Wealth created through IPOs in India Mainboard IPO | SME IPO

Wealth created by 2024 IPOs

Investing in IPOs can create wealth in the long-term. However, one should be wise to select and invest in the right company that has bright prospects. An investor should study and analyse the company in-depth before making the investment decision.

Many investors invest in IPO to make quick profits in the form of listing gains. However, there are few others, who prefer to stay invested as they know the company will generate wealth for them in future.

This report displays the details of each IPO in terms of listing day gains v/s wealth created by the IPO as of today. It also highlights if the SME company has migrated to mainboard. The migration of SME to mainboard further boosts the performance of the company. (this line only for SME tab)

Based on the analysis of the below data coupled with one's self-assessment, financial goal and holding capacity, investors can choose their exit strategy.

<< Year 2023	2024	Year 2025 > >

2024 IPO Investment Return

Company Name	IPO Listing Date	Amount Raised (Rs Cr)	Market Cap (IPO) (Rs Cr)	Listing Day Close Market Cap (IPO) (Rs Cr)	Current Market Cap (IPO) (Rs Cr)	Investor Wealth Created (Rs Cr)	Listing Day Gain (%)	Wealth creation w.r.t. listing day close price (%)	Wealth Creation Percentage (%)
Onyx Biotec IPO	Nov 22, 2024	29.34	110.61	102.90	102.90	-7.71	-6.97%	0.00%	-6.97%
BlackBuck IPO	Nov 22, 2024	1,114.72	4,817.81	4,591.92	4,589.28	-228.54	-4.69%	-0.06%	-4.74%
Mangal Compusolution IPO	Nov 21, 2024	16.23	61.23	58.17	55.27	-5.96	-5.00%	-4.98%	-9.73%
Neelam Linens and Garments IPO	Nov 18, 2024	13.00	48.52	76.93	88.86	40.33	58.54%	15.51%	83.12%
Niva Bupa Health Insurance IPO	Nov 14, 2024	2,200.00	13,380.91	13,380.91	13,326.66	-54.25	0.00%	-0.41%	-0.41%
Swiggy IPO	Nov 13, 2024	11,327.43	87,298.60	1,02,061.02	93,252.82	5,954.21	16.91%	-8.63%	6.82%
ACME Solar Holdings IPO	Nov 13, 2024	2,900.00	17,486.81	15,338.78	14,863.79	-2,623.02	-12.28%	-3.10%	-15.00%
Sagility India IPO	Nov 12, 2024	2,106.60	14,043.99	13,744.38	13,117.08	-926.90	-2.13%	-4.56%	-6.60%
Afcons Infrastructure IPO	Nov 04, 2024	5,430.00	17,026.18	17,450.92	18,285.68	1,259.50	2.49%	4.78%	7.40%
Usha Financial Services IPO	Oct 31, 2024	98.45	365.19	338.78	263.13	-102.06	-7.23%	-22.33%	-27.95%
Godavari Biorefineries IPO	Oct 30, 2024	554.75	1,801.39	1,754.57	1,421.67	-379.73	-2.60%	-18.97%	-21.08%
United Heat Transfer IPO	Oct 29, 2024	30.00	112.12	121.53	150.89	38.77	8.39%	24.16%	34.58%
OBSC Perfection IPO	Oct 29, 2024	66.02	244.52	282.43	337.20	92.67	15.50%	19.39%	37.90%
Danish Power IPO	Oct 29, 2024	197.90	748.28	1,178.54	1,654.00	905.72	57.50%	40.34%	121.04%
Deepak Builders & Engineers IPO	Oct 28, 2024	260.04	945.59	754.14	700.67	-244.92	-20.25%	-7.09%	-25.90%
Waaree Energies IPO	Oct 28, 2024	4,321.44	43,178.66	67,132.34	77,715.85	34,537.19	55.48%	15.77%	79.99%
Premium Plast IPO	Oct 28, 2024	26.20	93.58	93.38	88.61	-4.97	-0.20%	-5.11%	-5.31%
Freshara Agro Exports IPO	Oct 24, 2024	75.39	272.59	316.53	278.35	5.76	16.12%	-12.06%	2.11%
Lakshya Powertech IPO	Oct 23, 2024	49.91	181.51	362.11	257.59	76.08	99.50%	-28.86%	41.92%
Hyundai Motor IPO	Oct 22, 2024	27,870.16	1,59,258.06	1,47,914.98	1,48,711.27	-10,546.78	-7.12%	0.54%	-6.62%
Pranik Logistics IPO	Oct 17, 2024	22.47	84.78	91.33	92.60	7.82	7.73%	1.39%	9.22%
Garuda Construction and Engineering IPO	Oct 15, 2024	264.10	883.90	993.96	722.56	-161.33	12.45%	-27.31%	-18.25%
Shiv Texchem IPO	Oct 15, 2024	101.35	384.66	581.51	705.36	320.70	51.17%	21.30%	83.37%
Khyati Global Ventures IPO	Oct 11, 2024	18.30	69.08	69.61	46.75	-22.33	0.76%	-32.83%	-32.32%
NeoPolitan Pizza and Foods IPO	Oct 09, 2024	12.00	34.00	34.36	37.66	3.66	1.05%	9.60%	10.75%
Subam Papers IPO	Oct 08, 2024	93.70	353.32	353.67	297.53	-55.79	0.10%	-15.87%	-15.79%
Paramount Dye Tec IPO	Oct 08, 2024	28.43	81.23	70.61	57.52	-23.71	-13.08%	-18.53%	-29.19%
HVAX Technologies IPO	Oct 07, 2024	33.53	127.18	136.16	153.01	25.82	7.06%	12.37%	20.31%
Saj Hotels IPO	Oct 07, 2024	27.63	104.81	84.58	80.62	-24.19	-19.31%	-4.67%	-23.08%
Diffusion Engineers IPO	Oct 04, 2024	158.00	628.76	738.61	1,135.51	506.75	17.47%	53.74%	80.60%
Sahasra Electronics Solutions IPO	Oct 04, 2024	186.16	707.30	1,410.97	1,805.48	1,098.18	99.49%	27.96%	155.27%
Forge Auto International IPO	Oct 04, 2024	31.10	117.94	119.41	90.09	-27.85	1.25%	-24.55%	-23.61%
Divyadhan Recycling Industries IPO	Oct 04, 2024	24.17	91.56	126.19	114.45	22.89	37.81%	-9.30%	25.00%
Nexxus Petro Industries IPO	Oct 04, 2024	19.43	72.98	91.95	98.70	25.72	26.00%	7.33%	35.24%
Unilex Colours and Chemicals IPO	Oct 03, 2024	31.32	118.47	120.03	95.32	-23.15	1.32%	-20.59%	-19.54%
KRN Heat Exchanger IPO	Oct 03, 2024	341.95	1,309.95	2,848.83	4,706.87	3,396.93	117.48%	65.22%	259.32%
Thinking Hats Entertainment Solutions IPO	Oct 03, 2024	15.09	54.94	71.18	50.01	-4.93	29.55%	-29.74%	-8.98%
TechEra Engineering IPO	Oct 03, 2024	35.90	135.47	216.84	286.89	151.41	60.06%	32.30%	111.77%
Rappid Valves (India) IPO	Sep 30, 2024	30.41	115.26	160.61	140.03	24.77	39.35%	-12.82%	21.49%
WOL 3D IPO	Sep 30, 2024	25.56	96.78	121.98	92.91	-3.87	26.03%	-23.83%	-4.00%
Manba Finance IPO	Sep 30, 2024	150.84	602.87	791.02	733.04	130.17	31.21%	-7.33%	21.59%
SD Retail IPO	Sep 27, 2024	64.98	245.26	282.52	279.43	34.17	15.19%	-1.09%	13.93%
BikeWo GreenTech IPO	Sep 27, 2024	24.09	80.87	61.63	37.37	-43.50	-23.79%	-39.37%	-53.79%
Avi Ansh Textile IPO	Sep 27, 2024	25.99	86.66	99.45	111.26	24.60	14.76%	11.88%	28.39%
Phoenix Overseas IPO	Sep 27, 2024	36.03	123.81	117.62	57.46	-66.36	-5.00%	-51.15%	-53.59%
Kalana Ispat IPO	Sep 26, 2024	32.59	86.08	61.82	44.99	-41.08	-28.18%	-27.22%	-47.73%
Paramount Speciality Forgings IPO	Sep 25, 2024	32.34	116.12	171.53	129.90	13.78	47.71%	-24.27%	11.86%
Arkade Developers IPO	Sep 24, 2024	410.00	2,376.41	3,079.13	2,487.06	110.65	29.57%	-19.23%	4.66%
Popular Foundations IPO	Sep 24, 2024	19.87	75.40	75.54	68.43	-6.97	0.19%	-9.41%	-9.24%
Western Carriers (India) IPO	Sep 24, 2024	492.88	1,753.63	1,625.68	1,209.39	-544.24	-7.30%	-25.61%	-31.03%
Pelatro IPO	Sep 24, 2024	55.98	208.13	300.49	372.09	163.96	44.38%	23.83%	78.78%
Northern Arc Capital IPO	Sep 24, 2024	777.00	4,242.86	5,220.49	3,756.46	-486.40	23.04%	-28.04%	-11.46%
Envirotech Systems IPO	Sep 24, 2024	30.24	105.22	209.88	228.67	123.45	99.46%	8.95%	117.32%
Deccan Transcon Leasing IPO	Sep 24, 2024	65.06	245.41	250.53	135.66	-109.75	2.08%	-45.85%	-44.72%
Osel Devices IPO	Sep 24, 2024	70.66	258.07	335.41	335.49	77.42	29.97%	0.02%	30.00%
Sodhani Academy of Fintech Enablers IPO	Sep 23, 2024	6.12	22.78	31.69	88.61	65.83	39.12%	179.60%	289.00%
Excellent Wires and Packaging IPO	Sep 19, 2024	12.60	40.23	34.84	29.93	-10.30	-13.39%	-14.11%	-25.61%
Innomet Advanced Materials IPO	Sep 18, 2024	34.24	129.40	258.16	255.24	125.84	99.50%	-1.13%	97.25%
SPP Polymer IPO	Sep 17, 2024	24.49	90.81	92.12	54.56	-36.25	1.44%	-40.77%	-39.92%
P N Gadgil Jewellers IPO	Sep 17, 2024	1,100.00	6,514.00	10,758.96	8,333.85	1,819.85	65.17%	-22.54%	27.94%
Gajanand International IPO	Sep 16, 2024	20.65	67.81	75.15	41.91	-25.90	10.83%	-44.24%	-38.19%
Shubhshree Biofuels Energy IPO	Sep 16, 2024	16.56	62.38	104.03	124.24	61.86	66.76%	19.43%	99.16%
Bajaj Housing Finance IPO	Sep 16, 2024	6,560.00	58,297.03	1,37,406.09	1,05,725.82	47,428.80	135.70%	-23.06%	81.36%
Kross IPO	Sep 16, 2024	500.00	1,548.23	1,674.02	1,405.21	-143.02	8.12%	-16.06%	-9.24%
Share Samadhan IPO	Sep 16, 2024	24.06	90.80	91.87	72.33	-18.47	1.18%	-21.26%	-20.34%
Aditya Ultra Steel IPO	Sep 16, 2024	45.88	153.98	164.91	123.93	-30.05	7.10%	-24.85%	-19.52%
Tolins Tyres IPO	Sep 16, 2024	230.00	892.90	941.50	711.48	-181.42	5.44%	-24.43%	-20.32%
Vision Infra Equipment Solutions IPO	Sep 13, 2024	106.21	388.20	512.64	469.65	81.45	32.06%	-8.39%	20.98%
Shree Tirupati Balajee IPO	Sep 12, 2024	169.65	677.04	795.64	586.90	-90.14	17.52%	-26.24%	-13.31%
My Mudra Fincorp IPO	Sep 12, 2024	33.26	125.31	140.69	112.67	-12.64	12.27%	-19.92%	-10.09%
Mach Conferences and Events IPO	Sep 11, 2024	125.28	473.33	621.75	464.92	-8.41	31.36%	-25.22%	-1.78%
Namo eWaste Management IPO	Sep 11, 2024	51.20	194.37	387.72	516.69	322.32	99.47%	33.26%	165.82%
Naturewings Holidays IPO	Sep 10, 2024	7.03	23.39	28.52	25.55	2.16	21.96%	-10.44%	9.23%
Gala Precision Engineering IPO	Sep 09, 2024	167.93	670.24	997.19	1,356.13	685.89	48.78%	36.00%	102.33%
Jeyyam Global Foods IPO	Sep 09, 2024	81.94	289.73	304.22	251.26	-38.47	5.00%	-17.41%	-13.28%
Boss Packaging Solutions IPO	Sep 06, 2024	8.41	29.35	38.50	26.23	-3.11	31.21%	-31.87%	-10.61%
Baazar Style Retail IPO	Sep 06, 2024	834.68	2,902.55	2,982.01	2,325.77	-576.78	2.74%	-22.01%	-19.87%
Travels & Rentals IPO	Sep 05, 2024	12.24	44.81	64.70	121.49	76.68	44.38%	87.79%	171.12%
ECO Mobility IPO	Sep 04, 2024	601.20	2,004.00	2,656.80	1,984.50	-19.50	32.57%	-25.30%	-0.97%
Paramatrix Technologies IPO	Sep 04, 2024	33.84	126.60	139.03	121.94	-4.66	9.82%	-12.29%	-3.68%
Aeron Composite IPO	Sep 04, 2024	56.10	212.75	268.06	224.66	11.91	26.00%	-16.19%	5.60%
Vdeal System IPO	Sep 03, 2024	18.08	54.77	87.29	68.96	14.18	59.38%	-21.01%	25.89%
Premier Energies IPO	Sep 03, 2024	2,830.40	20,284.33	37,848.31	47,843.98	27,559.65	86.59%	26.41%	135.87%
Jay Bee Laminations IPO	Sep 03, 2024	88.96	329.49	657.28	848.09	518.60	99.49%	29.03%	157.40%
Indian Phosphate IPO	Sep 03, 2024	67.36	247.40	446.56	204.42	-42.98	80.51%	-54.22%	-17.37%
Rapid Multimodal Logistics IPO	Aug 30, 2024	8.49	32.01	41.20	24.73	-7.28	28.69%	-39.96%	-22.74%
Resourceful Automobile IPO	Aug 29, 2024	11.99	31.07	32.63	12.78	-18.29	5.00%	-60.83%	-58.87%
Orient Technologies IPO	Aug 28, 2024	214.76	857.82	1,267.78	1,828.49	970.67	47.79%	44.23%	113.16%
QVC Exports IPO	Aug 28, 2024	24.07	89.88	159.86	46.88	-43.01	77.85%	-70.68%	-47.85%
Ideal Technoplast Industries IPO	Aug 28, 2024	16.03	60.50	69.35	52.50	-8.00	14.63%	-24.30%	-13.22%
Interarch Building Products IPO	Aug 26, 2024	600.29	1,497.43	1,989.17	2,385.91	888.48	32.84%	19.94%	59.33%
Brace Port Logistics IPO	Aug 26, 2024	24.41	90.41	189.35	127.14	36.73	109.44%	-32.86%	40.62%
Forcas Studio IPO	Aug 26, 2024	37.44	140.64	253.86	157.78	17.14	80.50%	-37.85%	12.19%
Broach Lifecare Hospital IPO	Aug 21, 2024	4.02	15.18	30.27	14.27	-0.91	99.48%	-52.88%	-6.00%
Solve Plastic Products IPO	Aug 21, 2024	11.85	39.75	46.78	20.31	-19.44	17.69%	-56.58%	-48.90%
Saraswati Saree Depot IPO	Aug 20, 2024	160.01	633.60	831.40	473.97	-159.63	31.22%	-42.99%	-25.19%
Positron Energy IPO	Aug 20, 2024	51.21	190.01	379.07	236.37	46.36	99.50%	-37.64%	24.40%
Sunlite Recycling Industries IPO	Aug 20, 2024	30.24	114.24	227.88	174.13	59.89	99.48%	-23.59%	52.43%
Aesthetik Engineers IPO	Aug 16, 2024	26.47	99.88	199.24	121.14	21.27	99.48%	-39.20%	21.29%
Unicommerce eSolutions IPO	Aug 13, 2024	276.57	1,106.29	2,151.63	1,769.24	662.95	94.49%	-17.77%	59.93%
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Note: Three prices are taken into account in this report:

Issue price final (price at which the IPO shares are sold)
Listing day close price (price at the end of the day on which the IPO shares are listed)
Current Market Price (current market price of the share)

The wealth creation is derived using below formula:

2-1 = Listing Day Gain
3-2 = Wealth creation w.r.t. Listing Day Close Price
3-1 = Wealth Created

The information presented in this report is based on historical data from SME IPOs and includes the following key figures, with specific conditions to ensure accuracy:

Amount Raised (Rs) (Public issue size): It reflects the capital raised by the issuer company through IPO.
Market Cap (IPO) (Rs Cr): Represents the post-issue market cap of the issuing company.
Market Cap (IPO) (Rs Cr) = Post-issue Shareholding * Issue Price Final
Market Cap w.r.t. Listing Day Close Price (Rs Cr): Represents the market cap of the issuing company in relation to the listing day close price. Most people do not get allotment in IPOs with high demand. However, they can buy shares on the market on the day of listing. This parameter is the basis for calculating wealth creation when shares are bought from open market on the day of listing.
Market Cap w.r.t. Listing Day Close Price (Rs Cr) = Post-issue Shareholding * Listing Price Close Price
Current Market Cap (Rs Cr): Represents the market cap of the issuing company in relation to the current market price. Note: The market cap does not take into account the effects of corporate action events such as bonuses, rights, buybacks, share splits, etc.
Current Market Cap (Rs Cr) = Sum (Post-issue Shareholding * Current Price)
Wealth Created (Rs Cr): This value reflects the difference between the current market cap and the market capitalization at the time of the IPO.
Wealth Created (Rs Cr) = Current Market Cap (Rs Cr) - Amount Raised (Rs)
Listing Day Gain (%): This value reflects the percentage profit on the day of listing in relation to the final issue price. For example, if the final price of an IPO share is Rs 100 and the listing day close price is Rs 140, the profit on the listing day gain is 40%.
Listing Day Gain (%) = (Market Cap w.r.t. Listing Day Close Price - Market Cap (IPO) / Market Cap (IPO)) * 100)
Wealth creation w.r.t. Listing Day Close Price (%): Represents the percentage of wealth created by the IPO compared to the IPO shares bought in the open market on the day of listing. For example, if an investor bought the shares at a price of Rs 140 on the open market on the listing date and the current share price is Rs 420, the wealth creation w.r.t. listing day close price is 200%.
Wealth creation w.r.t. Listing Day Close Price (%) = (Current Market Cap - Market Cap w.r.t. Listing Day Close Price / Market Cap w.r.t. Listing Day Close Price) * 100
Wealth Created (%): Represents the percentage of wealth created by the IPO compared to the investments made.
Wealth Created (%) = (Current Market Cap - Market Cap (IPO) / Market Cap (IPO)) * 100
SME Migrated to Mainboard: Refers the companies that were listed on the SME exchange in a given year and later moved from the SME platform to the main stock exchange.

Additional IPO Performance Reports

IPO Performance Tracker Mainboard IPO | SME IPO
Wealth created through IPOs in India Mainboard IPO | SME IPO
IPO Performance (Issue Price Vs Current Price) SME IPO | Mainboard IPO
IPO Performance (Issue Price Vs Listing Price) SME IPO | Mainboard IPO
IPO Performance (Listing Day Gain Vs Post-IPO Performance) Mainboard IPO | SME IPO
IPO Lead Manager Performance 2024 Mainboard IPO | SME IPO
IPO Investment returns by year 2024 in India Mainboard IPO | SME IPO

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