Most Successful IPOs - SME & Mainboard
Visit FAQsTop SME & Mainboard IPOs that listed recently, with the highest current gains. This IPO screener tracks the best performing IPOs this year as well as from previous years, This table also looks at the subscription status, listing gains, and issue size.
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| Divine Power Energy | 555.9 | 1387.8 | 02 Jul 24 | 22.8 Cr | ₹ 40 | 73.1x | 632.9x | 678.8x | 369.1x | 155.0 | 152.3 | +287.5% | +1289.8% |
| HOAC Foods | 730.0 | 316.8 | 24 May 24 | 5.5 Cr | ₹ 48 | - | 1317.4x | 2350.6x | 1834.0x | 147.0 | 139.7 | +206.3% | +1420.7% |
| Alpex Solar | 804.0 | 1967.5 | 15 Feb 24 | 74.5 Cr | ₹ 115 | 75.2x | 668.1x | 467.6x | 301.4x | 329.0 | 345.4 | +186.1% | +599.1% |
| TAC Infosec | 511.1 | 1074.5 | 05 Apr 24 | 30.0 Cr | ₹ 106 | 75.1x | 1022.0x | 576.3x | 392.6x | 290.0 | 304.5 | +173.6% | +864.3% |
| Paras Defence | 1277.1 | 10291.8 | 01 Oct 21 | 170.8 Cr | ₹ 175 | 169.7x | 927.7x | 112.8x | 304.3x | 475.0 | 498.8 | +171.4% | +1359.5% |
| Baheti Recycling | 769.5 | 803.9 | 08 Dec 22 | 12.4 Cr | ₹ 45 | - | 259.2x | 435.6x | 347.5x | 120.0 | 114.0 | +166.7% | +1610.1% |
| Australian Premium Solar | 249.3 | 500.9 | 18 Jan 24 | 28.1 Cr | ₹ 54 | 56.9x | 1028.2x | 711.9x | 431.8x | 140.0 | 147.0 | +159.3% | +361.8% |
| Oriana Power | 1448.8 | 2943.8 | 11 Aug 23 | 59.7 Cr | ₹ 118 | 27.4x | 239.3x | 193.7x | 117.4x | 302.0 | 317.1 | +155.9% | +1127.8% |
| Anlon Technology | 598.0 | 374.1 | 10 Jan 23 | 15.0 Cr | ₹ 100 | 54.5x | 883.6x | 446.8x | 428.5x | 251.1 | 263.6 | +151.1% | +498.1% |
| CPS Shapers | 1040.0 | 240.2 | 07 Sep 23 | 11.1 Cr | ₹ 185 | - | 188.0x | 285.4x | 236.7x | 450.0 | 472.5 | +143.2% | +462.2% |
| Srivari Spices & Foods | 236.0 | 202.3 | 18 Aug 23 | 9.0 Cr | ₹ 42 | 42.0x | 1044.5x | 687.9x | 418.4x | 101.5 | 106.5 | +141.7% | +461.9% |
| KRN Heat Exchanger and Refrigeration Ltd. | 1208.4 | 7511.0 | 03 Oct 24 | 341.5 Cr | ₹ 220 | 253.0x | 431.6x | 98.3x | 214.4x | 480.0 | 478.8 | +118.2% | +449.3% |
| Prevest Denpro | 380.8 | 457.1 | 27 Sep 21 | 26.6 Cr | ₹ 84 | 5.8x | 79.0x | 32.9x | 38.1x | 180.6 | 189.6 | +114.9% | +353.3% |
| Virtuoso Optoelectronics | 505.3 | 1645.4 | 15 Sep 22 | 30.2 Cr | ₹ 56 | - | 112.9x | 80.8x | 96.8x | 117.0 | 115.4 | +108.9% | +802.2% |
| Concord Control | 2517.8 | 2548.1 | 10 Oct 22 | 8.3 Cr | ₹ 53 | 15.2x | 307.4x | 423.7x | 202.2x | 110.0 | 115.4 | +107.5% | +7499.8% |
| Vinyas Innovative | 1282.5 | 1614.0 | 06 Oct 23 | 54.7 Cr | ₹ 165 | 22.7x | 126.8x | 28.3x | 40.3x | 330.0 | 346.5 | +100.0% | +677.3% |
| Krishna Defence & Allied | 1181.4 | 1765.9 | 06 Apr 22 | 11.9 Cr | ₹ 39 | 8.8x | 159.9x | 132.3x | 74.8x | 75.0 | 78.8 | +92.3% | +2929.2% |
| PNGS Gargi Jewellery | 600.0 | 628.2 | 20 Dec 22 | 7.8 Cr | ₹ 30 | - | 213.2x | 248.3x | 230.7x | 57.0 | 59.9 | +90.0% | +1899.8% |
| AMIC Forging | 1939.3 | 2034.0 | 06 Dec 23 | 34.8 Cr | ₹ 126 | 91.4x | 435.9x | 273.0x | 268.8x | 239.4 | 251.3 | +90.0% | +1439.1% |
| Afcom Holdings | 1428.3 | 3723.3 | 09 Aug 24 | 73.8 Cr | ₹ 108 | 186.2x | 512.0x | 202.8x | 281.4x | 205.2 | 215.4 | +90.0% | +1222.5% |
| Prizor Viztech | 899.0 | 970.6 | 22 Jul 24 | 25.1 Cr | ₹ 87 | 49.5x | 372.4x | 354.9x | 204.9x | 165.3 | 0.0 | +90.0% | +933.3% |
| Cryogenic OGS | 339.0 | 484.1 | 10 Jul 25 | 17.8 Cr | ₹ 47 | 111.1x | 1537.6x | 1029.4x | 646.5x | 89.3 | 93.8 | +90.0% | +621.3% |
| Anondita Medicare | 1040.7 | 1882.3 | 01 Sep 25 | 69.5 Cr | ₹ 145 | 80.5x | 701.8x | 376.9x | 277.5x | 275.5 | 289.3 | +90.0% | +617.7% |
| Yash Highvoltage Ltd. | 957.0 | 2737.8 | 19 Dec 24 | 110.0 Cr | ₹ 146 | 65.7x | 439.0x | 201.3x | 169.2x | 277.4 | 291.3 | +90.0% | +555.5% |
| Kalyani Cast-Tech | 766.0 | 550.0 | 17 Nov 23 | 30.1 Cr | ₹ 139 | 66.3x | 188.6x | 190.9x | 162.4x | 264.1 | 277.3 | +90.0% | +451.0% |
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:
- 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.
- 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.