IPO Mainboard SME List in India. Get the current IPO list in India weather it is from Mainboard IPOs or SME IPOs. We can find here the latest IPO list in India which is going to hit the Dalal street or already listed on NSE and BSE. See IPO Mainboard SME IPO listing date, IPO Issue size, Lot Size and price band. Find IPO all inclusive information about IPO market in India.
IPO Mainboard SME List in India 2024
| IPO Company Name | Open Date | Close Date | Lot Size | Price Band ₹ | Listing Date | IPO Issue Size |
|---|---|---|---|---|---|---|
| Bharti Hexacom | 3 April 2024 | 5 April 2024 | 26 shares | ₹542 to ₹570 | 12 April 2024 | 4275.00 Crore |
| Creative Graphics Solutions | 28 March 2024 | 4 April 2024 | 1600 shares | ₹80 to ₹85 | 9 April 2024 | 54.40 Crore |
| Aluwind Architectural Limited | 28 March 2024 | 4 April 2024 | 3000 shares | ₹45.00 | 9 April 2024 | 29.70 Crore |
| K2 Infragen Limited IPO | 28 March 2024 | 3 April 2024 | 1200 shares | ₹111 to ₹119 | 8 April 2024 | 40.54 Crore |
| Jay Kailash Namkeen Limited | 28 March 2024 | 3 April 2024 | 1600 shares | ₹70 to ₹73 | 8 April 2024 | 11.93 Crore |
| Radiowala Network | 27 March 2024 | 2 April 2024 | 1600 shares | ₹72 to ₹76 | 5 April 2024 | 14.20 Crore |
| Yash Optics & Lens Limited | 27 March 2024 | 3 April 2024 | 1600 shares | ₹75 to ₹81 | 8 April 2024 | 53.15 Crore |
| TAC Infosec Limited | 27 March 2024 | 2 April 2024 | 1200 shares | ₹106 | 5 April 2024 | 29.99 Crore |
| Trust Fintech Limited | 26 March 2024 | 28 March 2024 | 1200 shares | ₹106 | 4 April 2024 | 63.50 Crore |
| SRM Contractors Limited | 26 March 2024 | 28 March 2024 | 70 shares | ₹200 to ₹210 | 3 April 2024 | 130.20 Crore |
| Blue Pebble Limited | 26 March 2024 | 28 March 2024 | 800 shares | ₹168 | 3 April 2024 | 18.14 Crore |
| Vruddhi Engineering Works Limited | 26 March 2024 | 28 March 2024 | 2000 shares | ₹70 | 3 April 2024 | 4.72 Crore |
| Aspire & Innovative Advertising Limited | 26 March 2024 | 28 March 2024 | 2000 shares | ₹51 to ₹54 | 3 April 2024 | 21.97 Crore |
| GConnect Logitech | 26 March 2024 | 28 March 2024 | 3000 shares | ₹40 | 3 April 2024 | 5.60 Crore |
| Naman In-Store (India) Limited | 22 March 2024 | 27 March 2024 | 1600 shares | ₹84 to 89 | 2 April 2024 | 25.35 Crore |
| Vishwas Agri Seeds Limited | 21 March 2024 | 26 March 2024 | 1600 shares | ₹86 Fixed | 1 April 2024 | 25.80 Crore |
| Chatha Foods Limited | 19 March 2024 | 21 March 2024 | 2000 shares | ₹56 | 27 March 2024 | 34 Crore |
| KP Green Engineering Limited | 15 March 2024 | 19 March 2024 | 1000 shares | ₹144 | 22 March 2024 | 189.50 Crore |
What is an IPO ?
An IPO is the process by which a private company goes public by offering shares of stock to public investors for the first time. It marks the transition of the company from a private to a publicly-traded entity.
If you want to check the current IPO status of the on going IPO than here is the check list for IPO Subscription Status. Once you are satisfied with IPO subscription status and want to check the allotment status than click IPO Allotment Status.
With the ongoing process of IPO market you can see the ups and downs of grey market premium here at IPO GMP Grey Market Premium. If you want to check out the listing day gain or loss of any IPO in 2024 or later years than click here IPO Performance Tracker. If you are interesting to know more about IPO than see Mainboard IPO List | SME IPO List | Upcoming IPO in 2024 | Rights Issue | NCD List
IPO Subscription : There are generally two ways to subscribe to an IPO – through a broker or directly with the company if they allow retail subscriptions. Most IPOs are primarily offered to institutional investors, but popular IPOs may reserve a portion for retail (individual) investors.
IPO Eligibility Criteria : Eligibility can vary for each IPO but typically requires having a trading/demat account with a broker, meeting minimum application value requirements, being an Indian resident, etc. The company’s prospectus outlines the specific criteria.
IPO Price Band : The IPO price band is determined by the company going public based on valuation by merchant bankers. The final price is decided after the book building process based on investor demand. If the IPO is oversubscribed, shares are allotted on a pro-data basis as per pre-defined criteria like investor category, number of shares bid for, etc. outlined in the prospectus
IPO Listing Date : The listing date is when the company shares start trading on the stock exchange, usually 1-2 weeks after the IPO subscription period closes. IPOs carry higher risks as there is limited information and trading history available for the company. Overpricing, volatility, information asymmetry are some key risks.
IPO Process : The typical process is: 1. Check IPO eligibility criteria 2. Study IPO prospectus 3. Decide number of shares to apply for 4. Submit application form online or offline with payment 5. Wait for allotment status and refund if applicable.
IPO application revision : Some IPOs allow a window after the application period to revise the number of shares or price bid. This is called the IPO application revision period. IPO grading is a service where a credit rating agency assigns a grade to the IPO based on an assessment of the company’s fundamentals, to help investors make informed decisions.
IPO Bid : An IPO bid lot is the minimum number of shares that investors must apply for in an IPO, set by the company issuing the shares. once an IPO application is submitted, it cannot be withdrawn. It will either be successful and allotted shares, or unsuccessful and receive a refund.
If the total applications received are less than the shares issued, it is undersubscribed. The company may decide to extend/cancel the IPO, or approve the listing with the undersubscribed shares. Anchor investors are institutional investors who are allocated shares in an IPO before the public subscription opens, to inspire confidence in the offering.
IPO Categories : IPOs in India are typically categorized into different groups based on the type of investor and the number of shares they can apply for. Here are the common IPO categories :
1. Qualified Institutional Buyers (QIBs) : This category includes foreign and domestic institutions like banks, mutual funds, insurance companies, pension funds etc. A significant portion of the IPO (around 50%) is reserved for QIBs.
2. Non-Institutional Investors (NIIs) : This includes high net-worth individuals (HNIs), corporate bodies, and non-institutional entities that do not fall under the QIB category. Around 15% of the IPO is reserved for NIIs.
3. Retail Individual Investors (RIIs) : This is the individual investor category consisting of Indian residents who place bids for shares worth up to ₹2 lakhs. Around 35% of shares are reserved for RIIs.
4. Employee Reservation Portion Employee Reservation Portion Some companies reserve a small portion of the IPO for subscription by their own employees. Allotment in this is made on a proportionate basis.
Within these broad categories, there can be further sub-categories based on the number of shares applied for :
Anchor Investors : Large QIBs that are allocated shares 1 day prior to the IPO opening. ii) High Net-worth Individuals (HNIs) within the NII category who apply for a large value.
The ratio of allocation across these categories is mentioned in the IPO prospectus. Pricing, lot sizes, and allotment ratios can differ across categories based on demand.