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Do you own these top-performing SME stocks that debuted this year?
Sayali Kotwal
/ Categories: Trending, Mindshare, IPO

Do you own these top-performing SME stocks that debuted this year?

Here is a list of the top performing SME IPOs of 2022; do you own any? 

The Micro Small and Medium Enterprises (MSMEs) industry make a significant contribution to the nation's socioeconomic growth. Due to the sector's contribution to the GDP and exports of India, it has taken on a substantial amount of significance. The sector has also made significant contributions to the growth of entrepreneurship, particularly in India's semi-urban and rural areas. 

The Micro, Small and Medium Enterprises (MSME) are divided into two types, namely Manufacturing Enterprises and Service Enterprises, in accordance with the terms of the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 

The businesses are further divided into groups according to equipment investment and annual turnover. 

Criteria 

Manufacturing 

Service 

  

Turnover 

Investment 

Turnover 

Investment 

Micro 

Rs. 5 crore 

Less than Rs. 25 lakh (US$ 0.03 million) 

Rs. 5 crore 

Less than Rs. 10 lakh 

Small 

Rs. 50 crore 

More than Rs. 25 lakh but less than Rs. 5 crore  

Rs. 50 crore 

More than Rs. 10 lakh  but less than Rs. 2 crore  

Medium 

Rs. 250 crore  

More than Rs. 5 crore, but less than Rs. 10 crore  

Rs. 250 crore  

More than Rs. 2 crore  but does not exceed Rs. 5 crore 

 

 

More than 60 SMEs are anticipated to join the BSE SME platform in one year (2022-23) in order to raise equity financing to suit their business needs. 16 SMEs entered the market through the initial public offering (IPO) method, raising Rs 100 crore (USD 13.74 million) in 2020. 50 SME IPOs have already been listed on the bourses on a YTD basis, and the BSE SME IPO index has increased by 151.26 per cent in just one year. 

Indian MSMEs are quickly moving away from cash payments in favour of digital ones; 72 per cent of payments are being made digitally versus only 28 per cent in cash. 

Following are top performing SME IPOs that got listed this year: 

Company Name Market Cap ( Rs Crore) Listed On Issue Price (Rs) Listing Day Gain (%) Current Price (Rs) Profit (%)
Empyrean Cashews Ltd 584 Mar 31, 2022 37 19.19% 310.45 739.05%
Globesecure Technologies Ltd 107 Jun 2, 2022 29 27.93% 111.7 285.17%
Cool Caps Industries Ltd 162 Mar 24, 2022 38 -0.92% 131 244.74%
Sailani Tours N Travels Ltd 17.8 Jul 8, 2022 15 8.47% 34.36 129.07%
Jayant Infratech Ltd 53.1 Jul 13, 2022 67 19.10% 149.3 122.84%
KN Agri Resources Ltd 406 Mar 28, 2022 75 94.67% 161.45 115.27%
Maruti Interior Products Ltd 86.8 Feb 16, 2022 55 30.73% 116.25 111.36%
Vaidya Sane Ayurved Laboratories Ltd 152 Feb 23, 2022 73 44.38% 144.7 98.22%
Shigan Quantum Technologies Ltd 162 Mar 11, 2022 50 28.10% 94.35 88.70%
Rachana Infrastructure Ltd 466 Jun 10, 2022 135 2.63% 247.25 83.15%
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