ipodeckby IPO Central
Lead Managers

Shreni Shares: IPO Track Record

SME, mostly listed in 2023 and 2024. None of its 29 IPOs closed below the issue price on listing day, and 27 opened above it.

Listed IPOs
29
29 SME
Amount raised
INR 733.12 crore
2023 to 2025
Median gain at open
+24.67%
listing day, vs issue price
Median gain at close
+29.36%
listing day, vs issue price
Opened above issue price
93.10%
share of listings
Closed below issue price
0%
on listing day
Median subscription
85.34x
total, final day
Vs same-year IPOs
+3.04
percentage points; median gap at open

Best listing: CPS Shapers (+143.24% at open, 7 September 2023). Weakest: Srivasavi Adhesive (-2.44% at open, 9 March 2023).

An IPO with several lead managers counts towards each of them.

Year by Year

YearIPOsMedian gain at openMedian gain at closeOpened above issueMedian subscription
20253+4.17%+9.29%100%181.84x
202414+32.77%+32.84%92.86%177x
202312+23.17%+28.55%91.67%13.66x

All 29 IPOs Managed

IPOListedSegmentIssue price (INR)Issue size (INR crore)SubscriptionOpen (INR)Close (INR)Gain at openGain at close
Landmark Immigration23 January 2025SME (BSE)7240.3272.99x7575.07+4.17%+4.26%
Leo Dryfruits8 January 2025SME (BSE)5225.12181.84x6871.36+30.77%+37.23%
Technichem Organics7 January 2025SME (BSE)5525.25425.17x57.2560.11+4.09%+9.29%
Rappid Valves30 September 2024SME (NSE)22230.41176.14x312309.35+40.54%+39.35%
Picturepost Studios9 August 2024SME (NSE)2418.72266.67x3031.50+25%+31.25%
Dhariwalcorp8 August 2024SME (NSE)10625.15175.02x150142.50+41.51%+34.43%
Prizor Viztech22 July 2024SME (NSE)8725.15214.29x165.30173.55+90%+99.48%
Effwa Infra & Research12 July 2024SME (NSE)8251.27313.73x155.80163.55+90%+99.45%
Visaman Global Sales1 July 2024SME (NSE)4316.0539.88x45.1047.35+4.88%+10.12%
GSM Foils31 May 2024SME (NSE)3211.01253.32x3233.600%+5%
Quest Laboratories23 May 2024SME (NSE)9743.1685.34x155.10147.35+59.90%+51.91%
Silkflex Polymers15 May 2024SME (NSE)5218.1133.89x6058.70+15.38%+12.88%
Refractory Shapes14 May 2024SME (NSE)3118.60247.76x7578.75+141.94%+154.03%
Yash Optics & Lens8 April 2024SME (NSE)8153.1542.07x9092.70+11.11%+14.44%
Gabriel Pet Straps7 February 2024SME (BSE)1018.06246.26x115120.75+13.86%+19.55%
Delaplex2 February 2024SME (NSE)19246.08177.86x309324.45+60.94%+68.98%
AIK Pipes2 January 2024SME (BSE)8915.0241.43x100105+12.36%+17.98%
Net Avenue Technologies8 December 2023SME (NSE)1810.25475.10x4239.90+133.33%+121.67%
Swashthik Plascon5 December 2023SME (BSE)8640.7614.41x120.10126.10+39.65%+46.63%
KK Shah Hospitals6 November 2023SME (BSE)458.7812.92x56.1058.90+24.67%+30.89%
Marco Cables28 September 2023SME (NSE)3618.7328.20x38.7040.60+7.50%+12.78%
Meson Valves21 September 2023SME (BSE)10231.09173.71x193.80203.45+90%+99.46%
CPS Shapers7 September 2023SME (NSE)18511.10236.67x450472.50+143.24%+155.41%
AccelerateBS India19 July 2023SME (BSE)905.6949.24x109.50114.97+21.67%+27.74%
Global Pet Industries10 July 2023SME (NSE)4913.234.12x5252.80+6.12%+7.76%
Veefin Solutions5 July 2023SME (BSE)8246.732.41x86.0590.22+4.94%+10.02%
Sancode Technologies18 April 2023SME (BSE)475.153.58x6460.80+36.17%+29.36%
Bright Outdoor Media24 March 2023SME (BSE)14655.481.22x150157.50+2.74%+7.88%
Srivasavi Adhesive9 March 2023SME (NSE)4115.507.30x4042-2.44%+2.44%