Limited	03 Jan 2024	27.49	35.72
Supreme Power Equipment Limited	29 Dec 2023	46.67	11.00
WomanCart Limited	27 Oct 2023	9.56	14.65
Inspire Films Limited	05 Oct 2023	21.23	19.87
Cellecor Gadgets Limited	28 Sep 2023	50.77	24.21
Yudiz Solutions Limited	17 Aug 2023	44.84	61.80
Drone Destination Limited	21 Jul 2023	44.20	64.35

Company Name	IPO Year (Listed)	Offer Price	Listing Price	Listing Gain (%)
Pranik Logistics Limited	17 Oct 2024	77.00	82.95	7.73
Divyadhan Recycling Industries Limited	04 Oct 2024	64.00	88.20	37.81
Share Samadhan Limited	16 Sep 2024	74.00	74.87	1.18
Aesthetik Engineers Limited	16 Aug 2024	58.00	115.70	99.48
Radiowalla Network Limited	05 Apr 2024	76.00	126.15	65.99
Addictive Learning Technology Limited	30 Jan 2024	140.00	294.50	110.36
Akanksha Power and Infrastructure Limited	03 Jan 2024	55.00	65.10	18.36
Supreme Power Equipment Limited	29 Dec 2023	65.00	98.00	50.77
WomanCart Limited	27 Oct 2023	86.00	122.85	42.85
Inspire Films Limited	05 Oct 2023	59.00	67.85	15.00
Cellecor Gadgets Limited	28 Sep 2023	92.00	96.60	5.00
Yudiz Solutions Limited	17 Aug 2023	165.00	181.40	9.94
Drone Destination Limited	21 Jul 2023	65.00	102.10	57.08

Company Name	IPO Year (Listed)	Offer Price	Listing Price	Listing Gain (%)
Usha Financial Services Limited	31 Oct 2024	168.00	155.85	-7.23
Ztech India Limited	05 Jun 2024	110.00	105.00	-4.55

Company Name	IPO Year (Listed)	Subscription	IPO Size (Cr.)	Listing Gain (%)

Company Name	IPO Year (Listed)	Subscription	IPO Size (Cr.)	Listing Gain (%)
Usha Financial Services Limited	31 Oct 2024	19.37	98.45	-7.23
Share Samadhan Limited	16 Sep 2024	14.59	24.06	1.18
Yudiz Solutions Limited	17 Aug 2023	5.03	44.84	9.94

Company Name	IPO Year (Listed)	Subscription	IPO Size (Cr.)	Listing Gain (%)
Divyadhan Recycling Industries Limited	04 Oct 2024	40.93	24.17	37.81

Company Name	IPO Year (Listed)	Subscription	IPO Size (Cr.)	Listing Gain (%)
WomanCart Limited	27 Oct 2023	67.48	9.56	42.85

Company Name	IPO Year (Listed)	Subscription	IPO Size (Cr.)	Listing Gain (%)
Pranik Logistics Limited	17 Oct 2024	218.02	22.47	7.73
Aesthetik Engineers Limited	16 Aug 2024	705.26	26.47	99.48
Ztech India Limited	05 Jun 2024	371.39	37.30	-4.55
Radiowalla Network Limited	05 Apr 2024	307.54	14.25	65.99
Addictive Learning Technology Limited	30 Jan 2024	273.12	60.16	110.36
Akanksha Power and Infrastructure Limited	03 Jan 2024	117.39	27.49	18.36
Supreme Power Equipment Limited	29 Dec 2023	262.60	46.67	50.77
Inspire Films Limited	05 Oct 2023	129.08	21.23	15.00
Cellecor Gadgets Limited	28 Sep 2023	116.33	50.77	5.00
Drone Destination Limited	21 Jul 2023	191.65	44.20	57.08

Company Name	IPO Year (Listed)	Subscription	IPO Size (Cr.)	Listing Gain (%)

Company Name	IPO Year (Listed)	Issue size	PE Ratio	Listing Gain (%)

Company Name	IPO Year (Listed)	Issue size	PE Ratio	Listing Gain (%)
WomanCart Limited	27 Oct 2023	Small (5-10 Cr)	14.65	42.85

Company Name	IPO Year (Listed)	Issue size	PE Ratio	Listing Gain(%)
Pranik Logistics Limited	17 Oct 2024	Medium (10-25 Cr)	19.46	7.73
Divyadhan Recycling Industries Limited	04 Oct 2024	Medium (10-25 Cr)	38.50	37.81
Share Samadhan Limited	16 Sep 2024	Medium (10-25 Cr)	23.22	1.18
Radiowalla Network Limited	05 Apr 2024	Medium (10-25 Cr)	27.41	65.99
Inspire Films Limited	05 Oct 2023	Medium (10-25 Cr)	19.87	15.00

Company Name	IPO Year (Listed)	Issue size	PE Ratio	Listing Gain (%)
Aesthetik Engineers Limited	16 Aug 2024	Large (25-50 Cr)	19.86	99.48
Ztech India Limited	05 Jun 2024	Large (25-50 Cr)	18.05	-4.55
Akanksha Power and Infrastructure Limited	03 Jan 2024	Large (25-50 Cr)	35.72	18.36
Supreme Power Equipment Limited	29 Dec 2023	Large (25-50 Cr)	11.00	50.77
Yudiz Solutions Limited	17 Aug 2023	Large (25-50 Cr)	61.80	9.94
Drone Destination Limited	21 Jul 2023	Large (25-50 Cr)	64.35	57.08

Company Name	IPO Year (Listed)	Issue size	PE Ratio	Listing Gain (%)
Usha Financial Services Limited	31 Oct 2024	Very Large (>50 Cr)	18.11	-7.23
Addictive Learning Technology Limited	30 Jan 2024	Very Large (>50 Cr)	29.37	110.36
Cellecor Gadgets Limited	28 Sep 2023	Very Large (>50 Cr)	24.21	5.00

Company Name	IPO Year (Listed)	Subscription	PE Ratio	Listing Gain (%)

Company Name	IPO Year (Listed)	Subscription	PE Ratio	Listing Gain (%)
Usha Financial Services Limited	31 Oct 2024	19.37	18.11	-7.23
Pranik Logistics Limited	17 Oct 2024	218.02	19.46	7.73
Aesthetik Engineers Limited	16 Aug 2024	705.26	19.86	99.48
Ztech India Limited	05 Jun 2024	371.39	18.05	-4.55
Supreme Power Equipment Limited	29 Dec 2023	262.60	11.00	50.77
WomanCart Limited	27 Oct 2023	67.48	14.65	42.85
Inspire Films Limited	05 Oct 2023	129.08	19.87	15.00

Company Name	IPO Year (Listed)	Subscription	PE Ratio	Listing Gain (%)
Share Samadhan Limited	16 Sep 2024	14.59	23.22	1.18
Radiowalla Network Limited	05 Apr 2024	307.54	27.41	65.99
Addictive Learning Technology Limited	30 Jan 2024	273.12	29.37	110.36
Cellecor Gadgets Limited	28 Sep 2023	116.33	24.21	5.00

Company Name	IPO Year (Listed)	Subscription	PE Ratio	Listing Gain (%)
Divyadhan Recycling Industries Limited	04 Oct 2024	40.93	38.50	37.81
Akanksha Power and Infrastructure Limited	03 Jan 2024	117.39	35.72	18.36

Company Name	IPO Year (Listed)	Subscription	PE Ratio	Listing Gain (%)
Yudiz Solutions Limited	17 Aug 2023	5.03	61.80	9.94
Drone Destination Limited	21 Jul 2023	191.65	64.35	57.08

Company Name	IPO Year (Listed)	Subscription	PE Ratio	Listing Gain (%)

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Radiowalla Network Limited	05 Apr 2024	Bangalore	Advertising and Media	14.25	27.41
Inspire Films Limited	05 Oct 2023	Mumbai	Advertising and Media	21.23	19.87

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Usha Financial Services Limited	31 Oct 2024	New Delhi	Banking and Finance	98.45	18.11

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Share Samadhan Limited	16 Sep 2024	New Delhi	Banking and Finance - FinTech	24.06	23.22

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Drone Destination Limited	21 Jul 2023	New Delhi	Drone	44.20	64.35

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
WomanCart Limited	27 Oct 2023	New Delhi	E-Commerce	9.56	14.65

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Addictive Learning Technology Limited	30 Jan 2024	New Delhi	Education - Edtech	60.16	29.37

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Cellecor Gadgets Limited	28 Sep 2023	New Delhi	Electric Equipments	50.77	24.21

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Akanksha Power and Infrastructure Limited	03 Jan 2024	Nashik	Electric Equipments - OEM	27.49	35.72

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Supreme Power Equipment Limited	29 Dec 2023	Tiruvallur	Electric Equipments - Transformers	46.67	11.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Aesthetik Engineers Limited	16 Aug 2024	Kolkata	Engineering	26.47	19.86
Ztech India Limited	05 Jun 2024	New Delhi	Engineering	37.30	18.05

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Yudiz Solutions Limited	17 Aug 2023	Ahmedabad	Information Technology - Data Solutions	44.84	61.80

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Pranik Logistics Limited	17 Oct 2024	Kolkata	Logistics	22.47	19.46

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Divyadhan Recycling Industries Limited	04 Oct 2024	Mumbai	Recycling	24.17	38.50

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Yudiz Solutions Limited	17 Aug 2023	Ahmedabad	Information Technology - Data Solutions	44.84	61.80

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Radiowalla Network Limited	05 Apr 2024	Bangalore	Advertising and Media	14.25	27.41

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Pranik Logistics Limited	17 Oct 2024	Kolkata	Logistics	22.47	19.46
Aesthetik Engineers Limited	16 Aug 2024	Kolkata	Engineering	26.47	19.86

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Divyadhan Recycling Industries Limited	04 Oct 2024	Mumbai	Recycling	24.17	38.50
Inspire Films Limited	05 Oct 2023	Mumbai	Advertising and Media	21.23	19.87

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Akanksha Power and Infrastructure Limited	03 Jan 2024	Nashik	Electric Equipments - OEM	27.49	35.72

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Usha Financial Services Limited	31 Oct 2024	New Delhi	Banking and Finance	98.45	18.11
Share Samadhan Limited	16 Sep 2024	New Delhi	Banking and Finance - FinTech	24.06	23.22
Ztech India Limited	05 Jun 2024	New Delhi	Engineering	37.30	18.05
Addictive Learning Technology Limited	30 Jan 2024	New Delhi	Education - Edtech	60.16	29.37
WomanCart Limited	27 Oct 2023	New Delhi	E-Commerce	9.56	14.65
Cellecor Gadgets Limited	28 Sep 2023	New Delhi	Electric Equipments	50.77	24.21
Drone Destination Limited	21 Jul 2023	New Delhi	Drone	44.20	64.35

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Supreme Power Equipment Limited	29 Dec 2023	Tiruvallur	Electric Equipments - Transformers	46.67	11.00

Company Name	IPO Year (Listed)	Offer Price	CMP	Current Market Performance %
Pranik Logistics Limited	17 Oct 2024	77.00	81.35	5.6
Divyadhan Recycling Industries Limited	04 Oct 2024	64.00	83.30	30.2
Aesthetik Engineers Limited	16 Aug 2024	58.00	73.15	26.1
Ztech India Limited	05 Jun 2024	110.00	396.05	260
Radiowalla Network Limited	05 Apr 2024	76.00	114.05	50.1
Addictive Learning Technology Limited	30 Jan 2024	140.00	383.65	174
Akanksha Power and Infrastructure Limited	03 Jan 2024	55.00	141.75	157.7
Supreme Power Equipment Limited	29 Dec 2023	65.00	209.45	222.2
WomanCart Limited	27 Oct 2023	86.00	283.30	229.4
Drone Destination Limited	21 Jul 2023	65.00	191.15	194.1

Company Name	IPO Year (Listed)	Offer Price	CMP	Current Market Performance %
Usha Financial Services Limited	31 Oct 2024	168.00	125.35	-25.4
Share Samadhan Limited	16 Sep 2024	74.00	71.81	-3
Inspire Films Limited	05 Oct 2023	59.00	25.50	-56.8
Cellecor Gadgets Limited	28 Sep 2023	92.00	57.55	-37.4
Yudiz Solutions Limited	17 Aug 2023	165.00	73.20	-55.6

Company Name	IPO Year (Listed)	Listing Price	CMP	Current Market Performance %
Ztech India Limited	05 Jun 2024	105.00	396.05	277.2
Addictive Learning Technology Limited	30 Jan 2024	294.50	383.65	30.3
Akanksha Power and Infrastructure Limited	03 Jan 2024	65.10	141.75	117.7
Supreme Power Equipment Limited	29 Dec 2023	98.00	209.45	113.7
WomanCart Limited	27 Oct 2023	122.85	283.30	130.6
Drone Destination Limited	21 Jul 2023	102.10	191.15	87.2

Company Name	IPO Year (Listed)	Listing Price	CMP	Current Market Performance %
Usha Financial Services Limited	31 Oct 2024	155.85	125.35	-19.6
Pranik Logistics Limited	17 Oct 2024	82.95	81.35	-1.9
Divyadhan Recycling Industries Limited	04 Oct 2024	88.20	83.30	-5.6
Share Samadhan Limited	16 Sep 2024	74.87	71.81	-4.1
Aesthetik Engineers Limited	16 Aug 2024	115.70	73.15	-36.8
Radiowalla Network Limited	05 Apr 2024	126.15	114.05	-9.6
Inspire Films Limited	05 Oct 2023	67.85	25.50	-62.4
Cellecor Gadgets Limited	28 Sep 2023	96.60	57.55	-40.4
Yudiz Solutions Limited	17 Aug 2023	181.40	73.20	-59.6

Company Name	IPO Year (Listed)	Exchange	PE Ratio	IPO Size (Cr.)
Usha Financial Services Limited	31 Oct 2024	NSE EMERGE	18.11	98.45
Pranik Logistics Limited	17 Oct 2024	NSE EMERGE	19.46	22.47
Divyadhan Recycling Industries Limited	04 Oct 2024	NSE EMERGE	38.50	24.17
Aesthetik Engineers Limited	16 Aug 2024	NSE EMERGE	19.86	26.47
Ztech India Limited	05 Jun 2024	NSE EMERGE	18.05	37.30
Radiowalla Network Limited	05 Apr 2024	NSE EMERGE	27.41	14.25
Addictive Learning Technology Limited	30 Jan 2024	NSE EMERGE	29.37	60.16
Akanksha Power and Infrastructure Limited	03 Jan 2024	NSE EMERGE	35.72	27.49
Supreme Power Equipment Limited	29 Dec 2023	NSE EMERGE	11.00	46.67
WomanCart Limited	27 Oct 2023	NSE EMERGE	14.65	9.56
Inspire Films Limited	05 Oct 2023	NSE EMERGE	19.87	21.23
Cellecor Gadgets Limited	28 Sep 2023	NSE EMERGE	24.21	50.77
Yudiz Solutions Limited	17 Aug 2023	NSE EMERGE	61.80	44.84
Drone Destination Limited	21 Jul 2023	NSE EMERGE	64.35	44.20

Company Name	IPO Year (Listed)	Exchange	PE Ratio	IPO Size (Cr.)
Share Samadhan Limited	16 Sep 2024	BSE SME	23.22	24.06

Company Name	IPO Year (Listed)	IPO Size (Cr.)	Exchange	MIgration date

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Narnolia Financial Services Limited ★★★★☆

Narnolia Financial Serviced is a SEBI Registered Category I Merchant Banker located in Kolkata. They provide services in various areas of capital markets which include Merchant Banking Services, Portfolio management services, Research services and Investment Banking.

Incorporation Year 1995

City Kolkata

Website https://www.narnolia.com/

SME IPOs so far 15

SME IPOs listing on Exchange

NSE Emerge 14 (93%)

BSE SME 1 (7%)

SME IPOs by Listing

Gain 13 (87%)

Loss2 (13%)

Latest SME IPOs

Usha Financial Services Limited

Sector : Banking and Finance

Exchange : NSE EMERGE

Listing Date : 31 Oct 2024

IPO Size : 98.45 Cr.

Subscribed : 19.37 x

Listing Gain : -7.23 %

Pranik Logistics Limited

Sector : Logistics

Exchange : NSE EMERGE

Listing Date : 17 Oct 2024

IPO Size : 22.47 Cr.

Subscribed : 218.02 x

Listing Gain : 7.73 %

Divyadhan Recycling Industries Limited

Sector : Recycling

Exchange : NSE EMERGE

Listing Date : 04 Oct 2024

IPO Size : 24.17 Cr.

Subscribed : 40.93 x

Listing Gain : 37.81 %

Share Samadhan Limited

Sector : Banking and Finance

Exchange : BSE SME

Listing Date : 16 Sep 2024

IPO Size : 24.06 Cr.

Subscribed : 14.59 x

Listing Gain : 1.18 %

Aesthetik Engineers Limited

Sector : Engineering

Exchange : NSE EMERGE

Listing Date : 16 Aug 2024

IPO Size : 26.47 Cr.

Subscribed : 705.26 x

Listing Gain : 99.48 %

Ztech India Limited

Sector : Engineering

Exchange : NSE EMERGE

Listing Date : 05 Jun 2024

IPO Size : 37.30 Cr.

Subscribed : 371.39 x

Listing Gain : -4.55 %

Radiowalla Network Limited

Sector : Advertising and Medi

Exchange : NSE EMERGE

Listing Date : 05 Apr 2024

IPO Size : 14.25 Cr.

Subscribed : 307.54 x

Listing Gain : 65.99 %

Addictive Learning Technology Limited

Sector : Education - Edtech

Exchange : NSE EMERGE

Listing Date : 30 Jan 2024

IPO Size : 60.16 Cr.

Subscribed : 273.12 x

Listing Gain : 110.36 %

Akanksha Power and Infrastructure Limited

Sector : Electric Equipments

Exchange : NSE EMERGE

Listing Date : 03 Jan 2024

IPO Size : 27.49 Cr.

Subscribed : 117.39 x

Listing Gain : 18.36 %

Supreme Power Equipment Limited

Sector : Electric Equipments

Exchange : NSE EMERGE

Listing Date : 29 Dec 2023

IPO Size : 46.67 Cr.

Subscribed : 262.60 x

Listing Gain : 50.77 %

WomanCart Limited

Sector : E-Commerce

Exchange : NSE EMERGE

Listing Date : 27 Oct 2023

IPO Size : 9.56 Cr.

Subscribed : 67.48 x

Listing Gain : 42.85 %

Inspire Films Limited

Sector : Advertising and Medi

Exchange : NSE EMERGE

Listing Date : 05 Oct 2023

IPO Size : 21.23 Cr.

Subscribed : 129.08 x

Listing Gain : 15.00 %

Cellecor Gadgets Limited

Sector : Electric Equipments

Exchange : NSE EMERGE

Listing Date : 28 Sep 2023

IPO Size : 50.77 Cr.

Subscribed : 116.33 x

Listing Gain : 5.00 %

Yudiz Solutions Limited

Sector : Information Technolo

Exchange : NSE EMERGE

Listing Date : 17 Aug 2023

IPO Size : 44.84 Cr.

Subscribed : 5.03 x

Listing Gain : 9.94 %

Drone Destination Limited

Sector : Drone

Exchange : NSE EMERGE

Listing Date : 21 Jul 2023

IPO Size : 44.20 Cr.

Subscribed : 191.65 x

Listing Gain : 57.08 %

SME IPOs by Subscription

Subscribed upto 5 times 0 (0%)

Subscribed 5 to 25 times 3 (20%)

Subscribed 25 to 50 times1 (7%)

Subscribed 50 to 100 times 1 (7%)

Subscribed more than 100 times10 (67%)

SME IPOs by IPO Size

Very Small (< 5 Cr) 0 (0%)

Small (5-10 Cr) 1 (7%)

Medium (10-25 Cr) 5 (33%)

Large (25-50 Cr) 6 (40%)

Very Large (>50 Cr)3 (20%)

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SME IPOs by PE

Low (1-10) 0 (0%)

Average (10-20) 7 (47%)

Moderately High (20-30) 4 (27%)

Very High (30-50) 2 (13%)

Extreme (50+)2 (13%)

NA 0 (0%)

SME IPOs by City

Ahmedabad 1

Bangalore 1

Kolkata 2

Mumbai 2

Nashik 1

New Delhi 7

Tiruvallur 1

SME IPOs by Sector

Advertising and Media 2

Banking and Finance 1

Banking and Finance - FinTech 1

Drone 1

E-Commerce 1

Education - Edtech 1

Electric Equipments 1

Electric Equipments - OEM 1

Electric Equipments - Transformers 1

Engineering 2

Information Technology - Data Solutions 1

Logistics 1

Recycling 1

SME IPOs by Post Listing Performance

Offer Price Vs Current Market Price

Gain 10 (67%)

Loss 5 (33%)

Listing Price Vs Current Market Price

Gain 6 (40%)

Loss 9 (60%)

SME IPOs migrated to Mainboard0

Upcoming SME IPOs of Narnolia Financial

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.