IPO Listing Gains in 2026
Year in progress: mainboard and SME, updated as new IPOs list.
- IPOs listed
- 116
- ₹1.73 L Cr raised
- Median listing gain
- +6.67%
- average +13.90%
- Listed above issue
- 69.3%
- 79 above · 12 at · 23 below
- Trading below issue now
- 37
- 32.7% of 113 priced
- Median return since issue
- +14.02%
- 10 doubled · 6 halved
116 Mainboard IPOs listed on NSE and BSE in 2026 as of 5 Nov 2026. Across them, the average listing-day gain was +13.90% (median +6.67%), and 79 of the 114 IPOs with a listing price (69.3%) listed above their issue price.
37 of the 113 Mainboard IPOs with a current price (32.7%) traded below their issue price at the close of 4 Nov 2026, 18 of them after listing above it. The median return since issue is +14.02%; 10 have doubled or more and 6 have lost half or more.
By the same date in 2025 (5 Nov 2025), 86 Mainboard IPOs had listed, with an average listing-day gain of +8.76% (median +4.04%) and 69.8% above issue price.
Trading above issue: Mainboard IPOs listed in 2026
Showing 76 of 116 · latest listing 5 Nov 2026
| IPO | Listed | Issue price | Listing price | Listing gain | Current price | Since issue |
|---|---|---|---|---|---|---|
| M K Sons Fine Jewels | 4 Nov 2026 | ₹162.00 | ₹171.00 | +5.56% | ₹162.20 | +0.12% |
| BLS Polymers | 3 Nov 2026 | ₹150.00 | ₹248.00 | +65.33% | ₹255.94 | +70.63% |
| SFC Environmental Technologies | 3 Nov 2026 | ₹330.00 | ₹355.10 | +7.61% | ₹406.75 | +23.26% |
| EAAA India Alternatives | 2 Nov 2026 | ₹1,665.00 | ₹1,675.50 | +0.63% | ₹1,689.90 | +1.50% |
| Jio Platforms | 28 Oct 2026 | ₹1,119.00 | ₹1,358.00 | +21.36% | ₹1,421.70 | +27.05% |
| Paras Healthcare | 28 Oct 2026 | ₹693.00 | ₹720.00 | +3.90% | ₹749.80 | +8.20% |
| Bonfiglioli Transmissions | 23 Oct 2026 | ₹586.00 | ₹586.00 | 0.00% | ₹660.65 | +12.74% |
| Sahajanand Medical Technologies | 23 Oct 2026 | ₹344.00 | ₹371.15 | +7.89% | ₹485.90 | +41.25% |
| Tonbo Imaging | 23 Oct 2026 | ₹700.00 | ₹1,160.00 | +65.71% | ₹1,275.30 | +82.19% |
| Orient Cables | 5 Oct 2026 | ₹272.00 | ₹450.00 | +65.44% | ₹351.15 | +29.10% |
| Moneyview | 1 Oct 2026 | ₹34.00 | ₹55.00 | +61.76% | ₹55.08 | +62.00% |
| Adroit Industries | 30 Sep 2026 | ₹134.00 | ₹235.00 | +75.37% | ₹176.32 | +31.58% |
| Swastika Infra | 30 Sep 2026 | ₹185.00 | ₹200.00 | +8.11% | ₹198.65 | +7.38% |
| Vivekanand Cotspin | 28 Sep 2026 | ₹37.00 | ₹38.00 | +2.70% | ₹76.27 | +106.14% |
| National Stock Exchange of India | 24 Sep 2026 | ₹1,785.00 | ₹1,800.00 | +0.84% | ₹1,809.40 | +1.37% |
| Sonaselection | 24 Sep 2026 | ₹99.00 | ₹102.31 | +3.34% | ₹104.38 | +5.43% |
| Hero Motors | 23 Sep 2026 | ₹84.00 | ₹82.00 | −2.38% | ₹119.55 | +42.32% |
| Jindal Supreme | 23 Sep 2026 | ₹93.00 | ₹120.00 | +29.03% | ₹165.37 | +77.82% |
| SS Retail | 23 Sep 2026 | ₹424.00 | ₹624.00 | +47.17% | ₹646.35 | +52.44% |
| Manika Plastech | 21 Sep 2026 | ₹43.00 | ₹43.00 | 0.00% | ₹49.03 | +14.02% |
| Karamtara Engineering | 17 Sep 2026 | ₹254.00 | ₹320.00 | +25.98% | ₹383.00 | +50.79% |
| Rentomojo | 17 Sep 2026 | ₹404.00 | ₹482.45 | +19.42% | ₹589.50 | +45.92% |
| Steamhouse | 17 Sep 2026 | ₹81.00 | ₹94.50 | +16.67% | ₹133.89 | +65.30% |
| Glass Wall Systems | 16 Sep 2026 | ₹182.00 | ₹194.00 | +6.59% | ₹244.63 | +34.41% |
| Kanohar Electricals | 16 Sep 2026 | ₹632.00 | ₹685.50 | +8.47% | ₹1,070.60 | +69.40% |
| Prasol Chemicals | 16 Sep 2026 | ₹676.00 | ₹610.00 | −9.76% | ₹772.45 | +14.27% |
| Deepa Jewellers | 8 Sep 2026 | ₹177.00 | ₹221.00 | +24.86% | ₹214.11 | +20.97% |
| Rays of Belief | 8 Sep 2026 | ₹239.00 | ₹239.00 | 0.00% | ₹251.36 | +5.17% |
| ESDS Software Solution | 4 Sep 2026 | ₹429.00 | ₹757.00 | +76.46% | ₹1,193.60 | +178.23% |
| Priority Jewels | 4 Sep 2026 | ₹200.00 | ₹230.00 | +15.00% | ₹274.60 | +37.30% |
| Lumino Industries | 3 Sep 2026 | ₹82.00 | ₹110.00 | +34.15% | ₹99.84 | +21.76% |
| Hy-Tech Engineers | 1 Sep 2026 | ₹53.00 | ₹75.00 | +41.51% | ₹80.80 | +52.45% |
| Symbiotec Pharmalab | 1 Sep 2026 | ₹988.00 | ₹988.00 | 0.00% | ₹1,233.20 | +24.82% |
| Augmont Enterprises | 31 Aug 2026 | ₹788.00 | ₹961.00 | +21.95% | ₹1,021.05 | +29.57% |
| Tempsens Instruments | 28 Aug 2026 | ₹300.00 | ₹634.00 | +111.33% | ₹542.85 | +80.95% |
| Shankesh Jewellers | 25 Aug 2026 | ₹93.00 | ₹103.30 | +11.08% | ₹93.58 | +0.62% |
| Sunshine Pictures | 25 Aug 2026 | ₹360.00 | ₹395.90 | +9.97% | ₹392.40 | +9.00% |
| Lalithaa Jewellery Mart | 24 Aug 2026 | ₹201.00 | ₹265.00 | +31.84% | ₹366.05 | +82.11% |
| Behari Lal Engineering | 19 Aug 2026 | ₹285.00 | ₹465.00 | +63.16% | ₹453.95 | +59.28% |
| Shiprocket | 19 Aug 2026 | ₹97.00 | ₹131.00 | +35.05% | ₹131.89 | +35.97% |
| Milky Mist Dairy Food | 18 Aug 2026 | ₹140.00 | ₹165.00 | +17.86% | ₹302.55 | +116.11% |
| Dhoot Transmission | 17 Aug 2026 | ₹871.00 | ₹1,200.00 | +37.77% | ₹1,637.20 | +87.97% |
| Molbio Diagnostics | 17 Aug 2026 | ₹807.00 | ₹980.00 | +21.44% | ₹1,381.80 | +71.23% |
| Technocraft Ventures | 14 Aug 2026 | ₹212.00 | ₹284.00 | +33.96% | ₹540.20 | +154.81% |
| Juniper Green Energy | 6 Aug 2026 | ₹225.00 | ₹245.00 | +8.89% | ₹255.42 | +13.52% |
| MV Electrosystems | 6 Aug 2026 | ₹425.00 | ₹520.00 | +22.35% | ₹775.70 | +82.52% |
| Manipal Health Enterprises | 5 Aug 2026 | ₹590.00 | ₹652.00 | +10.51% | ₹667.20 | +13.08% |
| Indo-MIM | 30 Jul 2026 | ₹485.00 | ₹700.00 | +44.33% | ₹1,240.10 | +155.69% |
| Lohia Corp | 30 Jul 2026 | ₹425.00 | ₹461.00 | +8.47% | ₹540.20 | +27.11% |
| Xtranet Technologies | 30 Jul 2026 | ₹127.00 | ₹136.00 | +7.09% | ₹280.65 | +120.98% |
| Caliber Mining & Logistics | 24 Jul 2026 | ₹424.00 | ₹552.00 | +30.19% | ₹526.45 | +24.16% |
| Laser Power & Infra | 16 Jul 2026 | ₹214.00 | ₹269.00 | +25.70% | ₹222.08 | +3.78% |
| Kusumgar | 15 Jul 2026 | ₹419.00 | ₹574.00 | +36.99% | ₹584.95 | +39.61% |
| Knack Packaging | 8 Jul 2026 | ₹170.00 | ₹186.00 | +9.41% | ₹187.59 | +10.35% |
| Advit Jewels | 1 Jul 2026 | ₹138.00 | ₹187.00 | +35.51% | ₹298.70 | +116.45% |
| Hexagon Nutrition | 12 Jun 2026 | ₹45.00 | ₹48.00 | +6.67% | ₹59.67 | +32.60% |
| CMR Green Technologies | 10 Jun 2026 | ₹192.00 | ₹275.40 | +43.44% | ₹213.08 | +10.98% |
| Bagmane Prime Office REIT | 14 May 2026 | ₹100.00 | ₹103.40 | +3.40% | ₹105.93 | +5.93% |
| Onemi Technology Solutions | 8 May 2026 | ₹171.00 | ₹191.00 | +11.70% | ₹315.05 | +84.24% |
| Citius Transnet Investment Trust | 29 Apr 2026 | ₹100.00 | ₹104.50 | +4.50% | ₹114.26 | +16.97% |
| Amir Chand Jagdish Kumar (Exports) | 2 Apr 2026 | ₹212.00 | ₹195.00 | −8.02% | ₹222.57 | +4.99% |
| Powerica | 2 Apr 2026 | ₹395.00 | ₹375.00 | −5.06% | ₹499.75 | +26.52% |
| Sai Parenteral's | 2 Apr 2026 | ₹392.00 | ₹405.00 | +3.32% | ₹478.50 | +22.07% |
| Central Mine Planning & Design Institute | 30 Mar 2026 | ₹172.00 | ₹162.80 | −5.35% | ₹183.95 | +6.95% |
| GSP Crop Science | 24 Mar 2026 | ₹320.00 | ₹332.30 | +3.84% | ₹438.40 | +37.00% |
| RaajMarg Infra Investment Trust | 24 Mar 2026 | ₹100.00 | ₹108.00 | +8.00% | ₹119.99 | +19.83% |
| Rajputana Stainless | 19 Mar 2026 | ₹122.00 | ₹123.95 | +1.60% | ₹169.27 | +38.75% |
| Sedemac Mechatronics | 11 Mar 2026 | ₹1,352.00 | ₹1,510.00 | +11.69% | ₹3,101.60 | +129.41% |
| Omnitech Engineering | 5 Mar 2026 | ₹227.00 | ₹205.00 | −9.69% | ₹669.40 | +194.89% |
| PNGS Reva Diamond Jewellery Limited | 4 Mar 2026 | ₹386.00 | ₹372.00 | −3.63% | ₹634.50 | +64.38% |
| Clean Max Enviro Energy Solutions | 2 Mar 2026 | ₹1,053.00 | ₹952.20 | −9.57% | ₹1,249.10 | +18.62% |
| Gaudium IVF and Women Health | 27 Feb 2026 | ₹79.00 | ₹83.00 | +5.06% | ₹107.22 | +35.72% |
| Aye Finance | 16 Feb 2026 | ₹129.00 | ₹129.00 | 0.00% | ₹134.77 | +4.47% |
| Shadowfax Technologies | 28 Jan 2026 | ₹124.00 | ₹113.00 | −8.87% | ₹279.50 | +125.40% |
| Amagi Media Labs | 21 Jan 2026 | ₹361.00 | ₹317.00 | −12.19% | ₹574.60 | +59.17% |
| Bharat Coking Coal | 19 Jan 2026 | ₹23.00 | ₹45.21 | +96.57% | ₹31.15 | +35.43% |
Listing price is the opening price on listing day. Current price is the latest close (4 Nov 2026); since issue is adjusted for any later split or bonus. Click a column to sort.
How 2026 Mainboard IPOs listed
Listing-day gain of the 114 issues with a listing price, in fixed bands.
- −20% or worse 2 1.8%
- −20% to −10% 6 5.3%
- −10% to 0% 15 13.2%
- At issue price 12 10.5%
- 0% to 10% 33 28.9%
- 10% to 25% 19 16.7%
- 25% to 50% 18 15.8%
- 50% to 90% 7 6.1%
- 90% or more 2 1.8%
Listing gains by subscription
Overall times subscribed at the close of bidding. A historical pattern, not a predictor of how any one issue will list.
| Subscribed | IPOs | Median listing gain | Listed above issue | Now below issue |
|---|---|---|---|---|
| Under 2x | 22 | 0.00% | 45.5% | 12 of 21 |
| 2x to 10x | 26 | +3.90% | 68.0% | 9 of 25 |
| 10x to 50x | 17 | +10.00% | 82.4% | 8 of 17 |
| 50x to 100x | 15 | +20.43% | 85.7% | 1 of 14 |
| 100x and over | 23 | +35.51% | 95.7% | 4 of 23 |
| Not recorded | 13 | −3.63% | 30.8% | 3 of 13 |
Listing gains and "listed above issue" cover issues with a listing price; "now below issue" and the return since issue cover issues with a current price.
Listing gains by issue size
Total offer as disclosed.
| Issue size | IPOs | Median listing gain | Listed above issue | Now below issue |
|---|---|---|---|---|
| Under ₹50 Cr | 2 | +7.96% | 100.0% | 1 of 2 |
| ₹50 Cr to ₹250 Cr | 25 | +4.28% | 62.5% | 12 of 24 |
| ₹250 Cr to ₹1,000 Cr | 54 | +10.53% | 72.2% | 18 of 53 |
| ₹1,000 Cr to ₹5,000 Cr | 29 | +3.90% | 62.1% | 5 of 29 |
| ₹5,000 Cr and over | 6 | +8.00% | 100.0% | 1 of 5 |
Listing gains and "listed above issue" cover issues with a listing price; "now below issue" and the return since issue cover issues with a current price.
Mainboard vs SME IPO listing gains
Mainboard: 116 listings, average +13.90%, median +6.67%, 69.3% above issue price. SME: 187 listings, average +11.82%, median +0.80%, 54.0% above issue price.
| Segment | Listed | Average gain | Median gain | Above / at / below issue | Above issue |
|---|---|---|---|---|---|
| Mainboard | 116 | +13.90% | +6.67% | 79 / 12 / 23 | 69.3% |
| SME | 187 | +11.82% | +0.80% | 101 / 30 / 56 | 54.0% |
| Mainboard | 116 | +13.90% | +6.67% | 79 / 12 / 23 | 69.3% |
Listing gains by month
By listing date. Averages cover issues with a recorded listing price.
| Month | Listed | Average gain | Median gain | Above issue |
|---|---|---|---|---|
| Jan 2026 | 3 | +25.17% | −8.87% | 1 of 3 |
| Feb 2026 | 3 | +1.69% | 0.00% | 1 of 3 |
| Mar 2026 | 10 | −4.60% | −4.49% | 4 of 10 |
| Apr 2026 | 6 | −1.09% | −0.72% | 3 of 6 |
| May 2026 | 2 | +7.55% | +7.55% | 2 of 2 |
| Jun 2026 | 3 | +13.24% | +6.67% | 2 of 3 |
| Jul 2026 | 14 | +13.21% | +7.78% | 9 of 14 |
| Aug 2026 | 18 | +27.41% | +21.70% | 18 of 18 |
| Sep 2026 | 33 | +13.69% | +6.59% | 21 of 33 |
| Oct 2026 | 19 | +16.23% | +7.28% | 14 of 18 |
| Nov 2026 | 5 | +19.78% | +6.59% | 4 of 4 |
Highest listing-day gains
| IPO | Listed | Issue price | Listing price | Listing gain |
|---|---|---|---|---|
| Tempsens Instruments Mainboard | 28 Aug 2026 | ₹300.00 | ₹634.00 | +111.33% |
| Bharat Coking Coal Mainboard | 19 Jan 2026 | ₹23.00 | ₹45.21 | +96.57% |
| ESDS Software Solution Mainboard | 4 Sep 2026 | ₹429.00 | ₹757.00 | +76.46% |
| Adroit Industries Mainboard | 30 Sep 2026 | ₹134.00 | ₹235.00 | +75.37% |
| Tonbo Imaging Mainboard | 23 Oct 2026 | ₹700.00 | ₹1,160.00 | +65.71% |
Lowest listing-day gains
| IPO | Listed | Issue price | Listing price | Listing gain |
|---|---|---|---|---|
| Shree Ram Twistex Mainboard | 2 Mar 2026 | ₹104.00 | ₹70.00 | −32.69% |
| Annu Projects Mainboard | 2 Sep 2026 | ₹99.00 | ₹72.00 | −27.27% |
| Waterways Leisure Tourism Mainboard | 1 Jul 2026 | ₹808.00 | ₹690.00 | −14.60% |
| Amagi Media Labs Mainboard | 21 Jan 2026 | ₹361.00 | ₹317.00 | −12.19% |
| AceVector Mainboard | 5 Oct 2026 | ₹32.00 | ₹28.32 | −11.50% |
Highest return since issue
| IPO | Listed | Issue price | Current price | Since issue |
|---|---|---|---|---|
| Omnitech Engineering Mainboard | 5 Mar 2026 | ₹227.00 | ₹669.40 | +194.89% |
| ESDS Software Solution Mainboard | 4 Sep 2026 | ₹429.00 | ₹1,193.60 | +178.23% |
| Indo-MIM Mainboard | 30 Jul 2026 | ₹485.00 | ₹1,240.10 | +155.69% |
| Technocraft Ventures Mainboard | 14 Aug 2026 | ₹212.00 | ₹540.20 | +154.81% |
| Sedemac Mechatronics Mainboard | 11 Mar 2026 | ₹1,352.00 | ₹3,101.60 | +129.41% |
Lowest return since issue
| IPO | Listed | Issue price | Current price | Since issue |
|---|---|---|---|---|
| Aastha Spintex Mainboard | 6 Jul 2026 | ₹136.00 | ₹23.94 | −82.40% |
| Shree Ram Twistex Mainboard | 2 Mar 2026 | ₹104.00 | ₹35.52 | −65.85% |
| Turtlemint Fintech Solutions Mainboard | 29 Jun 2026 | ₹152.00 | ₹56.87 | −62.59% |
| Alpine Texworld Mainboard | 21 Jul 2026 | ₹105.00 | ₹41.10 | −60.86% |
| Annu Projects Mainboard | 2 Sep 2026 | ₹99.00 | ₹39.52 | −60.08% |
Mainboard IPO listing gains, year by year
Listing-day figures for every year covered. The current year runs to date.
Methodology
- Covers every IPO whose shares were listed on NSE or BSE between 1 Jan 2026 and 5 Nov 2026, 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.
Frequently asked questions
How did IPOs perform on listing day in 2026?
How many 2026 IPOs are trading below their issue price?
How is the listing-day gain calculated?
What does the IPO listing-gains report cover?
Is this investment advice?
By Sanjay Mehta, Research lead How we research these reports