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Multibagger SME IPOs: SME IPOs pack a punch on the returns front, as top stock zoomed 675 per cent!
Karan Dsij
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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

In the last one year, IPOs such as Adani Wilmar, Hariom Pipe Industries, Venus Pipes& Tubes, Veranda Learning Solutions and Vedant Fashion have given about 50 to 125 per cent returns since listing have grabbed eyeballs. 

However, chances are high that you may have come across Rachana Infrastructure or Varanium Cloud- SME IPOs that have provided jaw dropping returns of over 600 per cent and turning multibagger in just a span of less than one-year. 

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 which was Rachana Infrastructure Limited followed by Pace E-Commerce Ventures Limited IPO whose issue size was of about Rs 66.53 crore. 

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. 

Here are the top 10 SME IPOs which have delivered the highest returns in the year 2022 

Company Name 

Listing Date 

Issue Price (Rs) 

Current Price  at BSE (Rs) 

Current Price  at NSE (Rs) 

Gain / Loss (%) 

Rachana Infrastructure Limited 

10-06-2022 

135 

  

1047.3 

675.78 

Varanium Cloud Limited 

27-09-2022 

122 

  

943.8 

673.61 

Cool Caps Industries Limited 

24-03-2022 

38 

  

284.35 

648.29 

Rhetan TMT Limited 

05-09-2022 

70 

459.4 

  

556.29 

Jay Jalaram Technologies Ltd 

08-09-2022 

36 

  

227.9 

533.06 

Empyrean Cashews Limited 

31-03-2022 

37 

  

230.85 

523.92 

Containe Technologies Ltd 

30-09-2022 

15 

91.5 

  

510 

Jayant Infratech Limited 

13-07-2022 

67 

350.65 

  

423.36 

Concord Control Systems Limited 

10-10-2022 

55 

218.5 

  

297.27 

Krishna Defence and Allied Industries Limited 

06-04-2022 

39 

  

142 

264.

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2 comments on article "Multibagger SME IPOs: SME IPOs pack a punch on the returns front, as top stock zoomed 675 per cent!"

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suresh babu

Sme IPOs are getting allotment is very tough on ac of low number of offer of shares. If the Equity is below Rs 5 crs post ipo shares were getting listed at v v high premium.


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Suresh Dikhole

Very informative post.

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