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Historical database
171 listed IPOs: how each one priced, listed and has traded since.
Median listing gain by year
| Year | Issues | Median | Average | Listed up |
|---|---|---|---|---|
| 2026 | 115 | +17.1% | +29.2% | 100% |
What the median means
Sort every listing gain from lowest to highest; the median is the one in the middle. It tells you what a typical IPO did. The average can be pulled far up by a few huge winners.
Best listings
ESDS Software SolutionESDS · BSE, NSE · Mainboard · IT - Software+111.7%4 Sep 2026
Credent Connect N CareCREDENT · NSE · SME · Hospital & Healthcare Services+99.5%20 Aug 2026
Maxwell Engineering Solutions LimitedMAXENGS · NSE · SME · Engineering+99.5%6 Nov 2026
Vans ElectroengineeringsVANS · BSE · SME · Engineering+99.5%7 Oct 2026
SpectraA Technology SolutionsSPECTRAA · NSE · SME+99.5%24 Sep 2026Worst listings
M. K. Sons Fine Jewels LimitedMKSONS · BSE, NSE · Mainboard · Diamond & Jewellery+0.0%4 Nov 2026
Axiom Gas EngineeringAXIOMGAS · NSE · SME+0.1%25 Sep 2026
Anand SeamlessANAND · BSE · SME · Steel & Iron Products+0.1%29 Sep 2026
Fusion CXFUSIONCX · BSE, NSE · Mainboard+0.2%22 Oct 2026
Manika PlastechMANIKA · BSE, NSE · Mainboard · Plastic Products+0.3%21 Sep 2026Does demand predict the pop?
Median listing gain by how many times the whole issue was bid for.
| Subscribed | Issues | Median gain | Listed up |
|---|---|---|---|
| 1x – 5x | 30 | +3.0% | 100% |
| 5x – 20x | 16 | +11.4% | 100% |
| 20x – 50x | 16 | +17.3% | 100% |
| 50x – 100x | 11 | +23.6% | 100% |
| 100x and above | 42 | +48.2% | 100% |
Issue size and outcome
Median listing gain by the size of the issue.
| Issue size | Issues | Median gain | Listed up |
|---|---|---|---|
| Under ₹50 Cr | 37 | +15.9% | 100% |
| ₹50 – 250 Cr | 32 | +15.0% | 100% |
| ₹250 – 1000 Cr | 30 | +22.3% | 100% |
| Above ₹1000 Cr | 16 | +18.0% | 100% |
Mainboard against SME
Same measure, split by segment. SME issues are smaller and far less liquid.
| Segment | Issues | Median gain | Listed up |
|---|---|---|---|
| Mainboard | 58 | +17.6% | 100% |
| SME | 57 | +15.9% | 100% |