Best IPOs and Worst IPOs - SME - July 2024

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The best performing and worst performing SME IPOs in July 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 - July 2024

No. of Stocks Listed in Profit26 (100.0%)
No. of Stocks Listed in Loss0 (0.0%)
Avg Listing Gains75.5%

In July 2024, 26 SME stocks opened on listing day in profit and 0 opened in loss, with an average listing gain of 75.48%.

Listing day close Analysis - July 2024

No. of Stocks Closed in Profit24 (92.3%)
No. of Stocks Closed in Loss2 (7.7%)
End of Listing Day Avg Gain66.2%

In July 2024, at listing day close, 24 SME stocks were profitable and 2 were in loss, with an average EOD gain of 66.20%.

IPO Till Date Analysis - July 2024

No. of Stocks in Profit14 (53.8%)
No. of Stocks in Loss12 (46.2%)
Average returns till date121.2%

Out of all SME IPOs that listed in July 2024, 14 stocks are in profit and 12 in loss till date, reflecting an overall average gain of 121.22%.

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.
Chetana Education47.396.431 Jul 2445.9 Cr₹ 8553.7x622.4x179.3x183.0x98.9103.8+16.4%-44.4%
Manglam Infra13.123.131 Jul 2427.6 Cr₹ 5679.7x923.4x454.5x337.4x106.4111.7+90.0%-76.6%
V L Infraprojects29.145.630 Jul 2418.5 Cr₹ 42107.5x961.0x1114.5x588.0x79.883.8+90.0%-30.8%
VVIP Infratech122.0304.630 Jul 2461.2 Cr₹ 93168.4x335.9x181.7x220.0x176.7185.5+90.0%+31.2%
RNFI Services280.8711.929 Jul 2470.8 Cr₹ 10574.0x678.5x210.8x212.6x199.5189.6+90.0%+167.4%
SAR Televenture112.3563.429 Jul 24150.0 Cr₹ 2104.4x15.3x9.9x8.0x225.1232.6+7.2%-46.5%
Macobs Technologies210.6206.224 Jul 2419.5 Cr₹ 7540.8x305.5x202.5x190.1x96.0100.8+28.0%+180.7%
Kataria Industries97.1209.124 Jul 2454.6 Cr₹ 9690.9x1286.9x364.5x366.1x182.4191.5+90.0%+1.1%
Tunwal E-Motors26.4152.323 Jul 24115.6 Cr₹ 59-7.3x15.8x11.6x64.060.8+8.5%-55.3%
Prizor Viztech899.0970.622 Jul 2425.1 Cr₹ 8749.5x372.4x354.9x204.9x165.30.0+90.0%+933.3%
Three M Paper Boards24.246.622 Jul 2439.8 Cr₹ 6979.4x210.8x175.2x159.4x76.079.8+10.1%-64.9%
Sati Poly Plast48.023.722 Jul 2417.4 Cr₹ 13077.3x755.1x887.9x462.7x247.00.0+90.0%-63.1%
Aelea Commodities144.2293.622 Jul 2451.0 Cr₹ 95104.2x288.8x164.9x182.2x165.0173.3+73.7%+51.7%
Sahaj Solar109.7240.919 Jul 2452.6 Cr₹ 180112.5x1132.8x702.2x472.0x342.0359.1+90.0%+21.8%
Ganesh Green Bharat254.8632.112 Jul 24125.2 Cr₹ 19080.8x616.3x231.5x213.9x361.0379.1+90.0%+34.1%
Effwa Infra & Research379.8879.012 Jul 2451.3 Cr₹ 8286.4x650.4x429.6x291.1x155.8163.6+90.0%+363.1%
Ambey Laboratories20.855.811 Jul 2444.7 Cr₹ 6833.0x279.0x258.9x148.9x85.089.3+25.0%-69.5%
Nephro Care75.8125.005 Jul 2441.3 Cr₹ 90121.0x2214.8x782.4x666.6x171.0179.6+90.0%-15.8%
Diensten Tech120.099.103 Jul 2422.1 Cr₹ 1005.1x206.8x47.6x50.2x240.0252.0+140.0%+20.0%
Akiko Global321.3346.002 Jul 2423.1 Cr₹ 776.2x65.0x63.9x35.2x98.093.3+27.3%+317.2%
Petro Carbon297.4734.602 Jul 24113.2 Cr₹ 17149.1x169.5x96.7x83.8x300.0315.0+75.4%+73.9%
Divine Power Energy555.91387.802 Jul 2422.8 Cr₹ 4073.1x632.9x678.8x369.1x155.0152.3+287.5%+1289.8%
Shivalic Power66.0159.201 Jul 2464.3 Cr₹ 10090.2x578.5x305.0x238.6x311.0326.6+211.0%-34.0%
Sylvan Plyboard49.896.501 Jul 2428.1 Cr₹ 55-72.2x84.8x78.5x66.069.3+20.0%-9.4%
Mason Infratech119.8286.901 Jul 2430.5 Cr₹ 644.2x67.3x48.6x30.7x88.092.4+37.5%+87.3%

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:

  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.