IPOs in May 2023

May 2023 had 9 IPOs: 2 mainboard and 7 SME.

Of the 9 that have listed, the average listing gain was +45.3%, and 7 listed above the issue price.

Mainboard IPOs in May 2023

  • Mankind Pharma — ₹1026–1080 · listed 9 May 2023 · subscribed 15.32× · listing gain +20.4%
  • Nexus Select Trust — ₹95–100 · listed 19 May 2023 · subscribed 5.74× · listing gain +3.0%

SME IPOs in May 2023

  • Quicktouch Technologies (SME) — ₹61 · listed 2 May 2023 · subscribed 110.61× · listing gain +50.8%
  • Retina Paints (SME) — ₹30 · listed 3 May 2023 · subscribed 8.70× · listing gain -3.2%
  • De Neers Tools (SME) — ₹95–101 · listed 11 May 2023 · subscribed 15.84× · listing gain +88.1%
  • Innokaiz India (SME) — ₹76–78 · listed 11 May 2023 · subscribed 95.09× · listing gain +89.7%
  • Auro Impex n Chemicals (SME) — ₹74–78 · listed 23 May 2023 · subscribed 70.48× · listing gain +0.0%
  • Krishca Strapping Solutions (SME) — ₹51–54 · listed 26 May 2023 · subscribed 384.29× · listing gain +120.0%
  • Remus Pharmaceuticals (SME) — ₹1150–1229 · listed 29 May 2023 · subscribed 61.53× · listing gain +39.2%

Best listing gains in May 2023

Weakest listings in May 2023

← IPOs in April 2023 · IPOs in June 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.