Best IPOs and Worst IPOs - SME & Mainboard - August 2023

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The best performing and worst performing SME & Mainboard IPOs in August 2023. This IPO screener table also looks at the subscription status, current gains, listing gains, and issue size.

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Listing day open Analysis - August 2023

No. of Stocks Listed in Profit19 (90.5%)
No. of Stocks Listed in Loss2 (9.5%)
Avg Listing Gains46.8%
In August 2023, 19 stocks opened on listing day in profit and 2 opened in loss, with an average listing gain of 46.80%.

Listing day close Analysis - August 2023

No. of Stocks Closed in Profit18 (85.7%)
No. of Stocks Closed in Loss3 (14.3%)
End of Listing Day Avg Gain50.6%
In August 2023, at listing day close, 18 stocks were profitable and 3 were in loss, with an average EOD gain of 50.56%.

IPO Till Date Analysis - August 2023

No. of Stocks in Profit15 (71.4%)
No. of Stocks in Loss6 (28.6%)
Average returns till date124.5%
Out of all IPOs that listed in August 2023, 15 stocks are in profit and 6 in loss till date, reflecting an overall average gain of 124.50%.
Search in Table
IPO screener results: company, price, market cap, listing date, issue details, subscription figures and listing gains. Column headers are buttons that sort the table.
Sungarner Energies310.071.931 Aug `235.3 Cr₹ 83-100.8x175.5x138.2x250.0262.4+201.2%+273.5%
Aeroflex Industries505.26685.431 Aug `23351.0 Cr₹ 108194.7x126.1x34.4x97.1x190.0163.3+75.9%+367.8%
Crop Life Science67.6115.930 Aug `2326.7 Cr₹ 52-1.6x6.8x4.2x56.053.1+7.6%+30.0%
Bondada Engineering290.63245.230 Aug `2342.7 Cr₹ 758.6x365.7x135.5x106.6x142.5149.6+90.0%+1837.3%
Shoora Designs76.035.129 Aug `232.0 Cr₹ 48-33.2x87.7x60.4x91.295.8+90.0%+58.3%
Pyramid Technoplast150.9555.029 Aug `23153.1 Cr₹ 1669.9x32.2x14.7x18.3x185.0175.8+11.4%-9.1%
Shelter Pharma47.181.523 Aug `2316.0 Cr₹ 42-6.4x21.2x13.8x40.042.0-4.8%+12.2%
TVS Supply Chain121.25348.523 Aug `23880.0 Cr₹ 1971.4x2.4x7.6x2.8x207.1201.0+5.1%-38.5%
Srivari Spices & Foods287.3246.218 Aug `239.0 Cr₹ 4242.0x1044.5x687.9x418.4x101.5106.5+141.7%+583.9%
Concord Biotech1285.813451.618 Aug `231551.0 Cr₹ 74167.7x17.0x3.8x24.9x900.0942.8+21.5%+73.5%
Sangani Hospitals63.086.817 Aug `2315.2 Cr₹ 4010.8x1.4x5.9x4.4x44.041.9+10.0%+57.5%
Yudiz Solutions25.626.417 Aug `2344.8 Cr₹ 1651.5x6.8x8.5x4.8x185.0181.4+12.1%-84.5%
SBFC Finance83.49270.016 Aug `231025.0 Cr₹ 57192.9x49.1x11.0x70.2x82.092.2+43.9%+46.3%
Vinsys IT Services598.3882.411 Aug `2349.8 Cr₹ 12814.0x101.0x106.0x59.3x207.3217.6+61.9%+367.4%
Oriana Power259.02631.311 Aug `2359.7 Cr₹ 11827.4x239.3x193.7x117.4x302.0317.1+155.9%+997.5%
Zeal Global Services68.090.509 Aug `2336.5 Cr₹ 103-4.2x3.6x3.9x147.0154.3+42.7%-34.0%
Yatharth Hospital971.09356.007 Aug `23686.5 Cr₹ 30085.1x37.2x8.3x36.2x306.1333.9+2.0%+223.7%
Khazanchi Jewellers741.51835.007 Aug `2396.7 Cr₹ 140-1.8x0.7x1.3x142.3149.4+1.6%+429.6%
Innovatus Entertainment14.234.304 Aug `237.7 Cr₹ 50-57.0x142.9x100.0x50.049.00.0%-71.7%
Shri Techtex61.9154.404 Aug `2345.1 Cr₹ 6130.9x333.4x207.5x138.1x81.285.2+33.0%+1.5%
Yasons Chemex Care8.115.603 Aug `2320.6 Cr₹ 40-45.3x65.2x55.2x32.033.6-20.0%-79.8%

FAQ

  • An initial public offering (IPO) is a procedure by which private companies sell their shares to public investors through a book-building process. Investors will bid to buy shares within a price band, and based on the highest number of bids received at a particular price, the issue price will be determined.

  • QIBs are the registered institutional investors that directly apply in the Qualified Institutional Bidders category.

    HNIs are investors who apply for shares in an IPO worth above Rs 2 lakh and come under non individual investor (or HNI) category.

    Retail investors are individuals who apply for shares less than Rs 2 lakh in an IPO.

  • Investors should have a demat account with their broker. If you have a demat account, you can look for the IPO section in your demat account and select the company in which you want to invest in. Based on the amount you bid for, you will be classified either as a retail or HNI investor. Remember, the value of the shares for which you have placed bids in an IPO will be blocked from your account till the allotment of shares is completed. If you are allotted shares in the IPO, then any balance amount will be unblocked or credited into your account.

  • The IPO allotment process depends on the category of investors:

    1. Retail Individual Investor (RII) Category Retail investors can bid for shares up to ₹2,00,000. Shares are allotted through a lottery system if the IPO is oversubscribed in this category. Each eligible applicant has an equal chance of receiving at least one lot, regardless of when the application was submitted, provided the application is valid.
    2. High Net-Worth Individual (HNI) Investors who bid for shares worth more than ₹2,00,000 fall under this category. Allotment in the HNI category is done on a proportionate basis, i.e., in proportion to the amount of the bid. For example, if you apply for 1% of the total shares available in this category, you will receive 1% of the shares allotted to HNIs.

    General Notes:

    • Oversubscription: If an IPO is heavily oversubscribed, the chances of allotment in the RII category decrease, and it is purely based on a random lottery.
    • Application Modes: Investors can apply through ASBA (Applications Supported by Blocked Amount) via their banks or through online platforms provided by brokers.