Best IPOs and Worst IPOs - SME - 2023

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The best performing and worst performing SME IPOs in 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 - 2023

No. of Stocks Listed in Profit161 (91.0%)
No. of Stocks Listed in Loss16 (9.0%)
Avg Listing Gains34.2%
In 2023, 161 SME stocks opened on listing day in profit and 16 opened in loss, with an average listing gain of 34.18%.

Listing day close Analysis - 2023

No. of Stocks Closed in Profit147 (83.1%)
No. of Stocks Closed in Loss30 (16.9%)
End of Listing Day Avg Gain36.4%
In 2023, at listing day close, 147 SME stocks were profitable and 30 were in loss, with an average EOD gain of 36.44%.

IPO Till Date Analysis - 2023

No. of Stocks in Profit96 (54.2%)
No. of Stocks in Loss81 (45.8%)
Average returns till date107.2%
Out of all SME IPOs that listed in 2023, 96 stocks are in profit and 81 in loss till date, reflecting an overall average gain of 107.18%.
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.
Supreme Power Equipment273.3683.029 Dec `2346.7 Cr₹ 65-159.3x161.2x160.3x98.0102.9+50.8%+320.5%
Indifra11.98.729 Dec `2314.0 Cr₹ 65-2.3x11.5x6.9x72.068.4+10.8%-81.7%
Trident Techlabs99.9172.629 Dec `2316.0 Cr₹ 3541.4x825.8x1023.1x502.6x98.2103.0+180.4%+185.4%
Shanti Spintex34.958.927 Dec `2331.3 Cr₹ 7014.3x42.6x22.0x25.5x76.079.8+8.6%-50.1%
Electro Force16.839.327 Dec `2380.7 Cr₹ 93-2.1x6.1x4.1x100.0105.0+7.5%-81.9%
Sahara Maritime22.06.826 Dec `236.9 Cr₹ 81-8.6x34.5x21.6x81.081.20.0%-72.8%
Siyaram Recycling32.771.221 Dec `2323.0 Cr₹ 4696.4x441.6x459.1x358.1x55.057.8+19.6%-29.0%
Benchmark Computer43.029.521 Dec `2312.2 Cr₹ 66-179.9x279.5x229.7x80.077.1+21.2%-34.9%
Shree OSFM E-Mobility45.870.521 Dec `2324.6 Cr₹ 65-6.6x8.8x7.7x65.068.30.0%-29.5%
S J Logistics302.9463.219 Dec `2348.0 Cr₹ 12561.7x651.2x473.1x294.1x175.0183.8+40.0%+142.3%
Presstonic Engg36.956.218 Dec `2323.3 Cr₹ 72-127.0x179.3x153.2x140.0147.0+94.4%-48.8%
Accent Microcell592.51421.315 Dec `2378.4 Cr₹ 14063.0x766.7x544.7x337.1x300.0315.0+114.3%+323.2%
Graphisads22.841.613 Dec `2353.4 Cr₹ 111-2.0x5.3x3.6x111.5106.0+0.5%-79.5%
Sheetal Universal370.8444.111 Dec `2323.8 Cr₹ 70-201.9x123.2x162.5x75.075.4+7.1%+429.7%
Marinetrans13.216.708 Dec `2310.9 Cr₹ 26-17.2x44.8x31.0x30.031.0+15.4%-49.4%
Net Avenue Tech5.311.308 Dec `2310.3 Cr₹ 1832.8x822.1x958.5x475.2x42.039.9+133.3%-70.8%
AMIC Forging2011.82110.106 Dec `2334.8 Cr₹ 12691.4x435.9x273.0x268.8x239.4251.3+90.0%+1496.7%
Deepak Chemtex82.089.106 Dec `2323.0 Cr₹ 8096.8x473.2x475.4x374.3x152.0159.6+90.0%+2.5%
Swashthik Plascon17.433.905 Dec `2340.8 Cr₹ 863.4x26.7x13.6x14.4x120.1126.1+39.6%-79.8%
Rockingdeals Circular204.4142.730 Nov `2321.0 Cr₹ 14017.7x438.7x195.2x143.0x300.0315.0+114.3%+46.0%
Arrowhead Seperation69.212.928 Nov `2313.0 Cr₹ 233-44.9x134.6x89.8x250.0237.5+7.3%-70.3%
Sunrest Lifescience33.528.820 Nov `2310.8 Cr₹ 84-27.8x62.4x45.1x84.079.80.0%-60.1%
Kalyani Cast-Tech1024.7735.817 Nov `2330.1 Cr₹ 13966.3x188.6x190.9x162.4x264.1277.3+90.0%+637.2%
ROX Hi-Tech68.4184.316 Nov `2354.5 Cr₹ 8344.8x440.4x256.3x178.2x135.0141.8+62.6%-17.6%
Baba Food Processing22.837.215 Nov `2333.0 Cr₹ 76135.9x34.0x137.4x66.0x76.072.20.0%-70.0%

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.