Closed IPOs 2024
156 mainboard & sme IPOs in 2024: 0 open for bidding, 0 upcoming and 156 closed. In 2024, 126 of 156 listed IPOs opened above the issue price , led by Mamata Machinery IPO at +146.9%.
Last updated
- IPOs in 2024
- 156
- 60 Mainboard · 96 SME
- Funds raised
- ₹1,36,299 Cr
- Total issue size
- Listed in profit
- 81%
- 126 of 156 listings
- Avg. listing gain
- +34.4%
- Median +22.5%
- Avg. subscription
- 158.07x
- Across all categories
IPO list
| Company | Dates | Price band | Issue size | Subs. | GMP / Listing | Status |
|---|---|---|---|---|---|---|
| KRN Heat Exchanger IPO Mainboard BSE,NSE | Dates TBA | ₹209–220 | ₹341.51 Cr | 213.98x | +118.2% | Listed |
| TechEra Engineering IPO SME NSE | Dates TBA | ₹75–82 | ₹35.90 Cr | 65.35x | +52.4% | Listed |
| Unilex Colours and Chemicals IPO SME NSE | Dates TBA | ₹82–87 | ₹31.32 Cr | 35.62x | +2.3% | Listed |
| Thinking Hats Entertainment Solutions IPO SME NSE | Dates TBA | ₹42–44 | ₹15.09 Cr | 322.35x | +36.4% | Listed |
| Manba Finance IPO Mainboard BSE,NSE | Dates TBA | ₹114–120 | ₹150.84 Cr | 224.10x | +20.8% | Listed |
| WOL 3D IPO SME NSE | Dates TBA | ₹142–150 | ₹25.56 Cr | 373.94x | +20.0% | Listed |
| Rappid Valves (India) IPO SME NSE | Dates TBA | ₹210–222 | ₹30.41 Cr | 176.14x | +40.5% | Listed |
| BikeWo GreenTech IPO SME NSE | Dates TBA | ₹59–62 | ₹24.09 Cr | 41.88x | -27.4% | Listed |
| SD Retail Logo IPO SME NSE | Dates TBA | ₹124–131 | ₹64.98 Cr | 97.16x | +10.7% | Listed |
| Phoenix Overseas Limited IPO SME NSE | Dates TBA | ₹61–64 | ₹36.03 Cr | 119.26x | 0.0% | Listed |
| Avi Ansh Textile IPO SME NSE | Dates TBA | ₹62 | ₹26 Cr | 8.37x | +9.7% | Listed |
| Kalana Ispat IPO SME NSE | Dates TBA | ₹66 | ₹32.59 Cr | 57.04x | -31.6% | Listed |
| Paramount Speciality Forgings IPO SME NSE | Dates TBA | ₹57–59 | ₹32.34 Cr | 73.92x | +40.7% | Listed |
| Arkade Developers IPO Mainboard BSE,NSE | Dates TBA | ₹121–128 | ₹410 Cr | 106.76x | +36.7% | Listed |
| Osel Devices IPO SME NSE | Dates TBA | ₹155–160 | ₹70.66 Cr | 194.31x | +23.8% | Listed |
| Northern Arc Capital IPO Mainboard BSE,NSE | Dates TBA | ₹249–263 | ₹777 Cr | 110.89x | +33.1% | Listed |
| Pelatro IPO SME NSE | Dates TBA | ₹190–200 | ₹55.98 Cr | 22.86x | +37.5% | Listed |
| Envirotech Systems IPO SME NSE | Dates TBA | ₹53–56 | ₹30.24 Cr | 91.88x | +90.0% | Listed |
| Deccan Transcon Leasing IPO SME NSE | Dates TBA | ₹102–108 | ₹65.06 Cr | 103.31x | +7.4% | Listed |
| Western Carriers (India) IPO Mainboard BSE,NSE | Dates TBA | ₹163–172 | ₹492.88 Cr | 30.55x | -0.6% | Listed |
| Popular Foundations IPO SME BSE | Dates TBA | ₹37 | ₹19.87 Cr | 9.27x | 0.0% | Listed |
| Sodhani Academy IPO SME BSE | Dates TBA | ₹40 | ₹6.12 Cr | — | +32.5% | Listed |
| Excellent Wires and Packaging IPO SME NSE | Dates TBA | ₹90 | ₹12.60 Cr | — | -5.6% | Listed |
| Innomet Advanced Materials IPO SME NSE | Dates TBA | ₹100 | ₹34.24 Cr | — | +90.0% | Listed |
| SPP Polimers IPO SME NSE | Dates TBA | ₹59 | ₹24.49 Cr | 39.08x | +6.8% | Listed |
GMP / Listing shows the grey market premium (as % of the upper price band) until listing, then the listing-day gain.
IPO activity, last 12 months
347 IPOs opened in the last 12 months. The busiest month was September 2026 with 86 issues.
How 2024 IPOs listed
Listing-day gain for 156 IPOs that listed in 2024. The weakest debut was Kalana Ispat IPO at -31.6%.
| Below −10% | 8 | 5% |
|---|---|---|
| −10% to 0 | 11 | 7% |
| 0 to 10% | 35 | 22% |
| 10 to 50% | 57 | 37% |
| Above 50% | 45 | 29% |
Listing gain = listing-day open price vs upper price band.
Browse IPOs by year
IPO list: FAQs
- How many IPOs are listed on IPO Master?
- IPO Master tracks 156 Mainboard and SME IPOs, including 0 open for bidding and 0 upcoming. Each IPO has its own page with price band, lot size, subscription, GMP, allotment and listing details.
- How many IPOs have come in 2024?
- 156 IPOs have opened in 2024 so far (60 Mainboard and 96 SME), raising about ₹1,36,299.25 Cr. Of the 156 that have listed, 126 listed above the issue price.
- What is the difference between Mainboard and SME IPOs?
- Mainboard IPOs list on the main NSE and BSE platforms and allow retail applications from one lot (about ₹15,000). SME IPOs list on NSE Emerge or BSE SME, are smaller issues, and need a minimum application of more than ₹2 lakh for individual investors. SME IPOs tend to be more volatile on listing.
- What do the IPO statuses mean?
- Upcoming IPOs have announced dates but have not opened. Open (ongoing) IPOs are accepting bids. Closed IPOs have finished bidding and are awaiting allotment or listing. Listed IPOs are trading on the exchange.
- How is the listing gain calculated?
- Listing gain is the difference between the listing-day opening price and the upper end of the price band, as a percentage of the upper price band.
IPO details are compiled from offer documents and NSE/BSE data. GMP is an unofficial indicator. For information only; not investment advice.