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IPO Listing Gains in 2026

Year in progress: mainboard and SME, updated as new IPOs list.

Last updated

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MCP
IPOs listed
303
116 mainboard · 187 SME
Median listing gain
+2.96%
average +12.61%
Listed above issue
59.8%
180 above · 42 at · 79 below
Trading below issue now
135
45.0% of 300 priced
Median return since issue
+4.73%
36 doubled · 41 halved

303 IPOs listed on NSE and BSE in 2026 as of 5 Nov 2026: 116 mainboard and 187 SME. Across them, the average listing-day gain was +12.61% (median +2.96%), and 180 of the 301 IPOs with a listing price (59.8%) listed above their issue price.

135 of the 300 IPOs with a current price (45.0%) traded below their issue price at the close of 4 Nov 2026, 47 of them after listing above it. The median return since issue is +4.73%; 36 have doubled or more and 41 have lost half or more.

By the same date in 2025 (5 Nov 2025), 306 IPOs had listed, with an average listing-day gain of +10.66% (median +3.50%) and 63.4% above issue price.

Trading above issue: IPOs listed in 2026

Showing 164 of 303 · latest listing 5 Nov 2026

IPO Listed Issue price Listing price Listing gain Current price Since issue
Carver Roboweld SME4 Nov 2026₹80.00₹90.00 +12.50%₹94.50+18.12%
M K Sons Fine Jewels Mainboard4 Nov 2026₹162.00₹171.00 +5.56%₹162.20+0.12%
BLS Polymers Mainboard3 Nov 2026₹150.00₹248.00 +65.33%₹255.94+70.63%
SFC Environmental Technologies Mainboard3 Nov 2026₹330.00₹355.10 +7.61%₹406.75+23.26%
EAAA India Alternatives Mainboard2 Nov 2026₹1,665.00₹1,675.50 +0.63%₹1,689.90+1.50%
Jio Platforms Mainboard28 Oct 2026₹1,119.00₹1,358.00 +21.36%₹1,421.70+27.05%
Paras Healthcare Mainboard28 Oct 2026₹693.00₹720.00 +3.90%₹749.80+8.20%
Bonfiglioli Transmissions Mainboard23 Oct 2026₹586.00₹586.00 0.00%₹660.65+12.74%
Sahajanand Medical Technologies Mainboard23 Oct 2026₹344.00₹371.15 +7.89%₹485.90+41.25%
Tonbo Imaging Mainboard23 Oct 2026₹700.00₹1,160.00 +65.71%₹1,275.30+82.19%
Vaibhav Vyapaar Limited SME21 Oct 2026₹54.00₹52.90 −2.04%₹62.85+16.39%
Omara Ventures SME8 Oct 2026₹311.00₹319.00 +2.57%₹330.00+6.11%
SJP Ultrasonic SME8 Oct 2026₹67.00₹74.20 +10.75%₹103.95+55.15%
Sollfege Smart Electronics SME8 Oct 2026₹55.00₹104.40 +89.82%₹56.37+2.49%
Vans Electroengineerings SME7 Oct 2026₹118.00₹224.20SME cap +90.00%₹433.55+267.42%
Acme Universal Safezone 9 SME6 Oct 2026₹71.00₹101.00 +42.25%₹104.00+46.48%
Bench Mark Infotech Services SME5 Oct 2026₹110.00₹110.00 0.00%₹198.45+80.41%
Orient Cables Mainboard5 Oct 2026₹272.00₹450.00 +65.44%₹351.15+29.10%
Sai Urja Indo Ventures SME5 Oct 2026₹113.00₹133.80 +18.41%₹121.90+7.88%
Moneyview Mainboard1 Oct 2026₹34.00₹55.00 +61.76%₹55.08+62.00%
Roopa Screen SME1 Oct 2026₹64.00₹121.60SME cap +90.00%₹95.99+49.98%
Adroit Industries Mainboard30 Sep 2026₹134.00₹235.00 +75.37%₹176.32+31.58%
Coreintegra Consulting Services SME30 Sep 2026₹78.00₹78.10 +0.13%₹104.50+33.97%
Swastika Infra Mainboard30 Sep 2026₹185.00₹200.00 +8.11%₹198.65+7.38%
Unitec Fibres SME30 Sep 2026₹88.00₹90.00 +2.27%₹88.75+0.85%
Himalaya Nutravedics SME29 Sep 2026₹106.00₹118.00 +11.32%₹116.00+9.43%
FX Multitech SME28 Sep 2026₹116.00₹123.05 +6.08%₹118.90+2.50%
Robokidz Eduventures SME28 Sep 2026₹106.00₹201.40SME cap +90.00%₹146.45+38.16%
Vivekanand Cotspin Mainboard28 Sep 2026₹37.00₹38.00 +2.70%₹76.27+106.14%
Kheria Autocomp SME24 Sep 2026₹101.00₹104.90 +3.86%₹101.25+0.25%
National Stock Exchange of India Mainboard24 Sep 2026₹1,785.00₹1,800.00 +0.84%₹1,809.40+1.37%
Sonaselection Mainboard24 Sep 2026₹99.00₹102.31 +3.34%₹104.38+5.43%
Spectraa Technology Solutions SME24 Sep 2026₹118.00₹224.20SME cap +90.00%₹237.90+101.61%
Hero Motors Mainboard23 Sep 2026₹84.00₹82.00 −2.38%₹119.55+42.32%
Jindal Supreme Mainboard23 Sep 2026₹93.00₹120.00 +29.03%₹165.37+77.82%
SS Retail Mainboard23 Sep 2026₹424.00₹624.00 +47.17%₹646.35+52.44%
Manika Plastech Mainboard21 Sep 2026₹43.00₹43.00 0.00%₹49.03+14.02%
Maharaja and Speedex SME18 Sep 2026₹186.00₹250.00 +34.41%₹257.00+38.17%
Amtech Esters SME17 Sep 2026₹75.00₹100.00 +33.33%₹82.00+9.33%
Infrax Renewable SME17 Sep 2026₹104.00₹104.00 0.00%₹143.05+37.55%
Karamtara Engineering Mainboard17 Sep 2026₹254.00₹320.00 +25.98%₹383.00+50.79%
Rentomojo Mainboard17 Sep 2026₹404.00₹482.45 +19.42%₹589.50+45.92%
Steamhouse Mainboard17 Sep 2026₹81.00₹94.50 +16.67%₹133.89+65.30%
Glass Wall Systems Mainboard16 Sep 2026₹182.00₹194.00 +6.59%₹244.63+34.41%
Kanohar Electricals Mainboard16 Sep 2026₹632.00₹685.50 +8.47%₹1,070.60+69.40%
Prasol Chemicals Mainboard16 Sep 2026₹676.00₹610.00 −9.76%₹772.45+14.27%
Qualiance International SME11 Sep 2026₹127.00₹224.90 +77.09%₹139.30+9.69%
Deepa Jewellers Mainboard8 Sep 2026₹177.00₹221.00 +24.86%₹214.11+20.97%
Rays of Belief Mainboard8 Sep 2026₹239.00₹239.00 0.00%₹251.36+5.17%
Ashutosh Fibre SME7 Sep 2026₹92.00₹140.00 +52.17%₹130.30+41.63%
Shanti Inorganics SME7 Sep 2026₹83.00₹157.70SME cap +90.00%₹187.00+125.30%
Complete Sports & Management SME4 Sep 2026₹135.00₹139.00 +2.96%₹186.85+38.41%
ESDS Software Solution Mainboard4 Sep 2026₹429.00₹757.00 +76.46%₹1,193.60+178.23%
Priority Jewels Mainboard4 Sep 2026₹200.00₹230.00 +15.00%₹274.60+37.30%
Kwick Forensic Solutions SME3 Sep 2026₹90.00₹150.00 +66.67%₹178.25+98.06%
Lumino Industries Mainboard3 Sep 2026₹82.00₹110.00 +34.15%₹99.84+21.76%
Hy-Tech Engineers Mainboard1 Sep 2026₹53.00₹75.00 +41.51%₹80.80+52.45%
Symbiotec Pharmalab Mainboard1 Sep 2026₹988.00₹988.00 0.00%₹1,233.20+24.82%
Augmont Enterprises Mainboard31 Aug 2026₹788.00₹961.00 +21.95%₹1,021.05+29.57%
Tempsens Instruments Mainboard28 Aug 2026₹300.00₹634.00 +111.33%₹542.85+80.95%
Shankesh Jewellers Mainboard25 Aug 2026₹93.00₹103.30 +11.08%₹93.58+0.62%
Sunshine Pictures Mainboard25 Aug 2026₹360.00₹395.90 +9.97%₹392.40+9.00%
Lalithaa Jewellery Mart Mainboard24 Aug 2026₹201.00₹265.00 +31.84%₹366.05+82.11%
ENS Enterprises SME21 Aug 2026₹92.00₹96.00 +4.35%₹126.70+37.72%
Technocrats Plasma Systems SME21 Aug 2026₹132.00₹230.00 +74.24%₹408.75+209.66%
Credent Connect N Care SME20 Aug 2026₹189.00₹359.10SME cap +90.00%₹387.80+105.19%
Behari Lal Engineering Mainboard19 Aug 2026₹285.00₹465.00 +63.16%₹453.95+59.28%
Shiprocket Mainboard19 Aug 2026₹97.00₹131.00 +35.05%₹131.89+35.97%
Milky Mist Dairy Food Mainboard18 Aug 2026₹140.00₹165.00 +17.86%₹302.55+116.11%
Dhoot Transmission Mainboard17 Aug 2026₹871.00₹1,200.00 +37.77%₹1,637.20+87.97%
Molbio Diagnostics Mainboard17 Aug 2026₹807.00₹980.00 +21.44%₹1,381.80+71.23%
Technocraft Ventures Mainboard14 Aug 2026₹212.00₹284.00 +33.96%₹540.20+154.81%
LAPL Automotive SME13 Aug 2026₹94.00₹135.00 +43.62%₹115.40+22.77%
Aegeus Technologies SME11 Aug 2026₹105.00₹124.50 +18.57%₹107.00+1.90%
Anawil Wire & Engineering SME10 Aug 2026₹270.00₹329.65 +22.09%₹401.00+48.52%
Fusion Klassroom Edutech SME7 Aug 2026₹159.00₹170.00 +6.92%₹166.00+4.40%
Dhaval Packaging SME6 Aug 2026₹97.00₹110.00 +13.40%₹110.45+13.87%
Juniper Green Energy Mainboard6 Aug 2026₹225.00₹245.00 +8.89%₹255.42+13.52%
MV Electrosystems Mainboard6 Aug 2026₹425.00₹520.00 +22.35%₹775.70+82.52%
Oneindig Technologies SME6 Aug 2026₹96.00₹120.00 +25.00%₹123.65+28.80%
Manipal Health Enterprises Mainboard5 Aug 2026₹590.00₹652.00 +10.51%₹667.20+13.08%
Poojaa Precision Engg. SME4 Aug 2026₹301.00₹470.00 +56.15%₹910.40+202.46%
Indo-MIM Mainboard30 Jul 2026₹485.00₹700.00 +44.33%₹1,240.10+155.69%
Lohia Corp Mainboard30 Jul 2026₹425.00₹461.00 +8.47%₹540.20+27.11%
Xtranet Technologies Mainboard30 Jul 2026₹127.00₹136.00 +7.09%₹280.65+120.98%
Metalic Technoforge SME28 Jul 2026₹77.00₹87.00 +12.99%₹147.65+91.75%
Caliber Mining & Logistics Mainboard24 Jul 2026₹424.00₹552.00 +30.19%₹526.45+24.16%
Sotefin Bharat SME23 Jul 2026₹187.00₹197.00 +5.35%₹239.00+27.81%
Millworks Technologies SME21 Jul 2026₹331.00₹628.90SME cap +90.00%₹983.30+197.07%
Devson Catalyst SME16 Jul 2026₹118.00₹196.15 +66.23%₹333.40+182.54%
Happy Steels SME16 Jul 2026₹66.00₹68.00 +3.03%₹67.20+1.82%
Laser Power & Infra Mainboard16 Jul 2026₹214.00₹269.00 +25.70%₹222.08+3.78%
Kusumgar Mainboard15 Jul 2026₹419.00₹574.00 +36.99%₹584.95+39.61%
IC Electricals SME10 Jul 2026₹99.00₹166.00 +67.68%₹115.60+16.77%
Knack Packaging Mainboard8 Jul 2026₹170.00₹186.00 +9.41%₹187.59+10.35%
Atharva Polyplast SME7 Jul 2026₹60.00₹69.00 +15.00%₹126.00+110.00%
Kratikal Tech SME7 Jul 2026₹135.00₹192.00 +42.22%₹158.00+17.04%
Sampark India Logistics SME7 Jul 2026₹84.00₹89.00 +5.95%₹140.00+66.67%
Adon Agro Commodities SME6 Jul 2026₹70.00₹78.25 +11.79%₹95.00+35.71%
Crazy Snacks SME SME3 Jul 2026₹42.00₹44.00 +4.76%₹51.60+22.86%
Advit Jewels Mainboard1 Jul 2026₹138.00₹187.00 +35.51%₹298.70+116.45%
Shreedhar Spinners SME SME1 Jul 2026₹53.00₹54.40 +2.64%₹164.95+211.23%
Avience Biomedicals SME SME25 Jun 2026₹208.00₹395.20SME cap +90.00%₹242.90+16.78%
Diksha Polymers SME SME24 Jun 2026₹112.00₹114.50 +2.23%₹190.10+69.73%
Horizon Reclaim SME19 Jun 2026₹103.00₹151.00 +46.60%₹116.70+13.30%
Susan Electricals SME18 Jun 2026₹127.00₹186.00 +46.46%₹212.50+67.32%
Hexagon Nutrition Mainboard12 Jun 2026₹45.00₹48.00 +6.67%₹59.67+32.60%
CMR Green Technologies Mainboard10 Jun 2026₹192.00₹275.40 +43.44%₹213.08+10.98%
Merritronix SME SME8 Jun 2026₹149.00₹283.10SME cap +90.00%₹401.80+169.66%
Autofurnish SME SME29 May 2026₹41.00₹43.00 +4.88%₹109.50+167.07%
Bio Medica Laboratories SME SME29 May 2026₹139.00₹111.20SME floor −20.00%₹147.00+5.76%
Q-Line Biotech SME29 May 2026₹343.00₹452.00 +31.78%₹527.15+53.69%
Vegorama Punjabi Angithi SME27 May 2026₹77.00₹118.10 +53.38%₹239.50+211.04%
Teamtech Formwork Solutions SME26 May 2026₹63.00₹75.00 +19.05%₹160.20+154.29%
RFBL Flexi Pack SME19 May 2026₹50.00₹52.50 +5.00%₹93.00+86.00%
Simca Advertising SME15 May 2026₹183.00₹156.00 −14.75%₹490.50+168.03%
Bagmane Prime Office REIT Mainboard14 May 2026₹100.00₹103.40 +3.40%₹105.93+5.93%
Recode Studios SME12 May 2026₹158.00₹213.10 +34.87%₹380.00+140.51%
Onemi Technology Solutions Mainboard8 May 2026₹171.00₹191.00 +11.70%₹315.05+84.24%
Adisoft Technologies SME30 Apr 2026₹172.00₹205.00 +19.19%₹257.85+49.91%
Citius Transnet Investment Trust Mainboard29 Apr 2026₹100.00₹104.50 +4.50%₹114.26+16.97%
Mehul Telecom SME24 Apr 2026₹98.00₹108.00 +10.20%₹126.45+29.03%
Vivid Electromech SME7 Apr 2026₹555.00₹565.00 +1.80%₹1,072.75+93.29%
Amir Chand Jagdish Kumar (Exports) Mainboard2 Apr 2026₹212.00₹195.00 −8.02%₹222.57+4.99%
Highness Microelectronics SME2 Apr 2026₹120.00₹125.00 +4.17%₹306.20+155.17%
Powerica Mainboard2 Apr 2026₹395.00₹375.00 −5.06%₹499.75+26.52%
Sai Parenteral's Mainboard2 Apr 2026₹392.00₹405.00 +3.32%₹478.50+22.07%
TIPCO Engineering India SME1 Apr 2026₹89.00₹89.25 +0.28%₹260.95+193.20%
Central Mine Planning & Design Institute Mainboard30 Mar 2026₹172.00₹162.80 −5.35%₹183.95+6.95%
Speciality Medicines SME30 Mar 2026₹124.00₹124.00 0.00%₹135.00+8.87%
Novus Loyalty SME25 Mar 2026₹146.00₹146.00 0.00%₹178.30+22.12%
GSP Crop Science Mainboard24 Mar 2026₹320.00₹332.30 +3.84%₹438.40+37.00%
RaajMarg Infra Investment Trust Mainboard24 Mar 2026₹100.00₹108.00 +8.00%₹119.99+19.83%
Rajputana Stainless Mainboard19 Mar 2026₹122.00₹123.95 +1.60%₹169.27+38.75%
Apsis Aerocom SME18 Mar 2026₹110.00₹153.00 +39.09%₹475.75+332.50%
Srinibas Pradhan Constructions SME13 Mar 2026₹98.00₹100.05 +2.09%₹222.00+126.53%
Elfin Agro India SME12 Mar 2026₹47.00₹47.30 +0.64%₹89.50+90.43%
Sedemac Mechatronics Mainboard11 Mar 2026₹1,352.00₹1,510.00 +11.69%₹3,101.60+129.41%
Acetech E-Commerce SME9 Mar 2026₹112.00₹112.00 0.00%₹138.00+23.21%
Omnitech Engineering Mainboard5 Mar 2026₹227.00₹205.00 −9.69%₹669.40+194.89%
PNGS Reva Diamond Jewellery Limited Mainboard4 Mar 2026₹386.00₹372.00 −3.63%₹634.50+64.38%
Accord Transformer & Switchgear SME2 Mar 2026₹46.00₹50.00 +8.70%₹81.55+77.28%
Clean Max Enviro Energy Solutions Mainboard2 Mar 2026₹1,053.00₹952.20 −9.57%₹1,249.10+18.62%
Mobilise App Lab SME2 Mar 2026₹80.00₹64.10 −19.88%₹110.00+37.50%
Gaudium IVF and Women Health Mainboard27 Feb 2026₹79.00₹83.00 +5.06%₹107.22+35.72%
Marushika Technology SME19 Feb 2026₹117.00₹120.00 +2.56%₹120.00+2.56%
Aye Finance Mainboard16 Feb 2026₹129.00₹129.00 0.00%₹134.77+4.47%
Grover Jewells SME11 Feb 2026₹88.00₹96.00 +9.09%₹430.85+389.60%
C K K Retail Mart SME6 Feb 2026₹163.00₹163.00 0.00%₹294.95+80.95%
Accretion Nutraveda SME4 Feb 2026₹129.00₹191.00 +48.06%₹311.00+141.09%
Msafe Equipments SME4 Feb 2026₹123.00₹144.00 +17.07%₹284.30+131.14%
Kasturi Metal Composite SME3 Feb 2026₹64.00₹64.00 0.00%₹72.20+12.81%
Hannah Joseph Hospital SME2 Feb 2026₹70.00₹65.00 −7.14%₹112.00+60.00%
Shayona Engineering SME30 Jan 2026₹144.00₹144.00 0.00%₹190.20+32.08%
KRM Ayurveda SME29 Jan 2026₹135.00₹172.10 +27.48%₹231.10+71.19%
Digilogic Systems SME28 Jan 2026₹104.00₹83.20SME floor −20.00%₹190.40+83.08%
Shadowfax Technologies Mainboard28 Jan 2026₹124.00₹113.00 −8.87%₹279.50+125.40%
Amagi Media Labs Mainboard21 Jan 2026₹361.00₹317.00 −12.19%₹574.60+59.17%
GRE Renew Enertech SME21 Jan 2026₹105.00₹96.00 −8.57%₹220.00+109.52%
Indo SMC SME21 Jan 2026₹149.00₹149.00 0.00%₹358.55+140.64%
Avana Electrosystems Limited SME20 Jan 2026₹59.00₹77.50 +31.36%₹140.10+137.46%
Bharat Coking Coal Mainboard19 Jan 2026₹23.00₹45.21 +96.57%₹31.15+35.43%
Gabion Technologies India SME13 Jan 2026₹81.00₹89.00 +9.88%₹115.25+42.28%
E to E Transportation Infrastructure SME2 Jan 2026₹174.00₹330.60SME cap +90.00%₹258.15+48.36%

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 IPOs listed

Listing-day gain of the 301 issues with a listing price, in fixed bands.

  • −20% or worse 22 7.3%
  • −20% to −10% 16 5.3%
  • −10% to 0% 41 13.6%
  • At issue price 42 14.0%
  • 0% to 10% 76 25.2%
  • 10% to 25% 38 12.6%
  • 25% to 50% 35 11.6%
  • 50% to 90% 16 5.3%
  • 90% or more 15 5.0%

Hatched: opened at the SME price limit (+90% cap or −20% floor).

13 SME issues opened at exactly +90%, the most an SME listing may open above its issue price, and 20 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 gains by subscription

Overall times subscribed at the close of bidding. A historical pattern, not a predictor of how any one issue will list.

SubscribedIPOsMedian listing gainListed above issueNow below issue
Under 2x800.00%36.3%54 of 79
2x to 10x69+2.27%60.3%32 of 68
10x to 50x31+12.35%80.6%12 of 31
50x to 100x22+17.86%76.2%6 of 21
100x and over51+46.60%94.1%11 of 51
Not recorded500.00%42.0%20 of 50

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 sizeIPOsMedian listing gainListed above issueNow below issue
Under ₹50 Cr129+2.23%55.8%66 of 129
₹50 Cr to ₹250 Cr85+1.61%54.8%45 of 84
₹250 Cr to ₹1,000 Cr54+10.53%72.2%18 of 53
₹1,000 Cr to ₹5,000 Cr29+3.90%62.1%5 of 29
₹5,000 Cr and over6+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.

SegmentListedAverage gainMedian gainAbove / at / below issueAbove issue
Mainboard116+13.90%+6.67%79 / 12 / 2369.3%
SME187+11.82%+0.80%101 / 30 / 5654.0%
All IPOs303+12.61%+2.96%180 / 42 / 7959.8%

Listing gains by month

By listing date. Averages cover issues with a recorded listing price.

MonthListedAverage gainMedian gainAbove issue
Jan 202618+10.26%0.00%7 of 18
Feb 202617+1.64%+0.45%9 of 17
Mar 202621−1.61%0.00%8 of 21
Apr 202613+3.30%+3.49%10 of 13
May 202614+10.50%+4.94%9 of 14
Jun 202622+10.06%0.00%9 of 22
Jul 202634+18.55%+6.68%23 of 34
Aug 202640+20.26%+14.52%32 of 40
Sep 202670+15.51%+2.66%43 of 70
Oct 202646+13.03%+2.16%25 of 45
Nov 20268+13.09%+5.56%5 of 7

Highest listing-day gains

IPOListedIssue priceListing priceListing gain
Tempsens Instruments Mainboard28 Aug 2026₹300.00₹634.00 +111.33%
Bharat Coking Coal Mainboard19 Jan 2026₹23.00₹45.21 +96.57%
Vans Electroengineerings SME7 Oct 2026₹118.00₹224.20SME cap +90.00%
Roopa Screen SME1 Oct 2026₹64.00₹121.60SME cap +90.00%
Robokidz Eduventures SME28 Sep 2026₹106.00₹201.40SME cap +90.00%

Lowest listing-day gains

IPOListedIssue priceListing priceListing gain
Shree Ram Twistex Mainboard2 Mar 2026₹104.00₹70.00 −32.69%
Annu Projects Mainboard2 Sep 2026₹99.00₹72.00 −27.27%
Yajur Fibres SME14 Jan 2026₹174.00₹139.20SME floor −20.00%
Armour Security (India) SME22 Jan 2026₹57.00₹45.60SME floor −20.00%
Digilogic Systems SME28 Jan 2026₹104.00₹83.20SME floor −20.00%

Highest return since issue

IPOListedIssue priceCurrent priceSince issue
Grover Jewells SME11 Feb 2026₹88.00₹430.85+389.60%
Apsis Aerocom SME18 Mar 2026₹110.00₹475.75+332.50%
Vans Electroengineerings SME7 Oct 2026₹118.00₹433.55+267.42%
Shreedhar Spinners SME SME1 Jul 2026₹53.00₹164.95+211.23%
Vegorama Punjabi Angithi SME27 May 2026₹77.00₹239.50+211.04%

Lowest return since issue

IPOListedIssue priceCurrent priceSince issue
UHM Vacation SME SME11 Jun 2026₹166.00₹28.54−82.81%
Aastha Spintex Mainboard6 Jul 2026₹136.00₹23.94−82.40%
Yajur Fibres SME14 Jan 2026₹174.00₹34.20−80.34%
Mopshop Distribution SME26 Aug 2026₹138.00₹29.59−78.56%
Vama Wovenfab SME22 Sep 2026₹341.00₹77.10−77.39%

IPO listing gains, year by year

Listing-day figures for every year covered. The current year runs to date.

YearIPOsMedian gainAverage gainListed above issue
2026 YTD303+2.96%+12.61%59.8%
2025 377+3.52%+10.56%62.9%
2024 341+30.91%+49.05%85.0%
2023 240+14.46%+32.46%79.6%
2022 148+7.22%+23.95%75.7%
2021 122+4.73%+23.31%73.0%
2020 47+1.40%+13.73%63.8%
2019 65+1.39%+5.07%63.1%
2018 168+1.67%+4.38%67.7%

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.
  • 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".

Frequently asked questions

How did IPOs perform on listing day in 2026?
303 IPOs listed on NSE and BSE in 2026 as of 5 Nov 2026: 116 mainboard and 187 SME. Across them, the average listing-day gain was +12.61% (median +2.96%), and 180 of the 301 IPOs with a listing price (59.8%) listed above their issue price.
How many 2026 IPOs are trading below their issue price?
135 of the 300 IPOs with a current price (45.0%) traded below their issue price at the close of 4 Nov 2026, 47 of them after listing above it. The median return since issue is +4.73%; 36 have doubled or more and 41 have lost half or more.
How is the listing-day gain calculated?
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.
Why do so many SME IPOs list at exactly +90% or −20%?
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".
What does the IPO listing-gains report cover?
Listing-day performance of Indian IPOs by year: average and median listing gain, how many listed above issue, mainboard against SME, and every issue's prices.
Is this investment advice?
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.

By , Research lead How we research these reports