Best IPOs and Worst IPOs - SME & Mainboard - September 2022
Visit FAQsThe best performing and worst performing SME & Mainboard IPOs in September 2022. 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 - September 2022
| No. of Stocks Listed in Profit | 19 (86.4%) |
| No. of Stocks Listed in Loss | 3 (13.6%) |
| Avg Listing Gains | 32.1% |
In September 2022, 19 stocks opened on listing day in profit and 3 opened in loss, with an average listing gain of 32.09%.
Listing day close Analysis - September 2022
| No. of Stocks Closed in Profit | 17 (77.3%) |
| No. of Stocks Closed in Loss | 5 (22.7%) |
| End of Listing Day Avg Gain | 34.4% |
In September 2022, at listing day close, 17 stocks were profitable and 5 were in loss, with an average EOD gain of 34.35%.
IPO Till Date Analysis - September 2022
| No. of Stocks in Profit | 12 (54.5%) |
| No. of Stocks in Loss | 10 (45.5%) |
| Average returns till date | 148.1% |
Out of all IPOs that listed in September 2022, 12 stocks are in profit and 10 in loss till date, reflecting an overall average gain of 148.10%.
| Containe Tech | 27.6 | 17.2 | 30 Sep 22 | 2.6 Cr | ₹ 15 | - | 154.1x | 76.2x | 115.7x | 22.0 | 23.1 | +46.7% | +83.7% |
| Maks Energy Solutions | 17.2 | 11.9 | 28 Sep 22 | 4.0 Cr | ₹ 20 | - | 36.2x | 16.4x | 26.3x | 20.0 | 21.0 | 0.0% | -14.0% |
| Kandarp Digi Smart | 102.8 | 92.2 | 28 Sep 22 | 8.1 Cr | ₹ 30 | - | 0.9x | 2.8x | 1.8x | 30.0 | 28.5 | 0.0% | +242.5% |
| Annapurna Swadisht | 156.6 | 341.6 | 27 Sep 22 | 30.3 Cr | ₹ 68 | 18.3x | 301.1x | 225.5x | 133.4x | 120.0 | 126.0 | +76.5% | +130.2% |
| Varanium Cloud | 5.8 | 24.7 | 27 Sep 22 | 36.6 Cr | ₹ 122 | - | 5.8x | 5.1x | 5.5x | 131.0 | 128.6 | +7.4% | -80.8% |
| Harsha Engineers | 426.4 | 3882.1 | 26 Sep 22 | 755.0 Cr | ₹ 330 | 178.3x | 71.3x | 17.6x | 74.7x | 450.0 | 486.5 | +36.4% | +29.2% |
| Ishan International | 0.5 | 9.7 | 22 Sep 22 | 18.2 Cr | ₹ 80 | - | 1.6x | 1.6x | 1.6x | 82.0 | 82.8 | +2.5% | -83.2% |
| Tapi Fruit Processing | 50.0 | 21.5 | 22 Sep 22 | 5.2 Cr | ₹ 48 | - | 1.9x | 3.3x | 2.6x | 52.1 | 54.7 | +8.5% | +4.2% |
| Sabar Flex | 6.5 | 12.6 | 21 Sep 22 | 4.5 Cr | ₹ 11 | - | 116.5x | 54.3x | 85.4x | 21.0 | 22.1 | +90.9% | -40.5% |
| Mega Flex Plastics | 100.0 | 111.0 | 19 Sep 22 | 11.4 Cr | ₹ 40 | - | 52.8x | 39.0x | 45.9x | 54.0 | 56.7 | +35.0% | +150.0% |
| Shantidoot Infra Serv | 590.0 | 106.1 | 19 Sep 22 | 4.0 Cr | ₹ 81 | - | 2.4x | 3.3x | 2.9x | 105.0 | 110.3 | +29.6% | +628.4% |
| Viviana Power Tech | 715.8 | 724.7 | 16 Sep 22 | 8.8 Cr | ₹ 55 | - | 97.5x | 72.8x | 85.1x | 90.0 | 94.5 | +63.6% | +1982.0% |
| 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% |
| Tamilnad Mercantile Bank | 876.0 | 13870.8 | 15 Sep 22 | 831.6 Cr | ₹ 525 | 1.6x | 2.9x | 6.5x | 2.9x | 495.0 | 509.6 | -5.7% | +66.8% |
| EP Biocomposites | 94.5 | 15.9 | 13 Sep 22 | 6.3 Cr | ₹ 126 | - | 21.6x | 15.4x | 18.5x | 160.3 | 168.3 | +27.2% | -25.0% |
| JFL Life Sciences | 13.7 | 90.1 | 08 Sep 22 | 18.2 Cr | ₹ 61 | - | 6.2x | 11.7x | 8.9x | 70.0 | 66.5 | +14.8% | -77.6% |
| Jay Jalaram Tech | 170.5 | 206.7 | 08 Sep 22 | 10.8 Cr | ₹ 36 | - | 18.6x | 11.4x | 15.0x | 50.0 | 52.5 | +38.9% | +373.6% |
| Dipna Pharmachem | 4.9 | 12.9 | 08 Sep 22 | 15.2 Cr | ₹ 38 | - | 0.8x | 4.8x | 2.8x | 32.0 | 33.4 | -15.8% | -87.1% |
| Ameya Precision Engineers | 104.3 | 78.2 | 08 Sep 22 | 7.1 Cr | ₹ 34 | - | 259.2x | 243.5x | 251.3x | 68.4 | 65.4 | +101.2% | +206.8% |
| Dreamfolks Services | 70.1 | 373.5 | 06 Sep 22 | 562.1 Cr | ₹ 326 | 70.5x | 37.7x | 43.6x | 56.7x | 508.7 | 462.4 | +56.0% | -78.5% |
| Rhetan TMT | 33.4 | 2658.4 | 05 Sep 22 | 56.0 Cr | ₹ 70 | - | 2.2x | 0.8x | 1.5x | 70.0 | 66.5 | 0.0% | +1684.0% |
| Naturo bull | 2.6 | 4.9 | 02 Sep 22 | 10.9 Cr | ₹ 30 | - | 8.4x | 32.1x | 20.3x | 25.0 | 26.3 | -16.7% | -91.3% |
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.