Upcoming IPOs 2023
4 mainboard & sme IPOs in 2023: 0 open for bidding, 0 upcoming and 4 closed. In 2023, 3 of 4 listed IPOs opened above the issue price , led by Cyient DLM Limited IPO at +52.1%.
Last updated
- IPOs in 2023
- 4
- 4 Mainboard · 0 SME
- Funds raised
- ₹6,390 Cr
- Total issue size
- Listed in profit
- 75%
- 3 of 4 listings
- Avg. listing gain
- +25.3%
- Median +29.0%
- Avg. subscription
- 28.47x
- Across all categories
IPO list
| Company | Dates | Price band | Issue size | Subs. | GMP / Listing | Status |
|---|---|---|---|---|---|---|
| No IPOs match these filters. Show all IPOs | ||||||
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 2023 IPOs listed
Listing-day gain for 4 IPOs that listed in 2023. The weakest debut was Avalon Technologies IPO at -9.2%.
| Below −10% | 0 | 0% |
|---|---|---|
| −10% to 0 | 1 | 25% |
| 0 to 10% | 0 | 0% |
| 10 to 50% | 2 | 50% |
| Above 50% | 1 | 25% |
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 4 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 2023?
- 4 IPOs have opened in 2023 so far (4 Mainboard and 0 SME), raising about ₹6,389.86 Cr. Of the 4 that have listed, 3 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.