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Top 10 SME IPOs with the highest listing profits 2023

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Many investors apply for SME IPO just to make quick profits with the listing. The report provides a list of the top 10 most profitable SME IPOs of 2023 that gave investors the highest listing day returns. Listing profit is the difference between the IPO's issue price and the share listing price.

Startups with strong growth potential, solid fundamentals, and proven and scalable business models are usually expected to list at a good premium. These companies attract a maximum number of investors to invest in SME IPO and due to high demand, the shares are expected to be listed at a premium. Investors simply invest their capital and book the profits on the day the securities are listed on the stock exchange.

Check out the top 10 most successful or best-performing SME IPOs in India 2023 by listing gains. The shares of these SMEs were listed at a hefty premium.

Top 10 SME IPOs with the highest listing profits 2023

IPO symbol Listing Date IPO Price Listing Gain LTP
Goyal Salt IPOGOYALSALT11-Oct-202338.00130.00(242.11%)198(421.05%)
Sungarner Energies IPOSEL31-Aug-202383.00250.00(201.20%)410.95(395.12%)
Trident Techlabs IPOTECHLABS29-Dec-202335.0098.15(180.43%)457.15(1206.14%)
Basilic Fly Studio IPOBASILIC11-Sep-202397.00271(179.38%)347.75(258.51%)
Oriana Power IPOORIANA11-Aug-2023118.00302.00(155.93%)2295.85(1845.64%)
Infollion Research Services IPOINFOLLION8-Jun-202382209.00(154.88%)215(162.20%)

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Anlon Technology Solutions IPOANLON10-Jan-2023100251.10(151.10%)390(290.00%)
C P S Shapers IPOCPS7-Sep-2023185.00450(143.24%)355(91.89%)
Srivari Spices and Foods IPOSSFL18-Aug-202342.00101.50(141.67%)301.65(618.21%)
Net Avenue Technologies IPOCBAZAAR8-Dec-202318.0042(133.33%)18.7(3.89%)

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