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
Voler Car Limited	19 Feb 2025	27.00	20.17
Chamunda Electrical Limited	11 Feb 2025	14.60	14.66
Capital Numbers Infotech Limited	27 Jan 2025	169.37	23.50
Delta Autocorp Limited	14 Jan 2025	54.60	24.11
NACDAC Infrastructure Limited	24 Dec 2024	10.01	14.28
Emerald Tyre Manufacturers Limited	12 Dec 2024	49.26	15.12
Rajputana Biodiesel Limited	03 Dec 2024	24.70	11.74
Freshara Agro Exports Limited	24 Oct 2024	75.39	11.98
Lakshya Powertech Limited	23 Oct 2024	49.91	12.67
Afcom Holdings Limited	09 Aug 2024	73.83	10.65
Sathlokhar Synergys E&C Global Limited	06 Aug 2024	92.93	12.89
S A Tech Software India Limited	02 Aug 2024	23.01	7.76
Petro Carbon and Chemicals Limited	02 Jul 2024	113.16	4.51
Medicamen Organics Limited	28 Jun 2024	10.54	15.41
HOAC Foods India Limited	24 May 2024	5.54	18.57
ABS Marine Services Limited	21 May 2024	96.29	15.32
Naman In-Store (India) Limited	02 Apr 2024	25.35	7.58
Koura Fine Diamond Jewelry Limited	14 Mar 2024	5.50	58.23
Thaai Casting Limited	23 Feb 2024	47.20	12.07
Maxposure Limited	23 Jan 2024	20.26	10.12
Kay Cee Energy & Infra Limited	05 Jan 2024	15.93	12.25
Trident Techlabs Limited	29 Dec 2023	16.03	13.62
Maitreya Medicare Limited	07 Nov 2023	14.89	10.92
Basilic Fly Studio Limited	11 Sep 2023	66.35	8.08
Srivari Spices and Foods Limited	18 Aug 2023	9.00	9.59
Essen Speciality Films Limited	06 Jul 2023	66.33	16.50
MCON Rasayan India Limited	20 Mar 2023	6.84	14.71
Agarwal Float Glass India Limited	23 Feb 2023	9.20	5.68
Anlon Technology Solutions Limited	10 Jan 2023	15.00	11.71
Uma Converter Limited	29 Dec 2022	18.41	10.31
Pritika Engineering Components Limited	08 Dec 2022	9.42	8.76
Mafia Trends Limited	06 Oct 2022	3.60	15.21
Sabar Flex India Limited	21 Sep 2022	4.48	9.48
JFL Life Sciences Limited	08 Sep 2022	18.17	26.52
Veekayem Fashion and Apparels Limited	22 Aug 2022	4.44	8.72
Dhyaani Tile And Marblez Limited	12 Apr 2022	2.45	15.94
Achyut Healthcare Limited	30 Mar 2022	3.60	54.05
Ascensive Educare Limited	12 Jan 2022	2.26	18.98
Naapbooks Limited	15 Sep 2021	3.99	29.25

Company Name	IPO Year (Listed)	Offer Price	Listing Price	Listing Gain (%)
Chamunda Electrical Limited	11 Feb 2025	50.00	70.00	40.00
Capital Numbers Infotech Limited	27 Jan 2025	263.00	274.00	4.18
Delta Autocorp Limited	14 Jan 2025	130.00	175.00	34.62
NACDAC Infrastructure Limited	24 Dec 2024	35.00	69.82	99.49
Emerald Tyre Manufacturers Limited	12 Dec 2024	95.00	189.50	99.47
Rajputana Biodiesel Limited	03 Dec 2024	130.00	259.35	99.50
Freshara Agro Exports Limited	24 Oct 2024	116.00	134.70	16.12
Lakshya Powertech Limited	23 Oct 2024	180.00	359.10	99.50
Afcom Holdings Limited	09 Aug 2024	108.00	215.45	99.49
Sathlokhar Synergys E&C Global Limited	06 Aug 2024	140.00	247.00	76.43
S A Tech Software India Limited	02 Aug 2024	59.00	117.70	99.49
Petro Carbon and Chemicals Limited	02 Jul 2024	171.00	315.00	84.21
Medicamen Organics Limited	28 Jun 2024	34.00	144.70	325.59
HOAC Foods India Limited	24 May 2024	48.00	139.65	190.94
ABS Marine Services Limited	21 May 2024	147.00	279.30	90.00
Naman In-Store (India) Limited	02 Apr 2024	89.00	118.75	33.43
Koura Fine Diamond Jewelry Limited	14 Mar 2024	55.00	78.63	42.96
Thaai Casting Limited	23 Feb 2024	77.00	195.15	153.44
Maxposure Limited	23 Jan 2024	33.00	137.75	317.42
Kay Cee Energy & Infra Limited	05 Jan 2024	54.00	239.40	343.33
Trident Techlabs Limited	29 Dec 2023	35.00	183.75	425.00
Maitreya Medicare Limited	07 Nov 2023	82.00	154.45	88.35
Basilic Fly Studio Limited	11 Sep 2023	97.00	284.55	193.35
Srivari Spices and Foods Limited	18 Aug 2023	42.00	106.55	153.69
Essen Speciality Films Limited	06 Jul 2023	107.00	140.00	30.84
MCON Rasayan India Limited	20 Mar 2023	40.00	48.00	20.00
Agarwal Float Glass India Limited	23 Feb 2023	42.00	44.00	4.76
Anlon Technology Solutions Limited	10 Jan 2023	100.00	251.10	151.10
Uma Converter Limited	29 Dec 2022	33.00	33.15	0.45
Pritika Engineering Components Limited	08 Dec 2022	29.00	44.30	52.76
Mafia Trends Limited	06 Oct 2022	28.00	31.10	11.07
Sabar Flex India Limited	21 Sep 2022	11.00	22.05	100.45
JFL Life Sciences Limited	08 Sep 2022	61.00	66.50	9.02
Veekayem Fashion and Apparels Limited	22 Aug 2022	28.00	50.00	78.57
Dhyaani Tile And Marblez Limited	12 Apr 2022	51.00	54.80	7.45
Achyut Healthcare Limited	30 Mar 2022	20.00	21.15	5.75
Ascensive Educare Limited	12 Jan 2022	26.00	28.95	11.35

Company Name	IPO Year (Listed)	Offer Price	Listing Price	Listing Gain (%)
Voler Car Limited	19 Feb 2025	90.00	90.00	0.00
Naapbooks Limited	15 Sep 2021	74.00	74.00	0.00

Company Name	IPO Year (Listed)	Subscription	IPO Size (Cr.)	Listing Gain (%)
Voler Car Limited	19 Feb 2025		27.00	0.00
Mafia Trends Limited	06 Oct 2022	4.94	3.60	11.07
Dhyaani Tile And Marblez Limited	12 Apr 2022	2.16	2.45	7.45
Achyut Healthcare Limited	30 Mar 2022	4.35	3.60	5.75
Ascensive Educare Limited	12 Jan 2022	2.67	2.26	11.35
Naapbooks Limited	15 Sep 2021	1.58	3.99	0.00

Company Name	IPO Year (Listed)	Subscription	IPO Size (Cr.)	Listing Gain (%)
Agarwal Float Glass India Limited	23 Feb 2023	5.16	9.20	4.76
Uma Converter Limited	29 Dec 2022	16.66	18.41	0.45
JFL Life Sciences Limited	08 Sep 2022	8.93	18.17	9.02

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

Company Name	IPO Year (Listed)	Subscription	IPO Size (Cr.)	Listing Gain (%)
Petro Carbon and Chemicals Limited	02 Jul 2024	92.01	113.16	84.21
Essen Speciality Films Limited	06 Jul 2023	71.03	66.33	30.84
Sabar Flex India Limited	21 Sep 2022	85.47	4.48	100.45

Company Name	IPO Year (Listed)	Subscription	IPO Size (Cr.)	Listing Gain (%)
Chamunda Electrical Limited	11 Feb 2025	737.97	14.60	40.00
Capital Numbers Infotech Limited	27 Jan 2025	134.62	169.37	4.18
Delta Autocorp Limited	14 Jan 2025	342.10	54.60	34.62
NACDAC Infrastructure Limited	24 Dec 2024	2209.76	10.01	99.49
Emerald Tyre Manufacturers Limited	12 Dec 2024	530.59	49.26	99.47
Rajputana Biodiesel Limited	03 Dec 2024	718.81	24.70	99.50
Freshara Agro Exports Limited	24 Oct 2024	236.80	75.39	16.12
Lakshya Powertech Limited	23 Oct 2024	573.36	49.91	99.50
Afcom Holdings Limited	09 Aug 2024	303.03	73.83	99.49
Sathlokhar Synergys E&C Global Limited	06 Aug 2024	211.13	92.93	76.43
S A Tech Software India Limited	02 Aug 2024	621.25	23.01	99.49
Medicamen Organics Limited	28 Jun 2024	993.56	10.54	325.59
HOAC Foods India Limited	24 May 2024	2013.64	5.54	190.94
ABS Marine Services Limited	21 May 2024	144.44	96.29	90.00
Naman In-Store (India) Limited	02 Apr 2024	309.03	25.35	33.43
Koura Fine Diamond Jewelry Limited	14 Mar 2024	733.01	5.50	42.96
Thaai Casting Limited	23 Feb 2024	375.43	47.20	153.44
Maxposure Limited	23 Jan 2024	987.47	20.26	317.42
Kay Cee Energy & Infra Limited	05 Jan 2024	1052.45	15.93	343.33
Trident Techlabs Limited	29 Dec 2023	763.30	16.03	425.00
Maitreya Medicare Limited	07 Nov 2023	446.79	14.89	88.35
Basilic Fly Studio Limited	11 Sep 2023	358.60	66.35	193.35
Srivari Spices and Foods Limited	18 Aug 2023	450.03	9.00	153.69
MCON Rasayan India Limited	20 Mar 2023	384.64	6.84	20.00
Anlon Technology Solutions Limited	10 Jan 2023	428.62	15.00	151.10
Pritika Engineering Components Limited	08 Dec 2022	158.56	9.42	52.76
Veekayem Fashion and Apparels Limited	22 Aug 2022	301.47	4.44	78.57

Company Name	IPO Year (Listed)	Subscription	IPO Size (Cr.)	Listing Gain (%)
Voler Car Limited	19 Feb 2025		27.00	0.00

Company Name	IPO Year (Listed)	Issue size	PE Ratio	Listing Gain (%)
Mafia Trends Limited	06 Oct 2022	Very Small (< 5 Cr)	15.21	11.07
Sabar Flex India Limited	21 Sep 2022	Very Small (< 5 Cr)	9.48	100.45
Veekayem Fashion and Apparels Limited	22 Aug 2022	Very Small (< 5 Cr)	8.72	78.57
Dhyaani Tile And Marblez Limited	12 Apr 2022	Very Small (< 5 Cr)	15.94	7.45
Achyut Healthcare Limited	30 Mar 2022	Very Small (< 5 Cr)	54.05	5.75
Ascensive Educare Limited	12 Jan 2022	Very Small (< 5 Cr)	18.98	11.35
Naapbooks Limited	15 Sep 2021	Very Small (< 5 Cr)	29.25	0.00

Company Name	IPO Year (Listed)	Issue size	PE Ratio	Listing Gain (%)
HOAC Foods India Limited	24 May 2024	Small (5-10 Cr)	18.57	190.94
Koura Fine Diamond Jewelry Limited	14 Mar 2024	Small (5-10 Cr)	58.23	42.96
Srivari Spices and Foods Limited	18 Aug 2023	Small (5-10 Cr)	9.59	153.69
MCON Rasayan India Limited	20 Mar 2023	Small (5-10 Cr)	14.71	20.00
Agarwal Float Glass India Limited	23 Feb 2023	Small (5-10 Cr)	5.68	4.76
Pritika Engineering Components Limited	08 Dec 2022	Small (5-10 Cr)	8.76	52.76

Company Name	IPO Year (Listed)	Issue size	PE Ratio	Listing Gain(%)
Chamunda Electrical Limited	11 Feb 2025	Medium (10-25 Cr)	14.66	40.00
NACDAC Infrastructure Limited	24 Dec 2024	Medium (10-25 Cr)	14.28	99.49
Rajputana Biodiesel Limited	03 Dec 2024	Medium (10-25 Cr)	11.74	99.50
S A Tech Software India Limited	02 Aug 2024	Medium (10-25 Cr)	7.76	99.49
Medicamen Organics Limited	28 Jun 2024	Medium (10-25 Cr)	15.41	325.59
Maxposure Limited	23 Jan 2024	Medium (10-25 Cr)	10.12	317.42
Kay Cee Energy & Infra Limited	05 Jan 2024	Medium (10-25 Cr)	12.25	343.33
Trident Techlabs Limited	29 Dec 2023	Medium (10-25 Cr)	13.62	425.00
Maitreya Medicare Limited	07 Nov 2023	Medium (10-25 Cr)	10.92	88.35
Anlon Technology Solutions Limited	10 Jan 2023	Medium (10-25 Cr)	11.71	151.10
Uma Converter Limited	29 Dec 2022	Medium (10-25 Cr)	10.31	0.45
JFL Life Sciences Limited	08 Sep 2022	Medium (10-25 Cr)	26.52	9.02

Company Name	IPO Year (Listed)	Issue size	PE Ratio	Listing Gain (%)
Voler Car Limited	19 Feb 2025	Large (25-50 Cr)	20.17	0.00
Emerald Tyre Manufacturers Limited	12 Dec 2024	Large (25-50 Cr)	15.12	99.47
Lakshya Powertech Limited	23 Oct 2024	Large (25-50 Cr)	12.67	99.50
Naman In-Store (India) Limited	02 Apr 2024	Large (25-50 Cr)	7.58	33.43
Thaai Casting Limited	23 Feb 2024	Large (25-50 Cr)	12.07	153.44

Company Name	IPO Year (Listed)	Issue size	PE Ratio	Listing Gain (%)
Capital Numbers Infotech Limited	27 Jan 2025	Very Large (>50 Cr)	23.50	4.18
Delta Autocorp Limited	14 Jan 2025	Very Large (>50 Cr)	24.11	34.62
Freshara Agro Exports Limited	24 Oct 2024	Very Large (>50 Cr)	11.98	16.12
Afcom Holdings Limited	09 Aug 2024	Very Large (>50 Cr)	10.65	99.49
Sathlokhar Synergys E&C Global Limited	06 Aug 2024	Very Large (>50 Cr)	12.89	76.43
Petro Carbon and Chemicals Limited	02 Jul 2024	Very Large (>50 Cr)	4.51	84.21
ABS Marine Services Limited	21 May 2024	Very Large (>50 Cr)	15.32	90.00
Basilic Fly Studio Limited	11 Sep 2023	Very Large (>50 Cr)	8.08	193.35
Essen Speciality Films Limited	06 Jul 2023	Very Large (>50 Cr)	16.50	30.84

Company Name	IPO Year (Listed)	Subscription	PE Ratio	Listing Gain (%)
S A Tech Software India Limited	02 Aug 2024	621.25	7.76	99.49
Petro Carbon and Chemicals Limited	02 Jul 2024	92.01	4.51	84.21
Naman In-Store (India) Limited	02 Apr 2024	309.03	7.58	33.43
Basilic Fly Studio Limited	11 Sep 2023	358.60	8.08	193.35
Srivari Spices and Foods Limited	18 Aug 2023	450.03	9.59	153.69
Agarwal Float Glass India Limited	23 Feb 2023	5.16	5.68	4.76
Pritika Engineering Components Limited	08 Dec 2022	158.56	8.76	52.76
Sabar Flex India Limited	21 Sep 2022	85.47	9.48	100.45
Veekayem Fashion and Apparels Limited	22 Aug 2022	301.47	8.72	78.57

Company Name	IPO Year (Listed)	Subscription	PE Ratio	Listing Gain (%)
Chamunda Electrical Limited	11 Feb 2025	737.97	14.66	40.00
NACDAC Infrastructure Limited	24 Dec 2024	2209.76	14.28	99.49
Emerald Tyre Manufacturers Limited	12 Dec 2024	530.59	15.12	99.47
Rajputana Biodiesel Limited	03 Dec 2024	718.81	11.74	99.50
Freshara Agro Exports Limited	24 Oct 2024	236.80	11.98	16.12
Lakshya Powertech Limited	23 Oct 2024	573.36	12.67	99.50
Afcom Holdings Limited	09 Aug 2024	303.03	10.65	99.49
Sathlokhar Synergys E&C Global Limited	06 Aug 2024	211.13	12.89	76.43
Medicamen Organics Limited	28 Jun 2024	993.56	15.41	325.59
HOAC Foods India Limited	24 May 2024	2013.64	18.57	190.94
ABS Marine Services Limited	21 May 2024	144.44	15.32	90.00
Thaai Casting Limited	23 Feb 2024	375.43	12.07	153.44
Maxposure Limited	23 Jan 2024	987.47	10.12	317.42
Kay Cee Energy & Infra Limited	05 Jan 2024	1052.45	12.25	343.33
Trident Techlabs Limited	29 Dec 2023	763.30	13.62	425.00
Maitreya Medicare Limited	07 Nov 2023	446.79	10.92	88.35
Essen Speciality Films Limited	06 Jul 2023	71.03	16.50	30.84
MCON Rasayan India Limited	20 Mar 2023	384.64	14.71	20.00
Anlon Technology Solutions Limited	10 Jan 2023	428.62	11.71	151.10
Uma Converter Limited	29 Dec 2022	16.66	10.31	0.45
Mafia Trends Limited	06 Oct 2022	4.94	15.21	11.07
Dhyaani Tile And Marblez Limited	12 Apr 2022	2.16	15.94	7.45
Ascensive Educare Limited	12 Jan 2022	2.67	18.98	11.35

Company Name	IPO Year (Listed)	Subscription	PE Ratio	Listing Gain (%)
Voler Car Limited	19 Feb 2025		20.17	0.00
Capital Numbers Infotech Limited	27 Jan 2025	134.62	23.50	4.18
Delta Autocorp Limited	14 Jan 2025	342.10	24.11	34.62
JFL Life Sciences Limited	08 Sep 2022	8.93	26.52	9.02
Naapbooks Limited	15 Sep 2021	1.58	29.25	0.00

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

Company Name	IPO Year (Listed)	Subscription	PE Ratio	Listing Gain (%)
Koura Fine Diamond Jewelry Limited	14 Mar 2024	733.01	58.23	42.96
Achyut Healthcare Limited	30 Mar 2022	4.35	54.05	5.75

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

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

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

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
Chamunda Electrical Limited	11 Feb 2025	Ahmedabad	Power and Energy	14.60	14.66
Lakshya Powertech Limited	23 Oct 2024	Ahmedabad	Engineering	49.91	12.67
Koura Fine Diamond Jewelry Limited	14 Mar 2024	Ahmedabad	Jewellery	5.50	58.23
Mafia Trends Limited	06 Oct 2022	Ahmedabad	Retail	3.60	15.21
Sabar Flex India Limited	21 Sep 2022	Ahmedabad	Packaging & Disposables	4.48	9.48
JFL Life Sciences Limited	08 Sep 2022	Ahmedabad	Pharmaceutical	18.17	26.52
Dhyaani Tile And Marblez Limited	12 Apr 2022	Ahmedabad	Ceramic and Stone - Marble, Tiles and Granite	2.45	15.94
Achyut Healthcare Limited	30 Mar 2022	Ahmedabad	Pharmaceutical	3.60	54.05
Naapbooks Limited	15 Sep 2021	Ahmedabad	Information Technology - Data Solutions	3.99	29.25

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Delta Autocorp Limited	14 Jan 2025	Bardhaman	Electric Equipments	54.60	24.11

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Emerald Tyre Manufacturers Limited	12 Dec 2024	Chennai	Rubber	49.26	15.12
Freshara Agro Exports Limited	24 Oct 2024	Chennai	Agro	75.39	11.98
Afcom Holdings Limited	09 Aug 2024	Chennai	Logistics	73.83	10.65
Sathlokhar Synergys E&C Global Limited	06 Aug 2024	Chennai	Engineering - EPC	92.93	12.89
ABS Marine Services Limited	21 May 2024	Chennai	Logistics	96.29	15.32
Basilic Fly Studio Limited	11 Sep 2023	Chennai	Film and Animation - VFX	66.35	8.08

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Uma Converter Limited	29 Dec 2022	Gandhinagar	Packaging & Disposables	18.41	10.31

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Srivari Spices and Foods Limited	18 Aug 2023	Hyderabad	Agro - Flour Mill	9.00	9.59

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Rajputana Biodiesel Limited	03 Dec 2024	Jaipur	Chemical	24.70	11.74
Agarwal Float Glass India Limited	23 Feb 2023	Jaipur	Glass	9.20	5.68

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Voler Car Limited	19 Feb 2025	Kolkata	Travel and Tourism	27.00	20.17
Capital Numbers Infotech Limited	27 Jan 2025	Kolkata	Information Technology - Data Solutions	169.37	23.50
Petro Carbon and Chemicals Limited	02 Jul 2024	Kolkata	Chemical	113.16	4.51
Ascensive Educare Limited	12 Jan 2022	Kolkata	Education - Edtech	2.26	18.98

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Kay Cee Energy & Infra Limited	05 Jan 2024	Kota	Engineering - EPC	15.93	12.25

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Pritika Engineering Components Limited	08 Dec 2022	Mohali	Engineering - Automotive	9.42	8.76

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Naman In-Store (India) Limited	02 Apr 2024	Mumbai	Furniture	25.35	7.58
MCON Rasayan India Limited	20 Mar 2023	Mumbai	Chemical - Paint and Adhesives	6.84	14.71
Anlon Technology Solutions Limited	10 Jan 2023	Mumbai	Engineering	15.00	11.71
Veekayem Fashion and Apparels Limited	22 Aug 2022	Mumbai	Textiles - Fabrics	4.44	8.72

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
NACDAC Infrastructure Limited	24 Dec 2024	New Delhi	Real Estate	10.01	14.28
Medicamen Organics Limited	28 Jun 2024	New Delhi	Pharmaceutical	10.54	15.41
HOAC Foods India Limited	24 May 2024	New Delhi	Agro - Food Products	5.54	18.57
Maxposure Limited	23 Jan 2024	New Delhi	Advertising and Media	20.26	10.12
Trident Techlabs Limited	29 Dec 2023	New Delhi	Engineering - Tech Solutions	16.03	13.62

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
S A Tech Software India Limited	02 Aug 2024	Pune	Information Technology - Data Solutions	23.01	7.76

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Essen Speciality Films Limited	06 Jul 2023	Rajkot	Plastic and Polymer	66.33	16.50

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Maitreya Medicare Limited	07 Nov 2023	Surat	Healthcare - Hospitals and Clinic	14.89	10.92

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Thaai Casting Limited	23 Feb 2024	Tiruvallur	Automobile - Forging and Casting	47.20	12.07

Company Name	IPO Year (Listed)	Offer Price	CMP	CMP %
Voler Car Limited	19 Feb 2025	90.00	91.45	2
Chamunda Electrical Limited	11 Feb 2025	50.00	52.90	6
NACDAC Infrastructure Limited	24 Dec 2024	35.00	43.02	23
Emerald Tyre Manufacturers Limited	12 Dec 2024	95.00	143.90	51
Rajputana Biodiesel Limited	03 Dec 2024	130.00	279.85	115
Freshara Agro Exports Limited	24 Oct 2024	116.00	163.70	41
Lakshya Powertech Limited	23 Oct 2024	180.00	194.55	8
Afcom Holdings Limited	09 Aug 2024	108.00	817.50	657
Sathlokhar Synergys E&C Global Limited	06 Aug 2024	140.00	422.05	201
S A Tech Software India Limited	02 Aug 2024	59.00	63.55	8
Petro Carbon and Chemicals Limited	02 Jul 2024	171.00	175.50	3
Medicamen Organics Limited	28 Jun 2024	34.00	36.70	8
HOAC Foods India Limited	24 May 2024	48.00	118.75	147
Naman In-Store (India) Limited	02 Apr 2024	89.00	91.00	2
Thaai Casting Limited	23 Feb 2024	77.00	102.10	33
Maxposure Limited	23 Jan 2024	33.00	64.25	95
Kay Cee Energy & Infra Limited	05 Jan 2024	54.00	231.00	328
Trident Techlabs Limited	29 Dec 2023	35.00	888.35	2438
Maitreya Medicare Limited	07 Nov 2023	82.00	290.25	254
Basilic Fly Studio Limited	11 Sep 2023	97.00	246.00	154
Srivari Spices and Foods Limited	18 Aug 2023	42.00	148.00	252
Essen Speciality Films Limited	06 Jul 2023	107.00	513.85	380
MCON Rasayan India Limited	20 Mar 2023	40.00	140.00	250
Agarwal Float Glass India Limited	23 Feb 2023	42.00	47.00	12
Anlon Technology Solutions Limited	10 Jan 2023	100.00	267.20	167
Pritika Engineering Components Limited	08 Dec 2022	29.00	85.85	196
Veekayem Fashion and Apparels Limited	22 Aug 2022	28.00	264.95	846
Naapbooks Limited	15 Sep 2021	74.00	105.00	42

Company Name	IPO Year (Listed)	Offer Price	CMP	CMP %
Capital Numbers Infotech Limited	27 Jan 2025	263.00	158.55	-40
Delta Autocorp Limited	14 Jan 2025	130.00	78.25	-40
ABS Marine Services Limited	21 May 2024	147.00	126.25	-14
Koura Fine Diamond Jewelry Limited	14 Mar 2024	55.00	34.50	-37
Uma Converter Limited	29 Dec 2022	33.00	31.00	-6
Mafia Trends Limited	06 Oct 2022	28.00	17.00	-39
Sabar Flex India Limited	21 Sep 2022	11.00	8.10	-26
JFL Life Sciences Limited	08 Sep 2022	61.00	21.05	-65
Dhyaani Tile And Marblez Limited	12 Apr 2022	51.00	17.77	-65
Achyut Healthcare Limited	30 Mar 2022	20.00	3.81	-81
Ascensive Educare Limited	12 Jan 2022	26.00	12.10	-53

Company Name	IPO Year (Listed)	Listing Price	CMP	CMP %
Voler Car Limited	19 Feb 2025	90.00	91.45	2
Rajputana Biodiesel Limited	03 Dec 2024	259.35	279.85	8
Freshara Agro Exports Limited	24 Oct 2024	134.70	163.70	22
Afcom Holdings Limited	09 Aug 2024	215.45	817.50	279
Sathlokhar Synergys E&C Global Limited	06 Aug 2024	247.00	422.05	71
Trident Techlabs Limited	29 Dec 2023	183.75	888.35	383
Maitreya Medicare Limited	07 Nov 2023	154.45	290.25	88
Srivari Spices and Foods Limited	18 Aug 2023	106.55	148.00	39
Essen Speciality Films Limited	06 Jul 2023	140.00	513.85	267
MCON Rasayan India Limited	20 Mar 2023	48.00	140.00	192
Agarwal Float Glass India Limited	23 Feb 2023	44.00	47.00	7
Anlon Technology Solutions Limited	10 Jan 2023	251.10	267.20	6
Pritika Engineering Components Limited	08 Dec 2022	44.30	85.85	94
Veekayem Fashion and Apparels Limited	22 Aug 2022	50.00	264.95	430
Naapbooks Limited	15 Sep 2021	74.00	105.00	42

Company Name	IPO Year (Listed)	Listing Price	CMP	CMP %
Chamunda Electrical Limited	11 Feb 2025	70.00	52.90	-24
Capital Numbers Infotech Limited	27 Jan 2025	274.00	158.55	-42
Delta Autocorp Limited	14 Jan 2025	175.00	78.25	-55
NACDAC Infrastructure Limited	24 Dec 2024	69.82	43.02	-38
Emerald Tyre Manufacturers Limited	12 Dec 2024	189.50	143.90	-24
Lakshya Powertech Limited	23 Oct 2024	359.10	194.55	-46
S A Tech Software India Limited	02 Aug 2024	117.70	63.55	-46
Petro Carbon and Chemicals Limited	02 Jul 2024	315.00	175.50	-44
Medicamen Organics Limited	28 Jun 2024	144.70	36.70	-75
HOAC Foods India Limited	24 May 2024	139.65	118.75	-15
ABS Marine Services Limited	21 May 2024	279.30	126.25	-55
Naman In-Store (India) Limited	02 Apr 2024	118.75	91.00	-23
Koura Fine Diamond Jewelry Limited	14 Mar 2024	78.63	34.50	-56
Thaai Casting Limited	23 Feb 2024	195.15	102.10	-48
Maxposure Limited	23 Jan 2024	137.75	64.25	-53
Kay Cee Energy & Infra Limited	05 Jan 2024	239.40	231.00	-4
Basilic Fly Studio Limited	11 Sep 2023	284.55	246.00	-14
Uma Converter Limited	29 Dec 2022	33.15	31.00	-6
Mafia Trends Limited	06 Oct 2022	31.10	17.00	-45
Sabar Flex India Limited	21 Sep 2022	22.05	8.10	-63
JFL Life Sciences Limited	08 Sep 2022	66.50	21.05	-68
Dhyaani Tile And Marblez Limited	12 Apr 2022	54.80	17.77	-68
Achyut Healthcare Limited	30 Mar 2022	21.15	3.81	-82
Ascensive Educare Limited	12 Jan 2022	28.95	12.10	-58

Company Name	IPO Year (Listed)	Exchange	PE Ratio	IPO Size (Cr.)
Voler Car Limited	19 Feb 2025	NSE EMERGE	20.17	27.00
Chamunda Electrical Limited	11 Feb 2025	NSE EMERGE	14.66	14.60
Delta Autocorp Limited	14 Jan 2025	NSE EMERGE	24.11	54.60
Emerald Tyre Manufacturers Limited	12 Dec 2024	NSE EMERGE	15.12	49.26
Rajputana Biodiesel Limited	03 Dec 2024	NSE EMERGE	11.74	24.70
Freshara Agro Exports Limited	24 Oct 2024	NSE EMERGE	11.98	75.39
Lakshya Powertech Limited	23 Oct 2024	NSE EMERGE	12.67	49.91
Sathlokhar Synergys E&C Global Limited	06 Aug 2024	NSE EMERGE	12.89	92.93
S A Tech Software India Limited	02 Aug 2024	NSE EMERGE	7.76	23.01
Petro Carbon and Chemicals Limited	02 Jul 2024	NSE EMERGE	4.51	113.16
Medicamen Organics Limited	28 Jun 2024	NSE EMERGE	15.41	10.54
HOAC Foods India Limited	24 May 2024	NSE EMERGE	18.57	5.54
ABS Marine Services Limited	21 May 2024	NSE EMERGE	15.32	96.29
Naman In-Store (India) Limited	02 Apr 2024	NSE EMERGE	7.58	25.35
Thaai Casting Limited	23 Feb 2024	NSE EMERGE	12.07	47.20
Maxposure Limited	23 Jan 2024	NSE EMERGE	10.12	20.26
Kay Cee Energy & Infra Limited	05 Jan 2024	NSE EMERGE	12.25	15.93
Trident Techlabs Limited	29 Dec 2023	NSE EMERGE	13.62	16.03
Maitreya Medicare Limited	07 Nov 2023	NSE EMERGE	10.92	14.89
Basilic Fly Studio Limited	11 Sep 2023	NSE EMERGE	8.08	66.35
Srivari Spices and Foods Limited	18 Aug 2023	NSE EMERGE	9.59	9.00
Essen Speciality Films Limited	06 Jul 2023	NSE EMERGE	16.50	66.33
MCON Rasayan India Limited	20 Mar 2023	NSE EMERGE	14.71	6.84
Agarwal Float Glass India Limited	23 Feb 2023	NSE EMERGE	5.68	9.20
Anlon Technology Solutions Limited	10 Jan 2023	NSE EMERGE	11.71	15.00
Uma Converter Limited	29 Dec 2022	NSE EMERGE	10.31	18.41
Pritika Engineering Components Limited	08 Dec 2022	NSE EMERGE	8.76	9.42
Sabar Flex India Limited	21 Sep 2022	NSE EMERGE	9.48	4.48
JFL Life Sciences Limited	08 Sep 2022	NSE EMERGE	26.52	18.17
Veekayem Fashion and Apparels Limited	22 Aug 2022	NSE EMERGE	8.72	4.44

Company Name	IPO Year (Listed)	Exchange	PE Ratio	IPO Size (Cr.)
Capital Numbers Infotech Limited	27 Jan 2025	BSE SME	23.50	169.37
NACDAC Infrastructure Limited	24 Dec 2024	BSE SME	14.28	10.01
Afcom Holdings Limited	09 Aug 2024	BSE SME	10.65	73.83
Koura Fine Diamond Jewelry Limited	14 Mar 2024	BSE SME	58.23	5.50
Mafia Trends Limited	06 Oct 2022	BSE SME	15.21	3.60
Dhyaani Tile And Marblez Limited	12 Apr 2022	BSE SME	15.94	2.45
Achyut Healthcare Limited	30 Mar 2022	BSE SME	54.05	3.60
Ascensive Educare Limited	12 Jan 2022	BSE SME	18.98	2.26
Naapbooks Limited	15 Sep 2021	BSE SME	29.25	3.99

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

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

	GYR Capital Advisors Private Limited
SME IPOs so far	39
SME IPOs listing on Exchange
NSE Emerge	30 (77%)
BSE SME	9 (23%)
SME IPOs by Listing
Gain	37 (95%)
Loss	2 (5%)
SME IPOs by Subscription:
Subscribed upto 5 times	6 (15%)
Subscribed 5 to 25 times	3 (8%)
Subscribed 25 to 50 times	0 (0%)
Subscribed 50 to 100 times	3 (8%)
Subscribed more than 100 times	27 (69%)
SME IPOs with IPO Size:
Very small (< 5 Cr)	7 (18%)
Small (5-10 Cr)	6 (15%)
Medium (10-25 Cr)	12 (31%)
Large (25-50 Cr)	5 (13%)
Very Large (>50 Cr)	9 (23%)
SME IPOs by PE :
Low (1-10)	9 (23%)
Average (10-20)	23 (59%)
Moderately High (20-30)	5 (13%)
Very High (30-50)	0 (0%)
Extreme (50+)	2 (5%)
NA	0 (0%)
SME IPOs by Sector :
Engineering	1
Agro	1
Textiles	1
Information Technology	3
Chemical	1
SME IPOs by City :
Mumbai	4
Ahmedabad	9
New Delhi	5
Kolkata	4
Surat	1
Offer Price Vs Current Market Price
Gain	28 (72%)
Loss	11 (28%)
Listing Price Vs Current Market Price
Gain	15 (38%)
Loss	24 (62%)
SME IPOs migrated to Mainboard	0 (0%)