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SME IPOs
171 listed IPOs: how each one priced, listed and has traded since.
Median listing gain by year
| Year | Issues | Median | Average | Listed up |
|---|---|---|---|---|
| 2026 | 97 | +2.4% | +14.9% | 59% |
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
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 2026
Robokidz EduventuresROBOKIDZ · BSE · SME · Educational Institutions+99.5%28 Sep 2026Worst listings
Sham FoamSHAMFOAM · BSE · SME−24.0%18 Aug 2026
Pind HospitalityPIND · BSE · SME · Hotel−24.0%6 Oct 2026
Antala IndustriesANTALA · BSE · SME · Packaging−24.0%11 Nov 2026
Fascinate TextilesFASCINATE · NSE · SME · Textile−24.0%24 Aug 2026
Fly-Hi Maritime TravelsFLYHI · BSE · SME · Travel Services−24.0%8 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 |
|---|---|---|---|
| Under 1x | 1 | −6.0% | 0% |
| 1x – 5x | 53 | −5.0% | 42% |
| 5x – 20x | 9 | −0.0% | 44% |
| 20x – 50x | 7 | +18.7% | 100% |
| 50x – 100x | 6 | +2.3% | 50% |
| 100x and above | 21 | +64.0% | 100% |
Issue size and outcome
Median listing gain by the size of the issue.
| Issue size | Issues | Median gain | Listed up |
|---|---|---|---|
| Under ₹50 Cr | 62 | +2.5% | 60% |
| ₹50 – 250 Cr | 35 | +1.5% | 57% |