Multibagger SME IPOs: SME IPOs pack a punch on the returns front, as top stock zoomed 675 per cent! Multibagger SME IPOs: SME IPOs pack a punch on the returns front, as top stock zoomed 675 per cent! In the year 2022, nearly 110 SME IPOs have raised about Rs 1995 crore. The biggest IPO had an issue size of Rs 76.28 crore Karan Dsij / Sunday, January 1, 2023 / Article rating: 3.7 Though SME IPOs lack the huge numbers and marketing blitzkrieg of mainboard peers, they try to make it up with eye-popping returns if last one year data is anything to go by.