Best IPOs and Worst IPOs - SME - October 2022

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The best performing and worst performing SME IPOs in October 2022. This IPO screener table also looks at the subscription status, current gains, listing gains, and issue size.

Listing day open Analysis - October 2022

No. of Stocks Listed in Profit14 (87.5%)
No. of Stocks Listed in Loss2 (12.5%)
Avg Listing Gains43.8%

In October 2022, 14 SME stocks opened on listing day in profit and 2 opened in loss, with an average listing gain of 43.80%.

Listing day close Analysis - October 2022

No. of Stocks Closed in Profit14 (87.5%)
No. of Stocks Closed in Loss2 (12.5%)
End of Listing Day Avg Gain49.8%

In October 2022, at listing day close, 14 SME stocks were profitable and 2 were in loss, with an average EOD gain of 49.84%.

IPO Till Date Analysis - October 2022

No. of Stocks in Profit7 (43.8%)
No. of Stocks in Loss9 (56.3%)
Average returns till date308.7%

Out of all SME IPOs that listed in October 2022, 7 stocks are in profit and 9 in loss till date, reflecting an overall average gain of 308.69%.

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.
Phantom Digital155.2247.021 Oct 2229.1 Cr₹ 9514.8x554.8x207.0x164.2x300.0312.7+215.8%+63.3%
Pace E-Commerce14.632.920 Oct 2266.5 Cr₹ 103-1.7x0.6x1.1x104.5109.7+1.5%-85.8%
Maagh Advertising25.4572.013 Oct 229.1 Cr₹ 60-0.2x0.3x0.3x62.365.4+3.8%+429.6%
Frog Cellsat214.2333.213 Oct 2241.6 Cr₹ 1025.4x70.9x22.1x21.1x177.0185.8+73.5%+110.0%
Swastik Pipe19.344.712 Oct 2262.5 Cr₹ 100-1.4x1.3x1.4x66.069.3-34.0%-80.8%
QMS Medical Allied113.3219.111 Oct 2256.9 Cr₹ 121-1.3x0.5x0.9x128.0134.4+5.8%-6.4%
Lloyds Luxuries67.5161.211 Oct 2224.0 Cr₹ 40-11.6x1.8x6.7x45.142.9+12.9%+68.8%
Insolation Energy110.62438.210 Oct 2222.2 Cr₹ 36-150.0x235.4x192.7x76.179.9+111.4%+2972.2%
Steelman Telecom68.866.610 Oct 2226.0 Cr₹ 967.8x70.1x22.8x22.4x161.0169.1+67.7%-28.3%
Trident Lifeline258.4304.910 Oct 2235.3 Cr₹ 101-1.7x1.0x1.3x105.0108.2+4.0%+155.9%
Cyber Media Research63.418.610 Oct 2214.0 Cr₹ 1716.3x62.6x27.8x22.3x245.3257.5+43.4%-62.9%
Concord Control2517.82548.110 Oct 228.3 Cr₹ 5315.2x307.4x423.7x202.2x110.0115.4+107.5%+7499.8%
Cargotrans Maritime88.452.310 Oct 224.9 Cr₹ 45-129.6x166.6x148.1x70.073.5+55.6%+96.4%
Reetech International17.57.410 Oct 2211.7 Cr₹ 105-1.4x1.9x1.7x82.083.6-21.9%-83.3%
Silicon Rental Solutions77.688.610 Oct 2221.1 Cr₹ 78-2.9x2.9x2.9x80.084.0+2.6%-0.5%
Cargosol Logistics25.926.410 Oct 227.6 Cr₹ 28-84.6x26.0x55.3x42.444.5+51.4%-7.5%

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.