IPOs in May 2026

May 2026 had 14 IPOs: 2 mainboard and 12 SME.

Of the 14 that have listed, the average listing gain was +10.5%, and 9 listed above the issue price.

Mainboard IPOs in May 2026

  • OnEMI Technology — ₹162–171 · listed 8 May 2026 · subscribed 9.96× · listing gain +11.1%
  • Bagmane REIT — ₹95–100 · listed 14 May 2026 · subscribed 15.55× · listing gain +3.5%

SME IPOs in May 2026

  • Amba Auto Sales & Services (SME) — ₹130–135 · listed 5 May 2026 · subscribed 1.19× · listing gain -0.4%
  • Value 360 Communications (SME) — ₹95–98 · listed 11 May 2026 · subscribed 1.20× · listing gain -20.0%
  • Recode Studios (SME) — ₹150–158 · listed 12 May 2026 · subscribed 234.64× · listing gain +34.9%
  • Simca Advertising (SME) — ₹174–183 · listed 15 May 2026 · subscribed 80.88× · listing gain -14.8%
  • RFBL Flexi Pack (SME) — ₹47–50 · listed 19 May 2026 · subscribed 21.48× · listing gain +5.0%
  • Goldline Pharmaceutical (SME) — ₹41–43 · listed 19 May 2026 · subscribed 840.74× · listing gain +39.0%
  • NFP Sampoorna Foods (SME) — ₹52–55 · listed 25 May 2026 · subscribed 1.57× · listing gain -0.9%
  • Teamtech Formwork Solutions (SME) — ₹61–63 · listed 26 May 2026 · subscribed 7.01× · listing gain +19.0%
  • Vegorama Punjabi Angithi (SME) — ₹73–77 · listed 27 May 2026 · subscribed 35.15× · listing gain +53.4%
  • Bio Medica Laboratories (SME) — ₹132–139 · listed 29 May 2026 · subscribed 2.26× · listing gain -20.0%
  • Autofurnish (SME) — ₹41 · listed 29 May 2026 · subscribed 1.21× · listing gain +4.9%
  • Q-Line Biotec (SME) — ₹326–343 · listed 29 May 2026 · subscribed 102.42× · listing gain +31.8%

Best listing gains in May 2026

Weakest listings in May 2026

← IPOs in April 2026 · IPOs in June 2026 →

IPO listing gains 2026 · 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.