Best IPOs and Worst IPOs - SME & Mainboard - July 2024

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

Listing day open Analysis - July 2024

No. of Stocks Listed in Profit31 (100.0%)
No. of Stocks Listed in Loss0 (0.0%)
Avg Listing Gains67.0%
In July 2024, 31 stocks opened on listing day in profit and 0 opened in loss, with an average listing gain of 67.02%.

Listing day close Analysis - July 2024

No. of Stocks Closed in Profit29 (93.5%)
No. of Stocks Closed in Loss2 (6.5%)
End of Listing Day Avg Gain59.6%
In July 2024, at listing day close, 29 stocks were profitable and 2 were in loss, with an average EOD gain of 59.64%.

IPO Till Date Analysis - July 2024

No. of Stocks in Profit18 (58.1%)
No. of Stocks in Loss13 (41.9%)
Average returns till date126.2%
Out of all IPOs that listed in July 2024, 18 stocks are in profit and 13 in loss till date, reflecting an overall average gain of 126.21%.
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.
Manglam Infra12.922.731 Jul `2427.6 Cr₹ 5679.7x923.4x454.5x337.4x106.4111.7+90.0%-77.0%
Chetana Education41.985.431 Jul `2445.9 Cr₹ 8553.7x622.4x179.3x183.0x98.9103.8+16.4%-50.8%
VVIP Infratech137.1342.330 Jul `2461.2 Cr₹ 93168.4x335.9x181.7x220.0x176.7185.5+90.0%+47.4%
V L Infraprojects24.638.630 Jul `2418.5 Cr₹ 42107.5x961.0x1114.5x588.0x79.883.8+90.0%-41.5%
SAR Televenture91.7459.629 Jul `24150.0 Cr₹ 2104.4x15.3x9.9x8.0x225.1232.6+7.2%-56.4%
RNFI Services317.3805.629 Jul `2470.8 Cr₹ 10574.0x678.5x210.8x212.6x199.5189.6+90.0%+202.1%
Sanstar108.41975.926 Jul `24510.1 Cr₹ 95145.7x136.5x24.2x83.0x109.0115.1+14.7%+14.1%
Kataria Industries155.8335.524 Jul `2454.6 Cr₹ 9690.9x1286.9x364.5x366.1x182.4191.5+90.0%+62.3%
Macobs Technologies206.0201.824 Jul `2419.5 Cr₹ 7540.8x305.5x202.5x190.1x96.0100.8+28.0%+174.7%
Tunwal E-Motors25.4146.823 Jul `24115.6 Cr₹ 59-7.3x15.8x11.6x64.060.8+8.5%-56.9%
Aelea Commodities148.4302.322 Jul `2451.0 Cr₹ 95104.2x288.8x164.9x182.2x165.0173.3+73.7%+56.2%
Sati Poly Plast33.016.322 Jul `2417.4 Cr₹ 13077.3x755.1x887.9x462.7x247.00.0+90.0%-74.6%
Three M Paper Boards23.545.222 Jul `2439.8 Cr₹ 6979.4x210.8x175.2x159.4x76.079.8+10.1%-65.9%
Prizor Viztech1128.11217.922 Jul `2425.1 Cr₹ 8749.5x372.4x354.9x204.9x165.30.0+90.0%+1196.7%
Sahaj Solar90.0197.719 Jul `2452.6 Cr₹ 180112.5x1132.8x702.2x472.0x342.0359.1+90.0%0.0%
Effwa Infra & Research356.2824.512 Jul `2451.3 Cr₹ 8286.4x650.4x429.6x291.1x155.8163.6+90.0%+334.4%
Ganesh Green Bharat210.3521.712 Jul `24125.2 Cr₹ 19080.8x616.3x231.5x213.9x361.0379.1+90.0%+10.7%
Ambey Laboratories27.072.611 Jul `2444.7 Cr₹ 6833.0x279.0x258.9x148.9x85.089.3+25.0%-60.3%
Bansal Wire321.45031.710 Jul `24745.0 Cr₹ 256146.1x51.5x13.6x59.6x356.0350.4+39.1%+25.6%
Emcure Pharma1950.637004.910 Jul `241952.0 Cr₹ 1008195.8x48.3x7.2x67.9x1325.01359.2+31.4%+93.5%
Nephro Care93.5154.205 Jul `2441.3 Cr₹ 90121.0x2214.8x782.4x666.6x171.0179.6+90.0%+3.9%
Diensten Tech129.5107.603 Jul `2422.1 Cr₹ 1005.1x206.8x47.6x50.2x240.0252.0+140.0%+29.5%
Vraj Iron & Steel126.2416.403 Jul `24171.0 Cr₹ 207163.9x208.8x54.9x119.0x240.0252.0+15.9%-39.0%
Divine Power Energy626.01562.802 Jul `2422.8 Cr₹ 4073.1x632.9x678.8x369.1x155.0152.3+287.5%+1465.0%
Petro Carbon445.31099.902 Jul `24113.2 Cr₹ 17149.1x169.5x96.7x83.8x300.0315.0+75.4%+160.4%

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.