IPOs in March 2021

March 2021 had 16 IPOs: 9 mainboard and 7 SME.

Of the 16 that have listed, the average listing gain was +13.1%, and 11 listed above the issue price.

Mainboard IPOs in March 2021

  • Heranba Industries Limited — ₹626–627 · listed 5 Mar 2021 · subscribed 83.29× · listing gain +43.5%
  • MTAR Technologies — ₹574–575 · listed 15 Mar 2021 · subscribed 200.79× · listing gain +82.6%
  • EaseMyTrip — ₹186–187 · listed 19 Mar 2021 · subscribed 160.19× · listing gain +13.5%
  • Anupam Rasayan — ₹553–555 · listed 24 Mar 2021 · subscribed 44.22× · listing gain -6.3%
  • Craftsman Automation — ₹1488–1490 · listed 25 Mar 2021 · subscribed 3.82× · listing gain -8.8%
  • Laxmi Organic — ₹129–130 · listed 25 Mar 2021 · subscribed 107.64× · listing gain +19.6%
  • Suryoday Small Finance Bank — ₹303–305 · listed 26 Mar 2021 · subscribed 2.37× · listing gain -4.3%
  • Kalyan Jewellers — ₹86–87 · listed 26 Mar 2021 · subscribed 2.64× · listing gain -15.0%
  • Nazara Technologies — ₹1100–1101 · listed 30 Mar 2021 · subscribed 175.46× · listing gain +80.7%

SME IPOs in March 2021

  • Party Cruisers (SME) — ₹51 · listed 5 Mar 2021 · subscribed 0.75× · listing gain +5.9%
  • Pavna Industries (SME) — ₹165 · listed 9 Mar 2021 · subscribed 1.20× · listing gain +0.4%
  • ADJIA Technologies (SME) — ₹74 · listed 15 Mar 2021 · subscribed 6.37× · listing gain +0.7%
  • Ashapuri Gold (SME) — ₹81 · listed 17 Mar 2021 · subscribed 1.24× · listing gain -7.4%
  • Rangoli Tradecomm (SME) — ₹207 · listed 22 Mar 2021 · subscribed 1.58× · listing gain +1.9%
  • Knowledge Marine (SME) — ₹37 · listed 22 Mar 2021 · subscribed 3.03× · listing gain +2.7%
  • NIKS Technology (SME) — ₹201 · listed 31 Mar 2021 · subscribed 4.34× · listing gain +0.5%

Best listing gains in March 2021

Weakest listings in March 2021

← IPOs in February 2021 · IPOs in April 2021 →

IPO listing gains 2021 · 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.