IPO Listing Gains in 2020: Mainboard and SME

Final for 2020: every IPO that listed in the year. Prices as of 25 Oct 2026.

47 IPOs listed on NSE and BSE in 2020: 16 mainboard and 31 SME. Across them, the average listing-day gain was +13.73% (median +1.40%), and 30 of the 47 IPOs with a listing price (63.8%) listed above their issue price.

IPOs listed
47
16 mainboard · 31 SME
Average listing gain
+13.73%
median +1.40%
Listed above issue
63.8%
30 of 47 · 8 below
Total raised
₹46,012 Cr
mainboard ₹45,813 Cr

Mainboard vs SME IPO listing gains

Mainboard: 16 listings, average +38.72%, median +18.41%, 75.0% above issue price. SME: 31 listings, average +0.83%, median +0.63%, 58.1% above issue price.

SegmentListedAverage gainMedian gainAbove / at / below issueAbove issue
Mainboard16+38.72%+18.41%12 / 0 / 475.0%
SME31+0.83%+0.63%18 / 9 / 458.1%
All IPOs47+13.73%+1.40%30 / 9 / 863.8%

Listing gains by month

By listing date. Averages cover issues with a recorded listing price.

MonthListedAverage gainMedian gainAbove issue
Jan 20204+0.79%+0.70%3 of 4
Feb 20205+3.55%+1.40%4 of 5
Mar 20204−3.21%0.00%0 of 4
Apr 20203+1.72%+2.16%2 of 3
Jun 20201−0.27%−0.27%0 of 1
Jul 20204+9.27%+2.23%3 of 4
Aug 20203+4.52%+3.00%2 of 3
Sep 20203+71.87%+102.29%3 of 3
Oct 202014+13.61%+1.43%8 of 14
Nov 20203+2.86%+1.25%2 of 3
Dec 20203+55.57%+73.96%3 of 3

Highest listing-day gains

IPOSegmentListedIssue priceListing priceListing gain
ChemconMainboard1 Oct 2020₹340.00₹730.95+114.99%
Happiest MindsMainboard17 Sep 2020₹166.00₹351.00+111.45%
Route MobileMainboard21 Sep 2020₹350.00₹708.00+102.29%
Burger KingMainboard14 Dec 2020₹60.00₹115.35+92.25%
Mrs. Bectors FoodMainboard24 Dec 2020₹288.00₹501.00+73.96%

Lowest listing-day gains

IPOSegmentListedIssue priceListing priceListing gain
Bonlon Industries SMESME13 Jul 2020₹28.00₹21.00−25.00%
SBI CardsMainboard16 Mar 2020₹755.00₹658.00−12.85%
UTI AMCMainboard12 Oct 2020₹554.00₹490.25−11.51%
Angel BrokingMainboard5 Oct 2020₹306.00₹275.00−10.13%
Equitas SFBMainboard2 Nov 2020₹33.00₹31.00−6.06%

Every IPO listed in 2020

47 issues, newest listing first. Listing price is the opening price on listing day; current price is the latest close, latest listing 24 Dec 2020.

IPOSegmentListedIssue priceListing priceListing gainCurrent priceSince issue
Mrs. Bectors FoodMainboard24 Dec 2020₹288.00₹501.00+73.96%——
Burger KingMainboard14 Dec 2020₹60.00₹115.35+92.25%₹88.25+47.08%
Net Pix Shorts SMESME2 Dec 2020₹30.00₹30.15+0.50%——
Gland PharmaMainboard20 Nov 2020₹1,500.00₹1,701.00+13.40%₹2,826.80+88.45%
Equitas SFBMainboard2 Nov 2020₹33.00₹31.00−6.06%₹65.78+99.33%
Shine Fashions SMESME2 Nov 2020₹40.00₹40.50+1.25%——
Bodhi Tree Multimedia SMESME21 Oct 2020₹95.00₹95.000.00%——
Sigma Solve SMESME19 Oct 2020₹45.00₹46.00+2.22%——
Veer Global Infraconstruction SMESME19 Oct 2020₹28.00₹31.00+10.71%₹135.00+864.29%
Atal Realtech SMESME15 Oct 2020₹72.00₹70.20−2.50%——
Likhitha InfrastructureMainboard15 Oct 2020₹120.00₹130.10+8.42%——
GM Polyplast SMESME14 Oct 2020₹159.00₹160.00+0.63%₹65.00+186.16%
AAA Technologies SMESME13 Oct 2020₹42.00₹44.50+5.95%₹102.24+265.14%
Mazagon DockMainboard12 Oct 2020₹145.00₹216.25+49.14%——
UTI AMCMainboard12 Oct 2020₹554.00₹490.25−11.51%₹817.05+47.48%
ATAM Valves SMESME6 Oct 2020₹40.00₹40.000.00%₹50.71+153.55%
Angel BrokingMainboard5 Oct 2020₹306.00₹275.00−10.13%——
CAMSMainboard1 Oct 2020₹1,230.00₹1,518.00+23.41%——
ChemconMainboard1 Oct 2020₹340.00₹730.95+114.99%₹197.61−41.88%
SecMark SMESME1 Oct 2020₹135.00₹134.00−0.74%₹139.87+159.02%
Advait Infratech SMESME28 Sep 2020₹51.00₹51.95+1.86%₹1,580.50+6,098.04%
Route MobileMainboard21 Sep 2020₹350.00₹708.00+102.29%₹416.00+18.86%
Happiest MindsMainboard17 Sep 2020₹166.00₹351.00+111.45%₹301.15+81.42%
Trekkingtoes SMESME28 Aug 2020₹105.00₹105.000.00%——
Suratwwala Business SMESME13 Aug 2020₹15.00₹15.45+3.00%——
Mindspace REITMainboard7 Aug 2020₹275.00₹304.00+10.55%——
Yes BankMainboard27 Jul 2020₹12.00₹12.30+2.50%₹15.80+31.67%
Rossari BiotechMainboard23 Jul 2020₹425.00₹670.00+57.65%₹414.70−2.42%
Bonlon Industries SMESME13 Jul 2020₹28.00₹21.00−25.00%₹37.48+33.86%
Ksolves IndiaSME6 Jul 2020₹100.00₹101.95+1.95%——
Billwin Industries SMESME30 Jun 2020₹37.00₹36.90−0.27%₹52.10+40.81%
Nirmitee Robotics SMESME21 Apr 2020₹185.00₹189.00+2.16%——
Laxmi Goldorna SMESME16 Apr 2020₹15.00₹15.000.00%₹214.92+3,338.72%
DJ Mediaprint SMESME13 Apr 2020₹20.00₹20.60+3.00%₹68.31+1,949.30%
Cospower Engineering SMESME30 Mar 2020₹51.00₹51.000.00%₹2,995.00+5,772.55%
RO Jewels SMESME25 Mar 2020₹36.00₹36.000.00%——
SBI CardsMainboard16 Mar 2020₹755.00₹658.00−12.85%₹545.55−27.74%
SM Auto Stamping SMESME16 Mar 2020₹18.00₹18.000.00%₹30.00+66.67%
ICL Organic Dairy Products SMESME17 Feb 2020₹20.00₹20.80+4.00%——
Chandra Bhagat Pharma SMESME14 Feb 2020₹51.00₹51.70+1.37%₹39.00−23.53%
Janus SMESME6 Feb 2020₹50.00₹50.70+1.40%——
Madhav Copper SMESME6 Feb 2020₹102.00₹102.000.00%₹48.62−52.33%
Tranway Technologies SMESME5 Feb 2020₹10.00₹11.10+11.00%——
HindPrakash Industries SMESME27 Jan 2020₹40.00₹40.70+1.75%₹114.46+186.15%
Gian Life Care SMESME13 Jan 2020₹22.00₹22.000.00%₹4.20−58.00%
Vaxtex CotfabSME13 Jan 2020₹24.00₹24.10+0.42%——
Valencia Nutrition SMESME6 Jan 2020₹46.00₹46.45+0.98%₹63.90+38.91%

Methodology

  • Covers every IPO whose shares were listed on NSE or BSE between 1 Jan 2020 and 31 Dec 2020, 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.