Top 10 IPOs 2024
Rankings of mainboard IPOs on NSE and BSE that closed in 2024: size, listing day, demand from each investor category and how they have done since listing. Listing figures are NSE's prices against the issue price.
Biggest IPOs
| # | IPO | Issue size |
|---|---|---|
| 1 | Hyundai Motor India Oct 2024 | ₹27,870 Cr |
| 2 | Swiggy Nov 2024 | ₹11,329 Cr |
| 3 | Vishal Mega Mart Dec 2024 | ₹8,432 Cr |
| 4 | Bajaj Housing Finance Sep 2024 | ₹6,958 Cr |
| 5 | Ola Electric Mobility Aug 2024 | ₹6,411 Cr |
| 6 | Waaree Energies Oct 2024 | ₹4,484 Cr |
| 7 | Bharti Hexacom Apr 2024 | ₹4,275 Cr |
| 8 | Brainbees Solutions Aug 2024 | ₹4,194 Cr |
| 9 | Aadhar Housing Finance May 2024 | ₹3,151 Cr |
| 10 | ACME Solar Holdings Nov 2024 | ₹3,049 Cr |
Best listings
| # | IPO | Listing gain |
|---|---|---|
| 1 | Vibhor Steel Tubes Feb 2024 | +181.5% |
| 2 | Mamata Machinery Dec 2024 | +146.9% |
| 3 | BLS E- Services Feb 2024 | +125.9% |
| 4 | Premier Energies Aug 2024 | +120.0% |
| 5 | KRN Heat Exchanger and Refrigeration Sep 2024 | +118.2% |
| 6 | Unicommerce eSolutions Aug 2024 | +117.6% |
| 7 | Bajaj Housing Finance Sep 2024 | +114.3% |
| 8 | Exicom Telesystems Feb 2024 | +86.6% |
| 9 | Unimech Aerospace and Manufacturing Dec 2024 | +86.0% |
| 10 | P N Gadgil Jewellers Sep 2024 | +72.9% |
Worst listings
| # | IPO | Listing gain |
|---|---|---|
| 1 | R K Swamy Mar 2024 | -13.2% |
| 2 | ACME Solar Holdings Nov 2024 | -13.2% |
| 3 | Godavari Biorefineries Oct 2024 | -12.5% |
| 4 | Gopal Snacks Mar 2024 | -12.5% |
| 5 | Capital Small Finance Bank Feb 2024 | -8.1% |
| 6 | Carraro India Dec 2024 | -7.5% |
| 7 | J G Chemicals Mar 2024 | -5.4% |
| 8 | Jana Small Finance Bank Feb 2024 | -4.3% |
| 9 | EPACK Durable Jan 2024 | -3.9% |
| 10 | Entero Healthcare Solutions Feb 2024 | -2.3% |
Highest day-1 high
| # | IPO | Day high vs issue |
|---|---|---|
| 1 | Vibhor Steel Tubes Feb 2024 | +195.5% |
| 2 | BLS E- Services Feb 2024 | +171.1% |
| 3 | Mamata Machinery Dec 2024 | +159.3% |
| 4 | Unicommerce eSolutions Aug 2024 | +137.0% |
| 5 | Bajaj Housing Finance Sep 2024 | +135.7% |
| 6 | KRN Heat Exchanger and Refrigeration Sep 2024 | +133.4% |
| 7 | Premier Energies Aug 2024 | +121.0% |
| 8 | Exicom Telesystems Feb 2024 | +93.3% |
| 9 | One MobiKwik Systems Dec 2024 | +89.2% |
| 10 | Unimech Aerospace and Manufacturing Dec 2024 | +89.2% |
Most subscribed overall
| # | IPO | Total |
|---|---|---|
| 1 | Vibhor Steel Tubes Feb 2024 | 299x |
| 2 | Manba Finance Sep 2024 | 224x |
| 3 | KRN Heat Exchanger and Refrigeration Sep 2024 | 214x |
| 4 | Gala Precision Engineering Sep 2024 | 201x |
| 5 | Mamata Machinery Dec 2024 | 195x |
| 6 | Unimech Aerospace and Manufacturing Dec 2024 | 175x |
| 7 | Unicommerce eSolutions Aug 2024 | 168x |
| 8 | BLS E- Services Feb 2024 | 162x |
| 9 | Orient Technologies Aug 2024 | 152x |
| 10 | Mukka Proteins Mar 2024 | 137x |
Most subscribed by institutions
| # | IPO | QIB |
|---|---|---|
| 1 | Unimech Aerospace and Manufacturing Dec 2024 | 318x |
| 2 | KRN Heat Exchanger and Refrigeration Sep 2024 | 253x |
| 3 | Mamata Machinery Dec 2024 | 236x |
| 4 | Gala Precision Engineering Sep 2024 | 233x |
| 5 | Stanley Lifestyles Jun 2024 | 222x |
| 6 | Premier Energies Aug 2024 | 217x |
| 7 | Bajaj Housing Finance Sep 2024 | 209x |
| 8 | Waaree Energies Oct 2024 | 209x |
| 9 | Interarch Building Products Aug 2024 | 205x |
| 10 | DEE Development Engineers Jun 2024 | 202x |
Most subscribed by HNIs
| # | IPO | NII |
|---|---|---|
| 1 | Vibhor Steel Tubes Feb 2024 | 721x |
| 2 | Manba Finance Sep 2024 | 512x |
| 3 | KRN Heat Exchanger and Refrigeration Sep 2024 | 432x |
| 4 | Gala Precision Engineering Sep 2024 | 415x |
| 5 | Saraswati Saree Depot Aug 2024 | 359x |
| 6 | Kronox Lab SciencesLimited Jun 2024 | 303x |
| 7 | Orient Technologies Aug 2024 | 301x |
| 8 | BLS E- Services Feb 2024 | 300x |
| 9 | Mamata Machinery Dec 2024 | 274x |
| 10 | Unimech Aerospace and Manufacturing Dec 2024 | 264x |
Most subscribed by retail
| # | IPO | Retail |
|---|---|---|
| 1 | BLS E- Services Feb 2024 | 237x |
| 2 | Vibhor Steel Tubes Feb 2024 | 188x |
| 3 | Manba Finance Sep 2024 | 144x |
| 4 | Mamata Machinery Dec 2024 | 138x |
| 5 | One MobiKwik Systems Dec 2024 | 135x |
| 6 | Unicommerce eSolutions Aug 2024 | 131x |
| 7 | Exicom Telesystems Feb 2024 | 120x |
| 8 | KRN Heat Exchanger and Refrigeration Sep 2024 | 98.3x |
| 9 | Gala Precision Engineering Sep 2024 | 91.9x |
| 10 | Senores Pharmaceuticals Dec 2024 | 90.5x |
Best since listing
| # | IPO | Now vs issue |
|---|---|---|
| 1 | KRN Heat Exchanger and Refrigeration Sep 2024 | +362.9% |
| 2 | Senores Pharmaceuticals Dec 2024 | +210.8% |
| 3 | Bharti Hexacom Apr 2024 | +187.3% |
| 4 | Jyoti CNC Automation Jan 2024 | +169.1% |
| 5 | DEE Development Engineers Jun 2024 | +163.5% |
| 6 | Rashi Peripherals Feb 2024 | +161.1% |
| 7 | J G Chemicals Mar 2024 | +159.9% |
| 8 | Sai Life Sciences Dec 2024 | +154.2% |
| 9 | Allied Blenders and Distillers Jun 2024 | +139.4% |
| 10 | Diffusion Engineers Sep 2024 | +134.7% |
Worst since listing
| # | IPO | Now vs issue |
|---|---|---|
| 1 | Deepak Builders & Engineers India Oct 2024 | -97.0% |
| 2 | Bansal Wire Industries Jul 2024 | -76.8% |
| 3 | Shree Tirupati Balajee Agro Trading Company Sep 2024 | -75.6% |
| 4 | R K Swamy Mar 2024 | -73.6% |
| 5 | Ecos (India) Mobility & Hospitality Aug 2024 | -70.1% |
| 6 | Popular Vehicles and Services Mar 2024 | -69.1% |
| 7 | Concord Enviro Systems Dec 2024 | -67.2% |
| 8 | Stanley Lifestyles Jun 2024 | -65.5% |
| 9 | Brainbees Solutions Aug 2024 | -64.9% |
| 10 | Tolins Tyres Sep 2024 | -63.8% |
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Important: The AI listing estimates on Flash Finance are statistical estimates drawn from
how past Indian IPOs have listed. They are not a forecast of what any IPO will do, not a recommendation to apply, buy or sell,
and not investment advice. Listing prices depend on market conditions on the listing day and can differ widely from any
estimate; past patterns may not repeat. Subscription figures are as published by NSE (bids on NSE and BSE together) and can be
revised. Flash Finance is not a SEBI-registered investment adviser or research analyst. Read the issue's Red Herring
Prospectus and consult a SEBI-registered adviser before you invest.
