Wealth created through IPOs in India Mainboard IPO | SME IPO

Wealth created by 2023 SME IPOs | Page 2

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.

<< Year 2022	2023	Year 2024 > >

2023 SME IPO Investment Return | Page 2

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 (%)
Alphalogic Industries IPO	Jul 14, 2023	12.88	48.91	49.06	114.02	65.11	0.30%	132.42%	133.12%
Tridhya Tech IPO	Jul 13, 2023	26.41	97.81	102.70	98.04	0.23	5.00%	-4.54%	0.24%
Synoptics Technologies IPO	Jul 13, 2023	54.03	200.98	191.73	101.34	-99.64	-4.60%	-47.15%	-49.58%
Global Pet Industries IPO	Jul 10, 2023	13.23	47.96	51.68	116.47	68.51	7.76%	125.38%	142.86%
Pentagon Rubber IPO	Jul 07, 2023	16.17	53.97	95.22	61.80	7.83	76.43%	-35.10%	14.50%
Greenchef Appliances IPO	Jul 06, 2023	53.62	202.47	254.13	166.04	-36.42	25.52%	-34.66%	-17.99%
Magson IPO	Jul 06, 2023	13.74	51.03	75.12	73.08	22.06	47.23%	-2.72%	43.23%
Essen Speciality Films IPO	Jul 06, 2023	66.33	221.48	304.28	1,478.96	1,257.48	37.38%	386.05%	567.76%
Veefin Solutions IPO	Jul 05, 2023	46.73	173.74	191.15	1,210.76	1,037.02	10.02%	533.40%	596.89%
Cosmic CRF IPO	Jun 30, 2023	57.21	217.35	165.19	984.65	767.30	-24.00%	496.06%	353.03%
Aatmaj Healthcare IPO	Jun 30, 2023	38.40	135.60	120.23	55.48	-80.12	-11.33%	-53.85%	-59.08%
Vilin Bio Med IPO	Jun 30, 2023	12.00	41.85	39.76	29.36	-12.49	-5.00%	-26.14%	-29.83%
Cell Point (India) IPO	Jun 28, 2023	50.34	186.86	177.51	52.97	-133.88	-5.00%	-70.16%	-71.65%
Bizotic Commercial IPO	Jun 23, 2023	42.21	140.70	137.48	81.69	-59.01	-2.29%	-40.58%	-41.94%
Spectrum Talent Management IPO	Jun 22, 2023	105.14	89.71	76.36	109.63	19.91	-14.88%	43.57%	22.20%
Urban Enviro Waste Management IPO	Jun 22, 2023	11.42	34.78	51.48	164.69	129.92	48.05%	219.89%	373.60%
Sonalis Consumer Products IPO	Jun 19, 2023	2.83	6.00	7.98	15.27	9.28	33.00%	91.48%	154.67%
Kore Digital IPO	Jun 14, 2023	18.00	63.36	67.21	686.75	623.39	6.08%	921.73%	983.89%
Comrade Appliances IPO	Jun 13, 2023	12.30	40.66	68.78	79.24	38.59	69.17%	15.22%	94.91%
CFF Fluid Control IPO	Jun 12, 2023	85.80	321.32	357.84	1,169.71	848.39	11.36%	226.88%	264.03%
Sahana System IPO	Jun 12, 2023	32.74	107.95	136.86	1,223.62	1,115.67	26.78%	794.07%	1,033.48%
Infollion Research Services IPO	Jun 08, 2023	21.45	79.47	192.41	408.96	329.49	142.13%	112.54%	414.63%
Hemant Surgical Industries IPO	Jun 05, 2023	24.84	93.96	187.45	142.51	48.55	99.50%	-23.98%	51.67%
Proventus Agrocom IPO	Jun 05, 2023	69.54	264.26	295.47	538.12	273.86	11.81%	82.12%	103.63%
Vasa Denticity IPO	Jun 02, 2023	54.07	205.01	354.84	1,000.45	795.44	73.09%	181.95%	388.01%
Crayons Advertising IPO	Jun 02, 2023	41.80	158.80	230.86	240.64	81.84	45.38%	4.23%	51.54%
Remus Pharmaceuticals IPO	May 29, 2023	47.69	181.03	264.67	347.63	166.60	46.20%	31.34%	92.03%
Krishca Strapping Solutions IPO	May 26, 2023	17.93	65.18	136.27	324.20	259.02	109.07%	137.91%	397.41%
Auro Impex & Chemicals IPO	May 23, 2023	27.07	95.17	92.36	91.14	-4.03	-2.95%	-1.32%	-4.23%
Innokaiz India IPO	May 11, 2023	21.17	79.74	159.09	43.47	-36.27	99.50%	-72.68%	-45.49%
De Neers Tools IPO	May 11, 2023	22.99	86.92	155.35	292.49	205.56	78.71%	88.28%	236.49%
Retina Paints IPO	May 03, 2023	11.10	41.82	42.52	95.14	53.32	1.67%	123.77%	127.50%
Quicktouch Technologies IPO	May 02, 2023	9.33	35.26	35.26	66.85	31.59	0.00%	89.59%	89.59%
A G Universal IPO	Apr 24, 2023	8.72	32.90	32.96	30.33	-2.58	0.17%	-7.99%	-7.83%
Pattech Fitwell Tube Components IPO	Apr 21, 2023	12.00	38.79	44.68	100.26	61.48	15.20%	124.39%	158.50%
Sancode Technologies IPO	Apr 18, 2023	5.15	19.12	24.74	26.04	6.92	29.36%	5.26%	36.17%
MOS Utility IPO	Apr 18, 2023	49.97	189.51	235.64	709.92	520.41	24.34%	201.27%	274.61%
Exhicon Events IPO	Apr 17, 2023	21.12	76.00	79.80	292.97	216.97	5.00%	267.11%	285.47%
Infinium Pharmachem IPO	Apr 17, 2023	25.26	93.93	102.84	226.14	132.20	9.48%	119.89%	140.74%
Sotac Pharmaceuticals IPO	Apr 13, 2023	33.30	122.66	133.43	129.67	7.02	8.78%	-2.82%	5.72%
Maiden Forgings IPO	Apr 06, 2023	23.84	89.54	85.07	113.70	24.16	-4.98%	33.65%	26.98%
Dev Labtech Venture IPO	Mar 29, 2023	11.22	42.18	41.53	66.17	23.99	-1.55%	59.33%	56.86%
Command Polymers IPO	Mar 29, 2023	7.09	26.25	24.85	27.12	0.86	-5.36%	9.13%	3.29%
Nirman Agri Genetics IPO	Mar 28, 2023	20.30	59.01	60.38	235.30	176.29	2.32%	289.68%	298.74%
Bright Outdoor Media IPO	Mar 24, 2023	55.48	203.36	219.38	640.72	437.36	7.88%	192.06%	215.07%
Quality Foils (India) IPO	Mar 24, 2023	4.52	17.12	27.88	25.69	8.56	62.83%	-7.88%	50.00%
Labelkraft Technologies IPO	Mar 23, 2023	4.75	17.84	18.10	23.73	5.89	1.44%	31.12%	33.00%
Sudarshan Pharma Industries IPO	Mar 22, 2023	50.10	94.81	90.06	57.08	-37.73	-5.00%	-36.63%	-39.79%
VELS Film International IPO	Mar 22, 2023	33.74	127.79	133.47	53.50	-74.29	4.44%	-59.91%	-58.13%
Prospect Commodities IPO	Mar 20, 2023	7.48	24.95	25.14	43.81	18.86	0.74%	74.29%	75.57%
MCON Rasayan IPO	Mar 20, 2023	6.84	25.22	31.77	99.82	74.60	26.00%	214.19%	295.88%
Vertexplus Technologies IPO	Mar 15, 2023	14.20	52.60	58.11	60.41	7.81	10.47%	3.96%	14.84%
Systango Technologies IPO	Mar 15, 2023	34.82	132.02	150.94	302.32	170.30	14.33%	100.29%	129.00%
ITCONS E-Solutions IPO	Mar 13, 2023	8.67	25.65	24.81	296.87	271.22	-3.27%	1,096.74%	1,057.55%
ResGen IPO	Mar 13, 2023	28.20	98.58	97.68	235.02	136.44	-0.91%	140.61%	138.40%
SVJ Enterprises IPO	Mar 09, 2023	6.12	20.06	20.11	84.79	64.74	0.28%	321.61%	322.78%
Amanaya Ventures IPO	Mar 09, 2023	2.76	8.60	7.14	5.66	-2.94	-16.96%	-20.68%	-34.13%
Srivasavi Adhesive Tapes IPO	Mar 09, 2023	15.50	58.11	59.53	153.72	95.60	2.44%	158.21%	164.51%
Patron Exim IPO	Mar 06, 2023	16.69	62.59	62.54	17.94	-44.64	-0.07%	-71.31%	-71.33%
Macfos IPO	Mar 01, 2023	23.74	90.12	154.44	938.90	848.78	71.37%	507.92%	941.81%
Viaz Tyres IPO	Mar 01, 2023	20.00	75.96	83.37	80.37	4.41	9.76%	-3.60%	5.81%
Sealmatic India IPO	Mar 01, 2023	56.24	203.63	213.81	499.15	295.53	5.00%	133.46%	145.13%
Agarwal Float Glass India IPO	Feb 23, 2023	9.20	30.42	31.91	63.31	32.89	4.88%	98.41%	108.10%
Indong Tea Company IPO	Feb 21, 2023	13.01	39.00	32.70	37.50	-1.50	-16.15%	14.68%	-3.85%
Lead Reclaim and Rubber Products IPO	Feb 21, 2023	4.88	18.35	20.30	68.46	50.11	10.60%	237.25%	273.00%
Shera Energy IPO	Feb 17, 2023	35.20	129.89	153.37	499.41	369.51	18.07%	225.63%	284.47%
Earthstahl & Alloys IPO	Feb 08, 2023	12.96	48.96	70.69	50.31	1.35	44.38%	-28.83%	2.75%
Gayatri Rubbers and Chemicals IPO	Feb 07, 2023	4.58	17.21	21.09	260.36	243.15	22.50%	1,134.69%	1,412.50%
Transvoy Logistics India IPO	Feb 02, 2023	5.11	18.91	19.85	58.27	39.36	5.00%	193.49%	208.17%
DHARNI Capital Services IPO	Jan 31, 2023	10.74	40.74	41.25	91.87	51.13	1.25%	122.72%	125.50%
Aristo Bio-Tech and Lifescience IPO	Jan 30, 2023	13.05	49.02	57.19	100.76	51.74	16.67%	76.19%	105.56%
Ducol Organics And Colours IPO	Jan 19, 2023	31.51	113.41	170.84	167.94	54.52	50.64%	-1.70%	48.08%
Eastern Logica Infoway IPO	Jan 17, 2023	16.94	64.14	80.82	68.13	3.99	26.00%	-15.70%	6.22%
Chaman Metallics IPO	Jan 16, 2023	24.21	91.71	155.91	265.00	173.29	70.00%	69.97%	188.95%
Rex Sealing and Packing Industries IPO	Jan 12, 2023	8.09	29.97	31.93	49.66	19.69	6.56%	55.51%	65.70%
SVS Ventures IPO	Jan 12, 2023	11.24	42.70	45.90	24.19	-18.51	7.50%	-47.30%	-43.35%
Anlon Technology Solutions IPO	Jan 10, 2023	15.00	56.05	147.78	202.79	146.74	163.65%	37.23%	261.80%
RBM Infracon IPO	Jan 04, 2023	8.37	30.39	46.51	693.98	663.59	53.06%	1,392.11%	2,183.75%
Homesfy Realty IPO	Jan 02, 2023	15.86	60.19	87.97	154.29	94.10	46.17%	75.38%	156.35%
First Prev 2 of 2

		Compare

Compare

<< Year 2022	2023	Year 2024 > >

SME IPO Enquiry

SME Company Owners
We could help you get listed on the stock market.

Check our SME IPO Guide New

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

More IPO reports ...List of all reports