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%.

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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

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Company Dates Price band Issue size Subs. GMP / Listing Status
Bansal Wire IPO Mainboard BSE,NSE Dates TBA ₹243–256 ₹745 Cr 59.57x +39.1% Listed
Vraj Iron and Steel IPO Mainboard BSE,NSE Dates TBA ₹195–207 ₹171 Cr 119.04x +15.9% Listed
Allied Blenders IPO Mainboard BSE,NSE Dates TBA ₹267–281 ₹1,500 Cr 23.55x +13.9% Listed
Stanley Lifestyles IPO Mainboard BSE,NSE Dates TBA ₹351–359 ₹537.02 Cr 96.98x +37.9% Listed
DEE Piping Systems IPO Mainboard BSE,NSE Dates TBA ₹193–203 ₹418.01 Cr 103.03x +67.0% Listed
Jyoti CNC Automation IPO Mainboard NSE,BSE Dates TBA ₹315–331 ₹1,000 Cr 40.49x +11.8% 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.

IPOs opened per month Stacked bars showing Mainboard and SME IPOs opened in each of the last 12 months. 0 22 44 66 88 November 2025: 9 Mainboard, 13 SME 22 Nov December 2025: 10 Mainboard, 37 SME 47 Dec January 2026: 3 Mainboard, 19 SME 22 Jan February 2026: 7 Mainboard, 14 SME 21 Feb March 2026: 8 Mainboard, 9 SME 17 Mar April 2026: 2 Mainboard, 4 SME 6 Apr May 2026: 1 Mainboard, 17 SME 18 May June 2026: 7 Mainboard, 24 SME 31 Jun July 2026: 12 Mainboard, 17 SME 29 Jul August 2026: 23 Mainboard, 23 SME 46 Aug September 2026: 34 Mainboard, 52 SME 86 Sep October 2026: 1 Mainboard, 1 SME 2 Oct
Mainboard SME

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

Mainboard IPOs · SME IPOs · Upcoming IPOs · Open IPOs

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.