Best IPOs and Worst IPOs - SME - August 2023

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The best performing and worst performing SME IPOs in August 2023. 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 - August 2023

No. of Stocks Listed in Profit13 (86.7%)
No. of Stocks Listed in Loss2 (13.3%)
Avg Listing Gains54.9%

In August 2023, 13 SME stocks opened on listing day in profit and 2 opened in loss, with an average listing gain of 54.87%.

Listing day close Analysis - August 2023

No. of Stocks Closed in Profit12 (80.0%)
No. of Stocks Closed in Loss3 (20.0%)
End of Listing Day Avg Gain60.2%

In August 2023, at listing day close, 12 SME stocks were profitable and 3 were in loss, with an average EOD gain of 60.16%.

IPO Till Date Analysis - August 2023

No. of Stocks in Profit9 (60.0%)
No. of Stocks in Loss6 (40.0%)
Average returns till date175.1%

Out of all SME IPOs that listed in August 2023, 9 stocks are in profit and 6 in loss till date, reflecting an overall average gain of 175.09%.

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.
Sungarner Energies221.951.531 Aug 235.3 Cr₹ 83-100.8x175.5x138.2x250.0262.4+201.2%+167.3%
Bondada Engineering296.73313.330 Aug 2342.7 Cr₹ 758.6x365.7x135.5x106.6x142.5149.6+90.0%+1878.0%
Crop Life Science69.0118.330 Aug 2326.7 Cr₹ 52-1.6x6.8x4.2x56.053.1+7.6%+32.7%
Shoora Designs77.735.929 Aug 232.0 Cr₹ 48-33.2x87.7x60.4x91.295.8+90.0%+61.9%
Shelter Pharma26.143.923 Aug 2316.0 Cr₹ 42-6.4x21.2x13.8x40.042.0-4.8%-38.0%
Srivari Spices & Foods236.0202.318 Aug 239.0 Cr₹ 4242.0x1044.5x687.9x418.4x101.5106.5+141.7%+461.9%
Yudiz Solutions26.227.017 Aug 2344.8 Cr₹ 1651.5x6.8x8.5x4.8x185.0181.4+12.1%-84.1%
Sangani Hospitals45.062.017 Aug 2315.2 Cr₹ 4010.8x1.4x5.9x4.4x44.041.9+10.0%+12.5%
Oriana Power1448.82943.811 Aug 2359.7 Cr₹ 11827.4x239.3x193.7x117.4x302.0317.1+155.9%+1127.8%
Vinsys IT Services577.0851.111 Aug 2349.8 Cr₹ 12814.0x101.0x106.0x59.3x207.3217.6+61.9%+350.8%
Zeal Global Services66.087.809 Aug 2336.5 Cr₹ 103-4.2x3.6x3.9x147.0154.3+42.7%-35.9%
Khazanchi Jewellers735.91821.107 Aug 2396.7 Cr₹ 140-1.8x0.7x1.3x142.3149.4+1.6%+425.6%
Shri Techtex58.0144.704 Aug 2345.1 Cr₹ 6130.9x333.4x207.5x138.1x81.285.2+33.0%-4.9%
Innovatus Entertainment14.234.304 Aug 237.7 Cr₹ 50-57.0x142.9x100.0x50.049.00.0%-71.7%
Yasons Chemex Care9.919.203 Aug 2320.6 Cr₹ 40-45.3x65.2x55.2x32.033.6-20.0%-75.1%

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.