IPO Listing Gains in 2019: Mainboard and SME
Final for 2019: every IPO that listed in the year. Prices as of 25 Oct 2026.
65 IPOs listed on NSE and BSE in 2019: 17 mainboard and 48 SME. Across them, the average listing-day gain was +5.07% (median +1.39%), and 41 of the 65 IPOs with a listing price (63.1%) listed above their issue price.
- IPOs listed
- 65
- 17 mainboard · 48 SME
- Average listing gain
- +5.07%
- median +1.39%
- Listed above issue
- 63.1%
- 41 of 65 · 13 below
- Total raised
- ₹2,318 Cr
- mainboard ₹2,294 Cr
Mainboard vs SME IPO listing gains
Mainboard: 17 listings, average +14.58%, median +3.93%, 58.8% above issue price. SME: 48 listings, average +1.70%, median +1.22%, 64.6% above issue price.
| Segment | Listed | Average gain | Median gain | Above / at / below issue | Above issue |
|---|---|---|---|---|---|
| Mainboard | 17 | +14.58% | +3.93% | 10 / 2 / 5 | 58.8% |
| SME | 48 | +1.70% | +1.22% | 31 / 9 / 8 | 64.6% |
| All IPOs | 65 | +5.07% | +1.39% | 41 / 11 / 13 | 63.1% |
Listing gains by month
By listing date. Averages cover issues with a recorded listing price.
| Month | Listed | Average gain | Median gain | Above issue |
|---|---|---|---|---|
| Jan 2019 | 2 | +1.34% | +1.34% | 2 of 2 |
| Feb 2019 | 8 | +1.75% | +1.97% | 5 of 8 |
| Mar 2019 | 5 | −3.53% | −0.15% | 0 of 5 |
| Apr 2019 | 10 | +3.38% | +1.32% | 7 of 10 |
| May 2019 | 7 | +6.85% | +3.73% | 7 of 7 |
| Jun 2019 | 2 | −4.89% | −4.89% | 0 of 2 |
| Jul 2019 | 8 | +2.35% | 0.00% | 3 of 8 |
| Aug 2019 | 4 | +3.83% | +0.38% | 2 of 4 |
| Sep 2019 | 4 | +0.18% | 0.00% | 1 of 4 |
| Oct 2019 | 8 | +16.00% | +3.02% | 8 of 8 |
| Nov 2019 | 2 | +2.92% | +2.92% | 2 of 2 |
| Dec 2019 | 5 | +17.92% | +1.11% | 4 of 5 |
Highest listing-day gains
| IPO | Segment | Listed | Issue price | Listing price | Listing gain |
|---|---|---|---|---|---|
| IRCTC | Mainboard | 14 Oct 2019 | ₹320.00 | ₹644.00 | +101.25% |
| Ujjivan Bank | Mainboard | 12 Dec 2019 | ₹37.00 | ₹58.00 | +56.76% |
| CSB Bank | Mainboard | 4 Dec 2019 | ₹195.00 | ₹275.00 | +41.03% |
| Affle India | Mainboard | 8 Aug 2019 | ₹745.00 | ₹929.90 | +24.82% |
| Indiamart Intermesh | Mainboard | 4 Jul 2019 | ₹973.00 | ₹1,180.00 | +21.27% |
Lowest listing-day gains
| IPO | Segment | Listed | Issue price | Listing price | Listing gain |
|---|---|---|---|---|---|
| Xelpmoc Design and Tech | Mainboard | 4 Feb 2019 | ₹66.00 | ₹56.00 | −15.15% |
| Sterling & Wilson Renewable Energy | Mainboard | 20 Aug 2019 | ₹780.00 | ₹700.00 | −10.26% |
| Prince Pipes | Mainboard | 30 Dec 2019 | ₹178.00 | ₹160.00 | −10.11% |
| Gleam Fabmat | SME | 5 Mar 2019 | ₹10.00 | ₹9.00 | −10.00% |
| Suich Industries | SME | 13 Jun 2019 | ₹75.00 | ₹68.50 | −8.67% |
Every IPO listed in 2019
65 issues, newest listing first. Listing price is the opening price on listing day; current price is the latest close, latest listing 30 Dec 2019.
| IPO | Segment | Listed | Issue price | Listing price | Listing gain | Current price | Since issue |
|---|---|---|---|---|---|---|---|
| Prince Pipes | Mainboard | 30 Dec 2019 | ₹178.00 | ₹160.00 | −10.11% | ₹251.00 | +41.01% |
| DC Infotech SME | SME | 27 Dec 2019 | ₹45.00 | ₹45.50 | +1.11% | ₹334.15 | +1,385.11% |
| Ujjivan Bank | Mainboard | 12 Dec 2019 | ₹37.00 | ₹58.00 | +56.76% | ₹58.10 | +57.03% |
| Ascom Leasing & Investments SME | SME | 6 Dec 2019 | ₹30.00 | ₹30.25 | +0.83% | ₹187.45 | +837.25% |
| CSB Bank | Mainboard | 4 Dec 2019 | ₹195.00 | ₹275.00 | +41.03% | ₹311.80 | +59.90% |
| Mangalam Global Enterprise | SME | 27 Nov 2019 | ₹51.00 | ₹53.00 | +3.92% | — | — |
| Anuroop Packaging SME | SME | 21 Nov 2019 | ₹13.00 | ₹13.25 | +1.92% | ₹7.99 | −38.54% |
| Gensol Engineering | SME | 15 Oct 2019 | ₹83.00 | ₹85.40 | +2.89% | ₹10.71 | −48.29% |
| Goblin India | SME | 15 Oct 2019 | ₹52.00 | ₹55.00 | +5.77% | ₹11.21 | −78.44% |
| Sona Hi Sona Jewellers SME | SME | 15 Oct 2019 | ₹10.00 | ₹11.15 | +11.50% | ₹104.00 | +940.00% |
| Vishwaraj Sugar Industries | Mainboard | 15 Oct 2019 | ₹60.00 | ₹61.20 | +2.00% | — | — |
| IRCTC | Mainboard | 14 Oct 2019 | ₹320.00 | ₹644.00 | +101.25% | — | — |
| Galactico Corporate Services | SME | 9 Oct 2019 | ₹23.00 | ₹23.20 | +0.87% | — | — |
| Misquita Engineering | SME | 4 Oct 2019 | ₹27.00 | ₹27.85 | +3.15% | ₹62.00 | +129.63% |
| Shiv Aum Steels | SME | 1 Oct 2019 | ₹44.00 | ₹44.25 | +0.57% | ₹540.00 | +1,127.27% |
| Novateor Research Laboratories | SME | 13 Sep 2019 | ₹24.00 | ₹24.00 | 0.00% | ₹38.00 | +58.33% |
| Salasar Exteriors & Contour | SME | 12 Sep 2019 | ₹36.00 | ₹36.00 | 0.00% | — | — |
| Alphalogic Techsys | SME | 5 Sep 2019 | ₹84.00 | ₹83.00 | −1.19% | — | — |
| Transpact Enterprises | SME | 5 Sep 2019 | ₹130.00 | ₹132.50 | +1.92% | ₹99.16 | −23.72% |
| Sterling & Wilson Renewable Energy | Mainboard | 20 Aug 2019 | ₹780.00 | ₹700.00 | −10.26% | ₹142.13 | −81.78% |
| Spandana Sphoorty Financial | Mainboard | 19 Aug 2019 | ₹856.00 | ₹824.00 | −3.74% | ₹178.18 | −79.18% |
| Affle India | Mainboard | 8 Aug 2019 | ₹745.00 | ₹929.90 | +24.82% | — | — |
| Wonder Fibromats | SME | 6 Aug 2019 | ₹89.00 | ₹93.00 | +4.49% | — | — |
| S K International Export | SME | 15 Jul 2019 | ₹20.00 | ₹19.20 | −4.00% | — | — |
| A B Infrabuild | SME | 12 Jul 2019 | ₹29.00 | ₹29.00 | 0.00% | — | — |
| City Pulse Multiventures | SME | 11 Jul 2019 | ₹30.00 | ₹28.50 | −5.00% | ₹107.97 | +259.90% |
| Earum Pharmaceuticals | SME | 4 Jul 2019 | ₹36.00 | ₹36.00 | 0.00% | — | — |
| Indiamart Intermesh | Mainboard | 4 Jul 2019 | ₹973.00 | ₹1,180.00 | +21.27% | ₹1,572.80 | +223.29% |
| SBC Exports | SME | 4 Jul 2019 | ₹22.00 | ₹22.00 | 0.00% | — | — |
| Anand Rayons | SME | 2 Jul 2019 | ₹27.00 | ₹28.25 | +4.63% | ₹30.96 | +14.67% |
| Parshva Enterprises | SME | 1 Jul 2019 | ₹45.00 | ₹45.85 | +1.89% | ₹210.05 | +1,323.67% |
| Meera Industries | SME | 26 Jun 2019 | ₹225.00 | ₹222.50 | −1.11% | — | — |
| Suich Industries | SME | 13 Jun 2019 | ₹75.00 | ₹68.50 | −8.67% | — | — |
| Cian Healthcare | SME | 23 May 2019 | ₹61.00 | ₹62.00 | +1.64% | — | — |
| Par Drugs & Chemicals | SME | 16 May 2019 | ₹51.00 | ₹52.90 | +3.73% | ₹103.43 | +305.61% |
| Artemis Electricals | SME | 14 May 2019 | ₹60.00 | ₹70.00 | +16.67% | — | — |
| Evans Electric | SME | 13 May 2019 | ₹52.00 | ₹52.20 | +0.38% | ₹76.99 | +492.23% |
| White Organic Retail | SME | 10 May 2019 | ₹63.00 | ₹64.20 | +1.90% | — | — |
| G K P Printing & Packaging | SME | 8 May 2019 | ₹32.00 | ₹34.20 | +6.88% | ₹6.20 | −41.87% |
| Neogen Chemicals | Mainboard | 8 May 2019 | ₹215.00 | ₹251.00 | +16.74% | ₹2,173.70 | +911.02% |
| V R Films & Studios | SME | 30 Apr 2019 | ₹61.00 | ₹62.00 | +1.64% | ₹11.50 | +50.82% |
| Jinaam"s Dress" | SME | 25 Apr 2019 | ₹59.00 | ₹59.00 | 0.00% | — | — |
| Polycab India | Mainboard | 16 Apr 2019 | ₹538.00 | ₹633.00 | +17.66% | ₹7,440.00 | +1,282.90% |
| Metropolis Healthcare | Mainboard | 15 Apr 2019 | ₹880.00 | ₹960.00 | +9.09% | ₹522.95 | +137.70% |
| KHFM Hospitality & Facility Mgt. Services | SME | 12 Apr 2019 | ₹36.00 | ₹36.50 | +1.39% | ₹34.20 | −1.83% |
| Rail Vikas Nigam | Mainboard | 11 Apr 2019 | ₹19.00 | ₹19.00 | 0.00% | ₹181.31 | +854.26% |
| Osia Hyper Retail | SME | 5 Apr 2019 | ₹252.00 | ₹255.00 | +1.19% | — | — |
| Northern Spirits | SME | 4 Apr 2019 | ₹43.00 | ₹43.70 | +1.63% | ₹109.80 | +155.35% |
| Embassy Office Parks REIT | Mainboard | 1 Apr 2019 | ₹300.00 | ₹300.00 | 0.00% | — | — |
| Roopshri Resorts | SME | 1 Apr 2019 | ₹20.00 | ₹20.25 | +1.25% | — | — |
| MSTC | Mainboard | 29 Mar 2019 | ₹120.00 | ₹111.00 | −7.50% | ₹573.20 | +377.67% |
| Humming Bird Education | SME | 28 Mar 2019 | ₹132.00 | ₹132.00 | 0.00% | — | — |
| Aartech Solonics | SME | 27 Mar 2019 | ₹34.00 | ₹33.95 | −0.15% | — | — |
| Mahip Industries | SME | 12 Mar 2019 | ₹32.00 | ₹32.00 | 0.00% | ₹16.02 | −49.94% |
| Gleam Fabmat | SME | 5 Mar 2019 | ₹10.00 | ₹9.00 | −10.00% | — | — |
| Kranti Industries | SME | 28 Feb 2019 | ₹37.00 | ₹35.25 | −4.73% | ₹48.40 | +56.97% |
| Mindpool Technologies | SME | 28 Feb 2019 | ₹30.00 | ₹30.00 | 0.00% | — | — |
| Jonjua Overseas | SME | 25 Feb 2019 | ₹10.00 | ₹12.00 | +20.00% | ₹2.79 | −44.85% |
| Anmol India | SME | 21 Feb 2019 | ₹33.00 | ₹33.60 | +1.82% | ₹11.17 | +69.24% |
| Chalet Hotels | Mainboard | 7 Feb 2019 | ₹280.00 | ₹291.00 | +3.93% | ₹789.40 | +181.93% |
| Ritco Logistics | SME | 7 Feb 2019 | ₹73.00 | ₹77.40 | +6.03% | ₹257.80 | +253.15% |
| Surani Steel Tubes | SME | 6 Feb 2019 | ₹52.00 | ₹53.10 | +2.12% | ₹120.00 | +130.77% |
| Xelpmoc Design and Tech | Mainboard | 4 Feb 2019 | ₹66.00 | ₹56.00 | −15.15% | ₹78.00 | +18.18% |
| K P I Global Infrastructure | SME | 22 Jan 2019 | ₹80.00 | ₹80.80 | +1.00% | — | — |
| Axita Cotton | SME | 10 Jan 2019 | ₹60.00 | ₹61.00 | +1.67% | — | — |
Methodology
- Covers every IPO whose shares were listed on NSE or BSE between 1 Jan 2019 and 31 Dec 2019, mainboard and SME, one row per issue. An issue listed on both exchanges counts once.
- Listing-day gain is the listing price (the price at which the shares opened on their first trading day) over the final issue price. The current price is the latest close; the return since issue is adjusted for any split or bonus after listing.
- Averages, medians and the share above issue price cover issues with a recorded listing price; an issue without one is counted in the listings total but not in the averages.
- Mainboard and SME are the two exchange segments; together they make up the total. An issue withdrawn before listing (no shares allotted or traded) is not counted, even if a listing date had been announced.
- Issue size is the total offer in ₹ crore as disclosed. Subscription is the overall times subscribed at the close of bidding.
Past listing-day performance says nothing about how a future IPO will list or trade. This is historical data, not investment advice and not a recommendation to apply for, buy or sell any security. Tapetide is not a SEBI-registered research analyst or investment adviser. Markdown version.