IPOs in March 2023

March 2023 had 23 IPOs: 2 mainboard and 21 SME.

Of the 23 that have listed, the average listing gain was +9.1%, and 15 listed above the issue price.

Mainboard IPOs in March 2023

  • Divgi TorqTransfer Systems — ₹560–590 · listed 14 Mar 2023 · subscribed 5.44× · listing gain +5.1%
  • Global Surfaces — ₹133–140 · listed 23 Mar 2023 · subscribed 12.21× · listing gain +17.1%

SME IPOs in March 2023

  • Sealmatic India (SME) — ₹220–225 · listed 1 Mar 2023 · subscribed 17.77× · listing gain +0.0%
  • Macfos (SME) — ₹96–102 · listed 1 Mar 2023 · subscribed 290.88× · listing gain +80.4%
  • Viaz Tyres (SME) — ₹62 · listed 1 Mar 2023 · subscribed 5.79× · listing gain +9.7%
  • Patron Exim (SME) — ₹27 · listed 6 Mar 2023 · subscribed 1.07× · listing gain +5.2%
  • Amanaya Ventures (SME) — ₹23 · listed 9 Mar 2023 · subscribed 1.75× · listing gain -12.6%
  • SVJ Enterprises (SME) — ₹36 · listed 9 Mar 2023 · subscribed 1.49× · listing gain +5.6%
  • Srivasavi Adhesive Tapes (SME) — ₹41 · listed 9 Mar 2023 · subscribed 7.75× · listing gain -2.4%
  • ITCONS E-Solutions (SME) — ₹51 · listed 13 Mar 2023 · subscribed 16.79× · listing gain -7.9%
  • ResGen (SME) — ₹45–47 · listed 13 Mar 2023 · subscribed 3.56× · listing gain +4.3%
  • Systango Technologies (SME) — ₹85–90 · listed 15 Mar 2023 · subscribed 92.76× · listing gain +8.9%
  • Vertexplus Technologies (SME) — ₹91–96 · listed 15 Mar 2023 · subscribed 15.63× · listing gain +5.2%
  • Prospect Commodities (SME) — ₹61 · listed 20 Mar 2023 · subscribed 5.31× · listing gain +0.0%
  • MCON Rasayan India (SME) — ₹40 · listed 20 Mar 2023 · subscribed 380.25× · listing gain +20.0%
  • VELS Film International (SME) — ₹99 · listed 22 Mar 2023 · subscribed 1.10× · listing gain +1.0%
  • Sudarshan Pharma Industries (SME) — ₹71–73 · listed 22 Mar 2023 · subscribed 1.12× · listing gain +0.0%
  • Labelkraft Technologies (SME) — ₹55 · listed 23 Mar 2023 · subscribed 53.34× · listing gain +1.8%
  • Bright Outdoor Media (SME) — ₹146 · listed 24 Mar 2023 · subscribed 1.27× · listing gain +2.7%
  • Quality Foils (SME) — ₹60 · listed 24 Mar 2023 · subscribed 362.07× · listing gain +66.7%
  • Nirman Agri Genetics (SME) — ₹99 · listed 28 Mar 2023 · subscribed 1.71× · listing gain +3.0%
  • Dev Labtech Venture (SME) — ₹51 · listed 29 Mar 2023 · subscribed 5.45× · listing gain +0.0%
  • Command Polymers (SME) — ₹28 · listed 29 Mar 2023 · subscribed 1.39× · listing gain -4.5%

Best listing gains in March 2023

Weakest listings in March 2023

← IPOs in February 2023 · IPOs in April 2023 →

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.