35 Total SME IPOs listed in 2025

1636.98 Crs. Total funds raised in 2025

27 SME IPOs listed with Gain in 2025

8 SME IPOs listed with loss in 2025

35 Total SME IPOs listed in 2025

1636.98 Crs. Total funds raised in 2025

27 SME IPOs listed with Gain in 2025

8 SME IPOs listed with loss in 2025

35 Total SME IPOs listed in 2025

1636.98 Crs. Total funds raised in 2025

27 SME IPOs listed with Gain in 2025

8 SME IPOs listed with loss in 2025

35 Total SME IPOs listed in 2025

1636.98 Crs. Total funds raised in 2025

27 SME IPOs listed with Gain in 2025

8 SME IPOs listed with loss in 2025

Company Name	IPO Year (Listed)	IPO Size (Cr.)	PE Ratio
Solarium Green Energy Limited	13 Feb 2025	105.04	26.36
H.M. Electro Mech Limited	31 Jan 2025	27.74	15.39
B.R.Goyal Infrastructure Limited	14 Jan 2025	85.21	55.13
Parmeshwar Metal Limited	09 Jan 2025	24.74	9.55
Anya Polytech & Fertilizers Limited	02 Jan 2025	44.80	9.26
Toss the Coin Limited	17 Dec 2024	9.17	14.81
Nisus Finance Services Co Limited	11 Dec 2024	114.24	12.86
C2C Advanced Systems Limited	03 Dec 2024	99.07	19.33
SD Retail Limited	27 Sep 2024	64.98	32.28
Mach Conferences and Events Limited	11 Sep 2024	125.28	18.08
Indian Phosphate Limited	03 Sep 2024	67.36	20.44
Positron Energy Limited	20 Aug 2024	51.21	21.62
Ashapura Logistics Limited	06 Aug 2024	52.66	15.80
V.L.Infraprojects Limited	30 Jul 2024	18.52	10.75
Sati Poly Plast Limited	22 Jul 2024	17.36	19.57
Dindigul Farm Product Limited	27 Jun 2024	34.83	16.81
United Cotfab Limited	24 Jun 2024	36.29	13.88
Beacon Trusteeship Limited	04 Jun 2024	32.52	20.99
Rulka Electricals Limited	24 May 2024	26.40	16.21
Piotex Industries Limited	17 May 2024	14.47	15.95
Winsol Engineers Limited	14 May 2024	23.36	9.58
Emmforce Autotech Limited	30 Apr 2024	53.90	22.90
Greenhitech Ventures Limited	22 Apr 2024	6.30	54.95
TAC Infosec Limited	05 Apr 2024	29.99	28.50
KP Green Engineering Limited	22 Mar 2024	189.50	31.95
Pratham EPC Projects Limited	18 Mar 2024	36.00	12.72
V R Infraspace Limited	12 Mar 2024	20.40	42.15
Rudra Gas Enterprise Limited	15 Feb 2024	14.16	12.39
Fonebox Retail Limited	02 Feb 2024	20.37	44.93
Konstelec Engineers Limited	30 Jan 2024	28.70	11.59
Australian Premium Solar (India) Limited	18 Jan 2024	28.08	31.40
Indifra Limited	29 Dec 2023	14.04	342.00
Benchmark Computer Solutions Limited	21 Dec 2023	12.24	23.66
Sheetal Universal Limited	11 Dec 2023	23.80	17.81
Rajgor Castor Derivatives Limited	31 Oct 2023	47.81	15.48
Arvind and Company Shipping Agencies Limited	25 Oct 2023	14.74	8.01
Karnika Industries Limited	12 Oct 2023	25.07	11.06
Hi-Green Carbon Limited	28 Sep 2023	52.80	17.28
Kody Technolab Limited	27 Sep 2023	27.52	32.06
Chavda Infra Limited	25 Sep 2023	43.26	13.29
Vinsys IT Services Limited	11 Aug 2023	49.84	12.51
Shri Techtex Limited	04 Aug 2023	45.14	16.71
Ahasolar Technologies Limited	21 Jul 2023	12.85	27.45
Pentagon Rubber Limited	07 Jul 2023	16.17	18.76
Remus Pharmaceuticals Limited	29 May 2023	47.69	21.09
Sotac Pharmaceuticals Limited	13 Apr 2023	33.30	132.14
Dev Labtech Venture Limited	29 Mar 2023	11.22	32.90
Vertexplus Technologies Limited	15 Mar 2023	14.20	28.83
Viaz Tyres Limited	01 Mar 2023	20.00	24.90
Transvoy Logistics India Limited	02 Feb 2023	5.11	34.63
Aristo Bio-Tech and Lifescience Limited	30 Jan 2023	13.05	9.46
RBM Infracon Limited	04 Jan 2023	8.37	11.61
Vital Chemtech Limited	14 Nov 2022	64.64	14.94
Trident Lifeline Limited	10 Oct 2022	35.34	51.53
Kandarp Digi Smart BPO Limited	28 Sep 2022	8.10	28.57
Viviana Power Tech Limited	16 Sep 2022	8.80	11.29
Jay Jalaram Technologies Limited	08 Sep 2022	10.80	46.00
Mangalam Worldwide Limited	11 Jul 2022	65.58	20.12
Shashwat Furnishing Solutions Limited	04 May 2022	2.51	53.60
Kotyark Industries Limited	02 Nov 2021	11.26	27.00
DK Enterprises Global Limited	22 Oct 2021	7.99	7.51
Samor Reality Limited	13 Oct 2021	8.06	269.57
Quadpro ITeS Limited	30 Sep 2021	14.10	68.96
Walpar Nutritions Limited	13 Jul 2021	6.60	64.00
Abhishek Integrations Limited	21 Jun 2021	4.95	125.00
MRP Agro Limited	18 Feb 2021	3.24	41.60
Sigma Solve Limited	19 Oct 2020	4.95	9.53
Laxmi Goldorna House Limited	16 Apr 2020	8.28	39.00
Chandra Bhagat Pharma Ltd	14 Feb 2020	10.20	51.00
Axita Cotton Limited	10 Jan 2019	10.51	30.00
Shubham Polyspin Limited	12 Oct 2018	6.00	15.00
Ranjeet Mechatronics Limited	26 Sep 2018	4.50	18.00

Company Name	IPO Year (Listed)	Offer Price	Listing Price	Listing Gain (%)
Solarium Green Energy Limited	13 Feb 2025	191.00	202.00	5.76
H.M. Electro Mech Limited	31 Jan 2025	75.00	81.00	8.00
B.R.Goyal Infrastructure Limited	14 Jan 2025	135.00	135.75	0.56
Parmeshwar Metal Limited	09 Jan 2025	61.00	84.50	38.52
Anya Polytech & Fertilizers Limited	02 Jan 2025	14.00	17.10	22.14
Toss the Coin Limited	17 Dec 2024	182.00	345.80	90.00
Nisus Finance Services Co Limited	11 Dec 2024	180.00	236.25	31.25
C2C Advanced Systems Limited	03 Dec 2024	226.00	450.85	99.49
SD Retail Limited	27 Sep 2024	131.00	145.00	10.69
Mach Conferences and Events Limited	11 Sep 2024	225.00	295.55	31.36
Indian Phosphate Limited	03 Sep 2024	99.00	178.70	80.51
Positron Energy Limited	20 Aug 2024	250.00	498.75	99.50
Ashapura Logistics Limited	06 Aug 2024	144.00	185.00	28.47
V.L.Infraprojects Limited	30 Jul 2024	42.00	83.75	99.40
Sati Poly Plast Limited	22 Jul 2024	130.00	259.35	99.50
Dindigul Farm Product Limited	27 Jun 2024	54.00	107.73	99.50
United Cotfab Limited	24 Jun 2024	70.00	78.75	12.50
Beacon Trusteeship Limited	04 Jun 2024	60.00	94.50	57.50
Rulka Electricals Limited	24 May 2024	235.00	498.75	112.23
Piotex Industries Limited	17 May 2024	94.00	114.30	21.60
Winsol Engineers Limited	14 May 2024	75.00	383.25	411.00
Emmforce Autotech Limited	30 Apr 2024	98.00	195.51	99.50
Greenhitech Ventures Limited	22 Apr 2024	50.00	99.75	99.50
TAC Infosec Limited	05 Apr 2024	106.00	304.50	187.26
KP Green Engineering Limited	22 Mar 2024	144.00	210.00	45.83
Pratham EPC Projects Limited	18 Mar 2024	75.00	118.95	58.60
V R Infraspace Limited	12 Mar 2024	85.00	87.40	2.82
Rudra Gas Enterprise Limited	15 Feb 2024	63.00	125.68	99.49
Fonebox Retail Limited	02 Feb 2024	70.00	210.00	200.00
Konstelec Engineers Limited	30 Jan 2024	70.00	220.50	215.00
Australian Premium Solar (India) Limited	18 Jan 2024	54.00	147.00	172.22
Indifra Limited	29 Dec 2023	65.00	72.00	10.77
Benchmark Computer Solutions Limited	21 Dec 2023	66.00	80.00	21.21
Sheetal Universal Limited	11 Dec 2023	70.00	75.40	7.71
Rajgor Castor Derivatives Limited	31 Oct 2023	50.00	61.10	22.20
Arvind and Company Shipping Agencies Limited	25 Oct 2023	45.00	80.05	77.89
Karnika Industries Limited	12 Oct 2023	76.00	82.60	8.68
Hi-Green Carbon Limited	28 Sep 2023	75.00	80.85	7.80
Kody Technolab Limited	27 Sep 2023	160.00	178.50	11.56
Chavda Infra Limited	25 Sep 2023	65.00	86.45	33.00
Vinsys IT Services Limited	11 Aug 2023	128.00	217.60	70.00
Shri Techtex Limited	04 Aug 2023	61.00	85.20	39.67
Ahasolar Technologies Limited	21 Jul 2023	157.00	213.15	35.76
Pentagon Rubber Limited	07 Jul 2023	70.00	130.00	85.71
Remus Pharmaceuticals Limited	29 May 2023	1229.00	1711.00	39.22
Sotac Pharmaceuticals Limited	13 Apr 2023	111.00	115.00	3.60
Vertexplus Technologies Limited	15 Mar 2023	96.00	101.00	5.21
Viaz Tyres Limited	01 Mar 2023	62.00	68.00	9.68
Aristo Bio-Tech and Lifescience Limited	30 Jan 2023	72.00	80.00	11.11
RBM Infracon Limited	04 Jan 2023	36.00	52.50	45.83
Vital Chemtech Limited	14 Nov 2022	101.00	163.10	61.49
Trident Lifeline Limited	10 Oct 2022	101.00	108.15	7.08
Viviana Power Tech Limited	16 Sep 2022	55.00	94.50	71.82
Jay Jalaram Technologies Limited	08 Sep 2022	36.00	52.50	45.83
Mangalam Worldwide Limited	11 Jul 2022	101.00	102.55	1.53
Shashwat Furnishing Solutions Limited	04 May 2022	45.00	45.30	0.67
DK Enterprises Global Limited	22 Oct 2021	40.00	43.30	8.25
Samor Reality Limited	13 Oct 2021	62.00	62.45	0.73
Walpar Nutritions Limited	13 Jul 2021	55.00	59.95	9.00
Sigma Solve Limited	19 Oct 2020	45.00	45.10	0.22
Chandra Bhagat Pharma Ltd	14 Feb 2020	51.00	51.76	1.49
Axita Cotton Limited	10 Jan 2019	60.00	62.10	3.50
Shubham Polyspin Limited	12 Oct 2018	40.00	43.85	9.63
Ranjeet Mechatronics Limited	26 Sep 2018	25.00	28.85	15.40

Company Name	IPO Year (Listed)	Offer Price	Listing Price	Listing Gain (%)
Dev Labtech Venture Limited	29 Mar 2023	51.00	51.00	0.00
Transvoy Logistics India Limited	02 Feb 2023	71.00	71.00	0.00
Kandarp Digi Smart BPO Limited	28 Sep 2022	30.00	28.50	-5.00
Kotyark Industries Limited	02 Nov 2021	51.00	48.45	-5.00
Quadpro ITeS Limited	30 Sep 2021	20.00	19.80	-1.00
Abhishek Integrations Limited	21 Jun 2021	50.00	40.00	-20.00
MRP Agro Limited	18 Feb 2021	40.00	39.75	-0.63
Laxmi Goldorna House Limited	16 Apr 2020	15.00	15.00	0.00

Company Name	IPO Year (Listed)	Subscription	IPO Size (Cr.)	Listing Gain (%)
Karnika Industries Limited	12 Oct 2023	3.07	25.07	8.68
Sotac Pharmaceuticals Limited	13 Apr 2023	1.60	33.30	3.60
Trident Lifeline Limited	10 Oct 2022	1.34	35.34	7.08
Kandarp Digi Smart BPO Limited	28 Sep 2022	1.84	8.10	-5.00
Mangalam Worldwide Limited	11 Jul 2022	1.33	65.58	1.53
Shashwat Furnishing Solutions Limited	04 May 2022	4.62	2.51	0.67
Samor Reality Limited	13 Oct 2021	1.74	8.06	0.73
MRP Agro Limited	18 Feb 2021	3.21	3.24	-0.63
Sigma Solve Limited	19 Oct 2020	1.59	4.95	0.22
Laxmi Goldorna House Limited	16 Apr 2020	1.21	8.28	0.00
Chandra Bhagat Pharma Ltd	14 Feb 2020	1.65	10.20	1.49
Axita Cotton Limited	10 Jan 2019	1.98	10.51	3.50
Shubham Polyspin Limited	12 Oct 2018	2.95	6.00	9.63

Company Name	IPO Year (Listed)	Subscription	IPO Size (Cr.)	Listing Gain (%)
Solarium Green Energy Limited	13 Feb 2025	8.83	105.04	5.76
Indifra Limited	29 Dec 2023	7.21	14.04	10.77
Dev Labtech Venture Limited	29 Mar 2023	5.47	11.22	0.00
Vertexplus Technologies Limited	15 Mar 2023	11.01	14.20	5.21
Viaz Tyres Limited	01 Mar 2023	5.79	20.00	9.68
Jay Jalaram Technologies Limited	08 Sep 2022	14.97	10.80	45.83
Kotyark Industries Limited	02 Nov 2021	7.15	11.26	-5.00
DK Enterprises Global Limited	22 Oct 2021	12.50	7.99	8.25
Quadpro ITeS Limited	30 Sep 2021	16.12	14.10	-1.00
Walpar Nutritions Limited	13 Jul 2021	9.48	6.60	9.00
Abhishek Integrations Limited	21 Jun 2021	10.50	4.95	-20.00

Company Name	IPO Year (Listed)	Subscription	IPO Size (Cr.)	Listing Gain (%)
KP Green Engineering Limited	22 Mar 2024	29.50	189.50	45.83
Ahasolar Technologies Limited	21 Jul 2023	34.79	12.85	35.76
RBM Infracon Limited	04 Jan 2023	40.32	8.37	45.83

Company Name	IPO Year (Listed)	Subscription	IPO Size (Cr.)	Listing Gain (%)
H.M. Electro Mech Limited	31 Jan 2025	91.75	27.74	8.00
SD Retail Limited	27 Sep 2024	97.08	64.98	10.69
V R Infraspace Limited	12 Mar 2024	93.41	20.40	2.82
Kody Technolab Limited	27 Sep 2023	51.55	27.52	11.56
Vinsys IT Services Limited	11 Aug 2023	89.00	49.84	70.00
Remus Pharmaceuticals Limited	29 May 2023	57.21	47.69	39.22
Vital Chemtech Limited	14 Nov 2022	79.33	64.64	61.49
Viviana Power Tech Limited	16 Sep 2022	85.21	8.80	71.82
Ranjeet Mechatronics Limited	26 Sep 2018	69.75	4.50	15.40

Company Name	IPO Year (Listed)	Subscription	IPO Size (Cr.)	Listing Gain (%)
B.R.Goyal Infrastructure Limited	14 Jan 2025	118.08	85.21	0.56
Parmeshwar Metal Limited	09 Jan 2025	607.07	24.74	38.52
Anya Polytech & Fertilizers Limited	02 Jan 2025	439.80	44.80	22.14
Toss the Coin Limited	17 Dec 2024	1025.76	9.17	90.00
Nisus Finance Services Co Limited	11 Dec 2024	192.29	114.24	31.25
C2C Advanced Systems Limited	03 Dec 2024	125.35	99.07	99.49
Mach Conferences and Events Limited	11 Sep 2024	196.70	125.28	31.36
Indian Phosphate Limited	03 Sep 2024	267.89	67.36	80.51
Positron Energy Limited	20 Aug 2024	414.86	51.21	99.50
Ashapura Logistics Limited	06 Aug 2024	185.75	52.66	28.47
V.L.Infraprojects Limited	30 Jul 2024	636.17	18.52	99.40
Sati Poly Plast Limited	22 Jul 2024	499.13	17.36	99.50
Dindigul Farm Product Limited	27 Jun 2024	202.35	34.83	99.50
United Cotfab Limited	24 Jun 2024	107.16	36.29	12.50
Beacon Trusteeship Limited	04 Jun 2024	465.20	32.52	57.50
Rulka Electricals Limited	24 May 2024	676.83	26.40	112.23
Piotex Industries Limited	17 May 2024	107.44	14.47	21.60
Winsol Engineers Limited	14 May 2024	682.14	23.36	411.00
Emmforce Autotech Limited	30 Apr 2024	364.37	53.90	99.50
Greenhitech Ventures Limited	22 Apr 2024	769.95	6.30	99.50
TAC Infosec Limited	05 Apr 2024	422.03	29.99	187.26
Pratham EPC Projects Limited	18 Mar 2024	178.54	36.00	58.60
Rudra Gas Enterprise Limited	15 Feb 2024	350.75	14.16	99.49
Fonebox Retail Limited	02 Feb 2024	659.42	20.37	200.00
Konstelec Engineers Limited	30 Jan 2024	341.80	28.70	215.00
Australian Premium Solar (India) Limited	18 Jan 2024	464.19	28.08	172.22
Benchmark Computer Solutions Limited	21 Dec 2023	484.49	12.24	21.21
Sheetal Universal Limited	11 Dec 2023	179.20	23.80	7.71
Rajgor Castor Derivatives Limited	31 Oct 2023	107.43	47.81	22.20
Arvind and Company Shipping Agencies Limited	25 Oct 2023	385.03	14.74	77.89
Hi-Green Carbon Limited	28 Sep 2023	168.92	52.80	7.80
Chavda Infra Limited	25 Sep 2023	180.06	43.26	33.00
Shri Techtex Limited	04 Aug 2023	148.44	45.14	39.67
Pentagon Rubber Limited	07 Jul 2023	106.20	16.17	85.71
Transvoy Logistics India Limited	02 Feb 2023	184.34	5.11	0.00
Aristo Bio-Tech and Lifescience Limited	30 Jan 2023	217.72	13.05	11.11

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

Company Name	IPO Year (Listed)	Issue size	PE Ratio	Listing Gain (%)
Shashwat Furnishing Solutions Limited	04 May 2022	Very Small (< 5 Cr)	53.60	0.67
Abhishek Integrations Limited	21 Jun 2021	Very Small (< 5 Cr)	125.00	-20.00
MRP Agro Limited	18 Feb 2021	Very Small (< 5 Cr)	41.60	-0.63
Sigma Solve Limited	19 Oct 2020	Very Small (< 5 Cr)	9.53	0.22
Ranjeet Mechatronics Limited	26 Sep 2018	Very Small (< 5 Cr)	18.00	15.40

Company Name	IPO Year (Listed)	Issue size	PE Ratio	Listing Gain (%)
Toss the Coin Limited	17 Dec 2024	Small (5-10 Cr)	14.81	90.00
Greenhitech Ventures Limited	22 Apr 2024	Small (5-10 Cr)	54.95	99.50
Transvoy Logistics India Limited	02 Feb 2023	Small (5-10 Cr)	34.63	0.00
RBM Infracon Limited	04 Jan 2023	Small (5-10 Cr)	11.61	45.83
Kandarp Digi Smart BPO Limited	28 Sep 2022	Small (5-10 Cr)	28.57	-5.00
Viviana Power Tech Limited	16 Sep 2022	Small (5-10 Cr)	11.29	71.82
DK Enterprises Global Limited	22 Oct 2021	Small (5-10 Cr)	7.51	8.25
Samor Reality Limited	13 Oct 2021	Small (5-10 Cr)	269.57	0.73
Walpar Nutritions Limited	13 Jul 2021	Small (5-10 Cr)	64.00	9.00
Laxmi Goldorna House Limited	16 Apr 2020	Small (5-10 Cr)	39.00	0.00
Shubham Polyspin Limited	12 Oct 2018	Small (5-10 Cr)	15.00	9.63

Company Name	IPO Year (Listed)	Issue size	PE Ratio	Listing Gain(%)
Parmeshwar Metal Limited	09 Jan 2025	Medium (10-25 Cr)	9.55	38.52
V.L.Infraprojects Limited	30 Jul 2024	Medium (10-25 Cr)	10.75	99.40
Sati Poly Plast Limited	22 Jul 2024	Medium (10-25 Cr)	19.57	99.50
Piotex Industries Limited	17 May 2024	Medium (10-25 Cr)	15.95	21.60
Winsol Engineers Limited	14 May 2024	Medium (10-25 Cr)	9.58	411.00
V R Infraspace Limited	12 Mar 2024	Medium (10-25 Cr)	42.15	2.82
Rudra Gas Enterprise Limited	15 Feb 2024	Medium (10-25 Cr)	12.39	99.49
Fonebox Retail Limited	02 Feb 2024	Medium (10-25 Cr)	44.93	200.00
Indifra Limited	29 Dec 2023	Medium (10-25 Cr)	342.00	10.77
Benchmark Computer Solutions Limited	21 Dec 2023	Medium (10-25 Cr)	23.66	21.21
Sheetal Universal Limited	11 Dec 2023	Medium (10-25 Cr)	17.81	7.71
Arvind and Company Shipping Agencies Limited	25 Oct 2023	Medium (10-25 Cr)	8.01	77.89
Ahasolar Technologies Limited	21 Jul 2023	Medium (10-25 Cr)	27.45	35.76
Pentagon Rubber Limited	07 Jul 2023	Medium (10-25 Cr)	18.76	85.71
Dev Labtech Venture Limited	29 Mar 2023	Medium (10-25 Cr)	32.90	0.00
Vertexplus Technologies Limited	15 Mar 2023	Medium (10-25 Cr)	28.83	5.21
Viaz Tyres Limited	01 Mar 2023	Medium (10-25 Cr)	24.90	9.68
Aristo Bio-Tech and Lifescience Limited	30 Jan 2023	Medium (10-25 Cr)	9.46	11.11
Jay Jalaram Technologies Limited	08 Sep 2022	Medium (10-25 Cr)	46.00	45.83
Kotyark Industries Limited	02 Nov 2021	Medium (10-25 Cr)	27.00	-5.00
Quadpro ITeS Limited	30 Sep 2021	Medium (10-25 Cr)	68.96	-1.00
Chandra Bhagat Pharma Ltd	14 Feb 2020	Medium (10-25 Cr)	51.00	1.49
Axita Cotton Limited	10 Jan 2019	Medium (10-25 Cr)	30.00	3.50

Company Name	IPO Year (Listed)	Issue size	PE Ratio	Listing Gain (%)
H.M. Electro Mech Limited	31 Jan 2025	Large (25-50 Cr)	15.39	8.00
Anya Polytech & Fertilizers Limited	02 Jan 2025	Large (25-50 Cr)	9.26	22.14
Dindigul Farm Product Limited	27 Jun 2024	Large (25-50 Cr)	16.81	99.50
United Cotfab Limited	24 Jun 2024	Large (25-50 Cr)	13.88	12.50
Beacon Trusteeship Limited	04 Jun 2024	Large (25-50 Cr)	20.99	57.50
Rulka Electricals Limited	24 May 2024	Large (25-50 Cr)	16.21	112.23
TAC Infosec Limited	05 Apr 2024	Large (25-50 Cr)	28.50	187.26
Pratham EPC Projects Limited	18 Mar 2024	Large (25-50 Cr)	12.72	58.60
Konstelec Engineers Limited	30 Jan 2024	Large (25-50 Cr)	11.59	215.00
Australian Premium Solar (India) Limited	18 Jan 2024	Large (25-50 Cr)	31.40	172.22
Rajgor Castor Derivatives Limited	31 Oct 2023	Large (25-50 Cr)	15.48	22.20
Karnika Industries Limited	12 Oct 2023	Large (25-50 Cr)	11.06	8.68
Kody Technolab Limited	27 Sep 2023	Large (25-50 Cr)	32.06	11.56
Chavda Infra Limited	25 Sep 2023	Large (25-50 Cr)	13.29	33.00
Vinsys IT Services Limited	11 Aug 2023	Large (25-50 Cr)	12.51	70.00
Shri Techtex Limited	04 Aug 2023	Large (25-50 Cr)	16.71	39.67
Remus Pharmaceuticals Limited	29 May 2023	Large (25-50 Cr)	21.09	39.22
Sotac Pharmaceuticals Limited	13 Apr 2023	Large (25-50 Cr)	132.14	3.60
Trident Lifeline Limited	10 Oct 2022	Large (25-50 Cr)	51.53	7.08

Company Name	IPO Year (Listed)	Issue size	PE Ratio	Listing Gain (%)
Solarium Green Energy Limited	13 Feb 2025	Very Large (>50 Cr)	26.36	5.76
B.R.Goyal Infrastructure Limited	14 Jan 2025	Very Large (>50 Cr)	55.13	0.56
Nisus Finance Services Co Limited	11 Dec 2024	Very Large (>50 Cr)	12.86	31.25
C2C Advanced Systems Limited	03 Dec 2024	Very Large (>50 Cr)	19.33	99.49
SD Retail Limited	27 Sep 2024	Very Large (>50 Cr)	32.28	10.69
Mach Conferences and Events Limited	11 Sep 2024	Very Large (>50 Cr)	18.08	31.36
Indian Phosphate Limited	03 Sep 2024	Very Large (>50 Cr)	20.44	80.51
Positron Energy Limited	20 Aug 2024	Very Large (>50 Cr)	21.62	99.50
Ashapura Logistics Limited	06 Aug 2024	Very Large (>50 Cr)	15.80	28.47
Emmforce Autotech Limited	30 Apr 2024	Very Large (>50 Cr)	22.90	99.50
KP Green Engineering Limited	22 Mar 2024	Very Large (>50 Cr)	31.95	45.83
Hi-Green Carbon Limited	28 Sep 2023	Very Large (>50 Cr)	17.28	7.80
Vital Chemtech Limited	14 Nov 2022	Very Large (>50 Cr)	14.94	61.49
Mangalam Worldwide Limited	11 Jul 2022	Very Large (>50 Cr)	20.12	1.53

Company Name	IPO Year (Listed)	Subscription	PE Ratio	Listing Gain (%)
Parmeshwar Metal Limited	09 Jan 2025	607.07	9.55	38.52
Anya Polytech & Fertilizers Limited	02 Jan 2025	439.80	9.26	22.14
Winsol Engineers Limited	14 May 2024	682.14	9.58	411.00
Arvind and Company Shipping Agencies Limited	25 Oct 2023	385.03	8.01	77.89
Aristo Bio-Tech and Lifescience Limited	30 Jan 2023	217.72	9.46	11.11
DK Enterprises Global Limited	22 Oct 2021	12.50	7.51	8.25
Sigma Solve Limited	19 Oct 2020	1.59	9.53	0.22

Company Name	IPO Year (Listed)	Subscription	PE Ratio	Listing Gain (%)
H.M. Electro Mech Limited	31 Jan 2025	91.75	15.39	8.00
Toss the Coin Limited	17 Dec 2024	1025.76	14.81	90.00
Nisus Finance Services Co Limited	11 Dec 2024	192.29	12.86	31.25
C2C Advanced Systems Limited	03 Dec 2024	125.35	19.33	99.49
Mach Conferences and Events Limited	11 Sep 2024	196.70	18.08	31.36
Ashapura Logistics Limited	06 Aug 2024	185.75	15.80	28.47
V.L.Infraprojects Limited	30 Jul 2024	636.17	10.75	99.40
Sati Poly Plast Limited	22 Jul 2024	499.13	19.57	99.50
Dindigul Farm Product Limited	27 Jun 2024	202.35	16.81	99.50
United Cotfab Limited	24 Jun 2024	107.16	13.88	12.50
Rulka Electricals Limited	24 May 2024	676.83	16.21	112.23
Piotex Industries Limited	17 May 2024	107.44	15.95	21.60
Pratham EPC Projects Limited	18 Mar 2024	178.54	12.72	58.60
Rudra Gas Enterprise Limited	15 Feb 2024	350.75	12.39	99.49
Konstelec Engineers Limited	30 Jan 2024	341.80	11.59	215.00
Sheetal Universal Limited	11 Dec 2023	179.20	17.81	7.71
Rajgor Castor Derivatives Limited	31 Oct 2023	107.43	15.48	22.20
Karnika Industries Limited	12 Oct 2023	3.07	11.06	8.68
Hi-Green Carbon Limited	28 Sep 2023	168.92	17.28	7.80
Chavda Infra Limited	25 Sep 2023	180.06	13.29	33.00
Vinsys IT Services Limited	11 Aug 2023	89.00	12.51	70.00
Shri Techtex Limited	04 Aug 2023	148.44	16.71	39.67
Pentagon Rubber Limited	07 Jul 2023	106.20	18.76	85.71
RBM Infracon Limited	04 Jan 2023	40.32	11.61	45.83
Vital Chemtech Limited	14 Nov 2022	79.33	14.94	61.49
Viviana Power Tech Limited	16 Sep 2022	85.21	11.29	71.82
Shubham Polyspin Limited	12 Oct 2018	2.95	15.00	9.63
Ranjeet Mechatronics Limited	26 Sep 2018	69.75	18.00	15.40

Company Name	IPO Year (Listed)	Subscription	PE Ratio	Listing Gain (%)
Solarium Green Energy Limited	13 Feb 2025	8.83	26.36	5.76
Indian Phosphate Limited	03 Sep 2024	267.89	20.44	80.51
Positron Energy Limited	20 Aug 2024	414.86	21.62	99.50
Beacon Trusteeship Limited	04 Jun 2024	465.20	20.99	57.50
Emmforce Autotech Limited	30 Apr 2024	364.37	22.90	99.50
TAC Infosec Limited	05 Apr 2024	422.03	28.50	187.26
Benchmark Computer Solutions Limited	21 Dec 2023	484.49	23.66	21.21
Ahasolar Technologies Limited	21 Jul 2023	34.79	27.45	35.76
Remus Pharmaceuticals Limited	29 May 2023	57.21	21.09	39.22
Vertexplus Technologies Limited	15 Mar 2023	11.01	28.83	5.21
Viaz Tyres Limited	01 Mar 2023	5.79	24.90	9.68
Kandarp Digi Smart BPO Limited	28 Sep 2022	1.84	28.57	-5.00
Mangalam Worldwide Limited	11 Jul 2022	1.33	20.12	1.53
Kotyark Industries Limited	02 Nov 2021	7.15	27.00	-5.00
Axita Cotton Limited	10 Jan 2019	1.98	30.00	3.50

Company Name	IPO Year (Listed)	Subscription	PE Ratio	Listing Gain (%)
SD Retail Limited	27 Sep 2024	97.08	32.28	10.69
KP Green Engineering Limited	22 Mar 2024	29.50	31.95	45.83
V R Infraspace Limited	12 Mar 2024	93.41	42.15	2.82
Fonebox Retail Limited	02 Feb 2024	659.42	44.93	200.00
Australian Premium Solar (India) Limited	18 Jan 2024	464.19	31.40	172.22
Kody Technolab Limited	27 Sep 2023	51.55	32.06	11.56
Dev Labtech Venture Limited	29 Mar 2023	5.47	32.90	0.00
Transvoy Logistics India Limited	02 Feb 2023	184.34	34.63	0.00
Jay Jalaram Technologies Limited	08 Sep 2022	14.97	46.00	45.83
MRP Agro Limited	18 Feb 2021	3.21	41.60	-0.63
Laxmi Goldorna House Limited	16 Apr 2020	1.21	39.00	0.00

Company Name	IPO Year (Listed)	Subscription	PE Ratio	Listing Gain (%)
B.R.Goyal Infrastructure Limited	14 Jan 2025	118.08	55.13	0.56
Greenhitech Ventures Limited	22 Apr 2024	769.95	54.95	99.50
Indifra Limited	29 Dec 2023	7.21	342.00	10.77
Sotac Pharmaceuticals Limited	13 Apr 2023	1.60	132.14	3.60
Trident Lifeline Limited	10 Oct 2022	1.34	51.53	7.08
Shashwat Furnishing Solutions Limited	04 May 2022	4.62	53.60	0.67
Samor Reality Limited	13 Oct 2021	1.74	269.57	0.73
Quadpro ITeS Limited	30 Sep 2021	16.12	68.96	-1.00
Walpar Nutritions Limited	13 Jul 2021	9.48	64.00	9.00
Abhishek Integrations Limited	21 Jun 2021	10.50	125.00	-20.00
Chandra Bhagat Pharma Ltd	14 Feb 2020	1.65	51.00	1.49

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

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Axita Cotton Limited	10 Jan 2019	Mahesana	Agro	10.51	30.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Ranjeet Mechatronics Limited	26 Sep 2018	Ahmedabad	Engineering	4.50	18.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Laxmi Goldorna House Limited	16 Apr 2020	Ahmedabad	Jewellery	8.28	39.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Chandra Bhagat Pharma Ltd	14 Feb 2020	Mumbai	Pharmaceutical	10.20	51.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Shubham Polyspin Limited	12 Oct 2018	Mahesana	Textiles	6.00	15.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Solarium Green Energy Limited	13 Feb 2025	Ahmedabad	Solar	105.04	26.36
H.M. Electro Mech Limited	31 Jan 2025	Ahmedabad	Engineering - EPC	27.74	15.39
SD Retail Limited	27 Sep 2024	Ahmedabad	Textiles	64.98	32.28
Ashapura Logistics Limited	06 Aug 2024	Ahmedabad	Logistics	52.66	15.80
V.L.Infraprojects Limited	30 Jul 2024	Ahmedabad	Infrastructure	18.52	10.75
United Cotfab Limited	24 Jun 2024	Ahmedabad	Textiles	36.29	13.88
Pratham EPC Projects Limited	18 Mar 2024	Ahmedabad	Engineering - EPC	36.00	12.72
Rudra Gas Enterprise Limited	15 Feb 2024	Ahmedabad	Oil and Gas	14.16	12.39
Fonebox Retail Limited	02 Feb 2024	Ahmedabad	Retail	20.37	44.93
Rajgor Castor Derivatives Limited	31 Oct 2023	Ahmedabad	Agro - Food Products	47.81	15.48
Kody Technolab Limited	27 Sep 2023	Ahmedabad	Information Technology - Data Solutions	27.52	32.06
Chavda Infra Limited	25 Sep 2023	Ahmedabad	Real Estate	43.26	13.29
Shri Techtex Limited	04 Aug 2023	Ahmedabad	Textiles - Fabrics	45.14	16.71
Ahasolar Technologies Limited	21 Jul 2023	Ahmedabad	Solar - Panels	12.85	27.45
Remus Pharmaceuticals Limited	29 May 2023	Ahmedabad	Pharmaceutical	47.69	21.09
Sotac Pharmaceuticals Limited	13 Apr 2023	Ahmedabad	Pharmaceutical	33.30	132.14
Viaz Tyres Limited	01 Mar 2023	Ahmedabad	Rubber	20.00	24.90
Transvoy Logistics India Limited	02 Feb 2023	Ahmedabad	Logistics	5.11	34.63
Vital Chemtech Limited	14 Nov 2022	Ahmedabad	Chemical	64.64	14.94
Jay Jalaram Technologies Limited	08 Sep 2022	Ahmedabad	Electric Equipments - OEM	10.80	46.00
Mangalam Worldwide Limited	11 Jul 2022	Ahmedabad	Steel	65.58	20.12
Samor Reality Limited	13 Oct 2021	Ahmedabad	Real Estate	8.06	269.57
Abhishek Integrations Limited	21 Jun 2021	Ahmedabad	Human Resources and Manpower	4.95	125.00
Sigma Solve Limited	19 Oct 2020	Ahmedabad	Information Technology - Data Solutions	4.95	9.53
Laxmi Goldorna House Limited	16 Apr 2020	Ahmedabad	Jewellery	8.28	39.00
Ranjeet Mechatronics Limited	26 Sep 2018	Ahmedabad	Engineering	4.50	18.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Indifra Limited	29 Dec 2023	Anand	Infrastructure	14.04	342.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
RBM Infracon Limited	04 Jan 2023	Baitalpur	Engineering - EPC	8.37	11.61

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
C2C Advanced Systems Limited	03 Dec 2024	Bangalore	Information Technology	99.07	19.33
Quadpro ITeS Limited	30 Sep 2021	Bangalore	Information Technology	14.10	68.96

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Sati Poly Plast Limited	22 Jul 2024	Bhagalpur	Packaging & Disposables	17.36	19.57

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Dev Labtech Venture Limited	29 Mar 2023	Bhavnagar	Jewellery	11.22	32.90

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Toss the Coin Limited	17 Dec 2024	Chennai	Information Technology - Data Solutions	9.17	14.81

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Dindigul Farm Product Limited	27 Jun 2024	Dindigul	Agro	34.83	16.81

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Parmeshwar Metal Limited	09 Jan 2025	Gandhinagar	Metal	24.74	9.55
Positron Energy Limited	20 Aug 2024	Gandhinagar	Oil and Gas	51.21	21.62
Walpar Nutritions Limited	13 Jul 2021	Gandhinagar	Healthcare - Ayurvedic	6.60	64.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
B.R.Goyal Infrastructure Limited	14 Jan 2025	Indore	Infrastructure	85.21	55.13

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Vertexplus Technologies Limited	15 Mar 2023	Jaipur	Information Technology - Data Solutions	14.20	28.83

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Winsol Engineers Limited	14 May 2024	Jamnagar	Power and Energy	23.36	9.58
Arvind and Company Shipping Agencies Limited	25 Oct 2023	Jamnagar	Logistics	14.74	8.01

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Shashwat Furnishing Solutions Limited	04 May 2022	Jodhpur	Furniture	2.51	53.60

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Karnika Industries Limited	12 Oct 2023	Kolkata	Textiles - Fabrics	25.07	11.06

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Axita Cotton Limited	10 Jan 2019	Mahesana	Agro	10.51	30.00
Shubham Polyspin Limited	12 Oct 2018	Mahesana	Textiles	6.00	15.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
TAC Infosec Limited	05 Apr 2024	Mohali	Information Technology - SaaS	29.99	28.50
Pentagon Rubber Limited	07 Jul 2023	Mohali	Rubber	16.17	18.76

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Nisus Finance Services Co Limited	11 Dec 2024	Mumbai	Banking and Finance	114.24	12.86
Beacon Trusteeship Limited	04 Jun 2024	Mumbai	Banking and Finance	32.52	20.99
Rulka Electricals Limited	24 May 2024	Mumbai	Engineering - EPC	26.40	16.21
Konstelec Engineers Limited	30 Jan 2024	Mumbai	Agro - Plantation	28.70	11.59
Benchmark Computer Solutions Limited	21 Dec 2023	Mumbai	Information Technology - Data Solutions	12.24	23.66
Chandra Bhagat Pharma Ltd	14 Feb 2020	Mumbai	Pharmaceutical	10.20	51.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Anya Polytech & Fertilizers Limited	02 Jan 2025	New Delhi	Chemical - Pesticides	44.80	9.26
Mach Conferences and Events Limited	11 Sep 2024	New Delhi	Advertising and Media - Events	125.28	18.08
Kandarp Digi Smart BPO Limited	28 Sep 2022	New Delhi	Outsourcing - BPO	8.10	28.57

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Emmforce Autotech Limited	30 Apr 2024	Panchkula	Engineering - Automotive	53.90	22.90
DK Enterprises Global Limited	22 Oct 2021	Panchkula	Packaging & Disposables	7.99	7.51

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Piotex Industries Limited	17 May 2024	Pune	Textiles - Fabrics	14.47	15.95
Vinsys IT Services Limited	11 Aug 2023	Pune	Education - Edtech	49.84	12.51

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Sheetal Universal Limited	11 Dec 2023	Rajkot	Agro - Food Products	23.80	17.81
Hi-Green Carbon Limited	28 Sep 2023	Rajkot	Recycling - Waste	52.80	17.28

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Australian Premium Solar (India) Limited	18 Jan 2024	Sabarkantha	Solar - Panels	28.08	31.40

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
KP Green Engineering Limited	22 Mar 2024	Surat	Steel	189.50	31.95
Trident Lifeline Limited	10 Oct 2022	Surat	Pharmaceutical	35.34	51.53

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
MRP Agro Limited	18 Feb 2021	Tikamgarh	Agro - Food Products	3.24	41.60

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Indian Phosphate Limited	03 Sep 2024	Udaipur	Chemical	67.36	20.44

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
V R Infraspace Limited	12 Mar 2024	Vadodara	Real Estate	20.40	42.15
Aristo Bio-Tech and Lifescience Limited	30 Jan 2023	Vadodara	Chemical - Pesticides	13.05	9.46
Viviana Power Tech Limited	16 Sep 2022	Vadodara	Electric Equipments	8.80	11.29
Kotyark Industries Limited	02 Nov 2021	Vadodara	Power and Energy - Bio	11.26	27.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Greenhitech Ventures Limited	22 Apr 2024	Varanasi	Oil and Gas	6.30	54.95

Company Name	IPO Year (Listed)	Offer Price	CMP	CMP %
Solarium Green Energy Limited	13 Feb 2025	191.00	232.65	22
Anya Polytech & Fertilizers Limited	02 Jan 2025	14.00	23.20	66
Toss the Coin Limited	17 Dec 2024	182.00	357.20	96
Nisus Finance Services Co Limited	11 Dec 2024	180.00	373.80	108
C2C Advanced Systems Limited	03 Dec 2024	226.00	512.60	127
Positron Energy Limited	20 Aug 2024	250.00	332.95	33
Sati Poly Plast Limited	22 Jul 2024	130.00	138.15	6
Beacon Trusteeship Limited	04 Jun 2024	60.00	76.85	28
Winsol Engineers Limited	14 May 2024	75.00	211.30	182
Greenhitech Ventures Limited	22 Apr 2024	50.00	104.75	110
TAC Infosec Limited	05 Apr 2024	106.00	1099.75	938
KP Green Engineering Limited	22 Mar 2024	144.00	443.15	208
Pratham EPC Projects Limited	18 Mar 2024	75.00	201.85	169
V R Infraspace Limited	12 Mar 2024	85.00	254.00	199
Rudra Gas Enterprise Limited	15 Feb 2024	63.00	98.00	56
Fonebox Retail Limited	02 Feb 2024	70.00	102.00	46
Konstelec Engineers Limited	30 Jan 2024	70.00	89.00	27
Australian Premium Solar (India) Limited	18 Jan 2024	54.00	417.50	673
Sheetal Universal Limited	11 Dec 2023	70.00	75.20	7
Arvind and Company Shipping Agencies Limited	25 Oct 2023	45.00	59.00	31
Karnika Industries Limited	12 Oct 2023	76.00	381.05	401
Hi-Green Carbon Limited	28 Sep 2023	75.00	241.55	222
Kody Technolab Limited	27 Sep 2023	160.00	1069.90	569
Chavda Infra Limited	25 Sep 2023	65.00	148.10	128
Vinsys IT Services Limited	11 Aug 2023	128.00	362.85	183
Remus Pharmaceuticals Limited	29 May 2023	1229.00	1927.10	57
Dev Labtech Venture Limited	29 Mar 2023	51.00	62.40	22
Transvoy Logistics India Limited	02 Feb 2023	71.00	157.80	122
Aristo Bio-Tech and Lifescience Limited	30 Jan 2023	72.00	105.00	46
RBM Infracon Limited	04 Jan 2023	36.00	336.40	834
Trident Lifeline Limited	10 Oct 2022	101.00	237.25	135
Kandarp Digi Smart BPO Limited	28 Sep 2022	30.00	57.70	92
Viviana Power Tech Limited	16 Sep 2022	55.00	793.00	1342
Jay Jalaram Technologies Limited	08 Sep 2022	36.00	287.00	697
Mangalam Worldwide Limited	11 Jul 2022	101.00	142.60	41
Shashwat Furnishing Solutions Limited	04 May 2022	45.00	46.00	2
Kotyark Industries Limited	02 Nov 2021	51.00	565.25	1008
DK Enterprises Global Limited	22 Oct 2021	40.00	73.40	84
Abhishek Integrations Limited	21 Jun 2021	50.00	58.90	18
MRP Agro Limited	18 Feb 2021	40.00	140.00	250
Sigma Solve Limited	19 Oct 2020	45.00	271.65	504
Laxmi Goldorna House Limited	16 Apr 2020	15.00	574.60	3731
Chandra Bhagat Pharma Ltd	14 Feb 2020	51.00	62.00	22
Ranjeet Mechatronics Limited	26 Sep 2018	25.00	37.92	52

Company Name	IPO Year (Listed)	Offer Price	CMP	CMP %
H.M. Electro Mech Limited	31 Jan 2025	75.00	71.10	-5
B.R.Goyal Infrastructure Limited	14 Jan 2025	135.00	104.10	-23
Parmeshwar Metal Limited	09 Jan 2025	61.00	53.08	-13
SD Retail Limited	27 Sep 2024	131.00	108.65	-17
Mach Conferences and Events Limited	11 Sep 2024	225.00	207.05	-8
Indian Phosphate Limited	03 Sep 2024	99.00	58.80	-41
Ashapura Logistics Limited	06 Aug 2024	144.00	80.70	-44
V.L.Infraprojects Limited	30 Jul 2024	42.00	41.75	-1
Dindigul Farm Product Limited	27 Jun 2024	54.00	32.25	-40
United Cotfab Limited	24 Jun 2024	70.00	37.80	-46
Rulka Electricals Limited	24 May 2024	235.00	170.00	-28
Piotex Industries Limited	17 May 2024	94.00	52.45	-44
Emmforce Autotech Limited	30 Apr 2024	98.00	92.65	-5
Indifra Limited	29 Dec 2023	65.00	15.05	-77
Benchmark Computer Solutions Limited	21 Dec 2023	66.00	34.15	-48
Rajgor Castor Derivatives Limited	31 Oct 2023	50.00	22.40	-55
Shri Techtex Limited	04 Aug 2023	61.00	60.25	-1
Ahasolar Technologies Limited	21 Jul 2023	157.00	133.30	-15
Pentagon Rubber Limited	07 Jul 2023	70.00	64.80	-7
Sotac Pharmaceuticals Limited	13 Apr 2023	111.00	107.50	-3
Vertexplus Technologies Limited	15 Mar 2023	96.00	74.35	-23
Viaz Tyres Limited	01 Mar 2023	62.00	60.20	-3
Vital Chemtech Limited	14 Nov 2022	101.00	74.25	-26
Samor Reality Limited	13 Oct 2021	62.00	55.70	-10
Quadpro ITeS Limited	30 Sep 2021	20.00	3.50	-83
Walpar Nutritions Limited	13 Jul 2021	55.00	46.80	-15
Axita Cotton Limited	10 Jan 2019	60.00	10.36	-83
Shubham Polyspin Limited	12 Oct 2018	40.00	20.27	-49

Company Name	IPO Year (Listed)	Listing Price	CMP	CMP %
Solarium Green Energy Limited	13 Feb 2025	202.00	232.65	15
Anya Polytech & Fertilizers Limited	02 Jan 2025	17.10	23.20	36
Toss the Coin Limited	17 Dec 2024	345.80	357.20	3
Nisus Finance Services Co Limited	11 Dec 2024	236.25	373.80	58
C2C Advanced Systems Limited	03 Dec 2024	450.85	512.60	14
Greenhitech Ventures Limited	22 Apr 2024	99.75	104.75	5
TAC Infosec Limited	05 Apr 2024	304.50	1099.75	261
KP Green Engineering Limited	22 Mar 2024	210.00	443.15	111
Pratham EPC Projects Limited	18 Mar 2024	118.95	201.85	70
V R Infraspace Limited	12 Mar 2024	87.40	254.00	191
Australian Premium Solar (India) Limited	18 Jan 2024	147.00	417.50	184
Karnika Industries Limited	12 Oct 2023	82.60	381.05	361
Hi-Green Carbon Limited	28 Sep 2023	80.85	241.55	199
Kody Technolab Limited	27 Sep 2023	178.50	1069.90	499
Chavda Infra Limited	25 Sep 2023	86.45	148.10	71
Vinsys IT Services Limited	11 Aug 2023	217.60	362.85	67
Remus Pharmaceuticals Limited	29 May 2023	1711.00	1927.10	13
Dev Labtech Venture Limited	29 Mar 2023	51.00	62.40	22
Transvoy Logistics India Limited	02 Feb 2023	71.00	157.80	122
Aristo Bio-Tech and Lifescience Limited	30 Jan 2023	80.00	105.00	31
RBM Infracon Limited	04 Jan 2023	52.50	336.40	541
Trident Lifeline Limited	10 Oct 2022	108.15	237.25	119
Kandarp Digi Smart BPO Limited	28 Sep 2022	28.50	57.70	102
Viviana Power Tech Limited	16 Sep 2022	94.50	793.00	739
Jay Jalaram Technologies Limited	08 Sep 2022	52.50	287.00	447
Mangalam Worldwide Limited	11 Jul 2022	102.55	142.60	39
Shashwat Furnishing Solutions Limited	04 May 2022	45.30	46.00	2
Kotyark Industries Limited	02 Nov 2021	48.45	565.25	1067
DK Enterprises Global Limited	22 Oct 2021	43.30	73.40	70
Abhishek Integrations Limited	21 Jun 2021	40.00	58.90	47
MRP Agro Limited	18 Feb 2021	39.75	140.00	252
Sigma Solve Limited	19 Oct 2020	45.10	271.65	502
Laxmi Goldorna House Limited	16 Apr 2020	15.00	574.60	3731
Chandra Bhagat Pharma Ltd	14 Feb 2020	51.76	62.00	20
Ranjeet Mechatronics Limited	26 Sep 2018	28.85	37.92	31

Company Name	IPO Year (Listed)	Listing Price	CMP	CMP %
H.M. Electro Mech Limited	31 Jan 2025	81.00	71.10	-12
B.R.Goyal Infrastructure Limited	14 Jan 2025	135.75	104.10	-23
Parmeshwar Metal Limited	09 Jan 2025	84.50	53.08	-37
SD Retail Limited	27 Sep 2024	145.00	108.65	-25
Mach Conferences and Events Limited	11 Sep 2024	295.55	207.05	-30
Indian Phosphate Limited	03 Sep 2024	178.70	58.80	-67
Positron Energy Limited	20 Aug 2024	498.75	332.95	-33
Ashapura Logistics Limited	06 Aug 2024	185.00	80.70	-56
V.L.Infraprojects Limited	30 Jul 2024	83.75	41.75	-50
Sati Poly Plast Limited	22 Jul 2024	259.35	138.15	-47
Dindigul Farm Product Limited	27 Jun 2024	107.73	32.25	-70
United Cotfab Limited	24 Jun 2024	78.75	37.80	-52
Beacon Trusteeship Limited	04 Jun 2024	94.50	76.85	-19
Rulka Electricals Limited	24 May 2024	498.75	170.00	-66
Piotex Industries Limited	17 May 2024	114.30	52.45	-54
Winsol Engineers Limited	14 May 2024	383.25	211.30	-45
Emmforce Autotech Limited	30 Apr 2024	195.51	92.65	-53
Rudra Gas Enterprise Limited	15 Feb 2024	125.68	98.00	-22
Fonebox Retail Limited	02 Feb 2024	210.00	102.00	-51
Konstelec Engineers Limited	30 Jan 2024	220.50	89.00	-60
Indifra Limited	29 Dec 2023	72.00	15.05	-79
Benchmark Computer Solutions Limited	21 Dec 2023	80.00	34.15	-57
Sheetal Universal Limited	11 Dec 2023	75.40	75.20	-0
Rajgor Castor Derivatives Limited	31 Oct 2023	61.10	22.40	-63
Arvind and Company Shipping Agencies Limited	25 Oct 2023	80.05	59.00	-26
Shri Techtex Limited	04 Aug 2023	85.20	60.25	-29
Ahasolar Technologies Limited	21 Jul 2023	213.15	133.30	-37
Pentagon Rubber Limited	07 Jul 2023	130.00	64.80	-50
Sotac Pharmaceuticals Limited	13 Apr 2023	115.00	107.50	-7
Vertexplus Technologies Limited	15 Mar 2023	101.00	74.35	-26
Viaz Tyres Limited	01 Mar 2023	68.00	60.20	-11
Vital Chemtech Limited	14 Nov 2022	163.10	74.25	-54
Samor Reality Limited	13 Oct 2021	62.45	55.70	-11
Quadpro ITeS Limited	30 Sep 2021	19.80	3.50	-82
Walpar Nutritions Limited	13 Jul 2021	59.95	46.80	-22
Axita Cotton Limited	10 Jan 2019	62.10	10.36	-83
Shubham Polyspin Limited	12 Oct 2018	43.85	20.27	-54

Company Name	IPO Year (Listed)	Exchange	PE Ratio	IPO Size (Cr.)
Anya Polytech & Fertilizers Limited	02 Jan 2025	NSE EMERGE	9.26	44.80
C2C Advanced Systems Limited	03 Dec 2024	NSE EMERGE	19.33	99.07
SD Retail Limited	27 Sep 2024	NSE EMERGE	32.28	64.98
Indian Phosphate Limited	03 Sep 2024	NSE EMERGE	20.44	67.36
Positron Energy Limited	20 Aug 2024	NSE EMERGE	21.62	51.21
Ashapura Logistics Limited	06 Aug 2024	NSE EMERGE	15.80	52.66
V.L.Infraprojects Limited	30 Jul 2024	NSE EMERGE	10.75	18.52
Sati Poly Plast Limited	22 Jul 2024	NSE EMERGE	19.57	17.36
Beacon Trusteeship Limited	04 Jun 2024	NSE EMERGE	20.99	32.52
Rulka Electricals Limited	24 May 2024	NSE EMERGE	16.21	26.40
Winsol Engineers Limited	14 May 2024	NSE EMERGE	9.58	23.36
TAC Infosec Limited	05 Apr 2024	NSE EMERGE	28.50	29.99
Pratham EPC Projects Limited	18 Mar 2024	NSE EMERGE	12.72	36.00
V R Infraspace Limited	12 Mar 2024	NSE EMERGE	42.15	20.40
Fonebox Retail Limited	02 Feb 2024	NSE EMERGE	44.93	20.37
Konstelec Engineers Limited	30 Jan 2024	NSE EMERGE	11.59	28.70
Australian Premium Solar (India) Limited	18 Jan 2024	NSE EMERGE	31.40	28.08
Indifra Limited	29 Dec 2023	NSE EMERGE	342.00	14.04
Sheetal Universal Limited	11 Dec 2023	NSE EMERGE	17.81	23.80
Rajgor Castor Derivatives Limited	31 Oct 2023	NSE EMERGE	15.48	47.81
Arvind and Company Shipping Agencies Limited	25 Oct 2023	NSE EMERGE	8.01	14.74
Karnika Industries Limited	12 Oct 2023	NSE EMERGE	11.06	25.07
Hi-Green Carbon Limited	28 Sep 2023	NSE EMERGE	17.28	52.80
Kody Technolab Limited	27 Sep 2023	NSE EMERGE	32.06	27.52
Chavda Infra Limited	25 Sep 2023	NSE EMERGE	13.29	43.26
Vinsys IT Services Limited	11 Aug 2023	NSE EMERGE	12.51	49.84
Shri Techtex Limited	04 Aug 2023	NSE EMERGE	16.71	45.14
Pentagon Rubber Limited	07 Jul 2023	NSE EMERGE	18.76	16.17
Remus Pharmaceuticals Limited	29 May 2023	NSE EMERGE	21.09	47.69
Sotac Pharmaceuticals Limited	13 Apr 2023	NSE EMERGE	132.14	33.30
Vertexplus Technologies Limited	15 Mar 2023	NSE EMERGE	28.83	14.20
Viaz Tyres Limited	01 Mar 2023	NSE EMERGE	24.90	20.00
Aristo Bio-Tech and Lifescience Limited	30 Jan 2023	NSE EMERGE	9.46	13.05
RBM Infracon Limited	04 Jan 2023	NSE EMERGE	11.61	8.37
Vital Chemtech Limited	14 Nov 2022	NSE EMERGE	14.94	64.64
Kandarp Digi Smart BPO Limited	28 Sep 2022	NSE EMERGE	28.57	8.10
Viviana Power Tech Limited	16 Sep 2022	NSE EMERGE	11.29	8.80
Jay Jalaram Technologies Limited	08 Sep 2022	NSE EMERGE	46.00	10.80
Mangalam Worldwide Limited	11 Jul 2022	NSE EMERGE	20.12	65.58
Kotyark Industries Limited	02 Nov 2021	NSE EMERGE	27.00	11.26
DK Enterprises Global Limited	22 Oct 2021	NSE EMERGE	7.51	7.99
Quadpro ITeS Limited	30 Sep 2021	NSE EMERGE	68.96	14.10
Walpar Nutritions Limited	13 Jul 2021	NSE EMERGE	64.00	6.60
Abhishek Integrations Limited	21 Jun 2021	NSE EMERGE	125.00	4.95
Sigma Solve Limited	19 Oct 2020	NSE EMERGE	9.53	4.95
Laxmi Goldorna House Limited	16 Apr 2020	NSE EMERGE	39.00	8.28

Company Name	IPO Year (Listed)	Exchange	PE Ratio	IPO Size (Cr.)
Solarium Green Energy Limited	13 Feb 2025	BSE SME	26.36	105.04
H.M. Electro Mech Limited	31 Jan 2025	BSE SME	15.39	27.74
B.R.Goyal Infrastructure Limited	14 Jan 2025	BSE SME	55.13	85.21
Parmeshwar Metal Limited	09 Jan 2025	BSE SME	9.55	24.74
Toss the Coin Limited	17 Dec 2024	BSE SME	14.81	9.17
Nisus Finance Services Co Limited	11 Dec 2024	BSE SME	12.86	114.24
Mach Conferences and Events Limited	11 Sep 2024	BSE SME	18.08	125.28
Dindigul Farm Product Limited	27 Jun 2024	BSE SME	16.81	34.83
United Cotfab Limited	24 Jun 2024	BSE SME	13.88	36.29
Piotex Industries Limited	17 May 2024	BSE SME	15.95	14.47
Emmforce Autotech Limited	30 Apr 2024	BSE SME	22.90	53.90
Greenhitech Ventures Limited	22 Apr 2024	BSE SME	54.95	6.30
KP Green Engineering Limited	22 Mar 2024	BSE SME	31.95	189.50
Rudra Gas Enterprise Limited	15 Feb 2024	BSE SME	12.39	14.16
Benchmark Computer Solutions Limited	21 Dec 2023	BSE SME	23.66	12.24
Ahasolar Technologies Limited	21 Jul 2023	BSE SME	27.45	12.85
Dev Labtech Venture Limited	29 Mar 2023	BSE SME	32.90	11.22
Transvoy Logistics India Limited	02 Feb 2023	BSE SME	34.63	5.11
Trident Lifeline Limited	10 Oct 2022	BSE SME	51.53	35.34
Shashwat Furnishing Solutions Limited	04 May 2022	BSE SME	53.60	2.51
Samor Reality Limited	13 Oct 2021	BSE SME	269.57	8.06
MRP Agro Limited	18 Feb 2021	BSE SME	41.60	3.24
Chandra Bhagat Pharma Ltd	14 Feb 2020	BSE SME	51.00	10.20
Axita Cotton Limited	10 Jan 2019	BSE SME	30.00	10.51
Shubham Polyspin Limited	12 Oct 2018	BSE SME	15.00	6.00
Ranjeet Mechatronics Limited	26 Sep 2018	BSE SME	18.00	4.50

Company Name	IPO Year (Listed)	IPO Size (Cr.)	Exchange	MIgration date
Samor Reality Limited	13 Oct 2021	8.06	BSE SME	-
Sigma Solve Limited	19 Oct 2020	4.95	NSE EMERGE	09 Jun 2023
Laxmi Goldorna House Limited	16 Apr 2020	8.28	NSE EMERGE	10 Nov 2023
Axita Cotton Limited	10 Jan 2019	10.51	BSE SME	-
Shubham Polyspin Limited	12 Oct 2018	6.00	BSE SME	-

Compare Merchant Bankers

A SME IPO Merchant Banker has a significant role in the growth of primary markets. SME IPO bound Promoters shall decide on the best merchant banker to manage their entire Public Issue. Through the Compare merchant bankers; the company can refer to the performance metrics of SME Merchant Bankers in India. This feature enables a layman to compare lead managers and understand the sector where famous merchant bankers are actively underwriting and the market performance of the IPOs. One can get a fair view on the top Merchant Bankers operating in the SME space of Indian primary listing market.

Full Details Side by Side

	Beeline Capital Advisors Private Limited
SME IPOs so far	72
SME IPOs listing on Exchange
NSE Emerge	46 (64%)
BSE SME	26 (36%)
SME IPOs by Listing
Gain	64 (89%)
Loss	8 (11%)
SME IPOs by Subscription:
Subscribed upto 5 times	13 (18%)
Subscribed 5 to 25 times	11 (15%)
Subscribed 25 to 50 times	3 (4%)
Subscribed 50 to 100 times	9 (13%)
Subscribed more than 100 times	36 (50%)
SME IPOs with IPO Size:
Very small (< 5 Cr)	5 (7%)
Small (5-10 Cr)	11 (15%)
Medium (10-25 Cr)	23 (32%)
Large (25-50 Cr)	19 (26%)
Very Large (>50 Cr)	14 (19%)
SME IPOs by PE :
Low (1-10)	7 (10%)
Average (10-20)	28 (39%)
Moderately High (20-30)	15 (21%)
Very High (30-50)	11 (15%)
Extreme (50+)	11 (15%)
NA	0 (0%)
SME IPOs by Sector :
Engineering	4
Agro	1
Textiles	3
Information Technology	1
Chemical	2
SME IPOs by City :
Mumbai	6
Ahmedabad	26
New Delhi	3
Kolkata	1
Surat	2
Offer Price Vs Current Market Price
Gain	44 (61%)
Loss	28 (39%)
Listing Price Vs Current Market Price
Gain	35 (49%)
Loss	37 (51%)
SME IPOs migrated to Mainboard	5 (7%)