Stats

Calendar yearFinancial year

Money raised per year

MainboardSME

Counts only IPOs whose issue size is known, so totals are a floor, not the market total.

0k94k189k₹ Cr2016 SME · ₹27 Cr2016 Mainboard · ₹1,935 Cr162017 SME · ₹474 Cr2017 Mainboard · ₹28,400 Cr172018 SME · ₹2,142 Cr2018 Mainboard · ₹76,353 Cr182019 SME · ₹1,931 Cr2019 Mainboard · ₹19,844 Cr192020 SME · ₹528 Cr2020 Mainboard · ₹20,832 Cr202021 SME · ₹216 Cr2021 Mainboard · ₹30,814 Cr212022 SME · ₹944 Cr2022 Mainboard · ₹1,11,609 Cr222023 SME · ₹2,298 Cr2023 Mainboard · ₹52,554 Cr232024 SME · ₹6,075 Cr2024 Mainboard · ₹61,857 Cr242025 SME · ₹9,811 Cr2025 Mainboard · ₹1,62,514 Cr252026 SME · ₹11,575 Cr2026 Mainboard · ₹1,77,021 Cr262027 SME · ₹7,074 Cr2027 Mainboard · ₹1,40,272 Cr27

Money raised by sector, FY27

SectorUnclassified

Area is money raised, not the number of IPOs. It counts only the 239 of 239 listed IPOs whose issue size is known, so each cell is a floor. Sector is the exchanges' own classification, rolled up.

Financial Services · ₹38,677 Cr · 26.2% of the year · 11 of 11 IPOs with a known sizeFinancial Services₹38,677 CrTelecommunication · ₹30,740 Cr · 20.9% of the year · 2 of 2 IPOs with a known sizeTelecommunication₹30,740 CrCapital Goods · ₹21,910 Cr · 14.9% of the year · 48 of 48 IPOs with a known sizeCapital Goods₹21,910 CrHealthcare · ₹14,964 Cr · 10.2% of the year · 15 of 15 IPOs with a known sizeHealthcare₹14,964 CrServices · ₹8,436 Cr · 5.7% of the year · 15 of 15 IPOs with a known sizeServices₹8,436 CrAutomobile and Auto Components · ₹4,634 Cr · 3.1% of the year · 11 of 11 IPOs with a known sizeAutomobi…₹4,634 CrConsumer Durables · ₹4,116 Cr · 2.8% of the year · 17 of 17 IPOs with a known sizeConsumer…₹4,116 CrRealty · ₹3,716 Cr · 2.5% of the year · 5 of 5 IPOs with a known sizeRealty₹3,716 CrMetals & Mining · ₹3,548 Cr · 2.4% of the year · 11 of 11 IPOs with a known sizeMetals & Min…₹3,548 CrConsumer Services · ₹2,663 Cr · 1.8% of the year · 16 of 16 IPOs with a known sizeConsume…₹2,663 CrInformation Technology · ₹2,634 Cr · 1.8% of the year · 13 of 13 IPOs with a known sizeInforma…₹2,634 CrFast Moving Consumer Goods · ₹2,026 Cr · 1.4% of the year · 10 of 10 IPOs with a known sizeFast Mov…₹2,026 CrPower · ₹1,800 Cr · 1.2% of the year · 1 of 1 IPOs with a known sizePower₹1,800 CrTextiles · ₹1,646 Cr · 1.1% of the year · 19 of 19 IPOs with a known sizeTextil…₹1,646 CrConstruction · ₹1,525 Cr · 1.0% of the year · 13 of 13 IPOs with a known sizeConstr…₹1,525 CrChemicals · ₹1,103 Cr · 0.7% of the year · 8 of 8 IPOs with a known sizeChe…Unclassified · ₹1,033 Cr · 0.7% of the year · 3 of 3 IPOs with a known sizeAgricultural Food & other Products · ₹610 Cr · 0.4% of the year · 6 of 6 IPOs with a known sizeAgr…Media Entertainment & Publication · ₹607 Cr · 0.4% of the year · 8 of 8 IPOs with a known sizeMed…Construction Materials · ₹583 Cr · 0.4% of the year · 3 of 3 IPOs with a known sizeUtilities · ₹252 Cr · 0.2% of the year · 1 of 1 IPOs with a known sizeOil Gas & Consumable Fuels · ₹88 Cr · 0.1% of the year · 2 of 2 IPOs with a known sizeForest Materials · ₹35 Cr · 0.0% of the year · 1 of 1 IPOs with a known size

Unclassified — no exchange classification yet: 3 IPOs, 3 with a known size (₹1,033 Cr).

Listing-gain distribution

Below issueAt or above

1,930 listed IPOs · 25% listed below their issue price

-100% to -50% · 0 IPOs-100-50% to -25% · 12 IPOs12-50-25% to 0% · 478 IPOs478-250% to 25% · 873 IPOs873025% to 50% · 244 IPOs2442550% to 100% · 247 IPOs24750100% to 200% · 57 IPOs57100200% to 1000% · 19 IPOs19200listing gain %, bin lower bound

Subscription against listing gain

MainboardSME

665 IPOs with both figures · x axis is logarithmic; values are clamped to the plotted range

-50%0%50%100%150%0.1×1×10×100×EKI Energy Services Limited · 2.6× · 44.1%INSOLATION ENERGY LIMITED · 173.4× · 110.3%Concord Control Systems Limited · 267.8× · 109.8%Droneacharya Aerial Innovations Limited · 243.7× · 98.3%Earthstahl & Alloys Limited · 222.9× · 44.4%Sealmatic India Limited · 16.6× · 5.0%Macfos Limited · 270.6× · 71.4%RESGEN LIMITED · 2.4× · -0.9%SUDARSHAN PHARMA INDUSTRIES LIMITED · 1.1× · -5.0%Maiden Forgings Limited · 1.2× · -5.0%Exhicon Events Media Solutions Limited · 1.9× · 5.0%INNOKAIZ INDIA LIMITED · 88.4× · 99.5%Comrade Appliances Limited · 71.9× · 69.2%ALPHALOGIC INDUSTRIES LIMITED · 4.6× · 0.3%Kaka Industries Limited · 271.3× · 99.5%ASARFI HOSPITAL LIMITED · 181.5× · 99.5%Kalyani Cast-Tech Limited · 162.4× · 99.5%Swashthik Plascon Limited · 14.4× · 46.6%DEEPAK CHEMTEX LIMITED · 374.3× · 99.5%Amic Forging Limited · 268.8× · 99.5%Siyaram Recycling Industries Limited · 357.1× · 25.5%SHANTI SPINTEX LIMITED · 25.5× · 14.0%Shri Balaji Valve Components Limited · 276.5× · 99.5%New Swan Multitech Limited · 356.9× · 99.5%Euphoria Infotech (India) Limited · 364.7× · 81.5%HARSHDEEP HORTICO LIMITED · 96.4× · 47.8%Pune E - Stock Broking Limited · 296.6× · 60.5%KP GREEN ENGINEERING LIMITED · 27.5× · 45.8%CHATHA FOODS LIMITED · 18.0× · 36.9%Vruddhi Engineering Works Limited · 12.7× · 6.5%Jay Kailash Namkeen Limited · 38.0× · 10.6%EMMFORCE AUTOTECH LIMITED · 338.9× · 99.5%Amkay Products Limited · 693.4× · 99.5%Storage Technologies and Automation Limited · 258.6× · 96.2%Aztec Fluids & Machinery Limited · 203.0× · 27.6%GEM Enviro Management Limited · 244.1× · 99.5%DINDIGUL FARM PRODUCT LIMITED · 188.1× · 99.5%THREE M PAPER BOARDS LIMITED · 159.4× · 15.7%AELEA COMMODITIES LIMITED · 182.2× · 82.4%VVIP Infratech Limited · 219.9× · 99.5%Afcom Holdings Limited · 281.4× · 99.5%MACH CONFERENCES AND EVENTS LIMITED · 182.0× · 31.4%Share Samadhan Limited · 13.6× · 1.2%SUBAM PAPERS LIMITED · 86.5× · -1.9%SHIV TEXCHEM LIMITED · 145.7× · 51.2%RAJESH POWER SERVICES LIMITED · 54.9× · 99.5%NISUS FINANCE SERVICES CO LIMITED · 177.5× · 31.3%JUNGLE CAMPS INDIA LIMITED · 459.7× · 80.5%TOSS THE COIN LIMITED · 951.9× · 99.5%Yash Highvoltage Limited · 169.2× · 99.5%NACDAC Infrastructure Limited · 1976.1× · 99.5%TECHNICHEM ORGANICS LIMITED · 392.6× · 9.3%LEO DRYFRUITS & SPICES TRADING LIMITED · 169.1× · 37.2%FABTECH TECHNOLOGIES CLEANROOMS LIMITED · 688.2× · 99.5%PARMESHWAR METAL LIMITED · 564.0× · 45.4%B.R.GOYAL INFRASTRUCTURE LIMITED · 109.9× · 5.6%Rikhav Securities Limited · 285.3× · 99.5%LANDMARK IMMIGRATION CONSULTANTS LIMITED · 68.5× · 4.3%CAPITALNUMBERS INFOTECH LIMITED · 125.0× · -0.6%GB Logistics Commerce Limited · 172.3× · -19.9%CLN ENERGY LIMITED · 5.1× · 1.7%H.M. ELECTRO MECH LIMITED · 86.1× · 2.7%MALPANI PIPES AND FITTINGS LIMITED · 136.9× · -6.6%SOLARIUM GREEN ENERGY LIMITED · 8.3× · 10.9%Amwill Health Care Limited · 5.5× · -16.0%Beezaasan Explotech Limited · 5.1× · -12.4%PARADEEP PARIVAHAN LIMITED · 1.6× · -16.0%Desco Infratech Limited · 77.7× · 12.0%Identixweb Limited · 24.4× · 6.9%INFONATIVE SOLUTIONS LIMITED · 4.3× · -24.0%SRIGEE DLM LIMITED · 456.8× · 99.5%UNIFIED DATA TECH SOLUTIONS LIMITED · 84.9× · 9.6%ASTONEA LABS LIMITED · 0.4× · 0.5%KWICK FORENSIC SOLUTIONS LIMITED · 267.1× · 75.0%COMPLETE SPORTS AND MANAGEMENT INDIA LIMITED · 3.3× · 8.1%Paluck Technologies Limited · 252.7× · 2.4%Phychem Technologies Limited · 19.4× · 8.9%Amtech Esters Limited · 24.0× · 40.0%Raksan Transformers Limited · 44.2× · 5.0%OM GALAXY LIMITED · 2.0× · 0.9%Century Business Media Limited · 53.9× · -0.1%MAHARAJA & SPEEDEX INDIA LIMITED · 30.2× · 41.1%SHAKTI POLYTARP LIMITED · 11.2× · -3.3%INJECTO POLYMERS LIMITED · 1.2× · -4.0%VAMA WOVENFAB LIMITED · 2.6× · -5.0%FX Multitech Limited · 16.5× · 11.4%VIVEKANAND COTSPIN LIMITED · 1.7× · 7.8%ROBOKIDZ EDUVENTURES LIMITED · 769.5× · 99.5%HIMALAYA NUTRAVEDICS INDIA LIMITED · 0.4× · 15.9%S.K. OFFSET LIMITED · 0.1× · 1.1%UNITEC FIBRES LIMITED · 0.1× · 3.0%LIQVD DIGITAL INDIA LIMITED · 1.0× · -5.5%SAI URJA INDO VENTURES LIMITED · 4.4× · 30.5%Roopa Screen Limited · 350.1× · 80.5%Peshwa Wheat Limited · 2.7× · -5.9%Shree TNB Polymers Limited · 1.9× · 5.8%EVERESTIMS TECHNOLOGIES LIMITED · 273.7× · 33.8%SHIVCHEM AGRO LIMITED · 2.1× · -9.7%Pind Hospitality Limited · 2.6× · -24.0%Acme Universal Safezone 9 Limited · 15.6× · 56.8%DOVE SOFT LIMITED · 1.4× · -4.7%OMARA VENTURES INDIA LIMITED · 1.1× · 2.6%BLACK OPAL CONSULTANTS LIMITED · 68.7× · -0.5%Paramount Syntex Limited · 1.8× · -14.0%VANS ELECTROENGINEERINGS LIMITED · 584.4× · 109.5%Acme India Industries Limited · 115.5× · 21.3%TNA SOLUTIONS LIMITED · 51.4× · -16.0%Shellz India Limited · 50.8× · -9.8%Jainam Ferro Alloys (I) Limited · 4.1× · 4.4%Destiny Logistics & Infra Limited · 3.0× · -1.5%Dynamic Services & Security Ltd. · 1.2× · 5.0%Bombay Metrics Supply Chain Limited · 11.5× · 11.0%KN Agri Resources Limited · 201.6× · 94.7%EAAA India Alternatives Limited · 5.3× · 3.8%TeamLease Services Limited · 28.6× · 20.3%Precision Camshafts Limited · 0.4× · -4.6%Infibeam Incorporation Limited · 0.4× · 3.2%HealthCare Global Enterprises Limited · 1.0× · -21.6%Ujjivan Financial Services Limited · 18.9× · 10.3%Thyrocare Technologies Limited · 34.2× · 38.7%Equitas Holdings Limited · 5.1× · 22.9%Quess Corp Limited · 66.3× · 58.7%Mahanagar Gas Limited · 28.8× · 23.6%Dilip Buildcon Limited · 6.3× · 14.9%S.P. Apparels Limited · 0.6× · 7.7%Advanced Enzyme Technologies Limited · 47.6× · 31.5%Larsen & Toubro Infotech Limited · 6.9× · -1.8%RBL Bank Limited · 36.7× · 33.1%Endurance Technologies Limited · 17.8× · 37.1%HPL Electric and Power Limited · 3.7× · -6.3%L&T Technology Services Limited · 1.1× · 1.1%GNA Axles Limited · 27.8× · 18.4%Varun Beverages Limited · 0.9× · 3.3%Sheela Foam Limited · 2.6× · 41.4%PSP Projects Limited · 4.3× · -5.0%Central Depository Services (India) Limited · 62.1× · 75.6%Laurus Labs Limited · 2.8× · 12.2%BSE Limited · 26.0× · 32.7%Shankara Building Products Limited · 15.5× · 37.5%CL Educate Limited · 1.1× · -15.9%Avenue Supermarts Limited · 48.8× · 114.6%S Chand and Company Limited · 31.2× · 0.9%Capacit'e Infraprojects Limited · 90.8× · 37.0%Housing and Urban Development Corporation Limited · 41.8× · 20.9%AU Small Finance Bank Limited · 27.9× · 51.3%GTPL Hathway Limited · 0.6× · 1.0%Eris Lifesciences Limited · 0.9× · -0.3%Tejas Networks Limited · 0.9× · 2.5%Security and Intelligence Services (India) Limited · 3.9× · -7.1%Cochin Shipyard Limited · 35.1× · 22.3%Bharat Road Network Limited · 0.7× · 1.7%Apex Frozen Food Limited · 2.9× · 21.2%MAS Financial Services Limited · 61.8× · 42.6%Godrej Agrovet Limited · 43.4× · 29.5%Prataap Snacks Limited · 21.6× · 25.9%SBI Life Insurance Company Limited · 2.7× · 1.1%ICICI Lombard General Insurance Company Limited · 1.2× · 3.1%Matrimony.com Limited · 1.7× · -8.2%Dixon Technologies (India) Limited · 49.3× · 63.7%Khadim India Limited · 0.7× · -8.2%The New India Assurance Company Limited · 0.9× · -9.1%HDFC Standard Life Insurance Company Limited · 2.3× · 18.8%Mahindra Logistics Limited · 4.0× · 0.1%Reliance Nippon Life Asset Management Limited · 45.4× · 12.9%General Insurance Corporation Of India · 0.9× · -4.1%Indian Energy Exchange Limited · 1.0× · -1.3%Future Supply Chain Solutions Limited · 3.4× · 3.4%Shalby Limited · 1.1× · -3.4%Apollo Micro Systems Limited · 2.3× · 60.6%Astron Paper & Board Mills Limited · 98.9× · 141.5%Amber Enterprises India Limited · 58.4× · 45.0%Newgen Software Technologies Limited · 4.3× · 3.0%H.G. Infra Engineering Limited · 2.7× · -0.8%Aster DM Healthcare Limited · 0.5× · -4.5%Lemon Tree Hotels Limited · 0.9× · 27.9%Mishra Dhatu Nigam Limited · 0.7× · 0.1%Hindustan Aeronautics Limited · 0.8× · -6.8%Sandhar Technologies Limited · 3.2× · -3.0%Karda Constructions Limited · 1.7× · -20.7%Bandhan Bank Limited · 6.8× · 27.2%Bharat Dynamics Limited · 0.8× · -8.9%Varroc Engineering Limited · 2.4× · 7.3%Fine Organic Industries Limited · 3.2× · 5.1%RITES Limited · 32.9× · 15.3%Chalet Hotels Limited · 1.0× · 4.2%HDFC Asset Management Company Limited · 41.5× · 65.1%Aavas Financiers Limited · 0.4× · -5.7%Garden Reach Shipbuilders & Engineers Limited · 0.6× · -12.5%Ircon International Limited · 4.8× · -12.6%Xelpmoc Design and Tech Limited · 1.7× · -9.3%Metropolis Healthcare Limited · 3.8× · 9.1%Rail Vikas Nigam Limited · 0.6× · 0.3%Polycab India Limited · 22.6× · 21.7%SBI Cards and Payment Services Limited · 0.5× · -9.8%Gland Pharma Limited · 2.1× · 21.3%Rossari Biotech Limited · 79.4× · 74.5%Mazagon Dock Shipbuilders Limited · 157.4× · 18.6%UTI Asset Management Company Limited · 2.3× · -14.0%Likhitha Infrastructure Limited · 9.5× · 13.8%Angel Broking Limited · 3.9× · -9.9%Chemcon Speciality Chemicals Limited · 55.1× · 72.0%Route Mobile Limited · 73.3× · 86.1%Happiest Minds Technologies Limited · 151.0× · 123.5%Equitas Small Finance Bank Limited · 1.9× · -0.6%Burger King India Limited · 156.7× · 125.0%Antony Waste Handling Cell Limited · 15.0× · 29.3%Mrs. Bectors Food Specialities Limited · 198.0× · 106.3%Stove Kraft Limited · 18.0× · 15.8%Home First Finance Company India Limited · 26.7× · 1.8%Indian Railway Finance Corporation · 3.5× · -4.6%Indigo Paints Limited · 117.0× · 109.2%MTAR Technologies Limited · 40.1× · 88.3%RailTel Corporation of India Limited · 37.8× · 29.1%Heranba Industries Limited · 48.5× · 29.6%Nureca Limited · 36.0× · 61.4%Barbeque-Nation Hospitality Limited · 5.8× · 17.6%Suryoday Small Finance Bank Limited · 2.3× · -8.9%Kalyan Jewellers India Limited · 1.1× · -13.6%Nazara Technologies Limited · 110.1× · 44.6%Anupam Rasayan India Limited · 12.8× · -5.1%Craftsman Automation Limited · 2.5× · -3.6%Laxmi Organic Industries Limited · 58.1× · 26.5%Easy Trip Planners Limited · 132.4× · 11.5%Macrotech Developers Limited · 1.3× · -4.3%Sansera Engineering Limited · 9.9× · 10.0%G R Infraprojects Limited · 68.2× · 108.7%India Pesticides Limited · 11.4× · 15.9%Krishna Institute of Medical Sciences Limited · 3.6× · 20.8%Sona BLW Precision Forgings Limited · 2.2× · 24.1%Dodla Dairy Limited · 35.2× · 42.5%Shyam Metalics and Energy Limited · 29.5× · 22.9%Nuvoco Vistas Corporation Limited · 0.8× · -6.7%Windlas Biotech Limited · 11.5× · -11.5%Exxaro Tiles Limited · 10.5× · 10.3%Devyani International Limited · 75.5× · 37.2%Rolex Rings Limited · 34.3× · 29.7%Glenmark Life Sciences Limited · 39.1× · 4.0%Zomato Limited · 34.0× · 65.8%Clean Science and Technology Limited · 69.8× · 76.1%Ami Organics Limited · 40.3× · 53.3%Vijaya Diagnostic Centre Limited · 3.0× · 16.8%Aptus Value Housing Finance India Limited · 13.8× · -1.7%Chemplast Sanmar Limited · 1.1× · -1.0%Krsnaa Diagnostics Limited · 24.3× · 3.5%CarTrade Tech Limited · 5.4× · -7.2%Aditya Birla Sun Life AMC Limited · 2.5× · -1.8%Prevest Denpro Limited · 19.2× · 125.7%Sapphire Foods India Limited · 6.3× · 2.7%One 97 Communications Limited · 1.9× · -27.4%PB Fintech Limited · 15.2× · 22.7%S J S Enterprises Limited · 1.2× · -5.9%Sigachi Industries Limited · 81.8× · 267.2%FINO Payments Bank Limited · 1.1× · -5.7%FSN Ecommerce Ventures Limited · 64.6× · 96.1%RateGain Travel Technologies Limited · 13.8× · -20.0%Anand Rathi Wealth Limited · 2.6× · 6.1%Tega Industries Limited · 138.0× · 60.3%Star Health and Allied Insurance Company Limited · 0.2× · 0.8%Go Fashion (India) Limited · 58.7× · 81.7%Tarsons Products Limited · 54.2× · 23.6%Latent View Analytics Limited · 155.6× · 148.1%CMS Info Systems Limited · 1.8× · 10.3%Supriya Lifescience Limited · 33.2× · 42.6%C.E. Info Systems Limited · 95.0× · 34.9%Data Patterns (India) Limited · 77.6× · 29.1%MedPlus Health Services Limited · 37.7× · 40.9%HP Adhesives Limited · 17.3× · 20.7%Metro Brands Limited · 3.3× · -1.3%Shriram Properties Limited · 3.5× · -15.6%Vedant Fashions Limited · 2.5× · 7.8%Adani Wilmar Limited · 10.7× · 16.6%AGS Transact Technologies Limited · 5.1× · -8.0%ETHOS Limited · 0.9× · -8.5%Hariom Pipe Industries Limited · 2.2× · 51.0%Veranda Learning Solutions Limited · 3.2× · -4.2%UMA Exports Limited · 7.3× · 17.4%Life Insurance Corporation of India · 2.9× · -7.8%Rainbow Childrens Medicare Limited · 11.9× · -16.9%Campus Activewear Limited · 49.3× · 29.8%Aether Industries Limited · 6.0× · 20.6%eMudhra Limited · 2.5× · 0.7%Paradeep Phosphates Limited · 1.6× · 4.5%Venus Pipes and Tubes Limited · 14.4× · 8.7%Prudent Corporate Advisory Services Limited · 1.2× · -10.8%Delhivery Limited · 1.6× · 10.1%Allied Blenders and Distillers Limited · 10.7× · 13.1%Tamilnad Mercantile Bank Limited · 1.4× · -0.1%Dreamfolks Services Limited · 56.7× · 41.8%Syrma SGS Technology Limited · 32.6× · 41.1%Electronics Mart India Limited · 24.2× · 43.2%Harsha Engineers International Limited · 47.2× · 47.4%Global Health Limited · 5.4× · 23.6%Bikaji Foods International Limited · 11.6× · 5.8%DCX System limited · 33.0× · 49.0%Tracxn Technologies Limited · 0.7× · 16.6%Uniparts India Limited · 10.9× · -6.5%Dharmaj Crop Guard Limited · 10.7× · 12.4%Kaynes Technology India Limited · 22.4× · 17.5%Inox Green Energy Services Limited · 0.4× · -9.1%Keystone Realtors Limited · 0.6× · 2.9%FiveStar Business Finance Limited · 0.3× · 3.4%Archean Chemical Industries Limited · 19.0× · 12.6%Fusion Micro Finance Limited · 0.8× · -11.7%Sah Polymers Limited · 8.9× · 37.3%Radiant Cash Management Services Limited · 0.5× · 11.6%Elin Electronics Limited · 1.3× · -7.8%KFin Technologies Limited · 0.8× · -0.6%Landmark Cars Limited · 0.4× · -9.4%Abans Holdings Limited · 0.6× · -19.1%Sula Vineyards Limited · 0.5× · -7.2%Global Surfaces Limited · 3.2× · 22.2%Divgi TorqTransfer Systems Limited · 1.9× · 2.6%Avalon Technologies Limited · 1.4× · -8.7%Udayshivakumar Infra Limited · 15.0× · -10.0%Mankind Pharma Limited · 7.0× · 31.7%Hemant Surgical Industries Limited · 139.7× · 99.5%IKIO Lighting Limited · 21.8× · 41.7%Ideaforge Technology Limited · 40.7× · 92.7%Senco Gold Limited · 36.8× · 27.9%Cyient DLM Limited · 38.2× · 58.7%HMA Agro Industries Limited · 0.7× · 0.1%SBFC Finance Limited · 28.5× · 61.8%Concord Biotech Limited · 8.0× · 27.2%Yatharth Hospital and Trauma Care Services Limited · 8.6× · 11.3%Netweb Technologies India Limited · 34.2× · 82.1%Utkarsh Small Finance Bank Limited · 38.4× · 92.0%Jupiter Life Line Hospitals Limited · 12.2× · 46.4%Ratnaveer Precision Engineering Limited · 39.7× · 32.0%Rishabh Instruments Limited · 9.7× · 0.5%Vishnu Prakash R Punglia Limited · 39.9× · 47.2%Aeroflex Industries Limited · 30.5× · 51.2%Pyramid Technoplast Limited · 8.5× · 7.0%TVS Supply Chain Solutions Limited · 0.8× · 2.0%Arkade Developers Limited · 57.1× · 29.6%Plaza Wires Limited · 85.8× · 48.5%Valiant Laboratories Limited · 10.5× · 21.6%Updater Services Limited · 1.6× · -5.4%JSW Infrastructure Limited · 12.6× · 32.2%Sai Silks (Kalamandir) Limited · 1.9× · 10.3%Manoj Vaibhav Gems N Jewellers Limited · 1.2× · 0.2%Signatureglobal (India) Limited · 3.4× · 19.1%Yatra Online Limited · 0.7× · -4.3%Zaggle Prepaid Ocean Services Limited · 5.4× · -3.5%SAMHI Hotels Limited · 2.3× · 13.8%R R Kabel Limited · 4.4× · 15.8%EMS Limited · 26.9× · 32.6%ASK Automotive Limited · 37.4× · 10.0%ESAF Small Finance Bank Ltd · 46.5× · 15.1%Honasa Consumer Limited · 4.0× · 4.0%Cello World Limited · 11.9× · 22.2%Blue Jet Healthcare Limited · 2.9× · 19.5%IRM ENERGY LIMITED · 12.1× · -6.3%Fedbank Financial Services Limited · 0.6× · 0.2%Flair Writing Industries Limited · 20.8× · 48.3%Gandhar Oil Refinery (India) Limited · 26.6× · 78.3%Tata Technologies Limited · 29.3× · 162.6%Indian Renewable Energy Development Agency Limited · 25.9× · 87.5%Protean eGov Technologies Limited · 7.9× · 11.5%Azad Engineering Limited · 35.8× · 29.3%Innova Captab Limited · 21.4× · 20.9%Muthoot Microfin Limited · 6.7× · -8.5%Credo Brands Marketing Limited · 25.2× · 11.5%RBZ Jewellers Limited · 5.4× · 5.0%INOX India Limited · 22.1× · 42.4%Happy Forging Limited · 23.5× · 21.3%Motisons Jewellers Limited · 51.3× · 88.3%India Shelter Finance Corporation Limited · 18.8× · 10.5%Suraj Estate Developers Limited · 5.9× · -7.1%DOMS Industries Limited · 24.6× · 67.8%One MobiKwik Systems Limited · 66.9× · 89.3%Rashi Peripherals Limited · 25.3× · 3.4%BLS E- Services Limited · 82.6× · 171.1%EPACK Durable Limited · 7.7× · -9.7%Nova Agritech Limited · 50.2× · 40.9%Medi Assist Healthcare Services Limited · 7.8× · 11.0%Jyoti CNC Automation Limited · 13.4× · 31.2%Le Travenues Technology Limited · 28.8× · 78.2%Northern Arc Capital Ltd. · 56.7× · 23.0%Gopal Snacks Limited · 4.8× · -9.6%J G Chemicals Limited · 11.6× · -16.4%R K Swamy Limited · 9.8× · -8.8%Mukka Proteins Limited · 63.0× · 50.9%Platinum Industries Limited · 64.8× · 29.4%Exicom Telesystems Limited · 55.5× · 58.4%GPT Healthcare Limited · 3.5× · 7.9%Juniper Hotels Limited · 1.2× · 11.5%Vibhor Steel Tubes Limited · 166.2× · 195.5%Entero Healthcare Solutions Limited · 0.9× · -8.6%Apeejay Surrendra Park Hotels Limited · 15.6× · 31.3%Capital Small Finance Bank Limited · 1.9× · -7.0%Jana Small Finance Bank Limited · 7.3× · -11.1%Bharti Hexacom Limited · 10.1× · 42.7%SRM Contractors Limited · 45.7× · 7.6%Krystal Integrated Services Limited · 6.1× · -0.3%Popular Vehicles and Services Limited · 0.7× · -6.4%Aadhar Housing Finance Limited · 13.8× · 4.6%JNK India Limited · 9.5× · 67.4%Kronox Lab SciencesLimited · 49.2× · 17.1%Awfis Space Solutions Limited · 34.4× · 10.1%Go Digit General Insurance Limited · 3.5× · 12.5%Ecos (India) Mobility & Hospitality Limited · 64.3× · 32.7%Indegene Limited · 29.6× · 26.3%TBO Tek Limited · 34.2× · 52.9%Bansal Wire Industries Limited · 26.0× · 36.9%Emcure Pharmaceuticals Limited · 26.0× · 34.8%Vraj Iron and Steel Limited · 48.1× · 21.7%Akme Fintrade (India) Limited · 36.3× · 11.1%Stanley Lifestyles Limited · 31.1× · 28.7%DEE Development Engineers Limited · 43.3× · 65.2%Unicommerce eSolutions Limited · 95.9× · 94.5%Ceigall India Limited · 5.6× · -3.5%Ola Electric Mobility Limited · 1.0× · 20.0%Akums Drugs and Pharmaceuticals Limited · 31.8× · 17.3%Sanstar Limited · 39.2× · 21.1%Hero Motors Limited · 6.7× · 17.1%Shree Tirupati Balajee Agro Trading Company Limited · 55.8× · 13.9%Bajaj Housing Finance Limited · 28.4× · 135.7%Baazar Style Retail Limited · 20.1× · 2.8%Gala Precision Engineering Limited · 83.8× · 43.1%Orient Technologies Limited · 69.0× · 46.8%Premier Energies Limited · 74.4× · 86.6%Interarch Building Products Limited · 41.0× · 32.9%Brainbees Solutions Limited · 4.1× · 46.0%Saraswati Saree Depot Limited · 46.6× · 27.3%Amanta Healthcare Limited · 56.5× · 12.5%Diffusion Engineers Limited · 54.2× · 20.9%Manba Finance Limited · 106.3× · 26.9%KRN Heat Exchanger and Refrigeration Limited · 103.8× · 117.6%P N Gadgil Jewellers Limited · 28.6× · 65.3%Western Carriers (India) Limited · 13.3× · -7.3%Tolins Tyres Limited · 11.7× · 5.9%Kross Limited · 7.9× · 8.3%Sagility India Limited · 1.7× · -2.3%ACME Solar Holdings Limited · 1.6× · -12.4%Swiggy Limited · 1.6× · 16.9%Afcons Infrastructure Limited · 1.2× · 2.4%Godavari Biorefineries Limited · 0.6× · -2.5%Deepak Builders & Engineers India Limited · 18.2× · -20.2%Waaree Energies Limited · 33.4× · 55.6%Hyundai Motor India Limited · 1.1× · -7.2%Garuda Construction and Engineering Limited · 2.5× · 12.0%Suraksha Diagnostic Limited · 0.5× · -5.4%Enviro Infra Engineers Limited · 52.1× · 39.9%NTPC GREEN ENERGY LIMITED · 1.0× · 12.6%Zinka Logistics Solutions Limited · 1.2× · -4.7%Niva Bupa Health Insurance Company Limited · 1.0× · 0.0%Anand Rathi Share and Stock Brokers Limited · 13.3× · 7.6%Quadrant Future Tek Limited · 97.6× · 53.1%Standard Glass Lining Technology Limited · 90.4× · 16.6%Indo Farm Equipment Limited · 98.4× · 27.3%DAM Capital Advisors Limited · 34.5× · 46.7%Carraro India Limited · 0.7× · -9.6%Unimech Aerospace and Manufacturing Limited · 69.1× · 75.3%Sanathan Textiles Limited · 13.5× · 21.0%Concord Enviro Systems Limited · 4.2× · 18.0%Senores Pharmaceuticals Limited · 51.1× · 42.5%Ventive Hospitality Limited · 5.6× · 9.5%Mamata Machinery Limited · 84.3× · 159.3%Transrail Lighting Limited · 33.9× · 28.1%International Gemmological Institute (India) Limited · 11.8× · 13.0%Inventurus Knowledge Solutions Limited · 33.7× · 47.5%Sai Life Sciences Limited · 7.5× · 39.3%Vishal Mega Mart Limited · 14.7× · 43.5%Gaudium IVF and Women Health Limited · 5.7× · 1.6%Epack Prefab Technologies Limited · 1.4× · -6.5%Karamtara Engineering Limited · 62.6× · 38.6%Lumino Industries Limited · 104.7× · 34.5%Sunshine Pictures Limited · 82.2× · 2.6%A-One Steels India Limited · 11.6× · 2.9%Sri Lotus Developers and Realty Limited · 39.6× · 30.4%Dr. Agarwal's Health Care Limited · 1.0× · -0.1%Denta Water and Infra Solutions Limited · 103.1× · 16.1%Stallion India Fluorochemicals Limited · 103.1× · 40.0%Laxmi Dental Limited · 60.0× · 28.6%LCC Projects Limited · 48.5× · 16.5%Atlanta Electricals Limited · 36.8× · 9.2%Hexaware Technologies Limited · 1.3× · 7.7%Quality Power Electrical Equipments Limited · 0.8× · -8.7%Ajax Engineering Limited · 4.5× · -5.3%Studds Accessories Limited · 43.1× · -4.2%Pranav Constructions Limited · 121.0× · 6.5%ESDS Software Solution Limited · 135.9× · 111.8%Gujarat Kidney and Super Speciality Limited · 3.9× · -8.3%Swastika Infra Limited · 7.6× · 13.5%Ather Energy Limited · 1.0× · -5.8%Priority Jewels Limited · 100.5× · 20.8%Scoda Tubes Limited · 40.0× · 5.0%Prostarm Info Systems Limited · 69.9× · 20.0%AEGIS VOPAK TERMINALS LIMITED · 0.3× · 3.0%Schloss Bangalore Limited · 2.6× · 0.1%Borana Weaves Limited · 81.4× · 18.1%Belrise Industries Limited · 23.9× · 8.2%Lalithaa Jewellery Mart Limited · 46.8× · 23.6%HDB Financial Services Limited · 11.0× · 13.6%Sambhv Steel Tubes Limited · 15.3× · 19.0%Kalpataru Limited · 1.8× · 4.6%Ellenbarrie Industrial Gases Limited · 9.8× · 33.6%Globe Civil Projects Limited · 53.3× · 33.0%Arisinfra Solutions Limited · 1.4× · -21.4%Oswal Pumps Limited · 13.7× · 1.9%Milky Mist Dairy Food Limited · 41.2× · 29.6%Tenneco Clean Air India Limited · 29.6× · 23.6%Annu Projects Limited · 2.9× · -23.6%Amir Chand Jagdish Kumar (Exports) Limited · 2.6× · -15.1%Skyways Air Services Limited · 71.3× · -9.0%Manika Plastech Limited · 28.1× · 0.3%Indiqube Spaces Limited · 4.6× · -8.0%Brigade Hotel Ventures Limited · 2.1× · -5.2%Highway Infrastructure Limited · 194.2× · 72.5%National Securities Depository Limited · 28.9× · 17.0%M&B Engineering Limited · 22.7× · 6.1%Aditya Infotech Limited · 57.5× · 60.4%Laxmi India Finance Limited · 1.1× · -15.1%GNG Electronics Limited · 93.8× · 40.7%Shanti Gold International Limited · 58.7× · 15.3%Indogulf Cropsciences Limited · 17.9× · -0.6%Anthem Biosciences Limited · 27.0× · 28.1%CRIZAC LIMITED · 39.0× · 25.6%Smartworks Coworking Spaces Limited · 9.1× · 9.3%Travel Food Services Limited · 1.4× · -2.3%Molbio Diagnostics Limited · 43.1× · 29.1%Asset Reconstruction Company (India) Limited · 20.1× · -1.4%Patel Retail Limited · 57.3× · 12.8%Anlon Healthcare Limited · 3.6× · 0.8%Mangal Electrical Industries Limited · 7.0× · -4.6%Vikran Engineering Limited · 13.3× · -1.3%Vikram Solar Limited · 29.9× · 7.3%Gem Aromatics Limited · 16.3× · -1.8%Regaal Resources Limited · 111.4× · 29.0%Shreeji Shipping Global Limited · 36.0× · 1.2%BlueStone Jewellery and Lifestyle Limited · 0.7× · 5.6%JSW Cement Limited · 5.3× · -0.6%All Time Plastics Limited · 5.1× · 3.0%Shankesh Jewellers Limited · 2.2× · 2.0%Glass Wall Systems (India) Limited · 81.7× · 18.1%CMR Green Technologies Limited · 93.5× · 25.6%Hy-Tech Engineers Limited · 244.4× · 48.6%Leap India Limited · 6.7× · -8.8%LG Electronics India Limited · 31.1× · 48.2%WeWork India Management Limited · 0.7× · -3.0%Fabtech Technologies Limited · 1.4× · -4.5%Glottis Limited · 1.4× · -35.1%TruAlt Bioenergy Limited · 55.6× · 7.0%Om Freight Forwarders Limited · 2.7× · -36.6%Pace Digitek Limited · 1.2× · -0.5%Jaro Institute of Technology Management and Research Limited · 13.1× · -16.4%BMW Ventures Limited · 1.1× · -25.1%Advance Agrolife Limited · 38.9× · 8.3%Jain Resource Recycling Limited · 9.2× · 37.1%Seshaasai Technologies Limited · 45.1× · -2.7%Ganesh Consumer Products Limited · 1.5× · -8.6%Saatvik Green Energy Limited · 3.7× · -5.2%GK Energy Limited · 56.9× · 9.6%Jinkushal Industries Limited · 39.3× · 0.6%Ivalue Infosolutions Limited · 0.9× · -5.7%VMS TMT Limited · 63.5× · 0.7%Urban Company Limited · 62.2× · 62.0%Euro Pratik Sales Limited · 0.7× · 0.6%Dev Accelerator Limited · 37.7× · 5.0%Shringar House of Mangalsutra Limited · 37.1× · 12.1%Prasol Chemicals Limited · 3.3× · -0.7%Augmont Enterprises Limited · 105.8× · 15.3%Tempsens Instruments (India) Limited · 184.1× · 95.5%Elevate Campuses Limited · 1.4× · -10.8%Vishal Nirmiti Limited · 1.7× · -7.2%Behari Lal Engineering Limited · 81.6× · 76.2%Lenskart Solutions Limited · 17.5× · 0.3%Billionbrains Garage Ventures Limited · 8.7× · 31.3%Orkla India Limited · 26.9× · -2.2%Midwest Limited · 68.1× · 7.1%Canara Robeco Asset Management Company Limited · 4.5× · 12.9%Rubicon Research Limited · 57.8× · 29.5%Solarworld Energy Solutions Limited · 37.9× · -7.8%Manipal Payment and Identity Solutions Limited · 1.4× · 1.8%Vidya Wires Limited · 19.9× · 2.3%Meesho Limited · 48.1× · 53.2%Aequs Limited · 55.2× · 22.0%Sudeep Pharma Limited · 40.6× · 30.6%Capillary Technologies India Limited · 36.0× · 5.1%Excelsoft Technologies Limited · 31.4× · 5.0%Fujiyama Power Systems Limited · 1.1× · -8.6%Physicswallah Limited · 0.8× · 42.4%Emmvee Photovoltaic Power Limited · 0.6× · 1.1%Pine Labs Limited · 0.7× · 13.5%Symbiotec Pharmalab Limited · 71.3× · 11.1%Sonaselection India Limited · 1.5× · 8.5%Shiprocket Limited · 68.7× · 47.9%Jindal Supreme (India) Limited · 181.1× · 35.5%Steamhouse India Limited · 30.5× · 26.6%Gaja Alternative Asset Management Limited · 15.6× · 5.4%KSH International Limited · 0.5× · -7.5%ICICI Prudential Asset Management Company Limited · 25.3× · 19.4%Park Medi World Limited · 6.5× · -8.7%Nephrocare Health Services Limited · 9.1× · 2.5%Corona Remedies Limited · 73.0× · 35.4%Wakefit Innovations Limited · 1.6× · -1.4%Kanohar Electricals Limited · 90.6× · 18.9%Veegaland Developers Limited · 13.6× · 4.5%SS Retail Limited · 103.3× · 76.6%Horizon Industrial Parks Limited · 0.9× · -3.1%Deepa Jewellers Limited · 42.6× · 9.8%Shadowfax Technologies Limited · 1.0× · -11.3%Bharat Coking Coal Limited · 98.8× · 76.4%Amagi Media Labs Limited · 14.4× · -3.5%Rays of Belief Limited- For Profit Social Enterprise (FPSE) · 107.7× · -4.5%Bonfiglioli Transmissions Limited · 46.0× · -2.0%Sedemac Mechatronics Limited · 1.7× · 7.3%Omnitech Engineering Limited · 0.5× · -9.7%Clean Max Enviro Energy Solutions Limited · 0.8× · -17.6%Shree Ram Twistex Limited · 32.3× · -31.4%PNGS Reva Diamond Jewellery Limited · 0.5× · 6.7%Aye Finance Limited · 0.6× · -0.1%Fractal Analytics Limited · 1.1× · -5.9%Powerica Limited · 0.6× · -1.3%Sai Parenteral's Limited · 0.6× · 3.5%Central Mine Planning & Design Institute Limited · 0.6× · -10.4%GSP Crop Science Limited · 1.5× · 11.3%Innovision Limited · 2.4× · -27.9%Rajputana Stainless Limited · 1.1× · -7.3%Adroit Industries (India) Limited · 176.8× · 85.4%Rentomojo Limited · 72.9× · 32.2%Onemi Technology Solutions Limited · 6.7× · 22.0%Om Power Transmission Limited · 2.4× · 10.5%Dhoot Transmission Limited · 50.0× · 36.3%National Stock Exchange of India Limited · 3.8× · 1.9%Knack Packaging Limited · 69.1× · 7.6%Aastha Spintex Limited · 3.3× · 0.4%CSM Technologies Limited · 1.0× · -5.0%Turtlemint Fintech Solutions Limited · 0.7× · -10.9%Advit Jewels Limited · 143.0× · 30.0%Hexagon Nutrition Limited · 40.0× · 12.6%Technocraft Ventures Limited · 29.9× · 46.8%Ardee Industries Limited · 109.6× · 26.6%Juniper Green Energy Limited · 6.1× · 15.4%MV Electrosystems Limited · 137.7× · 46.8%Manipal Health Enterprises Limited · 2.6× · 13.0%Xtranet Technologies Limited · 9.1× · 1.7%INDO-MIM Limited · 51.9× · 52.9%Lohia Corp Limited · 4.2× · 16.4%Caliber Mining and Logistics Limited · 97.2× · 24.6%Laser Power & Infra Limited · 24.7× · 22.6%SBI Funds Management Limited · 34.2× · 6.2%Kusumgar Limited · 84.7× · 43.9%Purple Style Labs Limited · 1.3× · -1.1%Shah Investor's Home Limited · 38.1× · 4.1%Orient Cables (India) Limited · 92.3× · 48.9%AceVector Limited · 4.9× · -18.5%German Green Steel and Power Limited · 29.0× · -7.7%Moneyview Limited · 98.5× · 58.5%ArMee Infotech Limited · 2.4× · -20.0%Runwal Enterprises Limited · 2.5× · -1.2%Srit India Limited · 125.2× · 19.3%Varmora Granito Limited · 1.0× · 2.8%Nityas Gems and Jewellery Limited · 2.3× · 12.0%HD Fire Protect Limited · 131.7× · 13.2%Tonbo Imaging India Limited · 135.9× · 62.0%Sahajanand Medical Technologies Limited · 14.2× · 9.8%Zetwerk Manufacturing Businesses Limited · 3.1× · -8.4%Fusion CX Limited · 4.5× · 0.2%Paras Healthcare Limited · 2.2× · 6.2%Jio Platforms Limited · 21.0× · 26.7%BLS Polymers Limited · 241.2× · 79.2%SFC Environmental Technologies Limited · 9.5× · 29.1%Tatva Chintan Pharma Chem Limited · 150.9× · 113.5%Alpine Texworld Limited · 0.9× · -5.0%times subscribed (log)

By year

Money raised counts only IPOs whose issue size is known; the count column shows how many that is.

FYIPOs (main / SME)RaisedShareMedian gainBelow issue
2027239 (92 / 147)₹1,47,346 Cr239/239+11.5%80
2026366 (109 / 257)₹1,88,596 Cr366/366+3.0%135
2025320 (79 / 241)₹1,72,325 Cr320/320+21.1%55
2024271 (76 / 195)₹67,931 Cr271/271+17.4%44
2023163 (39 / 124)₹54,852 Cr163/163+5.8%33
2022120 (51 / 69)₹1,12,553 Cr120/120+16.8%31
202155 (29 / 26)₹31,029 Cr55/55+23.9%13
202058 (14 / 44)₹21,360 Cr58/58+13.2%10
2019135 (18 / 117)₹21,775 Cr135/135-1.5%29
2018188 (41 / 147)₹78,496 Cr188/188+3.1%43
201770 (26 / 44)₹28,874 Cr70/70+14.9%13
20169 (5 / 4)₹1,962 Cr7/9-4.6%4

Lead manager league

BankerIPOsMainboardRaisedAvg listing gain
Kotak Mahindra Capital Company Limited108108₹4,46,622.54 Cr+21.1%
ICICI Securities Limited149149₹3,68,063.13 Cr+20.2%
Citigroup Global Markets India Private Limited5151₹3,21,351.99 Cr+17.4%
Axis Capital Limited8282₹2,88,017.88 Cr+18.3%
JM Financial Limited128128₹2,85,963.4 Cr+21.5%
SBI Capital Markets Limited8686₹2,65,901.19 Cr+16.1%
HSBC Securities and Capital Markets (India) Private Limited2424₹1,90,796.41 Cr+6.0%
J.P. Morgan India Private Limited2222₹1,77,191.5 Cr+25.0%
Morgan Stanley India Company Private Limited2020₹1,68,450.78 Cr+17.5%
BofA Securities India Limited2222₹1,66,391.61 Cr+35.3%
HDFC Bank Limited2727₹1,52,021.99 Cr+22.5%
AXIS CAPITAL LIMITED6969₹1,37,842.56 Cr+17.3%
Nomura Financial Advisory and Securities (India) Private Limited3636₹1,28,759.75 Cr+14.4%
Jefferies India Private Limited3535₹1,25,822.99 Cr+17.1%
Motilal Oswal Investment Advisors Limited5959₹1,16,452.18 Cr+16.2%
DAM Capital Advisors Limited4646₹1,05,397.5 Cr+14.8%
BNP Paribas1515₹92,572.07 Cr+11.4%
Nuvama Wealth Management Limited3232₹89,466.64 Cr+5.8%
IIFL Capital Services Limited (formerly known as IIFL Securities Limited)2525₹76,980.16 Cr+17.0%
IIFL Capital Services Limited2525₹68,945.58 Cr+11.0%
Avendus Capital Private Limited1111₹68,564.17 Cr+8.4%
CLSA India Private Limited1717₹68,538.9 Cr+21.5%
UBS Securities India Private Limited66₹67,124.88 Cr+11.9%
Goldman Sachs (India) Securities Private Limited1414₹67,114.55 Cr+22.4%
J.P.Morgan India Private Limited1212₹66,336.14 Cr+2.9%