Sarthi Capital Advisors Private Limited

Company Name	IPO Year (Listed)	IPO Size (Cr.)	PE Ratio
Vinyas Innovative Technologies Limited	06 Oct 2023	54.66	28.30
Digikore Studioslimited	04 Oct 2023	30.48	9.99
Spectrum Talent Management Limited	22 Jun 2023	105.14	15.00
Homesfy Realty Limited	02 Jan 2023	15.86	10.87
Frog Cellsat Limited	13 Oct 2022	41.57	10.93
P E Analytics Limited	04 Apr 2022	31.60	14.56
Vivo Collaboration Solutions Limited	31 Dec 2021	4.40	3.72
Bonlon Industries Limited	13 Jul 2020	10.52	2.15
Marshall Machines Limited	07 Sep 2018	16.25	12.00
Five Core Electronics Limited	21 May 2018	46.66	13.00
Mittal Life Style Ltd	02 Apr 2018	4.41	24.00
Marvel Decor Limited	23 Mar 2018	26.26	34.00
Arvee Laboratories (India) Limited	22 Feb 2018	8.91	52.00
Brand Concepts Limited	10 Jan 2018	12.62
Pulz Electronics Limited	24 Nov 2017	3.92	9.22
Sanghvi Brands Limited	22 Nov 2017	18.96	0.00
Omfurn India Limited	13 Oct 2017	4.17	9.70
D P Wires Limited	05 Oct 2017	26.88	20.00
Aarvi Encon Limited	05 Oct 2017	21.24	15.00
Servotech Power Systems Limited	24 Aug 2017	15.13	11.00
Total Transport Systems Limited	07 Aug 2017	17.01	11.00
Pushpanjali Realms & Infratech Limited	10 Jul 2017	14.55	35.00
Shri Ram Switchgears Limited	07 Jun 2017	5.07	9.80
Jalan Transolutions (India) Limited	31 May 2017	17.71	16.00
InfoBeans Technologies Limited	02 May 2017	36.78	13.00
M K Proteins Limited	18 Apr 2017	10.23	53.00
Focus Lighting And Fixtures Limited	13 Apr 2017	4.05	5.00
Libas Designs Limited	09 Jan 2017	13.60	48.00
Jet Freight Logistics Limited	06 Dec 2016	4.07	15.00
Jet Knitwears Limited	07 Oct 2016	4.22	31.00
AVSL Industries Limited	06 Oct 2016	5.18	94.00
Husys Consulting Limited	27 Sep 2016	4.20	41.00
Crown Lifters Limited	27 Sep 2016	6.68	10.00
HEC Infra Projects Limited	30 Mar 2016	5.39	15.00
Wealth First Portfolio Managers Limited	30 Mar 2016	8.40	24.00
Hi-Tech Pipes Limited	25 Feb 2016	13.65	11.00
Fourth Dimension Solutions Limited	22 Jan 2016	8.68	3.00
Ahimsa Industries Limited	15 Oct 2015	3.80	0.00
Shaival Reality Limited	01 Oct 2015	5.28	0.00
Pecos Hotels and Pubs Limited	11 Aug 2015	2.30	54.00
Mahabir Metallex Limited	27 Mar 2015	3.90	250.00
Akme Star Housing Finance Limited	20 Mar 2015	4.80	53.00
JLA Infraville Shoppers Limited	12 Nov 2014	2.00	333.00
Starlit Power Systems Limited	22 Oct 2014	2.95	180.00
B C Power Controls Limited	14 Mar 2014	10.37	128.00
RCI Industries & Technologies Limited	21 Jan 2014	11.52	30.50
Tiger Logistics (India) Limited	12 Sep 2013	7.52	8.20
Bothra Metals and Alloys Limited	25 Mar 2013	12.21	0.00

Company Name	IPO Year (Listed)	Offer Price	Listing Price	Listing Gain (%)
Vinyas Innovative Technologies Limited	06 Oct 2023	165.00	346.50	110.00
Digikore Studioslimited	04 Oct 2023	171.00	283.50	65.79
Homesfy Realty Limited	02 Jan 2023	197.00	275.05	39.62
Frog Cellsat Limited	13 Oct 2022	102.00	185.80	82.16
P E Analytics Limited	04 Apr 2022	114.00	168.50	47.81
Vivo Collaboration Solutions Limited	31 Dec 2021	82.00	337.35	311.40
Five Core Electronics Limited	21 May 2018	140.00	145.50	3.93
Marvel Decor Limited	23 Mar 2018	57.00	57.85	1.49
Arvee Laboratories (India) Limited	22 Feb 2018	61.00	62.50	2.46
Brand Concepts Limited	10 Jan 2018	45.00	54.00	20.00
Pulz Electronics Limited	24 Nov 2017	54.00	64.05	18.61
Sanghvi Brands Limited	22 Nov 2017	69.00	82.80	20.00
Aarvi Encon Limited	05 Oct 2017	54.00	54.50	0.93
Servotech Power Systems Limited	24 Aug 2017	31.00	31.85	2.74
Total Transport Systems Limited	07 Aug 2017	45.00	54.00	20.00
Pushpanjali Realms & Infratech Limited	10 Jul 2017	55.00	55.45	0.82
Shri Ram Switchgears Limited	07 Jun 2017	19.00	22.80	20.00
InfoBeans Technologies Limited	02 May 2017	58.00	69.60	20.00
M K Proteins Limited	18 Apr 2017	70.00	72.00	2.86
Focus Lighting And Fixtures Limited	13 Apr 2017	45.00	54.00	20.00
Libas Designs Limited	09 Jan 2017	68.00	71.40	5.00
Jet Freight Logistics Limited	06 Dec 2016	28.00	33.60	20.00
Jet Knitwears Limited	07 Oct 2016	39.00	46.80	20.00
Wealth First Portfolio Managers Limited	30 Mar 2016	50.00	51.50	3.00
Fourth Dimension Solutions Limited	22 Jan 2016	30.00	36.00	20.00
Ahimsa Industries Limited	15 Oct 2015	25.00	26.00	4.00
Shaival Reality Limited	01 Oct 2015	100.00	100.50	0.50
Pecos Hotels and Pubs Limited	11 Aug 2015	50.00	53.25	6.50
Mahabir Metallex Limited	27 Mar 2015	10.00	10.10	1.00
Akme Star Housing Finance Limited	20 Mar 2015	30.00	31.75	5.83
JLA Infraville Shoppers Limited	12 Nov 2014	10.00	11.60	16.00
Starlit Power Systems Limited	22 Oct 2014	18.00	18.95	5.28
B C Power Controls Limited	14 Mar 2014	18.00	18.10	0.56
Tiger Logistics (India) Limited	12 Sep 2013	66.00	69.10	4.70

Company Name	IPO Year (Listed)	Offer Price	Listing Price	Listing Gain (%)
Spectrum Talent Management Limited	22 Jun 2023	173.00	155.00	-10.40
Bonlon Industries Limited	13 Jul 2020	28.00	21.50	-23.21
Marshall Machines Limited	07 Sep 2018	42.00	39.30	-6.43
Mittal Life Style Ltd	02 Apr 2018	21.00	21.00	0.00
Omfurn India Limited	13 Oct 2017	23.00	22.85	-0.65
D P Wires Limited	05 Oct 2017	75.00	75.00	0.00
Jalan Transolutions (India) Limited	31 May 2017	46.00	41.95	-8.80
AVSL Industries Limited	06 Oct 2016	36.00	36.00	0.00
Husys Consulting Limited	27 Sep 2016	69.00	60.60	-12.17
Crown Lifters Limited	27 Sep 2016	121.00	109.00	-9.92
HEC Infra Projects Limited	30 Mar 2016	100.00	97.90	-2.10
Hi-Tech Pipes Limited	25 Feb 2016	50.00	50.00	0.00
RCI Industries & Technologies Limited	21 Jan 2014	40.00	38.05	-4.88
Bothra Metals and Alloys Limited	25 Mar 2013	25.00	25.00	0.00

Company Name	IPO Year (Listed)	Subscription	IPO Size (Cr.)	Listing Gain (%)
Bonlon Industries Limited	13 Jul 2020	1.36	10.52	-23.21
Marshall Machines Limited	07 Sep 2018	2.25	16.25	-6.43
Five Core Electronics Limited	21 May 2018	0.55	46.66	3.93
Mittal Life Style Ltd	02 Apr 2018	1.47	4.41	0.00
Marvel Decor Limited	23 Mar 2018	1.54	26.26	1.49
Arvee Laboratories (India) Limited	22 Feb 2018	2.90	8.91	2.46
Pulz Electronics Limited	24 Nov 2017	0.00	3.92	18.61
Sanghvi Brands Limited	22 Nov 2017	0.00	18.96	20.00
Omfurn India Limited	13 Oct 2017	0.00	4.17	-0.65
D P Wires Limited	05 Oct 2017	0.00	26.88	0.00
Aarvi Encon Limited	05 Oct 2017	0.00	21.24	0.93
Servotech Power Systems Limited	24 Aug 2017	0.00	15.13	2.74
Total Transport Systems Limited	07 Aug 2017	0.00	17.01	20.00
Pushpanjali Realms & Infratech Limited	10 Jul 2017	0.00	14.55	0.82
Shri Ram Switchgears Limited	07 Jun 2017	0.00	5.07	20.00
Jalan Transolutions (India) Limited	31 May 2017	0.00	17.71	-8.80
InfoBeans Technologies Limited	02 May 2017	0.00	36.78	20.00
M K Proteins Limited	18 Apr 2017	0.00	10.23	2.86
Focus Lighting And Fixtures Limited	13 Apr 2017	0.00	4.05	20.00
Libas Designs Limited	09 Jan 2017	0.00	13.60	5.00
Jet Freight Logistics Limited	06 Dec 2016	0.00	4.07	20.00
Jet Knitwears Limited	07 Oct 2016	0.00	4.22	20.00
AVSL Industries Limited	06 Oct 2016	0.00	5.18	0.00
Husys Consulting Limited	27 Sep 2016	0.00	4.20	-12.17
Crown Lifters Limited	27 Sep 2016	0.00	6.68	-9.92
HEC Infra Projects Limited	30 Mar 2016	0.00	5.39	-2.10
Wealth First Portfolio Managers Limited	30 Mar 2016	0.00	8.40	3.00
Hi-Tech Pipes Limited	25 Feb 2016	0.00	13.65	0.00
Fourth Dimension Solutions Limited	22 Jan 2016	0.00	8.68	20.00
Ahimsa Industries Limited	15 Oct 2015	0.00	3.80	4.00
Shaival Reality Limited	01 Oct 2015	0.00	5.28	0.50
Pecos Hotels and Pubs Limited	11 Aug 2015	0.00	2.30	6.50
Mahabir Metallex Limited	27 Mar 2015	0.00	3.90	1.00
Akme Star Housing Finance Limited	20 Mar 2015	0.00	4.80	5.83
JLA Infraville Shoppers Limited	12 Nov 2014	0.00	2.00	16.00
Starlit Power Systems Limited	22 Oct 2014	0.00	2.95	5.28
B C Power Controls Limited	14 Mar 2014	0.00	10.37	0.56
RCI Industries & Technologies Limited	21 Jan 2014	0.00	11.52	-4.88
Tiger Logistics (India) Limited	12 Sep 2013	0.00	7.52	4.70
Bothra Metals and Alloys Limited	25 Mar 2013	0.00	12.21	0.00

Company Name	IPO Year (Listed)	Subscription	IPO Size (Cr.)	Listing Gain (%)
Spectrum Talent Management Limited	22 Jun 2023	12.27	105.14	-10.40
Homesfy Realty Limited	02 Jan 2023	21.69	15.86	39.62
Frog Cellsat Limited	13 Oct 2022	21.06	41.57	82.16
Brand Concepts Limited	10 Jan 2018	11.78	12.62	20.00

Company Name	IPO Year (Listed)	Subscription	IPO Size (Cr.)	Listing Gain (%)
Vinyas Innovative Technologies Limited	06 Oct 2023	43.24	54.66	110.00
P E Analytics Limited	04 Apr 2022	46.34	31.60	47.81

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

Company Name	IPO Year (Listed)	Subscription	IPO Size (Cr.)	Listing Gain (%)
Digikore Studioslimited	04 Oct 2023	281.58	30.48	65.79
Vivo Collaboration Solutions Limited	31 Dec 2021	282.97	4.40	311.40

Company Name	IPO Year (Listed)	IPO Size (Cr.)	Listing Gain (%)
Pulz Electronics Limited	24 Nov 2017	3.92	18.61
Sanghvi Brands Limited	22 Nov 2017	18.96	20.00
Omfurn India Limited	13 Oct 2017	4.17	-0.65
D P Wires Limited	05 Oct 2017	26.88	0.00
Aarvi Encon Limited	05 Oct 2017	21.24	0.93
Servotech Power Systems Limited	24 Aug 2017	15.13	2.74
Total Transport Systems Limited	07 Aug 2017	17.01	20.00
Pushpanjali Realms & Infratech Limited	10 Jul 2017	14.55	0.82
Shri Ram Switchgears Limited	07 Jun 2017	5.07	20.00
Jalan Transolutions (India) Limited	31 May 2017	17.71	-8.80
InfoBeans Technologies Limited	02 May 2017	36.78	20.00
M K Proteins Limited	18 Apr 2017	10.23	2.86
Focus Lighting And Fixtures Limited	13 Apr 2017	4.05	20.00
Libas Designs Limited	09 Jan 2017	13.60	5.00
Jet Freight Logistics Limited	06 Dec 2016	4.07	20.00
Jet Knitwears Limited	07 Oct 2016	4.22	20.00
AVSL Industries Limited	06 Oct 2016	5.18	0.00
Husys Consulting Limited	27 Sep 2016	4.20	-12.17
Crown Lifters Limited	27 Sep 2016	6.68	-9.92
HEC Infra Projects Limited	30 Mar 2016	5.39	-2.10
Wealth First Portfolio Managers Limited	30 Mar 2016	8.40	3.00
Hi-Tech Pipes Limited	25 Feb 2016	13.65	0.00
Fourth Dimension Solutions Limited	22 Jan 2016	8.68	20.00
Ahimsa Industries Limited	15 Oct 2015	3.80	4.00
Shaival Reality Limited	01 Oct 2015	5.28	0.50
Pecos Hotels and Pubs Limited	11 Aug 2015	2.30	6.50
Mahabir Metallex Limited	27 Mar 2015	3.90	1.00
Akme Star Housing Finance Limited	20 Mar 2015	4.80	5.83
JLA Infraville Shoppers Limited	12 Nov 2014	2.00	16.00
Starlit Power Systems Limited	22 Oct 2014	2.95	5.28
B C Power Controls Limited	14 Mar 2014	10.37	0.56
RCI Industries & Technologies Limited	21 Jan 2014	11.52	-4.88
Tiger Logistics (India) Limited	12 Sep 2013	7.52	4.70
Bothra Metals and Alloys Limited	25 Mar 2013	12.21	0.00

Company Name	IPO Year (Listed)	Issue size	PE Ratio	Listing Gain (%)
Vivo Collaboration Solutions Limited	31 Dec 2021	Very Small (< 5 Cr)	3.72	311.40
Mittal Life Style Ltd	02 Apr 2018	Very Small (< 5 Cr)	24.00	0.00
Pulz Electronics Limited	24 Nov 2017	Very Small (< 5 Cr)	9.22	18.61
Omfurn India Limited	13 Oct 2017	Very Small (< 5 Cr)	9.70	-0.65
Focus Lighting And Fixtures Limited	13 Apr 2017	Very Small (< 5 Cr)	5.00	20.00
Jet Freight Logistics Limited	06 Dec 2016	Very Small (< 5 Cr)	15.00	20.00
Jet Knitwears Limited	07 Oct 2016	Very Small (< 5 Cr)	31.00	20.00
Husys Consulting Limited	27 Sep 2016	Very Small (< 5 Cr)	41.00	-12.17
Ahimsa Industries Limited	15 Oct 2015	Very Small (< 5 Cr)	0.00	4.00
Pecos Hotels and Pubs Limited	11 Aug 2015	Very Small (< 5 Cr)	54.00	6.50
Mahabir Metallex Limited	27 Mar 2015	Very Small (< 5 Cr)	250.00	1.00
Akme Star Housing Finance Limited	20 Mar 2015	Very Small (< 5 Cr)	53.00	5.83
JLA Infraville Shoppers Limited	12 Nov 2014	Very Small (< 5 Cr)	333.00	16.00
Starlit Power Systems Limited	22 Oct 2014	Very Small (< 5 Cr)	180.00	5.28

Company Name	IPO Year (Listed)	Issue size	PE Ratio	Listing Gain (%)
Arvee Laboratories (India) Limited	22 Feb 2018	Small (5-10 Cr)	52.00	2.46
Shri Ram Switchgears Limited	07 Jun 2017	Small (5-10 Cr)	9.80	20.00
AVSL Industries Limited	06 Oct 2016	Small (5-10 Cr)	94.00	0.00
Crown Lifters Limited	27 Sep 2016	Small (5-10 Cr)	10.00	-9.92
HEC Infra Projects Limited	30 Mar 2016	Small (5-10 Cr)	15.00	-2.10
Wealth First Portfolio Managers Limited	30 Mar 2016	Small (5-10 Cr)	24.00	3.00
Fourth Dimension Solutions Limited	22 Jan 2016	Small (5-10 Cr)	3.00	20.00
Shaival Reality Limited	01 Oct 2015	Small (5-10 Cr)	0.00	0.50
Tiger Logistics (India) Limited	12 Sep 2013	Small (5-10 Cr)	8.20	4.70

Company Name	IPO Year (Listed)	Issue size	PE Ratio	Listing Gain(%)
Homesfy Realty Limited	02 Jan 2023	Medium (10-25 Cr)	10.87	39.62
Bonlon Industries Limited	13 Jul 2020	Medium (10-25 Cr)	2.15	-23.21
Marshall Machines Limited	07 Sep 2018	Medium (10-25 Cr)	12.00	-6.43
Brand Concepts Limited	10 Jan 2018	Medium (10-25 Cr)		20.00
Sanghvi Brands Limited	22 Nov 2017	Medium (10-25 Cr)	0.00	20.00
Aarvi Encon Limited	05 Oct 2017	Medium (10-25 Cr)	15.00	0.93
Servotech Power Systems Limited	24 Aug 2017	Medium (10-25 Cr)	11.00	2.74
Total Transport Systems Limited	07 Aug 2017	Medium (10-25 Cr)	11.00	20.00
Pushpanjali Realms & Infratech Limited	10 Jul 2017	Medium (10-25 Cr)	35.00	0.82
Jalan Transolutions (India) Limited	31 May 2017	Medium (10-25 Cr)	16.00	-8.80
M K Proteins Limited	18 Apr 2017	Medium (10-25 Cr)	53.00	2.86
Libas Designs Limited	09 Jan 2017	Medium (10-25 Cr)	48.00	5.00
Hi-Tech Pipes Limited	25 Feb 2016	Medium (10-25 Cr)	11.00	0.00
B C Power Controls Limited	14 Mar 2014	Medium (10-25 Cr)	128.00	0.56
RCI Industries & Technologies Limited	21 Jan 2014	Medium (10-25 Cr)	30.50	-4.88
Bothra Metals and Alloys Limited	25 Mar 2013	Medium (10-25 Cr)	0.00	0.00

Company Name	IPO Year (Listed)	Issue size	PE Ratio	Listing Gain (%)
Digikore Studioslimited	04 Oct 2023	Large (25-50 Cr)	9.99	65.79
Frog Cellsat Limited	13 Oct 2022	Large (25-50 Cr)	10.93	82.16
P E Analytics Limited	04 Apr 2022	Large (25-50 Cr)	14.56	47.81
Five Core Electronics Limited	21 May 2018	Large (25-50 Cr)	13.00	3.93
Marvel Decor Limited	23 Mar 2018	Large (25-50 Cr)	34.00	1.49
D P Wires Limited	05 Oct 2017	Large (25-50 Cr)	20.00	0.00
InfoBeans Technologies Limited	02 May 2017	Large (25-50 Cr)	13.00	20.00

Company Name	IPO Year (Listed)	Issue size	PE Ratio	Listing Gain (%)
Vinyas Innovative Technologies Limited	06 Oct 2023	Very Large (>50 Cr)	28.30	110.00
Spectrum Talent Management Limited	22 Jun 2023	Very Large (>50 Cr)	15.00	-10.40

Company Name	IPO Year (Listed)	Subscription	PE Ratio	Listing Gain (%)
Digikore Studioslimited	04 Oct 2023	281.58	9.99	65.79
Vivo Collaboration Solutions Limited	31 Dec 2021	282.97	3.72	311.40
Bonlon Industries Limited	13 Jul 2020	1.36	2.15	-23.21
Pulz Electronics Limited	24 Nov 2017	0.00	9.22	18.61
Omfurn India Limited	13 Oct 2017	0.00	9.70	-0.65
Shri Ram Switchgears Limited	07 Jun 2017	0.00	9.80	20.00
Focus Lighting And Fixtures Limited	13 Apr 2017	0.00	5.00	20.00
Crown Lifters Limited	27 Sep 2016	0.00	10.00	-9.92
Fourth Dimension Solutions Limited	22 Jan 2016	0.00	3.00	20.00
Tiger Logistics (India) Limited	12 Sep 2013	0.00	8.20	4.70

Company Name	IPO Year (Listed)	Subscription	PE Ratio	Listing Gain (%)
Spectrum Talent Management Limited	22 Jun 2023	12.27	15.00	-10.40
Homesfy Realty Limited	02 Jan 2023	21.69	10.87	39.62
Frog Cellsat Limited	13 Oct 2022	21.06	10.93	82.16
P E Analytics Limited	04 Apr 2022	46.34	14.56	47.81
Marshall Machines Limited	07 Sep 2018	2.25	12.00	-6.43
Five Core Electronics Limited	21 May 2018	0.55	13.00	3.93
D P Wires Limited	05 Oct 2017	0.00	20.00	0.00
Aarvi Encon Limited	05 Oct 2017	0.00	15.00	0.93
Servotech Power Systems Limited	24 Aug 2017	0.00	11.00	2.74
Total Transport Systems Limited	07 Aug 2017	0.00	11.00	20.00
Jalan Transolutions (India) Limited	31 May 2017	0.00	16.00	-8.80
InfoBeans Technologies Limited	02 May 2017	0.00	13.00	20.00
Jet Freight Logistics Limited	06 Dec 2016	0.00	15.00	20.00
HEC Infra Projects Limited	30 Mar 2016	0.00	15.00	-2.10
Hi-Tech Pipes Limited	25 Feb 2016	0.00	11.00	0.00

Company Name	IPO Year (Listed)	Subscription	PE Ratio	Listing Gain (%)
Vinyas Innovative Technologies Limited	06 Oct 2023	43.24	28.30	110.00
Mittal Life Style Ltd	02 Apr 2018	1.47	24.00	0.00
Wealth First Portfolio Managers Limited	30 Mar 2016	0.00	24.00	3.00

Company Name	IPO Year (Listed)	Subscription	PE Ratio	Listing Gain (%)
Marvel Decor Limited	23 Mar 2018	1.54	34.00	1.49
Pushpanjali Realms & Infratech Limited	10 Jul 2017	0.00	35.00	0.82
Libas Designs Limited	09 Jan 2017	0.00	48.00	5.00
Jet Knitwears Limited	07 Oct 2016	0.00	31.00	20.00
Husys Consulting Limited	27 Sep 2016	0.00	41.00	-12.17
RCI Industries & Technologies Limited	21 Jan 2014	0.00	30.50	-4.88

Company Name	IPO Year (Listed)	Subscription	PE Ratio	Listing Gain (%)
Arvee Laboratories (India) Limited	22 Feb 2018	2.90	52.00	2.46
Brand Concepts Limited	10 Jan 2018	11.78		20.00
M K Proteins Limited	18 Apr 2017	0.00	53.00	2.86
AVSL Industries Limited	06 Oct 2016	0.00	94.00	0.00
Pecos Hotels and Pubs Limited	11 Aug 2015	0.00	54.00	6.50
Mahabir Metallex Limited	27 Mar 2015	0.00	250.00	1.00
Akme Star Housing Finance Limited	20 Mar 2015	0.00	53.00	5.83
JLA Infraville Shoppers Limited	12 Nov 2014	0.00	333.00	16.00
Starlit Power Systems Limited	22 Oct 2014	0.00	180.00	5.28
B C Power Controls Limited	14 Mar 2014	0.00	128.00	0.56

Company Name	IPO Year (Listed)	Listing Gain (%)
Sanghvi Brands Limited	22 Nov 2017	20.00
Ahimsa Industries Limited	15 Oct 2015	4.00
Shaival Reality Limited	01 Oct 2015	0.50
Bothra Metals and Alloys Limited	25 Mar 2013	0.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
M K Proteins Limited	18 Apr 2017	Ambala	Agro - Food Products	10.23	53.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Ahimsa Industries Limited	15 Oct 2015	Ahmedabad	Agro - Sugar	3.80	0.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Bothra Metals and Alloys Limited	25 Mar 2013	Mumbai	Aluminium	12.21	0.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Wealth First Portfolio Managers Limited	30 Mar 2016	Ahmedabad	Banking and Finance	8.40	24.00
Akme Star Housing Finance Limited	20 Mar 2015	Udaipur	Banking and Finance	4.80	53.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
B C Power Controls Limited	14 Mar 2014	New Delhi	Cables and Wires	10.37	128.00
RCI Industries & Technologies Limited	21 Jan 2014	New Delhi	Cables and Wires	11.52	30.50

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Arvee Laboratories (India) Limited	22 Feb 2018	Ahmedabad	Chemical - Speciality	8.91	52.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Pulz Electronics Limited	24 Nov 2017	Mumbai	Electric Equipments	3.92	9.22
Servotech Power Systems Limited	24 Aug 2017	New Delhi	Electric Equipments	15.13	11.00
Shri Ram Switchgears Limited	07 Jun 2017	Ratlam	Electric Equipments	5.07	9.80
Focus Lighting And Fixtures Limited	13 Apr 2017	Mumbai	Electric Equipments	4.05	5.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Vinyas Innovative Technologies Limited	06 Oct 2023	Mysore	Electric Equipments - OEM	54.66	28.30

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Bonlon Industries Limited	13 Jul 2020	New Delhi	Engineering	10.52	2.15
Marshall Machines Limited	07 Sep 2018	Ludhiana	Engineering	16.25	12.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
HEC Infra Projects Limited	30 Mar 2016	Ahmedabad	Engineering - EPC	5.39	15.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Crown Lifters Limited	27 Sep 2016	Mumbai	Engineering - Heavy Machinery	6.68	10.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Digikore Studioslimited	04 Oct 2023	Pune	Film and Animation - VFX	30.48	9.99

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Omfurn India Limited	13 Oct 2017	Mumbai	Furniture	4.17	9.70

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Sanghvi Brands Limited	22 Nov 2017	Pune	Healthcare - Personal Care	18.96	0.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Marvel Decor Limited	23 Mar 2018	Jamnagar	Home Decor	26.26	34.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Pecos Hotels and Pubs Limited	11 Aug 2015	Bangalore	Hotels and Resorts	2.30	54.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Spectrum Talent Management Limited	22 Jun 2023	New Delhi	Human Resources and Manpower	105.14	15.00
Aarvi Encon Limited	05 Oct 2017	Mumbai	Human Resources and Manpower	21.24	15.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
InfoBeans Technologies Limited	02 May 2017	Indore	Information Technology	36.78	13.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
P E Analytics Limited	04 Apr 2022	New Delhi	Information Technology - Data Solutions	31.60	14.56
Fourth Dimension Solutions Limited	22 Jan 2016	New Delhi	Information Technology - Data Solutions	8.68	3.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Five Core Electronics Limited	21 May 2018	New Delhi	Information Technology - Hardware	46.66	13.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Vivo Collaboration Solutions Limited	31 Dec 2021	New Delhi	Information Technology - SaaS	4.40	3.72

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Total Transport Systems Limited	07 Aug 2017	Mumbai	Logistics	17.01	11.00
Jalan Transolutions (India) Limited	31 May 2017	New Delhi	Logistics	17.71	16.00
Jet Freight Logistics Limited	06 Dec 2016	Mumbai	Logistics	4.07	15.00
Shaival Reality Limited	01 Oct 2015	Ahmedabad	Logistics	5.28	0.00
Tiger Logistics (India) Limited	12 Sep 2013	New Delhi	Logistics	7.52	8.20

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Husys Consulting Limited	27 Sep 2016	Hyderabad	Outsourcing	4.20	41.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
D P Wires Limited	05 Oct 2017	Ratlam	Plastic and Polymer	26.88	20.00
AVSL Industries Limited	06 Oct 2016	New Delhi	Plastic and Polymer	5.18	94.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Homesfy Realty Limited	02 Jan 2023	Mumbai	Real Estate - Broking	15.86	10.87

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Pushpanjali Realms & Infratech Limited	10 Jul 2017	Haridwar	Real Estate - Residential and Commercial	14.55	35.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Brand Concepts Limited	10 Jan 2018	Mumbai	Retail	12.62
JLA Infraville Shoppers Limited	12 Nov 2014	Bangalore	Retail	2.00	333.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Mahabir Metallex Limited	27 Mar 2015	New Delhi	Steel	3.90	250.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Starlit Power Systems Limited	22 Oct 2014	New Delhi	Steel - Iron	2.95	180.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Hi-Tech Pipes Limited	25 Feb 2016	New Delhi	Steel - Tubes and Pipes	13.65	11.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Frog Cellsat Limited	13 Oct 2022	New Delhi	Telecom	41.57	10.93

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Mittal Life Style Ltd	02 Apr 2018	Mumbai	Textiles	4.41	24.00
Libas Designs Limited	09 Jan 2017	Mumbai	Textiles	13.60	48.00
Jet Knitwears Limited	07 Oct 2016	Kanpur	Textiles	4.22	31.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Arvee Laboratories (India) Limited	22 Feb 2018	Ahmedabad	Chemical - Speciality	8.91	52.00
HEC Infra Projects Limited	30 Mar 2016	Ahmedabad	Engineering - EPC	5.39	15.00
Wealth First Portfolio Managers Limited	30 Mar 2016	Ahmedabad	Banking and Finance	8.40	24.00
Ahimsa Industries Limited	15 Oct 2015	Ahmedabad	Agro - Sugar	3.80	0.00
Shaival Reality Limited	01 Oct 2015	Ahmedabad	Logistics	5.28	0.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
M K Proteins Limited	18 Apr 2017	Ambala	Agro - Food Products	10.23	53.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Pecos Hotels and Pubs Limited	11 Aug 2015	Bangalore	Hotels and Resorts	2.30	54.00
JLA Infraville Shoppers Limited	12 Nov 2014	Bangalore	Retail	2.00	333.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Pushpanjali Realms & Infratech Limited	10 Jul 2017	Haridwar	Real Estate - Residential and Commercial	14.55	35.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Husys Consulting Limited	27 Sep 2016	Hyderabad	Outsourcing	4.20	41.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
InfoBeans Technologies Limited	02 May 2017	Indore	Information Technology	36.78	13.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Marvel Decor Limited	23 Mar 2018	Jamnagar	Home Decor	26.26	34.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Jet Knitwears Limited	07 Oct 2016	Kanpur	Textiles	4.22	31.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Marshall Machines Limited	07 Sep 2018	Ludhiana	Engineering	16.25	12.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Homesfy Realty Limited	02 Jan 2023	Mumbai	Real Estate - Broking	15.86	10.87
Mittal Life Style Ltd	02 Apr 2018	Mumbai	Textiles	4.41	24.00
Brand Concepts Limited	10 Jan 2018	Mumbai	Retail	12.62
Pulz Electronics Limited	24 Nov 2017	Mumbai	Electric Equipments	3.92	9.22
Omfurn India Limited	13 Oct 2017	Mumbai	Furniture	4.17	9.70
Aarvi Encon Limited	05 Oct 2017	Mumbai	Human Resources and Manpower	21.24	15.00
Total Transport Systems Limited	07 Aug 2017	Mumbai	Logistics	17.01	11.00
Focus Lighting And Fixtures Limited	13 Apr 2017	Mumbai	Electric Equipments	4.05	5.00
Libas Designs Limited	09 Jan 2017	Mumbai	Textiles	13.60	48.00
Jet Freight Logistics Limited	06 Dec 2016	Mumbai	Logistics	4.07	15.00
Crown Lifters Limited	27 Sep 2016	Mumbai	Engineering - Heavy Machinery	6.68	10.00
Bothra Metals and Alloys Limited	25 Mar 2013	Mumbai	Aluminium	12.21	0.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Vinyas Innovative Technologies Limited	06 Oct 2023	Mysore	Electric Equipments - OEM	54.66	28.30

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Spectrum Talent Management Limited	22 Jun 2023	New Delhi	Human Resources and Manpower	105.14	15.00
Frog Cellsat Limited	13 Oct 2022	New Delhi	Telecom	41.57	10.93
P E Analytics Limited	04 Apr 2022	New Delhi	Information Technology - Data Solutions	31.60	14.56
Vivo Collaboration Solutions Limited	31 Dec 2021	New Delhi	Information Technology - SaaS	4.40	3.72
Bonlon Industries Limited	13 Jul 2020	New Delhi	Engineering	10.52	2.15
Five Core Electronics Limited	21 May 2018	New Delhi	Information Technology - Hardware	46.66	13.00
Servotech Power Systems Limited	24 Aug 2017	New Delhi	Electric Equipments	15.13	11.00
Jalan Transolutions (India) Limited	31 May 2017	New Delhi	Logistics	17.71	16.00
AVSL Industries Limited	06 Oct 2016	New Delhi	Plastic and Polymer	5.18	94.00
Hi-Tech Pipes Limited	25 Feb 2016	New Delhi	Steel - Tubes and Pipes	13.65	11.00
Fourth Dimension Solutions Limited	22 Jan 2016	New Delhi	Information Technology - Data Solutions	8.68	3.00
Mahabir Metallex Limited	27 Mar 2015	New Delhi	Steel	3.90	250.00
Starlit Power Systems Limited	22 Oct 2014	New Delhi	Steel - Iron	2.95	180.00
B C Power Controls Limited	14 Mar 2014	New Delhi	Cables and Wires	10.37	128.00
RCI Industries & Technologies Limited	21 Jan 2014	New Delhi	Cables and Wires	11.52	30.50
Tiger Logistics (India) Limited	12 Sep 2013	New Delhi	Logistics	7.52	8.20

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Digikore Studioslimited	04 Oct 2023	Pune	Film and Animation - VFX	30.48	9.99
Sanghvi Brands Limited	22 Nov 2017	Pune	Healthcare - Personal Care	18.96	0.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
D P Wires Limited	05 Oct 2017	Ratlam	Plastic and Polymer	26.88	20.00
Shri Ram Switchgears Limited	07 Jun 2017	Ratlam	Electric Equipments	5.07	9.80

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Akme Star Housing Finance Limited	20 Mar 2015	Udaipur	Banking and Finance	4.80	53.00

Company Name	IPO Year (Listed)	Offer Price	CMP	Current Market Performance %
Vinyas Innovative Technologies Limited	06 Oct 2023	165.00	779.45	372.4
Digikore Studioslimited	04 Oct 2023	171.00	282.15	65
Spectrum Talent Management Limited	22 Jun 2023	173.00	201.20	16.3
Homesfy Realty Limited	02 Jan 2023	197.00	513.00	160.4
Frog Cellsat Limited	13 Oct 2022	102.00	329.05	222.6
P E Analytics Limited	04 Apr 2022	114.00	281.00	146.5
Bonlon Industries Limited	13 Jul 2020	28.00	35.02	25.1
Marvel Decor Limited	23 Mar 2018	57.00	105.00	84.2
Arvee Laboratories (India) Limited	22 Feb 2018	61.00	159.72	161.8
Brand Concepts Limited	10 Jan 2018	45.00	449.05	897.9
Pulz Electronics Limited	24 Nov 2017	54.00	78.60	45.6
Omfurn India Limited	13 Oct 2017	23.00	79.30	244.8
D P Wires Limited	05 Oct 2017	75.00	373.10	397.5
Aarvi Encon Limited	05 Oct 2017	54.00	135.28	150.5
Servotech Power Systems Limited	24 Aug 2017	31.00	177.80	473.5
Total Transport Systems Limited	07 Aug 2017	45.00	72.20	60.4
InfoBeans Technologies Limited	02 May 2017	58.00	434.05	648.4
Focus Lighting And Fixtures Limited	13 Apr 2017	45.00	125.00	177.8
Jet Knitwears Limited	07 Oct 2016	39.00	114.00	192.3
AVSL Industries Limited	06 Oct 2016	36.00	185.00	413.9
Husys Consulting Limited	27 Sep 2016	69.00	85.15	23.4
Crown Lifters Limited	27 Sep 2016	121.00	241.00	99.2
HEC Infra Projects Limited	30 Mar 2016	100.00	130.35	30.4
Wealth First Portfolio Managers Limited	30 Mar 2016	50.00	1493.85	2887.7
Hi-Tech Pipes Limited	25 Feb 2016	50.00	165.81	231.6
Ahimsa Industries Limited	15 Oct 2015	25.00	60.75	143
Pecos Hotels and Pubs Limited	11 Aug 2015	50.00	289.95	479.9
Mahabir Metallex Limited	27 Mar 2015	10.00	47.11	371.1
Akme Star Housing Finance Limited	20 Mar 2015	30.00	35.67	18.9
Tiger Logistics (India) Limited	12 Sep 2013	66.00	68.16	3.3

Company Name	IPO Year (Listed)	Offer Price	CMP	Current Market Performance %
Vivo Collaboration Solutions Limited	31 Dec 2021	82.00	75.70	-7.7
Marshall Machines Limited	07 Sep 2018	42.00	21.79	-48.1
Five Core Electronics Limited	21 May 2018	140.00		-100
Mittal Life Style Ltd	02 Apr 2018	21.00	2.00	-90.5
Sanghvi Brands Limited	22 Nov 2017	69.00	15.42	-77.7
Pushpanjali Realms & Infratech Limited	10 Jul 2017	55.00	0.00	-100
Shri Ram Switchgears Limited	07 Jun 2017	19.00	10.10	-46.8
Jalan Transolutions (India) Limited	31 May 2017	46.00	4.85	-89.5
M K Proteins Limited	18 Apr 2017	70.00	7.82	-88.8
Libas Designs Limited	09 Jan 2017	68.00	16.59	-75.6
Jet Freight Logistics Limited	06 Dec 2016	28.00	14.45	-48.4
Fourth Dimension Solutions Limited	22 Jan 2016	30.00	0.00	-100
Shaival Reality Limited	01 Oct 2015	100.00	30.50	-69.5
JLA Infraville Shoppers Limited	12 Nov 2014	10.00	5.68	-43.2
Starlit Power Systems Limited	22 Oct 2014	18.00	2.58	-85.7
B C Power Controls Limited	14 Mar 2014	18.00	4.18	-76.8
RCI Industries & Technologies Limited	21 Jan 2014	40.00	7.66	-80.9
Bothra Metals and Alloys Limited	25 Mar 2013	25.00	10.03	-59.9

Company Name	IPO Year (Listed)	Listing Price	CMP	Current Market Performance %
Vinyas Innovative Technologies Limited	06 Oct 2023	346.50	779.45	124.9
Spectrum Talent Management Limited	22 Jun 2023	155.00	201.20	29.8
Homesfy Realty Limited	02 Jan 2023	275.05	513.00	86.5
Frog Cellsat Limited	13 Oct 2022	185.80	329.05	77.1
P E Analytics Limited	04 Apr 2022	168.50	281.00	66.8
Bonlon Industries Limited	13 Jul 2020	21.50	35.02	62.9
Marvel Decor Limited	23 Mar 2018	57.85	105.00	81.5
Arvee Laboratories (India) Limited	22 Feb 2018	62.50	159.72	155.6
Brand Concepts Limited	10 Jan 2018	54.00	449.05	731.6
Pulz Electronics Limited	24 Nov 2017	64.05	78.60	22.7
Omfurn India Limited	13 Oct 2017	22.85	79.30	247
D P Wires Limited	05 Oct 2017	75.00	373.10	397.5
Aarvi Encon Limited	05 Oct 2017	54.50	135.28	148.2
Servotech Power Systems Limited	24 Aug 2017	31.85	177.80	458.2
Total Transport Systems Limited	07 Aug 2017	54.00	72.20	33.7
InfoBeans Technologies Limited	02 May 2017	69.60	434.05	523.6
Focus Lighting And Fixtures Limited	13 Apr 2017	54.00	125.00	131.5
Jet Knitwears Limited	07 Oct 2016	46.80	114.00	143.6
AVSL Industries Limited	06 Oct 2016	36.00	185.00	413.9
Husys Consulting Limited	27 Sep 2016	60.60	85.15	40.5
Crown Lifters Limited	27 Sep 2016	109.00	241.00	121.1
HEC Infra Projects Limited	30 Mar 2016	97.90	130.35	33.1
Wealth First Portfolio Managers Limited	30 Mar 2016	51.50	1493.85	2800.7
Hi-Tech Pipes Limited	25 Feb 2016	50.00	165.81	231.6
Ahimsa Industries Limited	15 Oct 2015	26.00	60.75	133.7
Pecos Hotels and Pubs Limited	11 Aug 2015	53.25	289.95	444.5
Mahabir Metallex Limited	27 Mar 2015	10.10	47.11	366.4
Akme Star Housing Finance Limited	20 Mar 2015	31.75	35.67	12.3

Company Name	IPO Year (Listed)	Listing Price	CMP	Current Market Performance %
Digikore Studioslimited	04 Oct 2023	283.50	282.15	-0.5
Vivo Collaboration Solutions Limited	31 Dec 2021	337.35	75.70	-77.6
Marshall Machines Limited	07 Sep 2018	39.30	21.79	-44.6
Five Core Electronics Limited	21 May 2018	145.50		-100
Mittal Life Style Ltd	02 Apr 2018	21.00	2.00	-90.5
Sanghvi Brands Limited	22 Nov 2017	82.80	15.42	-81.4
Pushpanjali Realms & Infratech Limited	10 Jul 2017	55.45	0.00	-100
Shri Ram Switchgears Limited	07 Jun 2017	22.80	10.10	-55.7
Jalan Transolutions (India) Limited	31 May 2017	41.95	4.85	-88.4
M K Proteins Limited	18 Apr 2017	72.00	7.82	-89.1
Libas Designs Limited	09 Jan 2017	71.40	16.59	-76.8
Jet Freight Logistics Limited	06 Dec 2016	33.60	14.45	-57
Fourth Dimension Solutions Limited	22 Jan 2016	36.00	0.00	-100
Shaival Reality Limited	01 Oct 2015	100.50	30.50	-69.7
JLA Infraville Shoppers Limited	12 Nov 2014	11.60	5.68	-51
Starlit Power Systems Limited	22 Oct 2014	18.95	2.58	-86.4
B C Power Controls Limited	14 Mar 2014	18.10	4.18	-76.9
RCI Industries & Technologies Limited	21 Jan 2014	38.05	7.66	-79.9
Tiger Logistics (India) Limited	12 Sep 2013	69.10	68.16	-1.4
Bothra Metals and Alloys Limited	25 Mar 2013	25.00	10.03	-59.9

Company Name	IPO Year (Listed)	Exchange	PE Ratio	IPO Size (Cr.)
Vinyas Innovative Technologies Limited	06 Oct 2023	NSE EMERGE	28.30	54.66
Digikore Studioslimited	04 Oct 2023	NSE EMERGE	9.99	30.48
Spectrum Talent Management Limited	22 Jun 2023	NSE EMERGE	15.00	105.14
Homesfy Realty Limited	02 Jan 2023	NSE EMERGE	10.87	15.86
Frog Cellsat Limited	13 Oct 2022	NSE EMERGE	10.93	41.57
P E Analytics Limited	04 Apr 2022	NSE EMERGE	14.56	31.60
Vivo Collaboration Solutions Limited	31 Dec 2021	NSE EMERGE	3.72	4.40
Marshall Machines Limited	07 Sep 2018	NSE EMERGE	12.00	16.25
Five Core Electronics Limited	21 May 2018	NSE EMERGE	13.00	46.66
Mittal Life Style Ltd	02 Apr 2018	NSE EMERGE	24.00	4.41
Marvel Decor Limited	23 Mar 2018	NSE EMERGE	34.00	26.26
Arvee Laboratories (India) Limited	22 Feb 2018	NSE EMERGE	52.00	8.91
Brand Concepts Limited	10 Jan 2018	NSE EMERGE		12.62
Pulz Electronics Limited	24 Nov 2017	NSE EMERGE	9.22	3.92
Omfurn India Limited	13 Oct 2017	NSE EMERGE	9.70	4.17
D P Wires Limited	05 Oct 2017	NSE EMERGE	20.00	26.88
Aarvi Encon Limited	05 Oct 2017	NSE EMERGE	15.00	21.24
Servotech Power Systems Limited	24 Aug 2017	NSE EMERGE	11.00	15.13
Total Transport Systems Limited	07 Aug 2017	NSE EMERGE	11.00	17.01
Pushpanjali Realms & Infratech Limited	10 Jul 2017	NSE EMERGE	35.00	14.55
Shri Ram Switchgears Limited	07 Jun 2017	NSE EMERGE	9.80	5.07
Jalan Transolutions (India) Limited	31 May 2017	NSE EMERGE	16.00	17.71
InfoBeans Technologies Limited	02 May 2017	NSE EMERGE	13.00	36.78
M K Proteins Limited	18 Apr 2017	NSE EMERGE	53.00	10.23
Focus Lighting And Fixtures Limited	13 Apr 2017	NSE EMERGE	5.00	4.05
Libas Designs Limited	09 Jan 2017	NSE EMERGE	48.00	13.60
Jet Freight Logistics Limited	06 Dec 2016	NSE EMERGE	15.00	4.07
Jet Knitwears Limited	07 Oct 2016	NSE EMERGE	31.00	4.22
AVSL Industries Limited	06 Oct 2016	NSE EMERGE	94.00	5.18
Husys Consulting Limited	27 Sep 2016	NSE EMERGE	41.00	4.20
Crown Lifters Limited	27 Sep 2016	NSE EMERGE	10.00	6.68
HEC Infra Projects Limited	30 Mar 2016	NSE EMERGE	15.00	5.39
Wealth First Portfolio Managers Limited	30 Mar 2016	NSE EMERGE	24.00	8.40
Hi-Tech Pipes Limited	25 Feb 2016	NSE EMERGE	11.00	13.65
Fourth Dimension Solutions Limited	22 Jan 2016	NSE EMERGE	3.00	8.68
Ahimsa Industries Limited	15 Oct 2015	NSE EMERGE	0.00	3.80
Shaival Reality Limited	01 Oct 2015	NSE EMERGE	0.00	5.28

Company Name	IPO Year (Listed)	Exchange	PE Ratio	IPO Size (Cr.)
Bonlon Industries Limited	13 Jul 2020	BSE SME	2.15	10.52
Sanghvi Brands Limited	22 Nov 2017	BSE SME	0.00	18.96
Pecos Hotels and Pubs Limited	11 Aug 2015	BSE SME	54.00	2.30
Mahabir Metallex Limited	27 Mar 2015	BSE SME	250.00	3.90
Akme Star Housing Finance Limited	20 Mar 2015	BSE SME	53.00	4.80
JLA Infraville Shoppers Limited	12 Nov 2014	BSE SME	333.00	2.00
Starlit Power Systems Limited	22 Oct 2014	BSE SME	180.00	2.95
B C Power Controls Limited	14 Mar 2014	BSE SME	128.00	10.37
RCI Industries & Technologies Limited	21 Jan 2014	BSE SME	30.50	11.52
Tiger Logistics (India) Limited	12 Sep 2013	BSE SME	8.20	7.52
Bothra Metals and Alloys Limited	25 Mar 2013	BSE SME	0.00	12.21

Company Name	IPO Year (Listed)	IPO Size (Cr.)	Exchange	MIgration date
Bonlon Industries Limited	13 Jul 2020	10.52	BSE SME	-
Marshall Machines Limited	07 Sep 2018	16.25	NSE EMERGE	22 Nov 2021
Mittal Life Style Ltd	02 Apr 2018	4.41	NSE EMERGE	29 Apr 2020
Arvee Laboratories (India) Limited	22 Feb 2018	8.91	NSE EMERGE	22 Mar 2021
Brand Concepts Limited	10 Jan 2018	12.62	NSE EMERGE	11 Jan 2022
D P Wires Limited	05 Oct 2017	26.88	NSE EMERGE	17 Jan 2020
Aarvi Encon Limited	05 Oct 2017	21.24	NSE EMERGE	24 Jun 2020
Servotech Power Systems Limited	24 Aug 2017	15.13	NSE EMERGE	02 Sep 2021
Total Transport Systems Limited	07 Aug 2017	17.01	NSE EMERGE	28 Aug 2020
InfoBeans Technologies Limited	02 May 2017	36.78	NSE EMERGE	15 Jul 2019
M K Proteins Limited	18 Apr 2017	10.23	NSE EMERGE	13 Jun 2023
Focus Lighting And Fixtures Limited	13 Apr 2017	4.05	NSE EMERGE	24 Nov 2021
Libas Designs Limited	09 Jan 2017	13.60	NSE EMERGE	23 Jul 2019
Jet Freight Logistics Limited	06 Dec 2016	4.07	NSE EMERGE	21 Dec 2021
Crown Lifters Limited	27 Sep 2016	6.68	NSE EMERGE	08 Feb 2022
HEC Infra Projects Limited	30 Mar 2016	5.39	NSE EMERGE	30 Dec 2021
Wealth First Portfolio Managers Limited	30 Mar 2016	8.40	NSE EMERGE	20 Jan 2021
Hi-Tech Pipes Limited	25 Feb 2016	13.65	NSE EMERGE	07 May 2018
Akme Star Housing Finance Limited	20 Mar 2015	4.80	BSE SME	-
Starlit Power Systems Limited	22 Oct 2014	2.95	BSE SME	-
B C Power Controls Limited	14 Mar 2014	10.37	BSE SME	-
RCI Industries & Technologies Limited	21 Jan 2014	11.52	BSE SME	-
Tiger Logistics (India) Limited	12 Sep 2013	7.52	BSE SME	-

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Sarthi Capital Advisors Private Limited ★★★★☆

Sarthi Capital Advisors is a SEBI Registered Category I Merchant Banker located in New Delhi. They provide services in various areas of capital markets which include Merchant Banking Services, corporate Advisory and transactional services.

Incorporation Year 2012

City New Delhi

Website https://www.sarthi.in/

SME IPOs so far 48

SME IPOs listing on Exchange

NSE Emerge 37 (77%)

BSE SME 11 (23%)

SME IPOs by Listing

Gain 34 (71%)

Loss14 (29%)

Latest SME IPOs

Vinyas Innovative Technologies Limited

Sector : Electric Equipments

Exchange : NSE EMERGE

Listing Date : 06 Oct 2023

IPO Size : 54.66 Cr.

Subscribed : 43.24 x

Listing Gain : 110.00 %

Digikore Studioslimited

Sector : Film and Animation -

Exchange : NSE EMERGE

Listing Date : 04 Oct 2023

IPO Size : 30.48 Cr.

Subscribed : 281.58 x

Listing Gain : 65.79 %

Spectrum Talent Management Limited

Sector : Human Resources and

Exchange : NSE EMERGE

Listing Date : 22 Jun 2023

IPO Size : 105.14 Cr.

Subscribed : 12.27 x

Listing Gain : -10.40 %

Homesfy Realty Limited

Sector : Real Estate - Brokin

Exchange : NSE EMERGE

Listing Date : 02 Jan 2023

IPO Size : 15.86 Cr.

Subscribed : 21.69 x

Listing Gain : 39.62 %

Frog Cellsat Limited

Sector : Telecom

Exchange : NSE EMERGE

Listing Date : 13 Oct 2022

IPO Size : 41.57 Cr.

Subscribed : 21.06 x

Listing Gain : 82.16 %

P E Analytics Limited

Sector : Information Technolo

Exchange : NSE EMERGE

Listing Date : 04 Apr 2022

IPO Size : 31.60 Cr.

Subscribed : 46.34 x

Listing Gain : 47.81 %

Vivo Collaboration Solutions Limited

Sector : Information Technolo

Exchange : NSE EMERGE

Listing Date : 31 Dec 2021

IPO Size : 4.40 Cr.

Subscribed : 282.97 x

Listing Gain : 311.40 %

Bonlon Industries Limited

Sector : Engineering

Exchange : BSE SME

Listing Date : 13 Jul 2020

IPO Size : 10.52 Cr.

Subscribed : 1.36 x

Listing Gain : -23.21 %

Marshall Machines Limited

Sector : Engineering

Exchange : NSE EMERGE

Listing Date : 07 Sep 2018

IPO Size : 16.25 Cr.

Subscribed : 2.25 x

Listing Gain : -6.43 %

Five Core Electronics Limited

Sector : Information Technolo

Exchange : NSE EMERGE

Listing Date : 21 May 2018

IPO Size : 46.66 Cr.

Subscribed : 0.55 x

Listing Gain : 3.93 %

Mittal Life Style Ltd

Sector : Textiles

Exchange : NSE EMERGE

Listing Date : 02 Apr 2018

IPO Size : 4.41 Cr.

Subscribed : 1.47 x

Listing Gain : 0.00 %

Marvel Decor Limited

Sector : Home Decor

Exchange : NSE EMERGE

Listing Date : 23 Mar 2018

IPO Size : 26.26 Cr.

Subscribed : 1.54 x

Listing Gain : 1.49 %

Arvee Laboratories (India) Limited

Sector : Chemical - Specialit

Exchange : NSE EMERGE

Listing Date : 22 Feb 2018

IPO Size : 8.91 Cr.

Subscribed : 2.90 x

Listing Gain : 2.46 %

Brand Concepts Limited

Sector : Retail

Exchange : NSE EMERGE

Listing Date : 10 Jan 2018

IPO Size : 12.62 Cr.

Subscribed : 11.78 x

Listing Gain : 20.00 %

Pulz Electronics Limited

Sector : Electric Equipments

Exchange : NSE EMERGE

Listing Date : 24 Nov 2017

IPO Size : 3.92 Cr.

Subscribed : 0.00 x

Listing Gain : 18.61 %

Sanghvi Brands Limited

Sector : Healthcare - Persona

Exchange : BSE SME

Listing Date : 22 Nov 2017

IPO Size : 18.96 Cr.

Subscribed : 0.00 x

Listing Gain : 20.00 %

Omfurn India Limited

Sector : Furniture

Exchange : NSE EMERGE

Listing Date : 13 Oct 2017

IPO Size : 4.17 Cr.

Subscribed : 0.00 x

Listing Gain : -0.65 %

D P Wires Limited

Sector : Plastic and Polymer

Exchange : NSE EMERGE

Listing Date : 05 Oct 2017

IPO Size : 26.88 Cr.

Subscribed : 0.00 x

Listing Gain : 0.00 %

Aarvi Encon Limited

Sector : Human Resources and

Exchange : NSE EMERGE

Listing Date : 05 Oct 2017

IPO Size : 21.24 Cr.

Subscribed : 0.00 x

Listing Gain : 0.93 %

Servotech Power Systems Limited

Sector : Electric Equipments

Exchange : NSE EMERGE

Listing Date : 24 Aug 2017

IPO Size : 15.13 Cr.

Subscribed : 0.00 x

Listing Gain : 2.74 %

Total Transport Systems Limited

Sector : Logistics

Exchange : NSE EMERGE

Listing Date : 07 Aug 2017

IPO Size : 17.01 Cr.

Subscribed : 0.00 x

Listing Gain : 20.00 %

Pushpanjali Realms & Infratech Limited

Sector : Real Estate - Reside

Exchange : NSE EMERGE

Listing Date : 10 Jul 2017

IPO Size : 14.55 Cr.

Subscribed : 0.00 x

Listing Gain : 0.82 %

Shri Ram Switchgears Limited

Sector : Electric Equipments

Exchange : NSE EMERGE

Listing Date : 07 Jun 2017

IPO Size : 5.07 Cr.

Subscribed : 0.00 x

Listing Gain : 20.00 %

Jalan Transolutions (India) Limited

Sector : Logistics

Exchange : NSE EMERGE

Listing Date : 31 May 2017

IPO Size : 17.71 Cr.

Subscribed : 0.00 x

Listing Gain : -8.80 %

InfoBeans Technologies Limited

Sector : Information Technolo

Exchange : NSE EMERGE

Listing Date : 02 May 2017

IPO Size : 36.78 Cr.

Subscribed : 0.00 x

Listing Gain : 20.00 %

M K Proteins Limited

Sector : Agro - Food Products

Exchange : NSE EMERGE

Listing Date : 18 Apr 2017

IPO Size : 10.23 Cr.

Subscribed : 0.00 x

Listing Gain : 2.86 %

Focus Lighting And Fixtures Limited

Sector : Electric Equipments

Exchange : NSE EMERGE

Listing Date : 13 Apr 2017

IPO Size : 4.05 Cr.

Subscribed : 0.00 x

Listing Gain : 20.00 %

Libas Designs Limited

Sector : Textiles

Exchange : NSE EMERGE

Listing Date : 09 Jan 2017

IPO Size : 13.60 Cr.

Subscribed : 0.00 x

Listing Gain : 5.00 %

Jet Freight Logistics Limited

Sector : Logistics

Exchange : NSE EMERGE

Listing Date : 06 Dec 2016

IPO Size : 4.07 Cr.

Subscribed : 0.00 x

Listing Gain : 20.00 %

Jet Knitwears Limited

Sector : Textiles

Exchange : NSE EMERGE

Listing Date : 07 Oct 2016

IPO Size : 4.22 Cr.

Subscribed : 0.00 x

Listing Gain : 20.00 %

AVSL Industries Limited

Sector : Plastic and Polymer

Exchange : NSE EMERGE

Listing Date : 06 Oct 2016

IPO Size : 5.18 Cr.

Subscribed : 0.00 x

Listing Gain : 0.00 %

Husys Consulting Limited

Sector : Outsourcing

Exchange : NSE EMERGE

Listing Date : 27 Sep 2016

IPO Size : 4.20 Cr.

Subscribed : 0.00 x

Listing Gain : -12.17 %

Crown Lifters Limited

Sector : Engineering - Heavy

Exchange : NSE EMERGE

Listing Date : 27 Sep 2016

IPO Size : 6.68 Cr.

Subscribed : 0.00 x

Listing Gain : -9.92 %

HEC Infra Projects Limited

Sector : Engineering - EPC

Exchange : NSE EMERGE

Listing Date : 30 Mar 2016

IPO Size : 5.39 Cr.

Subscribed : 0.00 x

Listing Gain : -2.10 %

Wealth First Portfolio Managers Limited

Sector : Banking and Finance

Exchange : NSE EMERGE

Listing Date : 30 Mar 2016

IPO Size : 8.40 Cr.

Subscribed : 0.00 x

Listing Gain : 3.00 %

Hi-Tech Pipes Limited

Sector : Steel - Tubes and Pi

Exchange : NSE EMERGE

Listing Date : 25 Feb 2016

IPO Size : 13.65 Cr.

Subscribed : 0.00 x

Listing Gain : 0.00 %

Fourth Dimension Solutions Limited

Sector : Information Technolo

Exchange : NSE EMERGE

Listing Date : 22 Jan 2016

IPO Size : 8.68 Cr.

Subscribed : 0.00 x

Listing Gain : 20.00 %

Ahimsa Industries Limited

Sector : Agro - Sugar

Exchange : NSE EMERGE

Listing Date : 15 Oct 2015

IPO Size : 3.80 Cr.

Subscribed : 0.00 x

Listing Gain : 4.00 %

Shaival Reality Limited

Sector : Logistics

Exchange : NSE EMERGE

Listing Date : 01 Oct 2015

IPO Size : 5.28 Cr.

Subscribed : 0.00 x

Listing Gain : 0.50 %

Pecos Hotels and Pubs Limited

Sector : Hotels and Resorts

Exchange : BSE SME

Listing Date : 11 Aug 2015

IPO Size : 2.30 Cr.

Subscribed : 0.00 x

Listing Gain : 6.50 %

Mahabir Metallex Limited

Sector : Steel

Exchange : BSE SME

Listing Date : 27 Mar 2015

IPO Size : 3.90 Cr.

Subscribed : 0.00 x

Listing Gain : 1.00 %

Akme Star Housing Finance Limited

Sector : Banking and Finance

Exchange : BSE SME

Listing Date : 20 Mar 2015

IPO Size : 4.80 Cr.

Subscribed : 0.00 x

Listing Gain : 5.83 %

JLA Infraville Shoppers Limited

Sector : Retail

Exchange : BSE SME

Listing Date : 12 Nov 2014

IPO Size : 2.00 Cr.

Subscribed : 0.00 x

Listing Gain : 16.00 %

Starlit Power Systems Limited

Sector : Steel - Iron

Exchange : BSE SME

Listing Date : 22 Oct 2014

IPO Size : 2.95 Cr.

Subscribed : 0.00 x

Listing Gain : 5.28 %

B C Power Controls Limited

Sector : Cables and Wires

Exchange : BSE SME

Listing Date : 14 Mar 2014

IPO Size : 10.37 Cr.

Subscribed : 0.00 x

Listing Gain : 0.56 %

RCI Industries & Technologies Limited

Sector : Cables and Wires

Exchange : BSE SME

Listing Date : 21 Jan 2014

IPO Size : 11.52 Cr.

Subscribed : 0.00 x

Listing Gain : -4.88 %

Tiger Logistics (India) Limited

Sector : Logistics

Exchange : BSE SME

Listing Date : 12 Sep 2013

IPO Size : 7.52 Cr.

Subscribed : 0.00 x

Listing Gain : 4.70 %

Bothra Metals and Alloys Limited

Sector : Aluminium

Exchange : BSE SME

Listing Date : 25 Mar 2013

IPO Size : 12.21 Cr.

Subscribed : 0.00 x

Listing Gain : 0.00 %

SME IPOs by Subscription

Subscribed upto 5 times 39 (81%)

Subscribed 5 to 25 times 4 (8%)

Subscribed 25 to 50 times2 (4%)

Subscribed 50 to 100 times 0 (0%)

Subscribed more than 100 times2 (4%)

SME IPOs by IPO Size

Very Small (< 5 Cr) 14 (29%)

Small (5-10 Cr) 9 (19%)

Medium (10-25 Cr) 16 (33%)

Large (25-50 Cr) 7 (15%)

Very Large (>50 Cr)2 (4%)

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SME IPOs by PE

Low (1-10) 10 (21%)

Average (10-20) 15 (31%)

Moderately High (20-30) 3 (6%)

Very High (30-50) 6 (13%)

Extreme (50+)10 (21%)

NA 4 (8%)

SME IPOs by City

Ahmedabad 5

Ambala 1

Bangalore 2

Haridwar 1

Hyderabad 1

Indore 1

Jamnagar 1

Kanpur 1

Ludhiana 1

Mumbai 12

Mysore 1

New Delhi 16

Pune 2

Ratlam 2

Udaipur 1

SME IPOs by Sector

Agro - Food Products 1

Agro - Sugar 1

Aluminium 1

Banking and Finance 2

Cables and Wires 2

Chemical - Speciality 1

Electric Equipments 4

Electric Equipments - OEM 1

Engineering 2

Engineering - EPC 1

Engineering - Heavy Machinery 1

Film and Animation - VFX 1

Furniture 1

Healthcare - Personal Care 1

Home Decor 1

Hotels and Resorts 1

Human Resources and Manpower 2

Information Technology 1

Information Technology - Data Solutions 2

Information Technology - Hardware 1

Information Technology - SaaS 1

Logistics 5

Outsourcing 1

Plastic and Polymer 2

Real Estate - Broking 1

Real Estate - Residential and Commercial 1

Retail 2

Steel 1

Steel - Iron 1

Steel - Tubes and Pipes 1

Telecom 1

Textiles 3

SME IPOs by Post Listing Performance

Offer Price Vs Current Market Price

Gain 30 (63%)

Loss 18 (38%)

Listing Price Vs Current Market Price

Gain 28 (58%)

Loss 20 (42%)

SME IPOs migrated to Mainboard23

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SME IPOs so far 48

SME IPOs listing on Exchange

SME IPOs by Listing

Latest SME IPOs

Vinyas Innovative Technologies Limited

Digikore Studioslimited

Spectrum Talent Management Limited

Homesfy Realty Limited

Frog Cellsat Limited

P E Analytics Limited

Vivo Collaboration Solutions Limited

Bonlon Industries Limited

Marshall Machines Limited

Five Core Electronics Limited

Mittal Life Style Ltd

Marvel Decor Limited

Arvee Laboratories (India) Limited

Brand Concepts Limited

Pulz Electronics Limited

Sanghvi Brands Limited

Omfurn India Limited

D P Wires Limited

Aarvi Encon Limited

Servotech Power Systems Limited

Total Transport Systems Limited

Pushpanjali Realms & Infratech Limited

Shri Ram Switchgears Limited

Jalan Transolutions (India) Limited

InfoBeans Technologies Limited

M K Proteins Limited

Focus Lighting And Fixtures Limited

Libas Designs Limited

Jet Freight Logistics Limited

Jet Knitwears Limited

AVSL Industries Limited

Husys Consulting Limited

Crown Lifters Limited

HEC Infra Projects Limited

Wealth First Portfolio Managers Limited

Hi-Tech Pipes Limited

Fourth Dimension Solutions Limited

Ahimsa Industries Limited

Shaival Reality Limited

Pecos Hotels and Pubs Limited

Mahabir Metallex Limited

Akme Star Housing Finance Limited

JLA Infraville Shoppers Limited

Starlit Power Systems Limited

B C Power Controls Limited

RCI Industries & Technologies Limited

Tiger Logistics (India) Limited

Bothra Metals and Alloys 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 Mainboard23

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SME IPO?

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