IPO Watch

IPOs open now, and what is coming

Every mainboard and SME issue currently taking bids, with live category-wise subscription, plus the ones opening next. Straight from the exchange.

Open for bidding (2)

Issues taking applications today. Each card shows the price band and how strongly each investor category has bid so far - for a mainboard issue, how many times its reserved shares have been bid for. These figures keep changing until the issue closes.
AXIOMGASSMElast day

Axiom Gas Engineering Limited

price band
not set
Opens
18 Sept
Closes
22 Sept
Issue size
-
Demand, by category
ApplicationsShares bidInstitutions57,82,000High net worth13839,86,000Retail1,65666,24,000Total1,7991,13,92,000

The exchange does not publish a times-subscribed multiple for SME issues, so this is the demand itself rather than a ratio. Demand usually climbs sharply on the final day, so an early reading is not the finishing one.

VARMORAMainboard2 days left

Varmora Granito Limited

price band
Rs 140 to 148
Opens
22 Sept
Closes
24 Sept
Issue size
Rs 475 Cr
Times subscribed, by category
Institutions1.51x
1.51x oversubscribed
High net worth0.03x
only 3% filled
Retail0.13x
only 13% filled

Subscription usually climbs sharply on the final day, so an early reading is not the finishing one. A heavily oversubscribed retail portion means allotment goes to a lottery, and most applicants get nothing.

Opening soon (9)

Issues the exchange has announced that are not yet taking bids, with their dates and price band. Nothing can be applied for until the open date.
ADROITINDMainboard

Adroit Industries (India) Limited

price band
Rs 126 to 134
Opens
23 Sept
Closes
25 Sept
Issue size
Rs 99 Cr

Bidding opens in 1 day.

ARMEEMainboard

ArMee Infotech Limited

price band
Rs 350 to 375
Opens
23 Sept
Closes
25 Sept
Issue size
Rs 300 Cr

Bidding opens in 1 day.

SWASTIKAINMainboard

Swastika Infra Limited

price band
Rs 175 to 185
Opens
23 Sept
Closes
25 Sept
Issue size
Rs 159 Cr

Bidding opens in 1 day.

ELEVATEMainboard

Elevate Campuses Limited

price band
Rs 343 to 362
Opens
23 Sept
Closes
25 Sept
Issue size
Rs 2100 Cr

Bidding opens in 1 day.

POOJALOGISSME

Pooja Logistics Limited

price band
Rs 109 to 115
Opens
23 Sept
Closes
25 Sept
Issue size
Rs 30 Cr

Bidding opens in 1 day.

COREINSME

Coreintegra Consulting Services Limited

price band
Rs 74 to 78
Opens
23 Sept
Closes
25 Sept
Issue size
Rs 21 Cr

Bidding opens in 1 day.

MONEYVIEWMainboard

Moneyview Limited

price band
Rs 32 to 34
Opens
24 Sept
Closes
28 Sept
Issue size
Rs 1072 Cr

Bidding opens in 2 days.

BMISLSME

Bench Mark Infotech Services Limited

price band
Rs 104 to 110
Opens
25 Sept
Closes
29 Sept
Issue size
Rs 40 Cr

Bidding opens in 3 days.

HIMALAYANSME

Himalayan Solar Limited

price band
Rs 98 to 103
Opens
25 Sept
Closes
29 Sept
Issue size
Rs 65 Cr

Bidding opens in 3 days.

What past listings did

How issues have done on their first trading day, split by board because mainboard and SME issues behave very differently. A board's figures are only shown when we can see almost all of its listings.

We store every equity issue the exchange lists, 1,202 of them. Public debt offerings are excluded: the source feed mixes them in, and a bond with a Rs 1,00,000 face value is not an IPO.

MainboardEvery mainboard issue we hold a first trading day for, each measured as its listing-day closing price against the issue price. Median gain is the middle issue, so a few huge winners cannot drag it up. Finished up is the share that closed their first day above the issue price. Best and worst are the single extremes. What a past issue did says nothing about the next one.

94.9% covered
Median gain
+9.27%
Finished up
66.4%
Best
+288.82%
Worst
-96.71%

432 of 455 mainboard listings. That is effectively all of them, so this is a census rather than a sample.

SMEEvery sme issue we hold a first trading day for, each measured as its listing-day closing price against the issue price. Median gain is the middle issue, so a few huge winners cannot drag it up. Finished up is the share that closed their first day above the issue price. Best and worst are the single extremes. What a past issue did says nothing about the next one.

96.1% covered
Median gain
+10.72%
Finished up
78.8%
Best
+1044.17%
Worst
-90%

718 of 747 sme listings. That is effectively all of them, so this is a census rather than a sample.

Recently listed
The latest issues to start trading, newest first. The figure on the right is the first day's closing price against the issue price - what someone allotted shares made on paper by that evening. 'Not tracked' means we hold no first-day price for that issue, usually an SME issue that listed on the BSE, which our exchange files do not cover.
ARCILnot tracked
17 SeptMainboardissued at Rs 139
RENTOMOJOnot tracked
17 SeptMainboardissued at Rs 404
KARAMTARAnot tracked
17 SeptMainboardissued at Rs 254
LCCPROJECTnot tracked
17 SeptMainboardissued at Rs 146
MPIMANIPALnot tracked
17 SeptMainboardissued at Rs 339
VINODnot tracked
17 SeptSMEissued at Rs 94
STEAMHOUSEnot tracked
17 SeptMainboardissued at Rs 81
KANOHARnot tracked
16 SeptMainboardissued at Rs 632
GLASSWALLnot tracked
16 SeptMainboardissued at Rs 182
PRASOLCHEMnot tracked
16 SeptMainboardissued at Rs 676
PRANAVnot tracked
15 SeptMainboardissued at Rs 124
DOLLEXnot tracked
11 SeptSMEissued at Rs 38
QUALIANCEnot tracked
11 SeptSMEissued at Rs 127
DEEPAnot tracked
8 SeptMainboardissued at Rs 177

Information only, not advice, and not a recommendation to apply for any issue. Figures come from the exchange and can lag or be revised. We do not publish grey market premium: it is unofficial, unregulated and not something the exchange stands behind. Full disclosures.