IPOs in May 2024

May 2024 had 26 IPOs: 5 mainboard and 21 SME.

Of the 26 that have listed, the average listing gain was +82.4%, and 23 listed above the issue price.

Mainboard IPOs in May 2024

  • Indegene — ₹430–452 · listed 13 May 2024 · subscribed 70.30× · listing gain +44.9%
  • TBO Tek — ₹875–920 · listed 15 May 2024 · subscribed 86.69× · listing gain +55.0%
  • Aadhar Housing Finance — ₹300–315 · listed 15 May 2024 · subscribed 26.76× · listing gain +0.0%
  • Go Digit General Insurance — ₹258–272 · listed 23 May 2024 · subscribed 9.60× · listing gain +5.1%
  • Awfis Space Solutions — ₹364–383 · listed 30 May 2024 · subscribed 108.17× · listing gain +13.6%

SME IPOs in May 2024

  • Racks Rollers (SME) — ₹73–78 · listed 8 May 2024 · subscribed 278.82× · listing gain +90.0%
  • Sai Swami Metals Alloys (SME) — ₹60 · listed 8 May 2024 · subscribed 531.42× · listing gain +90.0%
  • Amkay Products (SME) — ₹52–55 · listed 8 May 2024 · subscribed 748.03× · listing gain +90.0%
  • Slone Infosystems (SME) — ₹79 · listed 10 May 2024 · subscribed 648.71× · listing gain +50.0%
  • Refractory Shapes (SME) — ₹27–31 · listed 14 May 2024 · subscribed 255.08× · listing gain +141.9%
  • Winsol Engineers (SME) — ₹71–75 · listed 14 May 2024 · subscribed 682.14× · listing gain +386.7%
  • Finelistings Technologies (SME) — ₹123 · listed 14 May 2024 · subscribed 34.40× · listing gain +3.3%
  • Silkflex Polymers (SME) — ₹52 · listed 15 May 2024 · subscribed 36.28× · listing gain +15.4%
  • TGIF Agribusiness (SME) — ₹93 · listed 15 May 2024 · subscribed 34.13× · listing gain +61.3%
  • Energy Mission Machineries (SME) — ₹131–138 · listed 16 May 2024 · subscribed 320.67× · listing gain +165.2%
  • Aztec Fluids Machinery (SME) — ₹63–67 · listed 17 May 2024 · subscribed 218.38× · listing gain +34.3%
  • Premier Roadlines (SME) — ₹63–67 · listed 17 May 2024 · subscribed 117.57× · listing gain +29.9%
  • Piotex Industries (SME) — ₹94 · listed 17 May 2024 · subscribed 104.27× · listing gain +16.0%
  • ABS Marine Services (SME) — ₹140–147 · listed 21 May 2024 · subscribed 144.44× · listing gain +100.0%
  • Veritaas Advertising (SME) — ₹109–114 · listed 21 May 2024 · subscribed 621.62× · listing gain +141.2%
  • Mandeep Auto Industries (SME) — ₹67 · listed 21 May 2024 · subscribed 76.06× · listing gain -7.1%
  • Indian Emulsifier (SME) — ₹125–132 · listed 22 May 2024 · subscribed 460.07× · listing gain +225.8%
  • Quest Laboratories (SME) — ₹93–97 · listed 23 May 2024 · subscribed 85.26× · listing gain +59.9%
  • Hariom Atta & Spice (SME) — ₹48 · listed 24 May 2024 · subscribed 1994.53× · listing gain +206.3%
  • Rulka Electricals (SME) — ₹223–235 · listed 24 May 2024 · subscribed 676.83× · listing gain +123.4%
  • GSM Foils (SME) — ₹32 · listed 31 May 2024 · subscribed 253.31× · listing gain +0.0%

Best listing gains in May 2024

Weakest listings in May 2024

← IPOs in April 2024 · IPOs in June 2024 →

IPO listing gains 2024 · 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.