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%)
Italian Edibles IPOITALIANE₹26.66 Cr12th Feb 2024154.43x68.0055(-19.12%)33(-51.47%)
V R Infraspace IPOVR₹20.40 Cr12th Mar 202493.41x85.0090(5.88%)133(56.47%)
Sona Machinery IPOSONAMAC₹51.82 Cr13th Mar 2024273.50x143.00125(-12.59%)162.95(13.95%)
Shree Karni Fabcom IPOSHREEKARNI₹42.49 Cr14th Mar 2024296.43x227.00260.00(14.54%)421.7(85.77%)
Koura Fine Diamond Jewelry IPO544139₹5.50 Cr14th Mar 2024733.01x55.0075.00(36.36%)52.50(-4.55%)

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

Refractory Shapes IPOREFRACTORY₹18.60 Cr14th May 2024255.08x31.0075.00(141.94%)78.75(154.03%)
Winsol Engineers IPOWINSOL₹23.36 Cr14th May 2024682.14x75.00365.00(386.67%)383.25(411.00%)
Finelistings Technologies IPO544173₹13.53 Cr14th May 202437.44x123.00127.00(3.25%)133.35(8.41%)
Alpex Solar IPOALPEXSOLAR₹74.52 Cr15th Feb 2024324.03x115.00329.00(186.09%)646.05(461.78%)

User Reviews