SME IPOs in 2024

176 SME IPOs closed in 2024 on NSE (plus 3 follow-on, withdrawn or call-money rows, listed but not counted). Of the 174 with a verified listing-day price, 153 listed above their issue price and the median listing-day gain was 43.46%. Issue price is from NSE public-issue records and the listing-day close from the NSE bhavcopy.

All SME IPOs that closed in 2024

CompanyOpenCloseIssue priceListedListing gain
Anya Polytech & FertilizersRs 14.00+28.21%
NewMalayalam SteelRs 90.00-5.00%
Identical Brains StudiosRs 54.00+84.72%
Supreme Facility ManagementRs 76.00-6.25%
Purple United SalesRs 126.00+65.83%
Dhanlaxmi Crop ScienceRs 55.00+99.45%
Emerald Tyre ManufacturersRs 95.00+99.47%
Ganesh InfraworldRs 83.00+99.46%
Agarwal Toughened Glass IndiaRs 108.00+31.25%
Apex EcotechRs 73.00+99.45%
Abha Power and SteelRs 75.00+3.73%
C2C Advanced Systems Limited- Withdrawal Window (Withdrawn)Rs 226.00*
Rajputana BiodieselRs 130.00+99.50%
C2C Advanced SystemsRs 226.00+99.49%
Lamosaic IndiaRs 200.00-13.90%
ONYX BIOTECRs 61.00-6.97%
Neelam Linens and Garments (India)Rs 24.00+58.54%
Usha Financial ServicesRs 168.00-7.23%
OBSC PerfectionRs 100.00+15.50%
United Heat TransferRs 59.00+8.39%
Danish PowerRs 380.00+57.50%
Premium PlastRs 49.00-0.20%
Freshara Agro ExportsRs 116.00+16.12%
Lakshya PowertechRs 180.00+99.50%
Pranik LogisticsRs 77.00+7.73%
Paramount Dye TecRs 117.00-8.50%
Saj HotelsRs 65.00-19.31%
Hvax TechnologiesRs 458.00+7.06%
Forge Auto InternationalRs 108.00+1.25%
Divyadhan Recycling IndustriesRs 64.00+37.81%
Sahasra Electronic SolutionsRs 283.00+99.49%
Unilex Colours and ChemicalsRs 87.00+1.32%
Techera Engineering (India)Rs 82.00+60.06%
Thinking Hats Entertainment SolutionsRs 44.00+29.55%
WOL 3D IndiaRs 150.00+26.03%
Rappid Valves (India)Rs 222.00+39.35%
Phoenix OverseasRs 64.00-5.00%
Bikewo Green TechRs 62.00-23.79%
Avi Ansh TextileRs 62.00+14.76%
S D RetailRs 131.00+15.19%
Kalana IspatRs 66.00-28.18%
Paramount Speciality ForgingsRs 59.00+47.71%
PelatroRs 200.00+44.38%
Osel DevicesRs 160.00+29.97%
Deccan Transcon LeasingRs 108.00+2.08%
Envirotech SystemsRs 56.00+99.46%
Excellent Wires and PackagingRs 90.00-8.83%
Innomet Advanced MaterialsRs 100.00+99.50%
SPP PolymerRs 59.00+1.44%
Shubhshree Biofuels EnergyRs 119.00+66.76%
Gajanand InternationalRs 36.00+10.83%
Aditya Ultra SteelRs 62.00+7.10%
Vision Infra Equipment SolutionsRs 163.00*
My Mudra FincorpRs 110.00+12.27%
Namo eWaste ManagementRs 85.00+99.47%
Jeyyam Global FoodsRs 61.00+5.00%
Boss Packaging SolutionsRs 66.00+31.21%
Aeron CompositeRs 125.00+26.00%
Paramatrix TechnologiesRs 110.00+9.82%
Jay Bee LaminationsRs 146.00+99.49%
Vdeal SystemRs 112.00+59.38%
Indian PhosphateRs 99.00+80.51%
QVC ExportsRs 86.00+77.85%
Ideal Technoplast IndustriesRs 121.00+14.63%
Forcas StudioRs 80.00+80.50%
Brace Port LogisticsRs 80.00+99.50%
Solve Plastic ProductsRs 91.00+17.69%
Positron EnergyRs 250.00+99.50%
Sunlite Recycling IndustriesRs 105.00+99.48%
Aesthetik EngineersRs 58.00+99.48%
Picturepost StudiosRs 24.00+31.25%
DhariwalcorpRs 106.00+34.43%
Utssav CZ Gold JewelsRs 110.00+5.05%
Rajputana IndustriesRs 38.00+99.47%
Ashapura LogisticsRs 144.00+22.05%
Bulkcorp InternationalRs 105.00+30.00%
Sathlokhar Synergys E&C GlobalRs 140.00+76.43%
Esprit StonesRs 87.00+12.41%
S A Tech Software IndiaRs 59.00+99.49%
Trom IndustriesRs 115.00+99.48%
Aprameya EngineeringRs 58.00+30.34%
Manglam Infra and EngineeringRs 56.00+99.46%
Chetana EducationRs 85.00+22.12%
V L InfraprojectsRs 42.00+99.40%
SAR Televenture Limited - FPO (FPO)Rs 210.00*
RNFI ServicesRs 105.00+80.52%
Kataria IndustriesRs 96.00+99.48%
Macobs TechnologiesRs 75.00+34.40%
Tunwal E-MotorsRs 59.00+3.05%
Sati Poly PlastRs 130.00+99.50%
Prizor ViztechRs 87.00+99.48%
Sahaj SolarRs 180.00+99.50%
Effwa Infra & ResearchRs 82.00+99.45%
Ganesh Green BharatRs 190.00+99.50%
Ambey LaboratoriesRs 68.00+31.25%
Nephro Care IndiaRs 90.00+99.50%
Diensten TechRs 100.00+152.00%
Akiko Global ServicesRs 77.00+21.23%
Divine Power EnergyRs 40.00+280.75%
Petro Carbon and ChemicalsRs 171.00+84.21%
Visaman Global SalesRs 43.00+10.12%
Sylvan Plyboard (India)Rs 55.00+26.00%
Shivalic Power ControlRs 100.00+226.55%
Mason InfratechRs 64.00+44.38%
Medicamen OrganicsRs 34.00+325.59%
Winny Immigration and Education ServicesRs 140.00+80.00%
Durlax Top SurfaceRs 68.00+52.28%
Falcon Technoprojects IndiaRs 92.00-4.13%
Gp Eco Solutions IndiaRs 94.00+318.88%
TBI CornRs 94.00+121.17%
Aimtron ElectronicsRs 161.00+57.17%
Z-Tech (India)Rs 110.00-4.55%
Beacon TrusteeshipRs 60.00+57.50%
Vilas TranscoreRs 147.00+53.57%
GSM FoilsRs 32.00+5.00%
HOAC Foods IndiaRs 48.00+190.94%
Rulka ElectricalsRs 235.00+112.23%
Quest LaboratoriesRs 97.00+51.91%
Indian EmulsifiersRs 132.00+242.05%
Veritaas AdvertisingRs 114.00+129.17%
Mandeep Auto IndustriesRs 67.00-2.46%
ABS Marine ServicesRs 147.00+90.00%
Premier RoadlinesRs 67.00+36.34%
Energy-Mission Machineries (India)Rs 138.00*+178.44%
Silkflex Polymers (India)Rs 52.00+12.88%
Winsol EngineersRs 75.00+411.00%
Refractory ShapesRs 31.00+154.03%
Slone InfosystemsRs 79.00+42.53%
Ramdevbaba SolventRs 85.00+38.35%
Grill Splendour ServicesRs 120.00+6.13%
DCG Cables & WiresRs 100.00-14.50%
Teerth GopiconRs 111.00+18.24%
Aluwind ArchitecturalRs 45.00+5.00%
Creative Graphics Solutions IndiaRs 85.00+107.35%
K2 InfragenRs 119.00+45.59%
Yash Optics and LensRs 81.00+14.44%
TAC InfosecRs 106.00+187.26%
Radiowalla NetworkRs 76.00+65.99%
Trust FintechRs 101.00+48.91%
Blue PebbleRs 168.00+24.38%
Aspire and Innovative AdvertisingRs 54.00+9.81%
Naman In-Store (India)Rs 89.00+33.43%
Vishwas Agri SeedsRs 86.00-2.79%
Omfurn India Limited - FPO (FPO)Rs 75.00
Enser CommunicationsRs 70.00+0.14%
Enfuse SolutionsRs 96.00+20.26%
AVP InfraconRs 75.00*
Signoria CreationRs 65.00+111.62%
Pratham EPC ProjectsRs 75.00+58.60%
Shree Karni FabcomRs 227.00+20.26%
Sona MachineryRs 143.00-8.22%
V R InfraspaceRs 85.00+2.82%
M.V.K. Agro food productRs 120.00-30.88%
Purv FlexipackRs 71.00+247.89%
Owais Metal and Mineral ProcessingRs 87.00+201.72%
Sadhav ShippingRs 95.00+49.21%
Deem Roll-TechRs 129.00+62.56%
Zenith DrugsRs 79.00+33.10%
Esconet TechnologiesRs 84.00+227.98%
AtmastcoRs 77.00+24.09%
Kalahridhaan TrendzRs 45.00*+10.00%
Thaai CastingRs 77.00+153.44%
Interiors & MoreRs 227.00+24.89%
Wise Travel IndiaRs 147.00+39.29%
Polysil Irrigation SystemsRs 54.00+0.46%
Alpex SolarRs 115.00+200.39%
Italian EdiblesRs 68.00-15.07%
Baweja StudiosRs 180.00-3.42%
Megatherm InductionRs 108.00+92.50%
Docmode Health TechnologiesRs 79.00+128.80%
Fonebox RetailRs 70.00+200.00%
DelaplexRs 192.00+68.98%
Addictive Learning TechnologyRs 140.00+110.36%
Konstelec EngineersRs 70.00+215.00%
MaxposureRs 33.00+317.42%
Australian Premium Solar (India)Rs 54.00+172.22%
IBL FinanceRs 51.00+15.29%
Kaushalya LogisticsRs 75.00+40.00%
Kay Cee Energy & InfraRs 54.00+343.33%

Issue dates and prices from NSE public-issue records; listing date and first-day close from the NSE bhavcopy. Where no listing gain is shown the debut could not be matched to this issue within 45 days of close. *Upper end of the price band: NSE's record does not carry a final issue price for that row. Not investment advice.

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