Best IPOs and Worst IPOs - SME & Mainboard - 2024

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The best performing and worst performing SME & Mainboard IPOs in 2024. This IPO screener table also looks at the subscription status, current gains, listing gains, and issue size.

Listing day open Analysis - 2024

No. of Stocks Listed in Profit303 (89.1%)
No. of Stocks Listed in Loss37 (10.9%)
Avg Listing Gains49.0%
In 2024, 303 stocks opened on listing day in profit and 37 opened in loss, with an average listing gain of 48.97%.

Listing day close Analysis - 2024

No. of Stocks Closed in Profit293 (86.2%)
No. of Stocks Closed in Loss47 (13.8%)
End of Listing Day Avg Gain50.7%
In 2024, at listing day close, 293 stocks were profitable and 47 were in loss, with an average EOD gain of 50.69%.

IPO Till Date Analysis - 2024

No. of Stocks in Profit151 (44.4%)
No. of Stocks in Loss189 (55.6%)
Average returns till date49.8%
Out of all IPOs that listed in 2024, 151 stocks are in profit and 189 in loss till date, reflecting an overall average gain of 49.80%.
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.
Unimech Aerospace1873.19534.531 Dec `24500.0 Cr₹ 785317.6x263.8x56.7x175.3x1460.01376.3+86.0%+138.6%
Ventive Hospitality Ltd.582.413600.330 Dec `241600.0 Cr₹ 6439.1x13.8x5.9x9.8x716.0704.4+11.3%-9.4%
Carraro India Ltd.525.62988.430 Dec `241250.0 Cr₹ 7042.2x0.6x0.7x1.1x651.0636.2-7.5%-25.3%
Senores Pharmaceuticals Ltd.1388.66395.030 Dec `24582.1 Cr₹ 39194.7x96.1x89.2x93.4x600.0557.0+53.5%+255.1%
Newmalayalam Steel Ltd.23.240.127 Dec `2441.8 Cr₹ 901.2x23.5x83.3x48.2x90.085.50.0%-74.2%
Dam Capital Advisors Ltd.152.51078.027 Dec `24840.3 Cr₹ 283166.3x98.6x27.1x82.1x393.0415.1+38.9%-46.1%
Mamata Machinery Ltd.395.6973.627 Dec `24179.4 Cr₹ 243235.9x274.4x138.1x194.9x600.0630.0+146.9%+62.8%
Sanathan Textiles Ltd.525.64436.727 Dec `24550.0 Cr₹ 32175.6x42.2x8.9x35.1x422.3388.4+31.6%+63.8%
Transrail Lighting Ltd.482.46476.527 Dec `24838.9 Cr₹ 432201.1x76.4x22.1x80.8x590.0553.5+36.6%+11.7%
Concord Enviro Systems Ltd.260.6539.427 Dec `24500.3 Cr₹ 70117.3x14.2x5.6x10.7x826.0827.1+17.8%-62.8%
Identical Brains Studios Ltd.21.429.926 Dec `2419.9 Cr₹ 5499.7x1357.7x721.7x506.1x95.099.8+75.9%-60.5%
NACDAC Infrastructure Ltd.21.722.824 Dec `2410.0 Cr₹ 35118.2x5237.1x3232.8x1976.1x66.569.8+90.0%-38.0%
Hamps Bio Ltd.25.422.220 Dec `246.2 Cr₹ 51-719.8x1286.8x1003.3x96.9101.7+90.0%-0.2%
International Gemmological Institute India Ltd.319.613811.820 Dec `244225.0 Cr₹ 41745.8x24.8x11.2x33.8x510.0471.1+22.3%-23.4%
Yash Highvoltage Ltd.1211.23465.119 Dec `24110.0 Cr₹ 14665.7x439.0x201.3x169.2x277.4291.3+90.0%+729.5%
Inventurus Knowledge Solutions Ltd.1761.030214.019 Dec `242497.9 Cr₹ 132980.6x23.3x14.6x52.7x1900.01960.8+43.0%+32.5%
Supreme Facility Management Ltd.20.952.018 Dec `2450.0 Cr₹ 767.8x15.0x40.4x25.7x75.071.3-1.3%-72.4%
Purple United Sales Ltd.495.9476.518 Dec `2432.8 Cr₹ 12645.9x358.5x206.3x148.9x199.0208.9+57.9%+293.5%
Vishal Mega Mart Ltd.101.047293.118 Dec `248000.0 Cr₹ 7880.8x14.2x2.3x27.3x104.0111.9+33.3%+29.4%
Sai Life Sciences Ltd.1558.133096.918 Dec `243042.6 Cr₹ 54930.9x4.9x1.4x10.3x650.0764.6+18.4%+183.8%
One MobiKwik Systems Ltd.242.11906.818 Dec `24572.0 Cr₹ 279119.5x109.0x134.7x119.4x440.0528.0+57.7%-13.2%
Jungle Camps India Ltd.40.562.817 Dec `2429.4 Cr₹ 72104.5x1010.5x731.8x460.0x136.8130.0+90.0%-43.8%
Toss The Coin Ltd.163.730.917 Dec `249.2 Cr₹ 18278.0x1281.8x2060.8x952.6x345.8363.1+90.0%-10.1%
Dhanlaxmi Crop Science Ltd.26.543.316 Dec `2423.8 Cr₹ 5596.3x1722.9x738.4x565.0x104.5109.7+90.0%-51.8%
Emerald Tyre Manufacturers Ltd.73.0142.112 Dec `2449.3 Cr₹ 95102.9x1199.3x734.8x488.5x180.5189.5+90.0%-23.2%

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.