Best IPOs and Worst IPOs - Mainboard - March 2026

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The best performing and worst performing Mainboard IPOs in March 2026. This IPO screener table also looks at the subscription status, current gains, listing gains, and issue size.

Listing day open Analysis - March 2026

No. of Stocks Listed in Profit4 (40.0%)
No. of Stocks Listed in Loss6 (60.0%)
Avg Listing Gains-5.1%

In March 2026, 4 mainboard stocks opened on listing day in profit and 6 opened in loss, with an average listing gain of -5.11%.

Listing day close Analysis - March 2026

No. of Stocks Closed in Profit4 (40.0%)
No. of Stocks Closed in Loss6 (60.0%)
End of Listing Day Avg Gain-7.2%

In March 2026, at listing day close, 4 mainboard stocks were profitable and 6 were in loss, with an average EOD gain of -7.22%.

IPO Till Date Analysis - March 2026

No. of Stocks in Profit8 (80.0%)
No. of Stocks in Loss2 (20.0%)
Average returns till date38.8%

Out of all mainboard IPOs that listed in March 2026, 8 stocks are in profit and 2 in loss till date, reflecting an overall average gain of 38.82%.

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.
Central Mine Planning Design250.117860.030 Mar 261842.1 Cr₹ 1723.5x0.3x0.3x1.1x160.0154.1-7.0%+45.4%
GSP Crop Science597.52779.524 Mar 26400.0 Cr₹ 3202.7x3.0x0.4x1.6x328.0356.3+2.5%+86.7%
Raajmarg Infra Investment117.07018.824 Mar 266000.0 Cr₹ 10019.1x7.3x-13.7x107.0106.9+7.0%+17.0%
Innovision284.8678.223 Mar 26305.8 Cr₹ 51913.8x8.3x0.6x3.3x467.7374.2-9.9%-45.1%
Rajputana Stainless152.71276.219 Mar 26255.0 Cr₹ 1222.5x2.6x0.3x1.1x122.0113.00.0%+25.2%
SEDEMAC Mechatronics2810.412413.711 Mar 261087.5 Cr₹ 13528.5x0.8x0.2x2.7x1535.01451.1+13.5%+107.9%
Omnitech Engineering578.47152.205 Mar 26583.0 Cr₹ 2272.9x0.7x0.3x1.1x202.0204.9-11.0%+154.8%
PNGS Reva Diamond Jewellery511.21620.404 Mar 26380.0 Cr₹ 3861.0x1.5x1.3x1.2x375.0411.7-2.9%+32.4%
Shree Ram Twistex39.8159.102 Mar 26110.2 Cr₹ 1043.9x220.3x76.6x43.7x68.071.4-34.6%-61.7%
Clean Max Enviro Energy1323.815524.402 Mar 263100.0 Cr₹ 10532.8x0.5x0.1x0.9x960.0867.5-8.8%+25.7%

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.