FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

10 largest SME IPOs in India in 2024 by issue size

Report List >

The issue size is the amount of total capital that a company has raised by issuing shares to the public. The report lists the top 10 largest SME IPOs in India in 2024 by issue size. These companies raised the most capital by issuing shares to the public.

The issue size is a key component that differentiates mainboard IPOs and SME IPO. The initial share offering of a small and medium-sized company has a smaller issue size than that of a large company (mainboard IPO). This is because SMEs are in the initial stages of growth and have lower capital requirements.

SMEs are the backbone of India's economy as they contribute significantly to economic growth. Therefore, to promote the growth of SMEs, BSE and NSE have set up SME listing exchanges. They provide a platform for SMEs to raise adequate capital to finance their growth and expansion.

Below are the 10 largest or most popular SME IPOs on the NSE Emerge and BSE SME exchanges that raised the most capital in 2024. We include all SME IPOs that listed their securities in the SME segment on one of these exchanges.

Top 10 biggest SME IPOs in 2024 by issue size

IPO Symbol Issue Size Listing Date Total subscription IPO Price Listing Gain LTP
Slone Infosystems IPOSLONE₹11.06 Cr10th May 2024667.81x79.00118.50(50.00%)101.65(28.67%)
Jay Kailash Namkeen IPO544160₹11.93 Cr8th Apr 202440.02x73.0085.00(16.44%)70.49(-3.44%)
Faalcon Concepts IPO544164₹12.09 Cr26th Apr 202471.28x62.0095.00(53.23%)73.03(17.79%)
Brisk Technovision IPO544101₹12.48 Cr31st Jan 202447.10x156.00175(12.18%)144.75(-7.21%)
Amkay Products IPO544169₹12.61 Cr8th May 2024748.03x55.00104.50(90.00%)109.18(98.51%)
Finelistings Technologies IPO544173₹13.53 Cr14th May 202437.44x123.00127.00(3.25%)133.35(8.41%)

Zerodha Trade@20

Want to start your investment journey, join India’s Pioneer Discount Broker – ZERODHA – Free Delivery Trade, Maximum Rs 20 for F&O and Intraday, Free Direct Mutual Fund investment.Open Zerodha Account

Rudra Gas Enterprise IPO544121₹14.16 Cr15th Feb 2024350.75x63.00119.70(90.00%)191.65(204.21%)
Radiowalla IPORADIOWALLA₹14.25 Cr5th Apr 2024307.54x76.00120.15(58.09%)111(46.05%)
Shree Marutinandan Tubes IPO544083₹14.30 Cr19th Jan 202447.16x143.00200.00(39.86%)269.00(88.11%)
MCPL IPO544073₹14.47 Cr3rd Jan 20249.00x62.0082(32.26%)148.00(138.71%)

User Reviews