IPO listing statistics
How IPOs on NSE and BSE have listed against their issue price. Gains are measured at the listing-day opening price.
- IPOs listed
- 138
- SME, Last 6 months
- Opened above issue price
- 56%
- 30% below, 14% at the issue price
- Average gain
- +14.7%
- pulled up by a few large gains
- Median gain
- +2.0%
- the typical IPO
In the last 6 months, 138 SME IPOs have listed. 56% opened above their issue price and the median opening gain was +2.0%. Past listings do not predict future ones.
Top 5 gainers
SME, Last 6 months · opening gain against issue price
- 1Credent Connect N Care+90.0%20 Aug 2026 · ₹189 → ₹359.1
- 2Merritronix+90.0%8 Jun 2026 · ₹149 → ₹283.1
- 3Robokidz Eduventures+90.0%28 Sep 2026 · ₹106 → ₹201.4
- 4Shree Balaji Mala+90.0%29 Jul 2026 · ₹70 → ₹133
- 5Teja Engineering Industries+90.0%7 Jul 2026 · ₹220 → ₹418
Top 5 losers
SME, Last 6 months · opening gain against issue price
- 1Fly-Hi Maritime Travels−20.0%8 Sep 2026 · ₹102 → ₹81.6
- 2Riyaasat Lifestyle−20.0%1 Jul 2026 · ₹106 → ₹84.8
- 3Bio Medica Laboratories−20.0%29 May 2026 · ₹139 → ₹111.2
- 4GenXAI Analytics−20.0%12 Jun 2026 · ₹116 → ₹92.8
- 5Seemax Resources−20.0%7 Jul 2026 · ₹141 → ₹112.8
Median opening gain by month
Faded bars have fewer than 5 IPOs
| Month | IPOs | Median opening gain |
|---|---|---|
| May 2026 | 11 | +5.0% |
| Jun 2026 | 19 | 0.0% |
| Jul 2026 | 20 | +7.8% |
| Aug 2026 | 22 | +3.6% |
| Sep 2026 | 38 | +1.1% |
| Oct 2026 | 28 | 0.0% |
| Nov 2026 | 0 | No IPOs |
How gains were spread
138 IPOs, SME, Last 6 months
| Opening gain | IPOs |
|---|---|
| Below −10% | 21 |
| −10% to 0 | 20 |
| 0 to 10% | 50 |
| 10% to 25% | 14 |
| 25% to 50% | 12 |
| 50% or more | 21 |
By year
SME. A year with fewer than 5 IPOs shows only the count.
How to read this
Gain = (listing-day opening price − issue price) ÷ issue price. It is not what any investor earned: it ignores when they sold, charges and tax. Where no final issue price is stored, the upper end of the price band is used. This page describes the past and gives no advice.
See also the GMP track record, the IPO calendar and the list of past IPOs.