Best IPOs and Worst IPOs - Mainboard - 2024
Visit FAQsThe best performing and worst performing Mainboard IPOs in 2024. 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 - 2024
| No. of Stocks Listed in Profit | 76 (82.6%) |
| No. of Stocks Listed in Loss | 16 (17.4%) |
| Avg Listing Gains | 28.2% |
In 2024, 76 mainboard stocks opened on listing day in profit and 16 opened in loss, with an average listing gain of 28.19%.
Listing day close Analysis - 2024
| No. of Stocks Closed in Profit | 73 (79.3%) |
| No. of Stocks Closed in Loss | 19 (20.7%) |
| End of Listing Day Avg Gain | 29.8% |
In 2024, at listing day close, 73 mainboard stocks were profitable and 19 were in loss, with an average EOD gain of 29.76%.
IPO Till Date Analysis - 2024
| No. of Stocks in Profit | 50 (54.3%) |
| No. of Stocks in Loss | 42 (45.7%) |
| Average returns till date | 26.2% |
Out of all mainboard IPOs that listed in 2024, 50 stocks are in profit and 42 in loss till date, reflecting an overall average gain of 26.24%.
| Unimech Aerospace | 1446.7 | 7364.0 | 31 Dec 24 | 500.0 Cr | ₹ 785 | 317.6x | 263.8x | 56.7x | 175.3x | 1460.0 | 1376.3 | +86.0% | +84.3% |
| Senores Pharmaceuticals Ltd. | 1342.6 | 6183.2 | 30 Dec 24 | 582.1 Cr | ₹ 391 | 94.7x | 96.1x | 89.2x | 93.4x | 600.0 | 557.0 | +53.5% | +243.4% |
| Carraro India Ltd. | 502.1 | 2854.2 | 30 Dec 24 | 1250.0 Cr | ₹ 704 | 2.2x | 0.6x | 0.7x | 1.1x | 651.0 | 636.2 | -7.5% | -28.7% |
| Ventive Hospitality Ltd. | 599.9 | 14010.2 | 30 Dec 24 | 1600.0 Cr | ₹ 643 | 9.1x | 13.8x | 5.9x | 9.8x | 716.0 | 704.4 | +11.3% | -6.7% |
| Concord Enviro Systems Ltd. | 275.9 | 571.1 | 27 Dec 24 | 500.3 Cr | ₹ 701 | 17.3x | 14.2x | 5.6x | 10.7x | 826.0 | 827.1 | +17.8% | -60.6% |
| Transrail Lighting Ltd. | 473.4 | 6355.7 | 27 Dec 24 | 838.9 Cr | ₹ 432 | 201.1x | 76.4x | 22.1x | 80.8x | 590.0 | 553.5 | +36.6% | +9.6% |
| Sanathan Textiles Ltd. | 477.8 | 4032.8 | 27 Dec 24 | 550.0 Cr | ₹ 321 | 75.6x | 42.2x | 8.9x | 35.1x | 422.3 | 388.4 | +31.6% | +48.9% |
| Mamata Machinery Ltd. | 428.2 | 1053.7 | 27 Dec 24 | 179.4 Cr | ₹ 243 | 235.9x | 274.4x | 138.1x | 194.9x | 600.0 | 630.0 | +146.9% | +76.2% |
| Dam Capital Advisors Ltd. | 152.0 | 1074.6 | 27 Dec 24 | 840.3 Cr | ₹ 283 | 166.3x | 98.6x | 27.1x | 82.1x | 393.0 | 415.1 | +38.9% | -46.3% |
| International Gemmological Institute India Ltd. | 355.8 | 15376.2 | 20 Dec 24 | 4225.0 Cr | ₹ 417 | 45.8x | 24.8x | 11.2x | 33.8x | 510.0 | 471.1 | +22.3% | -14.7% |
| Inventurus Knowledge Solutions Ltd. | 1737.7 | 29814.3 | 19 Dec 24 | 2497.9 Cr | ₹ 1329 | 80.6x | 23.3x | 14.6x | 52.7x | 1900.0 | 1960.8 | +43.0% | +30.8% |
| One MobiKwik Systems Ltd. | 200.3 | 1577.3 | 18 Dec 24 | 572.0 Cr | ₹ 279 | 119.5x | 109.0x | 134.7x | 119.4x | 440.0 | 528.0 | +57.7% | -28.2% |
| Sai Life Sciences Ltd. | 1365.2 | 28985.1 | 18 Dec 24 | 3042.6 Cr | ₹ 549 | 30.9x | 4.9x | 1.4x | 10.3x | 650.0 | 764.6 | +18.4% | +148.7% |
| Vishal Mega Mart Ltd. | 108.7 | 50927.8 | 18 Dec 24 | 8000.0 Cr | ₹ 78 | 80.8x | 14.2x | 2.3x | 27.3x | 104.0 | 111.9 | +33.3% | +39.4% |
| Suraksha Diagnostic Ltd. | 249.6 | 1299.7 | 06 Dec 24 | 846.3 Cr | ₹ 441 | 1.7x | 1.4x | 0.9x | 1.3x | 438.0 | 417.3 | -0.7% | -43.4% |
| Enviro Infra Engineers Ltd. | 213.2 | 3741.6 | 29 Nov 24 | 650.4 Cr | ₹ 148 | 157.1x | 153.8x | 24.5x | 89.9x | 220.0 | 207.1 | +48.6% | +44.0% |
| NTPC Green Energy Ltd. | 91.5 | 77100.9 | 27 Nov 24 | 10000.0 Cr | ₹ 108 | 3.3x | 0.8x | 3.4x | 2.4x | 111.5 | 121.7 | +3.2% | -15.3% |
| Zinka Logistics Solutions Ltd. | 577.6 | 10521.9 | 22 Nov 24 | 1114.7 Cr | ₹ 273 | 2.8x | 0.2x | 1.7x | 1.9x | 280.9 | 260.1 | +2.9% | +111.6% |
| Niva Bupa Health Insurance Company Ltd. | 86.2 | 15938.5 | 14 Nov 24 | 2200.0 Cr | ₹ 74 | 2.1x | 0.7x | 2.7x | 1.8x | 78.1 | 74.0 | +5.6% | +16.5% |
| ACME Solar Holdings Ltd. | 368.6 | 26055.4 | 13 Nov 24 | 2900.0 Cr | ₹ 289 | 3.5x | 1.0x | 3.1x | 2.8x | 251.0 | 253.2 | -13.2% | +27.5% |
| Swiggy Ltd. | 280.8 | 77495.8 | 13 Nov 24 | 11327.4 Cr | ₹ 390 | 6.0x | 0.4x | 1.1x | 3.6x | 420.0 | 456.0 | +7.7% | -28.0% |
| Sagility India Ltd. | 43.7 | 20443.4 | 12 Nov 24 | 2106.6 Cr | ₹ 30 | 3.5x | 1.9x | 4.2x | 3.2x | 31.1 | 29.3 | +3.5% | +45.6% |
| Afcons Infrastructure Ltd. | 274.3 | 10086.5 | 04 Nov 24 | 5430.0 Cr | ₹ 463 | 3.8x | 5.0x | 0.9x | 2.6x | 426.0 | 474.2 | -8.0% | -40.8% |
| Godavari Biorefineries Ltd. | 246.9 | 1263.8 | 30 Oct 24 | 554.8 Cr | ₹ 352 | 2.8x | 0.9x | 1.7x | 1.8x | 308.0 | 343.2 | -12.5% | -29.8% |
| Waaree Energies Ltd. | 2717.0 | 78154.9 | 28 Oct 24 | 4321.4 Cr | ₹ 1503 | 208.6x | 62.5x | 10.8x | 76.3x | 2500.0 | 2338.9 | +66.3% | +80.8% |
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.