SME IPO Performance in 2024 :Talking about the year 2024, while the performance of mainboard IPOs has been strong, SME IPOs have performed tremendously. About 50 percent of the SME IPOs listed so far this year have doubled or multiplied the investors’ money. The outlook of the Indian economy is strong, there is a sentiment of political stability in the country, due to which SME IPOs are coming one after the other and they are also getting a strong response. The figures of SME IPOs are surprising in terms of returns. Not even 7 months have passed this year and the return on the shares of SME IPOs listed this year has been up to 1470 percent.
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A total of 126 SME IPOs have been listed this year and 60 of these have given 100% or more returns. There have been only 21 IPOs which have shown negative returns. This is about 16% of the total IPOs. At the same time, 105 IPOs have given positive returns, which is 83% of the total IPOs. These IPOs not only got high subscription, but after a strong listing, the shares of most of them remained bullish. This is the big reason why the performance of SME IPOs is stronger than that of mainboard IPOs. At present, if you also invest money in SME IPO, then it is important to keep some things in mind.
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IPOs with more than 300% returns
Owais Metal & Mineral : 1470%
Australian Premium Solar (India) : 1041%
Megatherm Induction : 317%
Alpex Solar : 782%
KC Energy & Infra: 613%
TBI Corn : 304%
Amtron Electronics: 333%
Refractory Shapes : 694%
Winsol Engineers : 507%
GP Eco Solutions India : 341%
Tirtha Gopikon : 380%
TAC Infosec : 420%
KP Green Engineering : 308%
Vruddhi Engineering: 343%
First EPC Projects : 363%
These stocks could not even beat the returns of FD in 5 years, got returns of only 1 to 4.50%, have you invested in any of them
IPOs with 100%-299% returns
Nephro Care India : 100%
Dinstein Take: 144%
Divine Power Energy : 227%
Petro Carbons & Chemicals: 113%
Shivalik Power Control : 289%
Medikamen Organics : 288%
Dindigul Farm Produce: 167%
GEM Enviro Management : 180%
Ztech India : 160%
Beacon Trusteeship : 132%
Vilas Transcore : 238%
Rulka Electricals : 150%
HOAC Foods India : 285%
Indian Emulsifier : 222%
ABS Marine Services : 167%
Premier Roadlines : 122%
Energy-Mission Machinery : 175%
Storage Technologies : 165%
Greenhitech Ventures: 141%
Creative Graphics Solutions: 122%
K2 Infragen : 158%
Trust Fintech : 108%
Aspire & Innovative Advertising: 124%
Fourth Food : 104%
Enfuse Solutions: 124%
Answer Communications : 150%
Royal Sense : 127%
Signoria Creation : 149%
Pune E-Stock Broking : 106%
Shri Karni Fabcom : 203%
VR Infraspace : 106%
Purv Flexipack : 159%
Sadhvi Shipping : 149%
Atmastco : 371%
Esconet Technologies : 332%
Thai Casting : 186%
Wise Travel: 109%
Rudra Gas Enterprise : 175%
Fonebox Retail : 178%
Konstelec Engineers : 206%
Active Learning Technology: 128%
Qualitek Labs : 110%
Max position : 239%
Akanksha Power & Infrastructure: 219%
Manoj Ceramics : 116%
Shri Balaji Valve Components : 149%
What to keep in mind
In case of SME IPOs, companies only require approval from the exchanges and not SEBI. SMEs have fewer regulations, so investors are making money on the listing date due to higher premiums and lower free float. However, investors should keep in mind that the minimum amount for regular IPOs is around Rs 15,000, while for SME IPOs it is around Rs 1 lakh. Investors should also keep in mind that stocks are highly liquid initially but tend to fall slowly in the next 2-3 months of listing. While mainboard IPOs can be held for long-term value, SME IPOs only attract those who want to make profits in the short term.