Best IPOs and Worst IPOs - SME - January 2023

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The best performing and worst performing SME IPOs in January 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 - January 2023

No. of Stocks Listed in Profit10 (100.0%)
No. of Stocks Listed in Loss0 (0.0%)
Avg Listing Gains39.9%

In January 2023, 10 SME stocks opened on listing day in profit and 0 opened in loss, with an average listing gain of 39.91%.

Listing day close Analysis - January 2023

No. of Stocks Closed in Profit10 (100.0%)
No. of Stocks Closed in Loss0 (0.0%)
End of Listing Day Avg Gain44.1%

In January 2023, at listing day close, 10 SME stocks were profitable and 0 were in loss, with an average EOD gain of 44.15%.

IPO Till Date Analysis - January 2023

No. of Stocks in Profit6 (60.0%)
No. of Stocks in Loss4 (40.0%)
Average returns till date145.3%

Out of all SME IPOs that listed in January 2023, 6 stocks are in profit and 4 in loss till date, reflecting an overall average gain of 145.33%.

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.
Dharni Capital65.0132.431 Jan 2310.7 Cr₹ 20-6.3x6.8x6.5x21.020.3+5.0%+225.0%
Aristo Bio-Tech109.374.430 Jan 2313.1 Cr₹ 72-285.8x149.5x217.7x80.084.0+11.1%+51.8%
Ducol Organics & Colours107.1193.019 Jan 2331.5 Cr₹ 78-58.1x31.0x44.6x112.0117.5+43.5%+37.3%
Logica Infoway154.0274.117 Jan 2316.9 Cr₹ 225-1.9x1.6x1.7x270.0283.5+20.0%+310.7%
Chaman Metallics97.0234.016 Jan 2324.2 Cr₹ 38-255.9x159.8x207.9x68.064.6+79.0%+155.1%
Rex Sealing120.031.012 Jan 238.1 Cr₹ 135-2.0x3.3x2.6x137.0143.8+1.5%-11.1%
SVS Ventures5.912.612 Jan 2311.2 Cr₹ 20-0.5x2.0x1.3x20.521.5+2.5%-70.6%
Anlon Technology598.0374.110 Jan 2315.0 Cr₹ 10054.5x883.6x446.8x428.5x251.1263.6+151.1%+498.1%
RBM Infracon266.0282.804 Jan 238.4 Cr₹ 36-46.3x34.2x40.3x52.555.1+45.8%+638.9%
Homesfy Realty119.038.402 Jan 2315.9 Cr₹ 197-26.8x16.5x21.7x275.1287.9+39.6%-39.6%

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.