---
title: "IPO Listing Gains in 2022"
canonical: "https://tapetide.com/insight/reports/ipo-listing-gains/2022"
last_updated: "2026-11-05"
generated_at: "2026-11-05T01:53:06.003Z"
---

# IPO Listing Gains in 2022

By [Sanjay Mehta](https://tapetide.com/about/authors/sanjay-mehta), Research lead. How we research these reports: https://tapetide.com/about/editorial-policy

Listing-day gains of every mainboard and SME IPO listed in India in 2022: issue and listing price, average and median gain, by month. Not investment advice.

Final for 2022: every IPO that listed in the year. Prices as of 5 Nov 2026.

148 IPOs listed on NSE and BSE in 2022: 39 mainboard and 109 SME. Across them, the average listing-day gain was +23.95% (median +7.22%), and 112 of the 148 IPOs with a listing price (75.7%) listed above their issue price.

59 of the 139 IPOs with a current price (42.4%) traded below their issue price at the close of 4 Nov 2026, 42 of them after listing above it. The median return since issue is +31.66%; 52 have doubled or more and 27 have lost half or more.

Past listing-day performance says nothing about how a future IPO will list or trade. This is historical data, not investment advice and not a recommendation to apply for, buy or sell any security. Tapetide is not a SEBI-registered research analyst or investment adviser.

Canonical page: https://tapetide.com/insight/reports/ipo-listing-gains/2022

- **IPOs listed:** 148
- **Mainboard:** 39
- **SME:** 109
- **Average listing gain %:** 23.95
- **Median listing gain %:** 7.22
- **Listed above issue price:** 112
- **Listed at issue price:** 13
- **Listed below issue price:** 23
- **Share above issue price %:** 75.7
- **Total issue size (₹ Cr):** 65240.37
- **With a current price:** 139
- **Trading below issue price:** 59
- **Share trading below issue price %:** 42.4
- **Listed above issue, now below:** 42
- **Median return since issue %:** 31.66
- **Doubled or more since issue:** 52
- **Lost half or more since issue:** 27
- **Current prices as of:** 2026-11-04
- **Opened at the SME +90% cap:** 3
- **Opened at the SME −20% floor:** 0
- **Year complete:** yes

Methodology:

- Covers every IPO whose shares were listed on NSE or BSE between 1 Jan 2022 and 31 Dec 2022, mainboard and SME, one row per issue. An issue listed on both exchanges counts once.
- Listing-day gain is the listing price (the price at which the shares opened on their first trading day) over the final issue price. The current price is the latest close; the return since issue is adjusted for any split or bonus after listing.
- Averages, medians and the share above issue price cover issues with a recorded listing price; an issue without one is counted in the listings total but not in the averages.
- Mainboard and SME are the two exchange segments; together they make up the total. An issue withdrawn before listing (no shares allotted or traded) is not counted, even if a listing date had been announced.
- Issue size is the total offer in ₹ crore as disclosed. Subscription is the overall times subscribed at the close of bidding; it is recorded for issues from 2026.
- Trading below issue counts issues whose latest close, adjusted for any later split or bonus, is under the issue price. An issue with no close in the last 30 days (suspended, or migrated) has no current price and is left out of those counts.
- On listing day an SME issue opens through a pre-open call auction whose price may be at most 90% above the issue price (NSE from July 2024, BSE likewise) and, since 2025, at most 20% below it. Rows that opened exactly at a limit are marked "SME cap" or "SME floor".

### Mainboard vs SME

Mainboard: 39 listings, average +10.25%, median +3.75%, 69.2% above issue price. SME: 109 listings, average +28.85%, median +10.07%, 78.0% above issue price.

| Segment | Listed | Average Gain % | Median Gain % | Above Issue | At Issue | Below Issue | Above Issue % | Total Issue Size (₹ Cr) |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Mainboard | 39 | 10.25 | 3.75 | 27 | 2 | 10 | 69.2 | 63283.7 |
| SME | 109 | 28.85 | 10.07 | 85 | 11 | 13 | 78 | 1956.67 |
| All IPOs | 148 | 23.95 | 7.22 | 112 | 13 | 23 | 75.7 | 65240.37 |

### Listing-day gain distribution

3 SME issues opened at exactly +90%, the most an SME listing may open above its issue price, and 0 at exactly −20%, the lowest it may open. An open at a limit is the cap, not the price trading would otherwise have settled on, which is one reason the median is a better guide to a typical listing than the average.

| Listing Gain | IPOs | Share % | Opened At SME Price Limit |
| --- | --- | --- | --- |
| −20% or worse | 3 | 2 | 0 |
| −20% to −10% | 8 | 5.4 | 0 |
| −10% to 0% | 12 | 8.1 | 0 |
| At issue price | 13 | 8.8 | 0 |
| 0% to 10% | 42 | 28.4 | 0 |
| 10% to 25% | 19 | 12.8 | 0 |
| 25% to 50% | 21 | 14.2 | 0 |
| 50% to 90% | 16 | 10.8 | 0 |
| 90% or more | 14 | 9.5 | 3 |

### By issue size

| Issue Size | IPOs | Median Listing Gain % | Average Listing Gain % | Listed Above Issue % | Trading Below Issue | With Current Price | Median Return Since Issue % |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Under ₹50 Cr | 101 | 12.71 | 30.65 | 78.2 | 37 | 93 | 39.5 |
| ₹50 Cr to ₹250 Cr | 12 | 4.28 | 10.32 | 83.3 | 6 | 11 | -50.05 |
| ₹250 Cr to ₹1,000 Cr | 22 | 4.26 | 11.65 | 68.2 | 9 | 22 | 35.83 |
| ₹1,000 Cr to ₹5,000 Cr | 11 | 3.69 | 6.92 | 63.6 | 5 | 11 | 5.38 |
| ₹5,000 Cr and over | 2 | -3.69 | -3.69 | 50 | 2 | 2 | -14.09 |

### By month

| Month | Listed | Average Gain % | Median Gain % | Above Issue |
| --- | --- | --- | --- | --- |
| Jan 2022 | 6 | 29.61 | 8.4 | 6 |
| Feb 2022 | 9 | 17.72 | 2.45 | 6 |
| Mar 2022 | 10 | 8.04 | 2.99 | 6 |
| Apr 2022 | 10 | 25.95 | 16.13 | 10 |
| May 2022 | 14 | 1.01 | 0 | 6 |
| Jun 2022 | 8 | 12.2 | 5.02 | 7 |
| Jul 2022 | 11 | 0.34 | 1.47 | 8 |
| Aug 2022 | 5 | 70.79 | 78.21 | 5 |
| Sep 2022 | 22 | 31.98 | 28.41 | 16 |
| Oct 2022 | 20 | 40.47 | 26.43 | 18 |
| Nov 2022 | 15 | 24.35 | 12.71 | 12 |
| Dec 2022 | 18 | 28.87 | 8.02 | 12 |

### Highest listing-day gains

| IPO | Segment | Listed | Issue Price (₹) | Listing Price (₹) | Listing Gain % | SME Price Limit | Subscription (x) | Issue Size (₹ Cr) | Current Price (₹) | Return Since Issue % |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [Phantom Digital Effects SME](https://tapetide.com/ipo/gmp/phantom-digital-effects-ipo/388) | SME | 2022-10-21 | 95 | 300 | 215.79 | — | — | 29.1 | 74.9 | -21.16 |
| [Baheti Recycling SME](https://tapetide.com/ipo/gmp/baheti-recycling-industries-ipo/419) | SME | 2022-12-08 | 45 | 120 | 166.67 | — | — | 12.42 | 791.4 | 1658.67 |
| [Agni Green Power SME](https://tapetide.com/ipo/gmp/agni-green-power-ipo/315) | SME | 2022-08-01 | 10 | 25 | 150 | — | — | 5.25 | 13.95 | 39.5 |
| [Virtuoso Optoelectronics SME](https://tapetide.com/ipo/gmp/virtuoso-optoelectronics-ipo/348) | SME | 2022-09-15 | 56 | 117 | 108.93 | — | — | 30.24 | 475.7 | 749.46 |
| [Ameya Precision Engineers SME](https://tapetide.com/ipo/gmp/ameya-engineers-ipo/340) | SME | 2022-09-08 | 34 | 68.4 | 101.18 | — | — | 7.14 | 156.05 | 358.97 |

### Lowest listing-day gains

| IPO | Segment | Listed | Issue Price (₹) | Listing Price (₹) | Listing Gain % | SME Price Limit | Subscription (x) | Issue Size (₹ Cr) | Current Price (₹) | Return Since Issue % |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [Bhatia Colour Chem SME](https://tapetide.com/ipo/gmp/bhatia-colour-chem-ipo/249) | SME | 2022-03-24 | 80 | 40 | -50 | — | — | 40 | 22.25 | -72.19 |
| [Swastik Pipe SME](https://tapetide.com/ipo/gmp/swastik-pipe-ipo/380) | SME | 2022-10-12 | 100 | 66 | -34 | — | — | 62.52 | 15.4 | -84.6 |
| [Reetech International Cargo and Courier SME](https://tapetide.com/ipo/gmp/reetech-international-cargo-ipo/375) | SME | 2022-10-10 | 105 | 82 | -21.9 | — | — | 11.71 | 16.22 | -84.55 |
| [KCK Industries](https://tapetide.com/ipo/gmp/kck-industries-ipo/299) | SME | 2022-07-08 | 30 | 25 | -16.67 | — | — | 4.5 | 10.7 | 791.67 |
| [Naturo Indiabull SME](https://tapetide.com/ipo/gmp/naturo-indiabull-ipo/332) | SME | 2022-09-02 | 30 | 25 | -16.67 | — | — | 10.92 | — | — |

### Highest return since issue

| IPO | Segment | Listed | Issue Price (₹) | Listing Price (₹) | Listing Gain % | SME Price Limit | Subscription (x) | Issue Size (₹ Cr) | Current Price (₹) | Return Since Issue % |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [Insolation Energy](https://tapetide.com/ipo/gmp/insolation-energy-ipo/364) | SME | 2022-10-10 | 38 | 76.1 | 100.26 | — | — | 22.16 | 73.02 | 19115.79 |
| [Concord Control Systems SME](https://tapetide.com/ipo/gmp/concord-control-systems-ipo/369) | SME | 2022-10-10 | 55 | 109.95 | 99.91 | — | — | 8.32 | 2784.05 | 7999.05 |
| [Kesar India SME](https://tapetide.com/ipo/gmp/kesar-india-ipo/308) | SME | 2022-07-12 | 170 | 172.5 | 1.47 | — | — | 15.82 | 1205 | 4861.76 |
| [Krishna Defence SME](https://tapetide.com/ipo/gmp/krishna-defence-ipo/255) | SME | 2022-04-06 | 39 | 75 | 92.31 | — | — | 11.89 | 1259.5 | 3129.49 |
| [Viviana Power Tech SME](https://tapetide.com/ipo/gmp/viviana-power-tech-ipo/350) | SME | 2022-09-16 | 55 | 90 | 63.64 | — | — | 8.8 | 728.3 | 2018.69 |

### Lowest return since issue

| IPO | Segment | Listed | Issue Price (₹) | Listing Price (₹) | Listing Gain % | SME Price Limit | Subscription (x) | Issue Size (₹ Cr) | Current Price (₹) | Return Since Issue % |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [AGS Transact Technologies](https://tapetide.com/ipo/gmp/ags-transact-ipo/223) | Mainboard | 2022-01-31 | 175 | 176 | 0.57 | — | — | 680 | 2.26 | -98.73 |
| [Evoq Remedies SME](https://tapetide.com/ipo/gmp/evoq-remedies-ipo/248) | SME | 2022-03-30 | 27 | 23.75 | -12.04 | — | — | 9.72 | 1.54 | -94.3 |
| [Global Longlife Hospital SME](https://tapetide.com/ipo/gmp/global-longlife-hospital-ipo/272) | SME | 2022-05-04 | 140 | 141.1 | 0.79 | — | — | 49 | 13.95 | -90.04 |
| [Dipna Pharmachem SME](https://tapetide.com/ipo/gmp/dipna-pharmachem-ipo/341) | SME | 2022-09-08 | 38 | 32 | -15.79 | — | — | 15.21 | 3.99 | -89.5 |
| [Pace E-Commerce Ventures SME](https://tapetide.com/ipo/gmp/pace-e-commerce-ventures-ipo/382) | SME | 2022-10-20 | 103 | 104.5 | 1.46 | — | — | 66.53 | 13.63 | -86.77 |

### Year by year

| Year | IPOs | Mainboard | SME | Median Gain % | Average Gain % | Above Issue % | Total Issue Size (₹ Cr) | Complete |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [IPO Listing Gains in 2026](https://tapetide.com/insight/reports/ipo-listing-gains/2026) | 303 | 116 | 187 | 2.96 | 12.61 | 59.8 | 182448.27 | to date |
| [IPO Listing Gains in 2025](https://tapetide.com/insight/reports/ipo-listing-gains/2025) | 377 | 108 | 269 | 3.52 | 10.56 | 62.9 | 195505.69 | yes |
| [IPO Listing Gains in 2024](https://tapetide.com/insight/reports/ipo-listing-gains/2024) | 341 | 93 | 248 | 30.91 | 49.05 | 85 | 189798.74 | yes |
| [IPO Listing Gains in 2023](https://tapetide.com/insight/reports/ipo-listing-gains/2023) | 240 | 61 | 179 | 14.46 | 32.46 | 79.6 | 57781.67 | yes |
| [IPO Listing Gains in 2022](https://tapetide.com/insight/reports/ipo-listing-gains/2022) | 148 | 39 | 109 | 7.22 | 23.95 | 75.7 | 65240.37 | yes |
| [IPO Listing Gains in 2021](https://tapetide.com/insight/reports/ipo-listing-gains/2021) | 122 | 66 | 56 | 4.73 | 23.31 | 73 | 131355.17 | yes |
| [IPO Listing Gains in 2020](https://tapetide.com/insight/reports/ipo-listing-gains/2020) | 47 | 16 | 31 | 1.4 | 13.73 | 63.8 | 46012.2 | yes |
| [IPO Listing Gains in 2019](https://tapetide.com/insight/reports/ipo-listing-gains/2019) | 65 | 17 | 48 | 1.39 | 5.07 | 63.1 | 2317.86 | yes |
| [IPO Listing Gains in 2018](https://tapetide.com/insight/reports/ipo-listing-gains/2018) | 168 | 24 | 144 | 1.67 | 4.38 | 67.7 | — | yes |

### Every IPO listed in 2022

| IPO | Segment | Listed | Issue Price (₹) | Listing Price (₹) | Listing Gain % | SME Price Limit | Subscription (x) | Issue Size (₹ Cr) | Current Price (₹) | Return Since Issue % |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [Elin Electronics](https://tapetide.com/ipo/gmp/elin-electronics-ipo/449) | Mainboard | 2022-12-30 | 247 | 243 | -1.62 | — | — | 475 | 73.48 | -70.25 |
| [Moxsh Overseas Educon SME](https://tapetide.com/ipo/gmp/moxsh-overseas-educon-ipo/453) | SME | 2022-12-30 | 153 | 131 | -14.38 | — | — | 10.42 | 105 | 174.51 |
| [Arihant Academy SME](https://tapetide.com/ipo/gmp/arihant-academy-ipo/442) | SME | 2022-12-29 | 90 | 120.1 | 33.44 | — | — | 14.72 | 200 | 122.22 |
| [KFin Technologies](https://tapetide.com/ipo/gmp/kfin-technologies-ipo/446) | Mainboard | 2022-12-29 | 366 | 369 | 0.82 | — | — | 1500 | 896.8 | 145.03 |
| [Uma Converter SME](https://tapetide.com/ipo/gmp/uma-converter-ipo/443) | SME | 2022-12-29 | 33 | 34.25 | 3.79 | — | — | 18.41 | 15.55 | -52.88 |
| [Dollex Agrotech SME](https://tapetide.com/ipo/gmp/dollex-agrotech-ipo/444) | SME | 2022-12-28 | 35 | 30 | -14.29 | — | — | 24.39 | 35.5 | 1.43 |
| [Abans Holdings](https://tapetide.com/ipo/gmp/abans-holdings-ipo/429) | Mainboard | 2022-12-23 | 270 | 270 | 0 | — | — | 345.6 | 201.5 | -25.37 |
| [Droneacharya Aerial Innovations SME](https://tapetide.com/ipo/gmp/droneacharya-aerial-innovations-ipo/417) | SME | 2022-12-23 | 54 | 102 | 88.89 | — | — | 33.97 | 28.35 | -47.5 |
| [Landmark Cars](https://tapetide.com/ipo/gmp/landmark-cars-ipo/414) | Mainboard | 2022-12-23 | 506 | 471.3 | -6.86 | — | — | 552 | 465.4 | -8.02 |
| [Sula Vineyards](https://tapetide.com/ipo/gmp/sula-vineyards-ipo/425) | Mainboard | 2022-12-22 | 357 | 358 | 0.28 | — | — | 960.35 | 134.85 | -62.23 |
| [All E Technologies SME](https://tapetide.com/ipo/gmp/all-e-technologies-ipo/424) | SME | 2022-12-21 | 90 | 125 | 38.89 | — | — | 48.2 | 114 | 26.67 |
| [PNGS Gargi Fashion Jewellery SME](https://tapetide.com/ipo/gmp/pngs-gargi-fashion-jewellery-ipo/427) | SME | 2022-12-20 | 30 | 57 | 90 | SME cap | — | 7.8 | 517.3 | 1624.33 |
| [Arham Technology SME](https://tapetide.com/ipo/gmp/arham-technologies-ipo/423) | SME | 2022-12-15 | 42 | 60 | 42.86 | — | — | 9.58 | 209.1 | 895.71 |
| [Uniparts India](https://tapetide.com/ipo/gmp/uniparts-india-ipo/391) | Mainboard | 2022-12-12 | 577 | 575 | -0.35 | — | — | 835.61 | 759.7 | 31.66 |
| [Baheti Recycling SME](https://tapetide.com/ipo/gmp/baheti-recycling-industries-ipo/419) | SME | 2022-12-08 | 45 | 120 | 166.67 | — | — | 12.42 | 791.4 | 1658.67 |
| [Dharmaj Crop Guard](https://tapetide.com/ipo/gmp/dharmaj-crop-guard-ipo/415) | Mainboard | 2022-12-08 | 237 | 266 | 12.24 | — | — | 251.09 | 251.4 | 6.08 |
| [Pritika Engineering Components](https://tapetide.com/ipo/gmp/pritika-engineering-components-ipo/418) | SME | 2022-12-08 | 29 | 42.2 | 45.52 | — | — | 9.42 | 77.8 | 436.55 |
| [Ambo Agritec SME](https://tapetide.com/ipo/gmp/ambo-agritec-ipo/416) | SME | 2022-12-02 | 30 | 40.1 | 33.67 | — | — | 10.2 | 9.51 | -68.3 |
| [Keystone Realtors](https://tapetide.com/ipo/gmp/keystone-realtors-ipo/410) | Mainboard | 2022-11-24 | 541 | 555 | 2.59 | — | — | 635 | 359.5 | -33.55 |
| [Inox Green Energy](https://tapetide.com/ipo/gmp/inox-green-energy-ipo/408) | Mainboard | 2022-11-23 | 65 | 60.5 | -6.92 | — | — | 740 | 120.59 | 85.52 |
| [Kaynes Technology India](https://tapetide.com/ipo/gmp/kaynes-technology-ipo/407) | Mainboard | 2022-11-22 | 587 | 775 | 32.03 | — | — | 857.82 | 3330 | 467.29 |
| [Archean Chemical](https://tapetide.com/ipo/gmp/archean-chemical-ipo/406) | Mainboard | 2022-11-21 | 407 | 449 | 10.32 | — | — | 1462.3 | 428.9 | 5.38 |
| [Five Star Business Finance](https://tapetide.com/ipo/gmp/five-star-business-finance-ipo/389) | Mainboard | 2022-11-21 | 474 | 449.95 | -5.07 | — | — | 1593.45 | 397.15 | -16.21 |
| [Amiable Logistics SME](https://tapetide.com/ipo/gmp/amiable-logistics-ipo/404) | SME | 2022-11-16 | 81 | 129.95 | 60.43 | — | — | 4.37 | 65 | -19.75 |
| [Bikaji Foods International](https://tapetide.com/ipo/gmp/bikaji-foods-ipo/403) | Mainboard | 2022-11-16 | 300 | 321.15 | 7.05 | — | — | 880.86 | 472.9 | 57.63 |
| [Global Health](https://tapetide.com/ipo/gmp/global-health-ipo/401) | Mainboard | 2022-11-16 | 336 | 398.15 | 18.5 | — | — | 2205.57 | 1402 | 317.26 |
| [Technopack Polymers SME](https://tapetide.com/ipo/gmp/technopack-polymers-ipo/393) | SME | 2022-11-16 | 55 | 74 | 34.55 | — | — | 7.87 | 11 | -60 |
| [Fusion Micro Finance](https://tapetide.com/ipo/gmp/fusion-micro-finance-ipo/402) | Mainboard | 2022-11-15 | 368 | 360.5 | -2.04 | — | — | 1103.99 | 153.54 | -58.28 |
| [DAPS Advertising SME](https://tapetide.com/ipo/gmp/daps-advertising-ipo/400) | SME | 2022-11-14 | 30 | 57 | 90 | SME cap | — | 5.1 | 19 | -36.67 |
| [Vital Chemtech SME](https://tapetide.com/ipo/gmp/vital-chemtech-ipo/395) | SME | 2022-11-14 | 101 | 164 | 62.38 | — | — | 64.64 | 50.45 | -50.05 |
| [DCX Systems](https://tapetide.com/ipo/gmp/dcx-systems-ipo/397) | Mainboard | 2022-11-11 | 207 | 286.25 | 38.29 | — | — | 500 | 141.77 | -31.51 |
| [Integrated Personnel Services SME](https://tapetide.com/ipo/gmp/integrated-personnel-services-ipo/398) | SME | 2022-11-11 | 59 | 66.5 | 12.71 | — | — | 12.74 | 185.8 | 214.92 |
| [Rite Zone Chemcon India SME](https://tapetide.com/ipo/gmp/rite-zone-chemcon-ipo/399) | SME | 2022-11-11 | 75 | 82.85 | 10.47 | — | — | 8.96 | 17.95 | -76.07 |
| [Phantom Digital Effects SME](https://tapetide.com/ipo/gmp/phantom-digital-effects-ipo/388) | SME | 2022-10-21 | 95 | 300 | 215.79 | — | — | 29.1 | 74.9 | -21.16 |
| [Pace E-Commerce Ventures SME](https://tapetide.com/ipo/gmp/pace-e-commerce-ventures-ipo/382) | SME | 2022-10-20 | 103 | 104.5 | 1.46 | — | — | 66.53 | 13.63 | -86.77 |
| [Tracxn Technologies](https://tapetide.com/ipo/gmp/tracxn-ipo/386) | Mainboard | 2022-10-20 | 80 | 83 | 3.75 | — | — | 309.38 | 32.2 | -59.75 |
| [Electronics Mart India](https://tapetide.com/ipo/gmp/electronics-mart-india-ipo/381) | Mainboard | 2022-10-17 | 59 | 89.4 | 51.53 | — | — | 500 | 160.74 | 172.44 |
| [Frog Cellsat SME](https://tapetide.com/ipo/gmp/frog-cellsat-ipo/384) | SME | 2022-10-13 | 102 | 177 | 73.53 | — | — | 41.57 | 267.45 | 162.21 |
| [Maagh Advertising & Marketing Services](https://tapetide.com/ipo/gmp/maagh-advertising-ipo/368) | SME | 2022-10-13 | 60 | 62.3 | 3.83 | — | — | 9.12 | — | — |
| [Swastik Pipe SME](https://tapetide.com/ipo/gmp/swastik-pipe-ipo/380) | SME | 2022-10-12 | 100 | 66 | -34 | — | — | 62.52 | 15.4 | -84.6 |
| [Vedant Asset SME](https://tapetide.com/ipo/gmp/vedant-asset-ipo/373) | SME | 2022-10-12 | 40 | 65 | 62.5 | — | — | 3 | 61.8 | 54.5 |
| [Lloyds Luxuries SME](https://tapetide.com/ipo/gmp/lloyds-luxuries-ipo/370) | SME | 2022-10-11 | 40 | 45.15 | 12.88 | — | — | 24 | 65 | 62.5 |
| [QMS Medical Allied Services SME](https://tapetide.com/ipo/gmp/qms-medical-allied-ipo/367) | SME | 2022-10-11 | 121 | 128 | 5.79 | — | — | 56.87 | 172.59 | 42.64 |
| [Cargosol Logistics SME](https://tapetide.com/ipo/gmp/cargosol-logistics-ipo/371) | SME | 2022-10-10 | 28 | 42.4 | 51.43 | — | — | 7.56 | — | — |
| [Cargotrans Maritime SME](https://tapetide.com/ipo/gmp/cargotrans-maritime-ipo/374) | SME | 2022-10-10 | 45 | 70 | 55.56 | — | — | 4.86 | 62.1 | 38 |
| [Concord Control Systems SME](https://tapetide.com/ipo/gmp/concord-control-systems-ipo/369) | SME | 2022-10-10 | 55 | 109.95 | 99.91 | — | — | 8.32 | 2784.05 | 7999.05 |
| [Cyber Media Research & Services SME](https://tapetide.com/ipo/gmp/cyber-media-research-ipo/366) | SME | 2022-10-10 | 180 | 245.25 | 36.25 | — | — | 14.04 | 73.7 | -59.06 |
| [Insolation Energy](https://tapetide.com/ipo/gmp/insolation-energy-ipo/364) | SME | 2022-10-10 | 38 | 76.1 | 100.26 | — | — | 22.16 | 73.02 | 19115.79 |
| [Reetech International Cargo and Courier SME](https://tapetide.com/ipo/gmp/reetech-international-cargo-ipo/375) | SME | 2022-10-10 | 105 | 82 | -21.9 | — | — | 11.71 | 16.22 | -84.55 |
| [Silicon Rental Solutions SME](https://tapetide.com/ipo/gmp/silicon-rental-solutions-ipo/372) | SME | 2022-10-10 | 78 | 80 | 2.56 | — | — | 21.15 | 67.62 | -13.31 |
| [Steelman Telecom SME](https://tapetide.com/ipo/gmp/steelman-telecom-ipo/376) | SME | 2022-10-10 | 96 | 161 | 67.71 | — | — | 26.02 | 69 | -28.13 |
| [Trident Lifeline SME](https://tapetide.com/ipo/gmp/trident-lifeline-ipo/378) | SME | 2022-10-10 | 101 | 105 | 3.96 | — | — | 35.34 | 418 | 313.86 |
| [Mafia Trends SME](https://tapetide.com/ipo/gmp/mafia-trends-ipo/365) | SME | 2022-10-06 | 28 | 32.65 | 16.61 | — | — | 3.6 | 4.3 | -84.64 |
| [Containe Technologies SME](https://tapetide.com/ipo/gmp/containe-technologies-ipo/363) | SME | 2022-09-30 | 15 | 22 | 46.67 | — | — | 2.62 | 15.74 | 4.93 |
| [Kandarp Digi Smart BPO SME](https://tapetide.com/ipo/gmp/kandarp-digi-smart-bpo-ipo/362) | SME | 2022-09-28 | 30 | 30 | 0 | — | — | 8.1 | 65.95 | 119.83 |
| [Maks Energy Solutions India SME](https://tapetide.com/ipo/gmp/maks-energy-ipo/361) | SME | 2022-09-28 | 20 | 20 | 0 | — | — | 4 | 12.9 | -35.5 |
| [Annapurna Swadisht SME](https://tapetide.com/ipo/gmp/annapurna-swadisht-ipo/356) | SME | 2022-09-27 | 70 | 120 | 71.43 | — | — | 30.25 | 122.75 | 75.36 |
| [Varanium Cloud](https://tapetide.com/ipo/gmp/varanium-cloud-ipo/359) | SME | 2022-09-27 | 122 | 131 | 7.38 | — | — | 36.6 | — | — |
| [Harsha Engineers International](https://tapetide.com/ipo/gmp/harsha-engineers-international-ipo/342) | Mainboard | 2022-09-26 | 330 | 444 | 34.55 | — | — | 755 | 462 | 40 |
| [Ishan International](https://tapetide.com/ipo/gmp/ishan-international-ipo/355) | SME | 2022-09-22 | 80 | 82 | 2.5 | — | — | 18.24 | 0.5 | -81.25 |
| [Tapi Fruit Processing SME](https://tapetide.com/ipo/gmp/tapi-fruit-processing-ipo/357) | SME | 2022-09-22 | 48 | 52.1 | 8.54 | — | — | 5.21 | 41.8 | -12.92 |
| [Sabar Flex India SME](https://tapetide.com/ipo/gmp/sabar-flex-india-ipo/354) | SME | 2022-09-21 | 11 | 21 | 90.91 | — | — | 4.48 | 9.3 | -15.45 |
| [Mega Flex Plastics SME](https://tapetide.com/ipo/gmp/mega-flex-plastics-ipo/349) | SME | 2022-09-19 | 40 | 54 | 35 | — | — | 11.4 | 154.05 | 285.13 |
| [Shantidoot Infra Services SME](https://tapetide.com/ipo/gmp/shantidoot-infra-services-ipo/353) | SME | 2022-09-19 | 81 | 105 | 29.63 | — | — | 4.02 | 560.5 | 591.98 |
| [Viviana Power Tech SME](https://tapetide.com/ipo/gmp/viviana-power-tech-ipo/350) | SME | 2022-09-16 | 55 | 90 | 63.64 | — | — | 8.8 | 728.3 | 2018.69 |
| [Tamilnad Mercantile Bank](https://tapetide.com/ipo/gmp/tamilnad-mercantile-bank-ipo/347) | Mainboard | 2022-09-15 | 510 | 510 | 0 | — | — | 807.84 | 800.2 | 56.9 |
| [Virtuoso Optoelectronics SME](https://tapetide.com/ipo/gmp/virtuoso-optoelectronics-ipo/348) | SME | 2022-09-15 | 56 | 117 | 108.93 | — | — | 30.24 | 475.7 | 749.46 |
| [EP Biocomposites SME](https://tapetide.com/ipo/gmp/ep-biocomposites-ipo/344) | SME | 2022-09-13 | 126 | 160.25 | 27.18 | — | — | 6.35 | 88 | -30.16 |
| [Ameya Precision Engineers SME](https://tapetide.com/ipo/gmp/ameya-engineers-ipo/340) | SME | 2022-09-08 | 34 | 68.4 | 101.18 | — | — | 7.14 | 156.05 | 358.97 |
| [Dipna Pharmachem SME](https://tapetide.com/ipo/gmp/dipna-pharmachem-ipo/341) | SME | 2022-09-08 | 38 | 32 | -15.79 | — | — | 15.21 | 3.99 | -89.5 |
| [JFL Life Sciences SME](https://tapetide.com/ipo/gmp/jfl-life-sciences-ipo/330) | SME | 2022-09-08 | 61 | 70 | 14.75 | — | — | 18.17 | 10.75 | -47.13 |
| [Jay Jalaram Technologies SME](https://tapetide.com/ipo/gmp/jay-jalaram-technologies-ipo/339) | SME | 2022-09-08 | 36 | 50 | 38.89 | — | — | 10.8 | 307.3 | 753.61 |
| [Dreamfolks Services](https://tapetide.com/ipo/gmp/dreamfolks-services-ipo/334) | Mainboard | 2022-09-06 | 326 | 505 | 54.91 | — | — | 562.1 | 58.3 | -82.12 |
| [Rhetan TMT](https://tapetide.com/ipo/gmp/rhetan-tmt-ipo/331) | SME | 2022-09-05 | 70 | 70 | 0 | — | — | 56 | 13.43 | 619.46 |
| [Naturo Indiabull SME](https://tapetide.com/ipo/gmp/naturo-indiabull-ipo/332) | SME | 2022-09-02 | 30 | 25 | -16.67 | — | — | 10.92 | — | — |
| [Olatech Solutions SME](https://tapetide.com/ipo/gmp/olatech-solutions-ipo/328) | SME | 2022-08-29 | 27 | 51.3 | 90 | SME cap | — | 1.89 | 55.51 | 280.35 |
| [Syrma SGS Technology](https://tapetide.com/ipo/gmp/syrma-ipo/325) | Mainboard | 2022-08-26 | 220 | 262 | 19.09 | — | — | 840.13 | 1512.6 | 587.55 |
| [Veekayem Fashion and Apparels SME](https://tapetide.com/ipo/gmp/veekayem-fashion-and-apparels-ipo/321) | SME | 2022-08-22 | 28 | 49.9 | 78.21 | — | — | 4.44 | 165 | 489.29 |
| [Upsurge Seeds of Agriculture SME](https://tapetide.com/ipo/gmp/upsurge-seeds-of-agriculture-ipo/317) | SME | 2022-08-11 | 120 | 140 | 16.67 | — | — | 22.81 | 89.55 | 6.61 |
| [Agni Green Power SME](https://tapetide.com/ipo/gmp/agni-green-power-ipo/315) | SME | 2022-08-01 | 10 | 25 | 150 | — | — | 5.25 | 13.95 | 39.5 |
| [Healthy Life Agritec SME](https://tapetide.com/ipo/gmp/healthy-life-agritec-ipo/314) | SME | 2022-07-26 | 10 | 8.9 | -11 | — | — | 10 | 5.15 | -48.5 |
| [Veerkrupa Jewellers](https://tapetide.com/ipo/gmp/veerkrupa-jewellers-ipo/304) | SME | 2022-07-18 | 27 | 27 | 0 | — | — | 8.1 | 0.55 | -66.05 |
| [B Right Real Estate SME](https://tapetide.com/ipo/gmp/b-right-realestate-ipo/307) | SME | 2022-07-13 | 153 | 155 | 1.31 | — | — | 44.36 | 933 | 509.8 |
| [Jayant Infratech SME](https://tapetide.com/ipo/gmp/jayant-infratech-ipo/306) | SME | 2022-07-13 | 67 | 76 | 13.43 | — | — | 6.19 | 112.5 | 403.73 |
| [SKP Bearing SME](https://tapetide.com/ipo/gmp/skp-bearing-industries-ipo/305) | SME | 2022-07-13 | 70 | 73 | 4.29 | — | — | 30.8 | 167.1 | 138.71 |
| [Kesar India SME](https://tapetide.com/ipo/gmp/kesar-india-ipo/308) | SME | 2022-07-12 | 170 | 172.5 | 1.47 | — | — | 15.82 | 1205 | 4861.76 |
| [Mangalam Worldwide SME](https://tapetide.com/ipo/gmp/mangalam-worldwide-ipo/302) | SME | 2022-07-11 | 101 | 102 | 0.99 | — | — | 65.58 | — | — |
| [KCK Industries](https://tapetide.com/ipo/gmp/kck-industries-ipo/299) | SME | 2022-07-08 | 30 | 25 | -16.67 | — | — | 4.5 | 10.7 | 791.67 |
| [Sailani Tours N Travels SME](https://tapetide.com/ipo/gmp/sailani-tours-n-travels-ipo/303) | SME | 2022-07-08 | 15 | 15.5 | 3.33 | — | — | 1.9 | 8.77 | -41.53 |
| [Pearl Green Clubs and Resorts SME](https://tapetide.com/ipo/gmp/pearl-green-clubs-and-resorts-ipo/300) | SME | 2022-07-07 | 186 | 189.05 | 1.64 | — | — | 11.72 | 105 | -43.55 |
| [Modis Navnirman SME](https://tapetide.com/ipo/gmp/modis-navnirman-ipo/301) | SME | 2022-07-06 | 180 | 189 | 5 | — | — | 22.68 | 390.45 | 767.67 |
| [Goel Food Products SME](https://tapetide.com/ipo/gmp/goel-food-products-ipo/295) | SME | 2022-06-28 | 72 | 75 | 4.17 | — | — | 7.21 | 12 | -16.67 |
| [Scarnose International SME](https://tapetide.com/ipo/gmp/scarnose-international-ipo/294) | SME | 2022-06-27 | 55 | 55.5 | 0.91 | — | — | 6.6 | 37.4 | -32 |
| [Silver Pearl Hospitality SME](https://tapetide.com/ipo/gmp/silver-pearl-hospitality-ipo/293) | SME | 2022-06-17 | 18 | 16 | -11.11 | — | — | 9 | — | — |
| [Fidel Softech SME](https://tapetide.com/ipo/gmp/fidel-softech-ipo/292) | SME | 2022-06-10 | 37 | 59.1 | 59.73 | — | — | 13.5 | 180.15 | 386.89 |
| [Rachana Infrastructure SME](https://tapetide.com/ipo/gmp/rachana-infrastructure-ipo/289) | SME | 2022-06-10 | 135 | 138 | 2.22 | — | — | 76.28 | 33.1 | -75.48 |
| [Aether Industries](https://tapetide.com/ipo/gmp/aether-industries-ipo/291) | Mainboard | 2022-06-03 | 642 | 706.15 | 9.99 | — | — | 808.04 | 1540.7 | 139.98 |
| [Globesecure Technologies SME](https://tapetide.com/ipo/gmp/globesecure-technologies-ipo/290) | SME | 2022-06-02 | 29 | 36.5 | 25.86 | — | — | 10.13 | 9.5 | -67.24 |
| [eMudhra](https://tapetide.com/ipo/gmp/emudhra-ipo/286) | Mainboard | 2022-06-01 | 256 | 271 | 5.86 | — | — | 412.79 | 358.85 | 40.18 |
| [Ethos Limited](https://tapetide.com/ipo/gmp/ethos-limited-ipo/278) | Mainboard | 2022-05-30 | 878 | 830 | -5.47 | — | — | 402.26 | 2738 | 211.85 |
| [Paradeep Phosphates](https://tapetide.com/ipo/gmp/paradeep-phosphates-ipo/284) | Mainboard | 2022-05-27 | 42 | 43.55 | 3.69 | — | — | 1501.73 | 137.21 | 226.69 |
| [Delhivery](https://tapetide.com/ipo/gmp/delhivery-ipo/228) | Mainboard | 2022-05-24 | 487 | 493 | 1.23 | — | — | 5235 | 418 | -14.17 |
| [Venus Pipes and Tubes](https://tapetide.com/ipo/gmp/venus-pipes-tubes-ipo/279) | Mainboard | 2022-05-24 | 326 | 335 | 2.76 | — | — | 165.42 | 1843 | 465.34 |
| [Prudent Corporate Advisory Services](https://tapetide.com/ipo/gmp/prudent-corporate-advisory-services-ipo/283) | Mainboard | 2022-05-20 | 630 | 660 | 4.76 | — | — | 428.28 | 2894.4 | 359.43 |
| [LIC](https://tapetide.com/ipo/gmp/lic-ipo/24) | Mainboard | 2022-05-17 | 949 | 867.2 | -8.62 | — | — | 20557.23 | 408 | -14.01 |
| [Sonu Infratech SME](https://tapetide.com/ipo/gmp/sonu-infratech-ipo/282) | SME | 2022-05-13 | 36 | 36 | 0 | — | — | 8.64 | 37.05 | 2.92 |
| [Rainbow Childrens Medicare](https://tapetide.com/ipo/gmp/rainbow-children-medicare-ipo/281) | Mainboard | 2022-05-10 | 542 | 506 | -6.64 | — | — | 1580.85 | 1279.6 | 136.09 |
| [Campus Activewear](https://tapetide.com/ipo/gmp/campus-activewear-ipo/280) | Mainboard | 2022-05-09 | 292 | 355 | 21.58 | — | — | 1399.77 | 199.78 | -31.58 |
| [Le Merite Exports SME](https://tapetide.com/ipo/gmp/le-merite-exports-ipo/274) | SME | 2022-05-09 | 75 | 75 | 0 | — | — | 48 | — | — |
| [Fone4 Communications SME](https://tapetide.com/ipo/gmp/fone4-communications-ipo/276) | SME | 2022-05-06 | 10 | 10 | 0 | — | — | 6.8 | — | — |
| [Nanavati Ventures SME](https://tapetide.com/ipo/gmp/nanavati-ventures-ipo/275) | SME | 2022-05-06 | 50 | 50 | 0 | — | — | 2.19 | 78.9 | 57.8 |
| [Global Longlife Hospital SME](https://tapetide.com/ipo/gmp/global-longlife-hospital-ipo/272) | SME | 2022-05-04 | 140 | 141.1 | 0.79 | — | — | 49 | 13.95 | -90.04 |
| [Shashwat Furnishing Solutions SME](https://tapetide.com/ipo/gmp/shashwat-furnishing-solutions-ipo/273) | SME | 2022-05-04 | 45 | 45 | 0 | — | — | 2.51 | 43.26 | -3.87 |
| [Jeena Sikho Lifecare](https://tapetide.com/ipo/gmp/jeena-sikho-ipo/259) | SME | 2022-04-19 | 150 | 165.1 | 10.07 | — | — | 55.5 | 336.65 | 1919.9 |
| [Eighty Jewellers SME](https://tapetide.com/ipo/gmp/eighty-jewellers-ipo/264) | SME | 2022-04-13 | 41 | 42 | 2.44 | — | — | 11.07 | 44 | 7.32 |
| [Hariom Pipe](https://tapetide.com/ipo/gmp/hariom-pipe-industries-ipo/265) | Mainboard | 2022-04-13 | 153 | 214 | 39.87 | — | — | 130.05 | 338.1 | 120.98 |
| [Dhyaani Tile SME](https://tapetide.com/ipo/gmp/dhyaani-tile-ipo/262) | SME | 2022-04-12 | 51 | 52.25 | 2.45 | — | — | 2.45 | 12.23 | -32.85 |
| [Sunrise Efficient SME](https://tapetide.com/ipo/gmp/sunrise-efficient-marketing-ipo/263) | SME | 2022-04-12 | 121 | 121.25 | 0.21 | — | — | 16.7 | 24.45 | -39.38 |
| [Veranda Learning](https://tapetide.com/ipo/gmp/veranda-learning-ipo/258) | Mainboard | 2022-04-11 | 137 | 157 | 14.6 | — | — | 200 | 33.31 | -75.69 |
| [Ruchi Soya](https://tapetide.com/ipo/gmp/ruchi-soya-fpo/104) | Mainboard | 2022-04-08 | 650 | 850 | 30.77 | — | — | 4300 | 383.9 | 77.18 |
| [Uma Exports](https://tapetide.com/ipo/gmp/uma-exports-ipo/257) | Mainboard | 2022-04-07 | 68 | 80 | 17.65 | — | — | 60 | 19.34 | -71.56 |
| [Krishna Defence SME](https://tapetide.com/ipo/gmp/krishna-defence-ipo/255) | SME | 2022-04-06 | 39 | 75 | 92.31 | — | — | 11.89 | 1259.5 | 3129.49 |
| [P E Analytics SME](https://tapetide.com/ipo/gmp/p-e-analytics-ipo/254) | SME | 2022-04-04 | 114 | 170 | 49.12 | — | — | 31.6 | 185 | 62.28 |
| [Empyrean Cashews SME](https://tapetide.com/ipo/gmp/empyrean-cashews-ipo/256) | SME | 2022-03-31 | 37 | 44.1 | 19.19 | — | — | 19.41 | 356.35 | 863.11 |
| [Achyut Healthcare SME](https://tapetide.com/ipo/gmp/achyut-healthcare-ipo/252) | SME | 2022-03-30 | 20 | 21.15 | 5.75 | — | — | 3.6 | 7.05 | 640.25 |
| [Evoq Remedies SME](https://tapetide.com/ipo/gmp/evoq-remedies-ipo/248) | SME | 2022-03-30 | 27 | 23.75 | -12.04 | — | — | 9.72 | 1.54 | -94.3 |
| [KN Agri Resources SME](https://tapetide.com/ipo/gmp/kn-agri-ipo/246) | SME | 2022-03-28 | 75 | 146 | 94.67 | — | — | 49.38 | 187.94 | 150.59 |
| [Swaraj Suiting SME](https://tapetide.com/ipo/gmp/swaraj-suiting-ipo/247) | SME | 2022-03-28 | 56 | 53.2 | -5 | — | — | 10.68 | 370.05 | 1221.61 |
| [Bhatia Colour Chem SME](https://tapetide.com/ipo/gmp/bhatia-colour-chem-ipo/249) | SME | 2022-03-24 | 80 | 40 | -50 | — | — | 40 | 22.25 | -72.19 |
| [Cool Caps SME](https://tapetide.com/ipo/gmp/cool-caps-ipo/245) | SME | 2022-03-24 | 38 | 35.9 | -5.53 | — | — | 11.63 | 20.25 | 432.89 |
| [SP Refractories SME](https://tapetide.com/ipo/gmp/sp-refractories-ipo/244) | SME | 2022-03-22 | 90 | 90.2 | 0.22 | — | — | 4.92 | 133.25 | 48.06 |
| [Shigan Quantum Technologies SME](https://tapetide.com/ipo/gmp/shigan-quantum-technologies-ipo/242) | SME | 2022-03-11 | 50 | 61 | 22 | — | — | 22.7 | 64 | 28 |
| [Ekennis Software SME](https://tapetide.com/ipo/gmp/ekennis-software-ipo/241) | SME | 2022-03-07 | 72 | 80 | 11.11 | — | — | 2.88 | 38.58 | -46.42 |
| [Vaidya Sane Ayurved SME](https://tapetide.com/ipo/gmp/madhavbaug-ipo/236) | SME | 2022-02-23 | 73 | 102 | 39.73 | — | — | 20.23 | 155.35 | 112.81 |
| [Richa Info Systems SME](https://tapetide.com/ipo/gmp/richa-info-systems-ipo/238) | SME | 2022-02-21 | 125 | 125 | 0 | — | — | 10 | 85 | -32 |
| [Maruti Interior SME](https://tapetide.com/ipo/gmp/maruti-interior-ipo/230) | SME | 2022-02-16 | 55 | 55 | 0 | — | — | 11 | 34 | 23.64 |
| [Vedant Fashions](https://tapetide.com/ipo/gmp/vedant-fashions-ipo/232) | Mainboard | 2022-02-16 | 866 | 936 | 8.08 | — | — | 3149.19 | 496.8 | -42.63 |
| [Quality RO SME](https://tapetide.com/ipo/gmp/quality-ro-ipo/231) | SME | 2022-02-09 | 51 | 52.25 | 2.45 | — | — | 2.7 | 29.5 | -42.16 |
| [Safa Systems SME](https://tapetide.com/ipo/gmp/safa-systems-ipo/229) | SME | 2022-02-09 | 10 | 16.55 | 65.5 | — | — | 4 | 18 | 80 |
| [Adani Wilmar](https://tapetide.com/ipo/gmp/adani-wilmar-ipo/169) | Mainboard | 2022-02-08 | 230 | 221 | -3.91 | — | — | 3600 | 163.85 | -28.76 |
| [Alkosign SME](https://tapetide.com/ipo/gmp/alkosign-ipo/226) | SME | 2022-02-01 | 45 | 45.25 | 0.56 | — | — | 12.15 | 63 | 110 |
| [Precision Metaliks SME](https://tapetide.com/ipo/gmp/precision-metaliks-ipo/225) | SME | 2022-02-01 | 51 | 75 | 47.06 | — | — | 21.93 | 6.75 | -86.76 |
| [AGS Transact Technologies](https://tapetide.com/ipo/gmp/ags-transact-ipo/223) | Mainboard | 2022-01-31 | 175 | 176 | 0.57 | — | — | 680 | 2.26 | -98.73 |
| [DJ Mediaprint Logistics SME](https://tapetide.com/ipo/gmp/dj-mediaprint-fpo/224) | SME | 2022-01-31 | 125 | 241.7 | 93.36 | — | — | 15 | 69.38 | 233.02 |
| [Fabino Life Sciences SME](https://tapetide.com/ipo/gmp/fabino-life-sciences-ipo/220) | SME | 2022-01-13 | 36 | 38.45 | 6.81 | — | — | 3.24 | — | — |
| [Ascensive Educare SME](https://tapetide.com/ipo/gmp/ascensive-educare-ipo/218) | SME | 2022-01-12 | 26 | 27.6 | 6.15 | — | — | 2.26 | 15.8 | 507.69 |
| [Timescan Logistics SME](https://tapetide.com/ipo/gmp/timescan-logistics-ipo/217) | SME | 2022-01-12 | 51 | 82 | 60.78 | — | — | 4.81 | 40.7 | 59.61 |
| [AB Cotspin SME](https://tapetide.com/ipo/gmp/ab-cotspin-ipo/216) | SME | 2022-01-11 | 35 | 38.5 | 10 | — | — | 10.09 | 163.27 | 366.49 |

---

Compiled by Tapetide from exchange and regulator disclosures (NSE, BSE, SEBI) unless a section states otherwise — any figure marked unofficial or indicative is not an official disclosure. For research and information only, not investment advice. Generated 2026-11-05T01:53:06.003Z.