IPO Listing Gains in 2021: Mainboard and SME

Final for 2021: every IPO that listed in the year. Prices as of 25 Oct 2026.

122 IPOs listed on NSE and BSE in 2021: 66 mainboard and 56 SME. Across them, the average listing-day gain was +23.31% (median +4.73%), and 89 of the 122 IPOs with a listing price (73.0%) listed above their issue price.

IPOs listed
122
66 mainboard · 56 SME
Average listing gain
+23.31%
median +4.73%
Listed above issue
73.0%
89 of 122 · 29 below
Total raised
₹1.31 L Cr
mainboard ₹1.31 L Cr

Mainboard vs SME IPO listing gains

Mainboard: 66 listings, average +30.28%, median +11.19%, 69.7% above issue price. SME: 56 listings, average +15.09%, median +2.70%, 76.8% above issue price.

SegmentListedAverage gainMedian gainAbove / at / below issueAbove issue
Mainboard66+30.28%+11.19%46 / 1 / 1969.7%
SME56+15.09%+2.70%43 / 3 / 1076.8%
All IPOs122+23.31%+4.73%89 / 4 / 2973.0%

Listing gains by month

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

MonthListedAverage gainMedian gainAbove issue
Jan 20212+16.33%+16.33%1 of 2
Feb 20217+26.27%+18.18%6 of 7
Mar 202116+13.16%+1.31%11 of 16
Apr 20217+6.85%+2.50%4 of 7
May 20212+4.50%+4.50%2 of 2
Jun 20218+6.08%+2.46%6 of 8
Jul 20218+53.75%+52.90%7 of 8
Aug 202114+5.77%+1.94%8 of 14
Sep 202111+27.51%+8.64%9 of 11
Oct 202113+17.60%+5.00%12 of 13
Nov 202114+47.67%+8.42%9 of 14
Dec 202120+30.06%+5.33%14 of 20

Highest listing-day gains

IPOSegmentListedIssue priceListing priceListing gain
Vivo Collaboration SMESME31 Dec 2021₹82.00₹355.10+333.05%
Sigachi IndustriesMainboard15 Nov 2021₹163.00₹575.00+252.76%
Paras Defence and Space TechnologiesMainboard1 Oct 2021₹175.00₹475.00+171.43%
Latent View AnalyticsMainboard23 Nov 2021₹197.00₹530.00+169.04%
BEW Engineering SMESME16 Sep 2021₹58.00₹127.60+120.00%

Lowest listing-day gains

IPOSegmentListedIssue priceListing priceListing gain
Shriram PropertiesMainboard20 Dec 2021₹118.00₹94.00−20.34%
Markolines Traffic Controls SMESME27 Sep 2021₹78.00₹62.20−20.26%
Abhishek Integrations SMESME21 Jun 2021₹50.00₹40.00−20.00%
Nuvoco Vistas CorporationMainboard23 Aug 2021₹570.00₹471.00−17.37%
Kalyan JewellersMainboard26 Mar 2021₹87.00₹73.90−15.06%

Every IPO listed in 2021

122 issues, newest listing first. Listing price is the opening price on listing day; current price is the latest close, latest listing 31 Dec 2021.

IPOSegmentListedIssue priceListing priceListing gainCurrent priceSince issue
Brandbucket Media SMESME31 Dec 2021₹55.00₹55.25+0.45%——
CMS Info SystemsMainboard31 Dec 2021₹216.00₹218.50+1.16%₹202.31−6.34%
Vivo Collaboration SMESME31 Dec 2021₹82.00₹355.10+333.05%₹150.00+82.93%
Clara Industries SMESME29 Dec 2021₹43.00₹43.20+0.47%₹33.07+284.53%
Wherrelz IT Solutions SMESME29 Dec 2021₹171.00₹173.05+1.20%₹135.00−21.05%
Foce India SMESME28 Dec 2021₹225.00₹225.000.00%₹575.00+513.33%
Supriya LifescienceMainboard28 Dec 2021₹274.00₹425.00+55.11%₹818.55+198.74%
HP AdhesivesMainboard27 Dec 2021₹274.00₹319.00+16.42%₹29.93−45.38%
Data PatternsMainboard24 Dec 2021₹585.00₹864.00+47.69%₹3,792.20+548.24%
Eurobond SMESME24 Dec 2021₹70.00₹70.000.00%₹125.45+79.21%
Medplus HealthMainboard23 Dec 2021₹796.00₹1,015.00+27.51%₹595.15−25.23%
Nupur Recyclers SMESME23 Dec 2021₹60.00₹74.00+23.33%₹157.10+764.05%
Metro BrandsMainboard22 Dec 2021₹500.00₹436.00−12.80%₹819.30+63.86%
MapmyIndiaMainboard21 Dec 2021₹1,033.00₹1,581.00+53.05%₹820.30−20.59%
Shriram PropertiesMainboard20 Dec 2021₹118.00₹94.00−20.34%₹62.46−47.07%
RateGainMainboard17 Dec 2021₹425.00₹364.80−14.16%₹764.10+79.79%
Anand RathiMainboard14 Dec 2021₹550.00₹602.05+9.46%₹2,235.00+1,525.45%
Tega IndustriesMainboard13 Dec 2021₹453.00₹753.00+66.23%₹1,723.50+280.46%
Star HealthMainboard10 Dec 2021₹900.00₹848.80−5.69%₹530.35−41.07%
DMR Hydroengineering SMESME7 Dec 2021₹21.00₹25.00+19.05%₹34.10+322.19%
Go FashionMainboard30 Nov 2021₹690.00₹1,316.00+90.72%₹253.40−63.28%
Omnipotent Industries SMESME29 Nov 2021₹63.00₹99.00+57.14%₹3.35−94.68%
Tarsons ProductsMainboard26 Nov 2021₹662.00₹700.00+5.74%₹300.00−54.68%
Latent View AnalyticsMainboard23 Nov 2021₹197.00₹530.00+169.04%₹221.86+12.62%
PaytmMainboard18 Nov 2021₹2,150.00₹1,955.00−9.07%₹1,616.10−24.83%
Sapphire Foods IndiaMainboard18 Nov 2021₹1,180.00₹1,311.00+11.10%₹195.51−17.16%
Suyog Gurbaxani Funicular Ropeways SMESME16 Nov 2021₹45.00₹45.45+1.00%₹85.00+88.89%
PolicybazaarMainboard15 Nov 2021₹980.00₹1,150.00+17.35%₹1,015.00+3.57%
SJS EnterprisesMainboard15 Nov 2021₹542.00₹540.00−0.37%₹1,873.50+245.66%
Sigachi IndustriesMainboard15 Nov 2021₹163.00₹575.00+252.76%₹25.11+54.05%
Fino Payments BankMainboard12 Nov 2021₹577.00₹548.00−5.03%₹121.54−78.94%
Nidan Healthcare SMESME12 Nov 2021₹125.00₹123.90−0.88%₹12.30−90.16%
NykaaMainboard10 Nov 2021₹1,125.00₹2,001.00+77.87%₹319.30+70.29%
Kotyark Industries SMESME2 Nov 2021₹51.00₹51.000.00%₹32.54−36.20%
DK Enterprises Global SMESME22 Oct 2021₹40.00₹42.00+5.00%₹69.50+73.75%
Adishakti Loha and Ispat SMESME13 Oct 2021₹11.00₹12.00+9.09%₹11.08+0.73%
CWD Limited SMESME13 Oct 2021₹180.00₹180.90+0.50%₹268.60+646.11%
Destiny Logistics & Infra SMESME13 Oct 2021₹20.00₹20.70+3.50%₹95.65+378.25%
Dynamic Services & Security SMESME13 Oct 2021₹51.00₹53.00+3.92%₹117.65+130.69%
Samor Reality SMESME13 Oct 2021₹62.00₹64.80+4.52%₹20.71−66.60%
Bombay Metrics Supply Chain SMESME12 Oct 2021₹93.00₹98.30+5.70%₹39.00+235.48%
Promax Power SMESME12 Oct 2021₹10.00₹11.00+10.00%₹15.26+205.20%
Aditya Birla AMCMainboard11 Oct 2021₹712.00₹712.000.00%₹889.05+24.87%
Shri Venkatesh Refineries SMESME11 Oct 2021₹40.00₹42.00+5.00%₹756.00+3,680.00%
Getalong EnterpriseSME8 Oct 2021₹69.00₹73.05+5.87%₹4.46−35.36%
Jainam Ferro Alloys SMESME8 Oct 2021₹70.00₹73.00+4.29%₹201.00+187.14%
Paras Defence and Space TechnologiesMainboard1 Oct 2021₹175.00₹475.00+171.43%₹1,177.20+1,245.37%
Quadpro ITES SMESME30 Sep 2021₹20.00₹19.80−1.00%₹4.00−60.00%
SBL Infratech SMESME28 Sep 2021₹111.00₹130.00+17.12%₹49.10−55.77%
Markolines Traffic Controls SMESME27 Sep 2021₹78.00₹62.20−20.26%₹169.82+117.72%
Prevest Denpro SMESME27 Sep 2021₹84.00₹180.55+114.94%₹377.55+349.46%
Sansera EngineeringMainboard24 Sep 2021₹744.00₹811.35+9.05%₹3,978.00+434.68%
BEW Engineering SMESME16 Sep 2021₹58.00₹127.60+120.00%₹46.65+221.72%
PlatinumOne Business Services SMESME16 Sep 2021₹92.00₹99.95+8.64%₹140.00+52.17%
Naapbooks SMESME15 Sep 2021₹74.00₹77.00+4.05%₹155.00+528.38%
Ami OrganicsMainboard14 Sep 2021₹610.00₹902.00+47.87%₹3,137.70+928.75%
Vijaya DiagnosticMainboard14 Sep 2021₹531.00₹542.30+2.13%₹1,389.40+161.66%
Aashka Hospitals SMESME1 Sep 2021₹121.00₹121.10+0.08%₹92.60−23.47%
DU Digital Technologies SMESME26 Aug 2021₹65.00₹60.00−7.69%——
Aptus Value Housing FinanceMainboard24 Aug 2021₹353.00₹329.95−6.53%₹196.47−44.34%
Chemplast SanmarMainboard24 Aug 2021₹541.00₹525.00−2.96%₹183.17−66.14%
Nuvoco Vistas CorporationMainboard23 Aug 2021₹570.00₹471.00−17.37%₹330.60−42.00%
CarTrade TechMainboard20 Aug 2021₹1,618.00₹1,600.00−1.11%₹2,820.30+74.31%
Devyani InternationalMainboard16 Aug 2021₹90.00₹141.00+56.67%₹117.38+30.42%
Exxaro TilesMainboard16 Aug 2021₹120.00₹126.00+5.00%₹6.47−46.08%
Krsnaa DiagnosticsMainboard16 Aug 2021₹954.00₹1,025.00+7.44%₹498.40−47.76%
Windlas BiotechMainboard16 Aug 2021₹460.00₹439.00−4.57%₹872.70+89.72%
Network People Services Technologies SMESME10 Aug 2021₹80.00₹83.95+4.94%₹1,648.30+6,081.13%
Rex Pipes and Cables SMESME10 Aug 2021₹26.00₹26.70+2.69%——
Gretex Corporate Services SMESME9 Aug 2021₹170.00₹172.00+1.18%₹726.20+7,204.72%
Rolex RingsMainboard9 Aug 2021₹900.00₹1,249.00+38.78%₹155.03+72.26%
Glenmark Life SciencesMainboard6 Aug 2021₹720.00₹751.10+4.32%₹1,250.60+73.69%
Tatva Chintan PharmaMainboard29 Jul 2021₹1,083.00₹2,111.80+95.00%₹1,569.30+44.90%
ZomatoMainboard23 Jul 2021₹76.00₹115.00+51.32%₹317.40+317.63%
AA Plus TradelinkSME22 Jul 2021₹18.00₹17.50−2.78%₹0.78−56.67%
Clean Science and TechnologyMainboard19 Jul 2021₹900.00₹1,784.40+98.27%₹713.50−20.72%
G R InfraprojectsMainboard19 Jul 2021₹837.00₹1,700.00+103.11%₹788.40−5.81%
Focus Business Solution SMESME13 Jul 2021₹19.00₹29.35+54.47%₹300.00+4,390.53%
Walpar Nutritions SMESME13 Jul 2021₹55.00₹59.95+9.00%₹26.10−5.09%
India PesticidesMainboard5 Jul 2021₹296.00₹360.00+21.62%₹115.94−60.83%
Times Green Energy SMESME30 Jun 2021₹61.00₹61.40+0.66%₹64.01+109.87%
Adeshwar Meditex SMESME28 Jun 2021₹25.00₹25.25+1.00%₹18.75−25.00%
Dodla DairyMainboard28 Jun 2021₹428.00₹528.00+23.36%₹971.40+126.96%
Krishna Institute of Medical SciencesMainboard28 Jun 2021₹825.00₹1,008.90+22.29%₹665.15+303.12%
Navoday Enterprises SMESME25 Jun 2021₹20.00₹19.50−2.50%——
Shyam Metalics and EnergyMainboard24 Jun 2021₹306.00₹367.00+19.93%₹1,131.30+269.71%
Sona ComstarMainboard24 Jun 2021₹291.00₹302.40+3.92%₹752.85+158.71%
Abhishek Integrations SMESME21 Jun 2021₹50.00₹40.00−20.00%₹13.00−48.00%
Powergrid InvITMainboard14 May 2021₹100.00₹104.00+4.00%₹102.77+2.67%
Kuberan Global Edu Solutions SMESME5 May 2021₹20.00₹21.00+5.00%₹34.00+70.00%
Jetmall Spices and Masala SMESME19 Apr 2021₹20.00₹20.50+2.50%——
Lodha DevelopersMainboard19 Apr 2021₹486.00₹439.00−9.67%₹963.00+296.30%
Rajeshwari Cans SMESME15 Apr 2021₹20.00₹20.75+3.75%₹15.20+52.00%
V-Marc India SMESME9 Apr 2021₹39.00₹46.50+19.23%₹262.80+573.85%
Barbeque NationMainboard7 Apr 2021₹500.00₹492.00−1.60%₹604.25+20.85%
EKI Energy Services SMESME7 Apr 2021₹102.00₹140.00+37.25%₹76.35+199.41%
Siddhika Coatings SMESME7 Apr 2021₹57.00₹55.00−3.51%₹194.00+580.70%
NIKS Technology SMESME31 Mar 2021₹201.00₹202.10+0.55%₹449.65+123.71%
Nazara TechnologiesMainboard30 Mar 2021₹1,101.00₹1,971.00+79.02%₹402.15+192.21%
Kalyan JewellersMainboard26 Mar 2021₹87.00₹73.90−15.06%₹512.00+488.51%
Suryoday Small Finance BankMainboard26 Mar 2021₹305.00₹293.00−3.93%₹132.49−56.56%
Craftsman AutomationMainboard25 Mar 2021₹1,490.00₹1,350.00−9.40%₹10,488.00+603.89%
Laxmi OrganicMainboard25 Mar 2021₹130.00₹156.20+20.15%₹150.46+15.74%
Anupam RasayanMainboard24 Mar 2021₹555.00₹534.70−3.66%₹1,101.60+98.49%
Knowledge Marine & Engineering WorksSME22 Mar 2021₹37.00₹38.00+2.70%₹3,149.70+16,925.41%
Rangoli Tradecomm SMESME22 Mar 2021₹207.00₹211.00+1.93%——
Easy Trip PlannersMainboard19 Mar 2021₹187.00₹206.00+10.16%₹5.57−4.68%
Ashapuri Gold OrnamentSME17 Mar 2021₹81.00₹75.00−7.41%₹6.71−17.16%
ADJIA Technologies SMESME15 Mar 2021₹74.00₹74.50+0.68%₹64.50−12.84%
MTAR TechnologiesMainboard15 Mar 2021₹575.00₹1,063.90+85.03%₹6,460.00+1,023.48%
Pavna IndustriesSME9 Mar 2021₹165.00₹165.60+0.36%₹14.33+73.70%
Heranba Industries LimitedMainboard5 Mar 2021₹627.00₹900.00+43.54%₹147.26−76.51%
Party Cruisers SMESME5 Mar 2021₹51.00₹54.00+5.88%₹92.00+260.78%
RailTelMainboard26 Feb 2021₹94.00₹104.60+11.28%₹229.00+143.62%
Nureca LimitedMainboard25 Feb 2021₹400.00₹634.95+58.74%₹316.70−20.83%
MRP Agro SMESME18 Feb 2021₹40.00₹39.75−0.63%₹89.95+574.63%
Brookfield IndiaMainboard16 Feb 2021₹275.00₹275.05+0.02%₹302.07+10.71%
Stove KraftMainboard5 Feb 2021₹385.00₹467.00+21.30%₹792.25+105.78%
HFFC LimitedMainboard3 Feb 2021₹518.00₹612.15+18.18%₹1,002.00+93.44%
Indigo PaintsMainboard2 Feb 2021₹1,490.00₹2,607.50+75.00%₹1,013.90−31.95%
IRFCMainboard29 Jan 2021₹26.00₹25.00−3.85%₹74.45+186.35%
Antony Waste LtdMainboard1 Jan 2021₹315.00₹430.00+36.51%₹280.50−10.95%

Methodology

  • Covers every IPO whose shares were listed on NSE or BSE between 1 Jan 2021 and 31 Dec 2021, 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.