IPO performance 2023

In 2023 there were about 60 Main board IPO’s. 4 out of 5 IPO returned a listing day gain. That’s a 80% win rate.

In 2023, the Indian stock market witnessed a dynamic IPO landscape, with varying numbers of companies going public each month. Below is a month-wise breakdown of the number of IPOs listed:

Month-2023	Number of IPO
January	2
February	5
March	4
April	2
May	1
June	1
July	6
August	5
September	8
October	6
November	7
December	13

This data indicates a significant surge in IPO activity during the latter part of the year, particularly in December, which saw the highest number of listings.

Mainboard IPO By Year 2011 – 2024

Number of Positive and Negative IPOs

Listing Day Performance:

Positive IPOs: 49

Negative IPOs: 11

Current Market Performance (as of Nov 25, 2024):

Positive IPOs: 43

Negative IPOs: 17

Top 3 IPOs by Listing Day Performance

Top 3 IPOs by Current Market Gains

Performance of IPO’s listed in Year 2013

Company Name	Listed Date	Issue Price	Listing Day Close	Listing Gain (%)	Current Price	Gain as of 25 Nov 2024 (%)
Innova Captab Limited	December 29, 2023	448	545	22	1004	124
Azad Engineering Limited	December 28, 2023	524	677	29	1756	235
Happy Forgings Limited	December 27, 2023	850	1030	21	1084	28
Credo Brands Marketing Limited	December 27, 2023	280	313	12	168	-40
RBZ Jewellers Limited	December 27, 2023	100	105	5	180	80
Muthoot Microfin Limited	December 26, 2023	291	266	-9	187	-36
Suraj Estate Developers Limited	December 26, 2023	360	334	-7	618	72
Motisons Jewellers Limited	December 26, 2023	55	101	84	29	-48
Inox India Limited	December 21, 2023	660	940	42	1130	71
DOMS Industries Limited	December 20, 2023	790	1331	68	3071	289
India Shelter Finance Corporation Limited	December 20, 2023	493	544	10	659	34
Flair Writing Industries Limited	December 1, 2023	304	453	49	279	-8
Tata Technologies Limited	November 30, 2023	500	1314	163	944	89
Fedbank Financial Services Limited	November 30, 2023	140	140	0	94	-33
Gandhar Oil Refinery (India) Limited	November 30, 2023	169	302	78	207	23
Indian Renewable Energy Development Agency Ltd	November 29, 2023	32	60	87	190	494
ASK Automotive Limited	November 15, 2023	282	310	10	447	59
Protean eGov Technologies Limited	November 13, 2023	792	883	11	1739	120
ESAF Small Finance Bank Limited	November 10, 2023	60	69	15	39	-34
Honasa Consumer Limited	November 7, 2023	324	337	4	227	-30
Cello World Limited	November 6, 2023	648	792	22	751	16
Blue Jet Healthcare Limited	November 1, 2023	346	396	14	528	53
IRM Energy Limited	October 26, 2023	505	473	-6	364	-28
Plaza Wires Limited	October 12, 2023	54	80	49	73	35
Valiant Laboratories Limited	October 6, 2023	140	169	21	113	-19
Updater Services Limited	October 4, 2023	300	284	-5	406	35
Manoj Vaibhav Gems ‘N’ Jewellers Limited	October 3, 2023	215	216	0	226	5
JSW Infrastructure Limited	October 3, 2023	119	157	32	304	156
Yatra Online Limited	September 28, 2023	142	136	-4	106	-25
Signatureglobal (India) Limited	September 27, 2023	385	458	19	1328	245
Sai Silks (Kalamandir) Limited	September 27, 2023	222	245	10	161	-28
Zaggle Prepaid Ocean Services Limited	September 22, 2023	164	158	-3	469	186
SAMHI Hotels Limited	September 22, 2023	126	144	14	185	47
EMS Limited	September 21, 2023	211	280	33	749	255
R R Kabel Limited	September 20, 2023	1035	1197	16	1463	41
Jupiter Life Line Hospitals Limited	September 18, 2023	735	1075	46	1541	110
Ratnaveer Precision Engineering Limited	September 11, 2023	98	134	37	261	166
Rishabh Instruments Limited	September 11, 2023	441	443	0	328	-26
Vishnu Prakash R Punglia Limited	September 5, 2023	99	146	47	274	176
Aeroflex Industries Limited	August 31, 2023	108	163	51	184	70
Pyramid Technoplast Limited	August 29, 2023	166	176	6	194	17
TVS Supply Chain Solutions Limited	August 23, 2023	197	201	2	178	-10
Concord Biotech Limited	August 18, 2023	741	942	27	2061	178
SBFC Finance Limited	August 16, 2023	57	92	62	88	54
Yatharth Hospital and Trauma Care Services Limited	August 7, 2023	300	300	0	606	102
Netweb Technologies India Limited	July 27, 2023	500	911	82	2875	475
Utkarsh Small Finance Bank Limited	July 21, 2023	25	48	92	36	45
Senco Gold Limited	July 14, 2023	317	405	28	1162	267
Cyient DLM Limited	July 10, 2023	265	421	59	632	138
ideaForge Technology Limited	July 7, 2023	672	1296	93	573	-15
HMA Agro Industries Limited	July 4, 2023	585	585	0	43	-93
IKIO Lighting Limited	June 16, 2023	285	404	42	258	-9
Nexus Select Trust	May 19, 2023	100	104	4	145	45
Mankind Pharma Limited	May 9, 2023	1080	1424	32	2612	142
Avalon Technologies Limited	April 18, 2023	436	397	-9	874	100
Udayshivakumar Infra Limited	April 3, 2023	35	32	-10	49	39
Global Surfaces Limited	March 23, 2023	140	171	22	177	26
Divgi TorqTransfer Systems Limited	March 14, 2023	590	605	3	635	8
Sah Polymers Limited	January 12, 2023	65	89	37	94	44
Radiant Cash Management Services Limited	January 4, 2023	94	105	11	74	-22

DISCLAIMER: Investments in the securities market are subject to market risks, read all the related documents carefully before investing. The securities quoted are exemplary and are not recommendatory. Brokerage will not exceed the SEBI prescribed limit.