IPOs in December 2023

December 2023 had 31 IPOs: 12 mainboard and 19 SME.

Of the 31 that have listed, the average listing gain was +41.3%, and 26 listed above the issue price.

Mainboard IPOs in December 2023

  • Flair Writing — ₹288–304 · listed 1 Dec 2023 · subscribed 49.28× · listing gain +64.8%
  • DOMS — ₹750–790 · listed 20 Dec 2023 · subscribed 98.51× · listing gain +77.2%
  • India Shelter Finance Corporation — ₹469–493 · listed 20 Dec 2023 · subscribed 38.59× · listing gain +25.8%
  • Inox India — ₹627–660 · listed 21 Dec 2023 · subscribed 61.28× · listing gain +43.9%
  • Muthoot Microfin — ₹277–291 · listed 26 Dec 2023 · subscribed 12.11× · listing gain -5.4%
  • Suraj Estate Developers — ₹340–360 · listed 26 Dec 2023 · subscribed 16.57× · listing gain -5.6%
  • Motisons Jewellers — ₹52–55 · listed 26 Dec 2023 · subscribed 159.61× · listing gain +98.2%
  • Mufti Jeans — ₹266–280 · listed 27 Dec 2023 · subscribed 51.85× · listing gain +0.8%
  • RBZ Jewellers — ₹95–100 · listed 27 Dec 2023 · subscribed 16.86× · listing gain +0.0%
  • Happy Forgings — ₹808–850 · listed 27 Dec 2023 · subscribed 82.63× · listing gain +17.6%
  • Azad Engineering — ₹499–524 · listed 28 Dec 2023 · subscribed 82.40× · listing gain +37.4%
  • Innova Captab — ₹426–448 · listed 29 Dec 2023 · subscribed 56.33× · listing gain +0.9%

SME IPOs in December 2023

  • Swashthik Plascon (SME) — ₹80–86 · listed 5 Dec 2023 · subscribed 15.43× · listing gain +39.7%
  • AMIC Forging (SME) — ₹121–126 · listed 6 Dec 2023 · subscribed 289.05× · listing gain +90.0%
  • Deepak Chemtex (SME) — ₹76–80 · listed 6 Dec 2023 · subscribed 403.03× · listing gain +90.0%
  • Marinetrans India (SME) — ₹26 · listed 8 Dec 2023 · subscribed 32.65× · listing gain +15.4%
  • Net Avenue Technologies (SME) — ₹16–18 · listed 8 Dec 2023 · subscribed 511.21× · listing gain +133.3%
  • Sheetal Universal (SME) — ₹70 · listed 11 Dec 2023 · subscribed 171.14× · listing gain +7.1%
  • Graphisads (SME) — ₹111 · listed 13 Dec 2023 · subscribed 3.77× · listing gain +0.5%
  • Accent Microcell (SME) — ₹133–140 · listed 15 Dec 2023 · subscribed 362.41× · listing gain +114.3%
  • Presstonic Engineering (SME) — ₹72 · listed 18 Dec 2023 · subscribed 161.24× · listing gain +94.4%
  • S J Logistics (SME) — ₹121–125 · listed 19 Dec 2023 · subscribed 316.26× · listing gain +40.0%
  • Shree OSFM E-Mobility (SME) — ₹65 · listed 21 Dec 2023 · subscribed 8.06× · listing gain +0.0%
  • Benchmark Computer Solutions (SME) — ₹66 · listed 21 Dec 2023 · subscribed 473.94× · listing gain +21.2%
  • Siyaram Recycling (SME) — ₹43–46 · listed 21 Dec 2023 · subscribed 385.19× · listing gain +19.6%
  • Sahara Maritime (SME) — ₹81 · listed 26 Dec 2023 · subscribed 22.67× · listing gain +0.0%
  • Shanti Spintex (SME) — ₹66–70 · listed 27 Dec 2023 · subscribed 27.38× · listing gain +8.6%
  • Electro Force India (SME) — ₹93 · listed 27 Dec 2023 · subscribed 4.28× · listing gain +7.5%
  • Supreme Power Equipment (SME) — ₹61–65 · listed 29 Dec 2023 · subscribed 262.60× · listing gain +50.8%
  • Indifra (SME) — ₹65 · listed 29 Dec 2023 · subscribed 7.20× · listing gain +10.8%
  • Trident Techlabs (SME) — ₹33–35 · listed 29 Dec 2023 · subscribed 763.30× · listing gain +180.4%

Best listing gains in December 2023

Weakest listings in December 2023

← IPOs in November 2023 · IPOs in January 2024 →

IPO listing gains 2023 · IPO calendar · Upcoming IPOs

Information, not investment advice. GMP is an unofficial grey-market indicator; figures come from public sources (InvestorGain) and may be late or wrong. Not registered with or affiliated to SEBI, the exchanges, the registrars or InvestorGain.