Have you noticed these top performing SME IPOs?
The average gains from the issue for all the 15 SME IPOs is about 53 per cent while the average gains from the listing price for these 15 SME IPOs is 38 per cent.
SME IPOs along with the mainboard IPOs are catching investors attention. Out of the 15 SME IPOs that hit the markets in 2021 we find that at least four IPOs have gained from their listing price while as many as six IPOs are trading above their issue price.
The average gains from the issue for all the 15 SME IPOs is about 53 per cent while the average gains from the listing price for these 15 SME IPOs is 38 per cent.
Adeshwar Meditex limited got listed on June 28. And is the 16th SME IPO of 2021.
The top performing SME IPOs of 2021 are EKI Energy services, Rangali Tradecomm , NIKS Technology and Knowledge Marine & Engineering works which have outperformed since listing on bourses.
Following table highlights the performance of all the SME IPOs of 2021: -
|
Sr. No
|
SME IPO Company
|
Listing Day Gain (%)
|
CMP
|
Profit /Loss (%)
|
Profit Loss (From Listing price) (%)
|
|
1
|
EKI Energy Services
|
44
|
648.65
|
536
|
341
|
|
2
|
Rangoli Tradecomm
|
6
|
800
|
286
|
263
|
|
3
|
NIKS Technology
|
1
|
347.25
|
73
|
71
|
|
4
|
Knowledge Marine & Engineering Works
|
3
|
51.35
|
39
|
34
|
|
5
|
V-Marc India
|
21
|
39.95
|
2
|
-15
|
|
6
|
Pavna Industries
|
0
|
166
|
1
|
0
|
|
7
|
Rajeshwari Cans
|
0
|
20
|
0
|
0
|
|
8
|
Siddhika Coatings
|
0
|
55.95
|
-2
|
-2
|
|
9
|
Party Cruisers
|
1
|
48.75
|
-4
|
-5
|
|
10
|
Kuberan Global Edu Solutions
|
10
|
18.9
|
-6
|
-14
|
|
11
|
Navoday Enterprises
|
-7
|
18.55
|
-7
|
0
|
|
12
|
Jetmall Spices and Masala
|
-3
|
17.2
|
-14
|
-12
|
|
13
|
MRP Agro
|
-6
|
33.25
|
-17
|
-12
|
|
14
|
ADJIA Technologies
|
0
|
39.95
|
-46
|
-46
|
|
15
|
Ashapuri Gold Ornament
|
-14
|
42
|
-48
|
-40
|
|
|
Avg
|
4%
|
|
53
|
38
|
Data as on 25th June 2021