Skyline Financial Services: IPO Track Record
SME only. Since 2025, 27 of its 51 IPOs opened above the issue price, with a median gain at open of 0.37%.
Listed IPOs
107
107 SME
Amount raised
INR 4,036.58 crore
2023 to 2026
Median gain at open
+9.38%
listing day, vs issue price
Median gain at close
+10.83%
listing day, vs issue price
Opened above issue price
68.22%
share of listings
Closed below issue price
28.04%
on listing day
Median subscription
20.27x
total, final day
Vs same-year IPOs
-1.46
percentage points; median gap at open
Best listing: Esconet Technologies (+245.24% at open, 23 February 2024). Weakest: Kalana Ispat (-31.59% at open, 26 September 2024).
Year by Year
| Year | IPOs | Median gain at open | Median gain at close | Opened above issue | Median subscription |
|---|---|---|---|---|---|
| 2026 | 17 | 0% | +1.53% | 47.06% | 2.34x |
| 2025 | 34 | +1.11% | +5.21% | 55.88% | 4.48x |
| 2024 | 34 | +28.81% | +31.30% | 85.29% | 58.25x |
| 2023 | 22 | +16.03% | +20.87% | 77.27% | 37.12x |
All 107 IPOs Handled
| IPO | Listed | Segment | Issue price (INR) | Issue size (INR crore) | Subscription | Open (INR) | Close (INR) | Gain at open | Gain at close |
|---|---|---|---|---|---|---|---|---|---|
| Black Opal Consultants | 7 October 2026 | SME (BSE) | 197 | 55.08 | 73.88x | 200 | 206.30 | +1.52% | +4.72% |
| Shakti Polytarp | 22 September 2026 | SME (BSE) | 59 | 26.93 | 11.94x | 58.90 | 57.08 | -0.17% | -3.25% |
| Madhur Knit Crafts | 1 September 2026 | SME (NSE) | 100 | 53.27 | 1.53x | 100 | 95 | 0% | -5% |
| Q&T Foods | 19 August 2026 | SME (BSE) | 115 | 26.25 | 1.48x | 115 | 109.25 | 0% | -5% |
| Aegeus Technologies | 11 August 2026 | SME (BSE) | 105 | 23.71 | 30.11x | 124.50 | 130.70 | +18.57% | +24.48% |
| IC Electricals | 10 July 2026 | SME (NSE) | 99 | 47.91 | 420.16x | 166 | 174.30 | +67.68% | +76.06% |
| Riyaasat Lifestyle | 1 July 2026 | SME (BSE) | 106 | 30.20 | 1.38x | 84.80 | 80.60 | -20% | -23.96% |
| Avience Biomedicals | 25 June 2026 | SME (NSE) | 208 | 30.24 | 385.33x | 395.20 | 414.95 | +90% | +99.50% |
| Bio Medica Laboratories | 29 May 2026 | SME (NSE) | 139 | 52.43 | 2.31x | 111.20 | 115.80 | -20% | -16.69% |
| Autofurnish | 29 May 2026 | SME (BSE) | 41 | 14.60 | 1.26x | 43 | 45.15 | +4.88% | +10.12% |
| NFP Sampooorna | 25 May 2026 | SME (NSE) | 55 | 24.53 | 1.62x | 54.50 | 51.80 | -0.91% | -5.82% |
| Highness Microelectronics | 2 April 2026 | SME (BSE) | 120 | 21.67 | 193.99x | 125 | 129.75 | +4.17% | +8.13% |
| Speciality Medicines | 30 March 2026 | SME (BSE) | 124 | 29.14 | 2.34x | 124 | 125.90 | 0% | +1.53% |
| Acetech E-Commerce | 9 March 2026 | SME (NSE) | 112 | 48.95 | 1.19x | 112 | 117.60 | 0% | +5% |
| Marushika Technology | 19 February 2026 | SME (NSE) | 117 | 26.97 | 18.01x | 120 | 114 | +2.56% | -2.56% |
| KRM Ayurveda | 29 January 2026 | SME (NSE) | 135 | 77.49 | 74.43x | 172.10 | 180.70 | +27.48% | +33.85% |
| Armour Security India | 22 January 2026 | SME (NSE) | 57 | 26.51 | 1.87x | 45.60 | 43.35 | -20% | -23.95% |
| Western Overseas | 11 December 2025 | SME (BSE) | 56 | 10.07 | 1.46x | 54.90 | 52.16 | -1.96% | -6.86% |
| Finbud Financial Services | 13 November 2025 | SME (NSE) | 142 | 71.68 | 4.51x | 157 | 164.85 | +10.56% | +16.09% |
| Game Changers Texfab | 4 November 2025 | SME (BSE) | 102 | 54.84 | 1.02x | 104.15 | 109.35 | +2.11% | +7.21% |
| Sheel Biotech | 8 October 2025 | SME (NSE) | 63 | 34.02 | 16.04x | 91 | 95.55 | +44.44% | +51.67% |
| Munish Forge | 8 October 2025 | SME (NSE) | 96 | 73.92 | 3.60x | 105 | 110.25 | +9.38% | +14.84% |
| Om Metallogic | 7 October 2025 | SME (BSE) | 86 | 22.35 | 1.52x | 85 | 85 | -1.16% | -1.16% |
| KVS Castings | 6 October 2025 | SME (BSE) | 56 | 27.83 | 4.17x | 66.30 | 69.61 | +18.39% | +24.30% |
| Earkart | 3 October 2025 | SME (BSE) | 135 | 49.26 | 1.33x | 135.50 | 142.25 | +0.37% | +5.37% |
| Prime Cable Industries | 29 September 2025 | SME (NSE) | 83 | 40.04 | 8.35x | 81 | 78.30 | -2.41% | -5.66% |
| Snehaa Organics | 5 September 2025 | SME (NSE) | 122 | 32.68 | 27.80x | 122 | 115.90 | 0% | -5% |
| Globtier Infotech | 2 September 2025 | SME (BSE) | 72 | 31.05 | 1.39x | 57.60 | 54.72 | -20% | -24% |
| LGT Business | 26 August 2025 | SME (BSE) | 107 | 28.09 | 1.31x | 85.60 | 81.35 | -20% | -23.97% |
| Sawaliya Food Products | 14 August 2025 | SME (NSE) | 120 | 34.83 | 13.39x | 228 | 239.40 | +90% | +99.50% |
| Essex Marine | 11 August 2025 | SME (BSE) | 54 | 23.01 | 2.97x | 43.20 | 41.04 | -20% | -24% |
| BLT Logistics | 11 August 2025 | SME (BSE) | 75 | 9.72 | 560.91x | 90.95 | 95.49 | +21.27% | +27.32% |
| Renol Polychem | 7 August 2025 | SME (NSE) | 105 | 25.77 | 6.92x | 105 | 99.75 | 0% | -5% |
| Silky Overseas | 7 July 2025 | SME (NSE) | 161 | 30.68 | 170.21x | 171 | 162.45 | +6.21% | +0.90% |
| Cedaar Textile | 7 July 2025 | SME (NSE) | 140 | 60.90 | 11.96x | 119 | 113.05 | -15% | -19.25% |
| Neetu Yoshi | 4 July 2025 | SME (BSE) | 75 | 77.04 | 128.26x | 105 | 110.25 | +40% | +47% |
| Adcounty Media | 4 July 2025 | SME (BSE) | 85 | 50.69 | 273.16x | 130 | 136.50 | +52.94% | +60.59% |
| Ace Alpha Tech | 3 July 2025 | SME (BSE) | 69 | 32.22 | 101.83x | 81 | 85.05 | +17.39% | +23.26% |
| Supertech EV | 2 July 2025 | SME (BSE) | 92 | 29.90 | 4.45x | 73.60 | 69.92 | -20% | -24% |
| Eppeltone Engineers | 24 June 2025 | SME (NSE) | 128 | 43.96 | 296.42x | 243.20 | 255.35 | +90% | +99.49% |
| Aten Papers | 20 June 2025 | SME (BSE) | 96 | 31.68 | 1.54x | 90 | 85.50 | -6.25% | -10.94% |
| Jainik Power | 17 June 2025 | SME (NSE) | 110 | 51.30 | 1.70x | 82 | 82.85 | -25.45% | -24.68% |
| Nikita Papers | 3 June 2025 | SME (NSE) | 104 | 67.54 | 1.49x | 90 | 90.45 | -13.46% | -13.03% |
| Manoj Jewellers | 12 May 2025 | SME (BSE) | 54 | 16.20 | 1.19x | 53.95 | 53.77 | -0.09% | -0.43% |
| Kenrik Industries | 9 May 2025 | SME (BSE) | 25 | 8.75 | 2.05x | 25.01 | 26.26 | +0.04% | +5.04% |
| Identixweb | 3 April 2025 | SME (BSE) | 54 | 16.63 | 26.23x | 55 | 57.75 | +1.85% | +6.94% |
| Balaji Phosphates | 7 March 2025 | SME (NSE) | 70 | 50.11 | 1.27x | 75 | 74.35 | +7.14% | +6.21% |
| Ken Enterprises | 12 February 2025 | SME (NSE) | 94 | 83.65 | 4.36x | 85 | 80.75 | -9.57% | -14.10% |
| Sat Kartar Shopping | 17 January 2025 | SME (NSE) | 81 | 33.80 | 342.77x | 153.90 | 161.55 | +90% | +99.44% |
| Avax Apparels | 14 January 2025 | SME (BSE) | 70 | 1.92 | 260.48x | 133 | 139.65 | +90% | +99.50% |
| Anya Polytech and Fertilizers | 2 January 2025 | SME (NSE) | 14 | 44.80 | 440.03x | 17.10 | 17.95 | +22.14% | +28.21% |
| Jungle Camps | 17 December 2024 | SME (BSE) | 72 | 29.42 | 494.66x | 136.80 | 129.96 | +90% | +80.50% |
| Nisus Finance | 11 December 2024 | SME (BSE) | 180 | 114.24 | 177.22x | 225 | 236.25 | +25% | +31.25% |
| Abha Power and Steel | 4 December 2024 | SME (NSE) | 75 | 38.54 | 17.55x | 81.90 | 77.80 | +9.20% | +3.73% |
| Usha Financial Services | 31 October 2024 | SME (NSE) | 168 | 98.45 | 19.45x | 164 | 155.85 | -2.38% | -7.23% |
| Divyadhan Recycling | 4 October 2024 | SME (NSE) | 64 | 24.17 | 41.01x | 84 | 88.20 | +31.25% | +37.81% |
| Avi Ansh Textile | 27 September 2024 | SME (NSE) | 62 | 25.99 | 8.37x | 68 | 71.15 | +9.68% | +14.76% |
| Kalana Ispat | 26 September 2024 | SME (NSE) | 66 | 32.59 | 57.51x | 45.15 | 47.40 | -31.59% | -28.18% |
| Innomet Advanced Materials | 18 September 2024 | SME (NSE) | 100 | 34.24 | 297.42x | 190 | 199.50 | +90% | +99.50% |
| Share Samadhan | 16 September 2024 | SME (BSE) | 74 | 24.06 | 14.66x | 73.05 | 74.87 | -1.28% | +1.18% |
| Gajanand International | 16 September 2024 | SME (NSE) | 36 | 20.65 | 15.02x | 42 | 39.90 | +16.67% | +10.83% |
| My Mudra Fincorp | 12 September 2024 | SME (NSE) | 110 | 33.26 | 102.53x | 130 | 123.50 | +18.18% | +12.27% |
| Mach Conferences | 11 September 2024 | SME (BSE) | 225 | 125.28 | 181.98x | 300 | 295.55 | +33.33% | +31.36% |
| Aesthetik Engineers | 16 August 2024 | SME (NSE) | 58 | 26.47 | 705.33x | 110.20 | 115.70 | +90% | +99.48% |
| V. L. Infraprojects | 30 July 2024 | SME (NSE) | 42 | 18.52 | 633.66x | 79.80 | 83.75 | +90% | +99.40% |
| RNFI Services | 29 July 2024 | SME (NSE) | 105 | 70.81 | 221.58x | 199.50 | 189.55 | +90% | +80.52% |
| Tunwal E-Motors | 23 July 2024 | SME (NSE) | 59 | 115.64 | 12.18x | 64 | 60.80 | +8.47% | +3.05% |
| Akiko Global Services | 2 July 2024 | SME (NSE) | 77 | 23.11 | 36.52x | 98 | 93.35 | +27.27% | +21.23% |
| Shivalic Power Control | 1 July 2024 | SME (NSE) | 100 | 64.32 | 257.32x | 311 | 326.55 | +211% | +226.55% |
| GEM Enviro | 26 June 2024 | SME (BSE) | 75 | 44.93 | 244.09x | 142.50 | 149.62 | +90% | +99.49% |
| 3C IT Solutions & Telecoms | 12 June 2024 | SME (BSE) | 52 | 11.44 | 20.27x | 43.01 | 45.16 | -17.29% | -13.15% |
| Finelistings Technologies | 14 May 2024 | SME (BSE) | 123 | 13.53 | 37.49x | 127 | 133.35 | +3.25% | +8.41% |
| Greenhitech Ventures | 22 April 2024 | SME (BSE) | 50 | 6.30 | 770.01x | 95 | 99.75 | +90% | +99.50% |
| Aluwind Architectural | 9 April 2024 | SME (NSE) | 45 | 29.70 | 7.73x | 45 | 47.25 | 0% | +5% |
| Jay Kailash Namkeen | 8 April 2024 | SME (BSE) | 73 | 11.93 | 40.07x | 85 | 80.75 | +16.44% | +10.62% |
| TAC Infosec | 5 April 2024 | SME (NSE) | 106 | 29.99 | 421.96x | 290 | 304.50 | +173.58% | +187.26% |
| Chatha Foods | 27 March 2024 | SME (BSE) | 56 | 33.39 | 19.36x | 73 | 76.65 | +30.36% | +36.88% |
| Enser Communications | 22 March 2024 | SME (NSE) | 70 | 16.17 | 7.33x | 72 | 70.10 | +2.86% | +0.14% |
| Esconet Technologies | 23 February 2024 | SME (NSE) | 84 | 28.22 | 507.32x | 290 | 275.50 | +245.24% | +227.98% |
| Alpex Solar | 15 February 2024 | SME (NSE) | 115 | 74.52 | 324.11x | 329 | 345.45 | +186.09% | +200.39% |
| Baweja Studios | 6 February 2024 | SME (NSE) | 180 | 97.20 | 2.68x | 183 | 173.85 | +1.67% | -3.42% |
| Konstelec Engineers | 30 January 2024 | SME (NSE) | 70 | 28.70 | 341.85x | 210 | 220.50 | +200% | +215% |
| Qualitek Labs | 29 January 2024 | SME (BSE) | 100 | 19.64 | 59x | 190 | 199.50 | +90% | +99.50% |
| Kaushalya Logistics | 8 January 2024 | SME (NSE) | 75 | 36.60 | 364.18x | 100 | 105 | +33.33% | +40% |
| AIK Pipes | 2 January 2024 | SME (BSE) | 89 | 15.02 | 41.43x | 100 | 105 | +12.36% | +17.98% |
| Electro Force | 27 December 2023 | SME (NSE) | 93 | 80.68 | 3.95x | 100 | 105 | +7.53% | +12.90% |
| Marinetrans India | 8 December 2023 | SME (NSE) | 26 | 10.92 | 30.85x | 30 | 31 | +15.38% | +19.23% |
| Sunrest Lifescience | 20 November 2023 | SME (NSE) | 84 | 10.85 | 45.10x | 84 | 79.80 | 0% | -5% |
| SAR Televenture | 8 November 2023 | SME (NSE) | 55 | 24.75 | 276.70x | 105 | 110.25 | +90.91% | +100.45% |
| Arvind and Company Shipping | 25 October 2023 | SME (NSE) | 45 | 14.74 | 359.62x | 80 | 80.05 | +77.78% | +77.89% |
| Sharp Chucks | 12 October 2023 | SME (NSE) | 58 | 16.84 | 48.67x | 66 | 65.05 | +13.79% | +12.16% |
| Karnika Industries | 12 October 2023 | SME (NSE) | 76 | 25.07 | 2.96x | 81 | 82.60 | +6.58% | +8.68% |
| City Crops Agro | 10 October 2023 | SME (BSE) | 25 | 15 | 3.52x | 25.50 | 25.42 | +2% | +1.68% |
| Vinyas Innovative | 6 October 2023 | SME (NSE) | 165 | 54.66 | 40.27x | 330 | 346.50 | +100% | +110% |
| Mangalam Alloys | 4 October 2023 | SME (NSE) | 80 | 54.91 | 5.34x | 80 | 76 | 0% | -5% |
| Cellecor Gadgets | 28 September 2023 | SME (NSE) | 92 | 50.77 | 108.27x | 92 | 96.60 | 0% | +5% |
| SunGarner Energies | 31 August 2023 | SME (NSE) | 83 | 5.31 | 138.18x | 250 | 262.35 | +201.20% | +216.08% |
| Oriana Power | 11 August 2023 | SME (NSE) | 118 | 59.66 | 164.16x | 302 | 317.10 | +155.93% | +168.73% |
| Zeal Global Services | 9 August 2023 | SME (NSE) | 103 | 36.46 | 3.90x | 147 | 154.35 | +42.72% | +49.85% |
| Spectrum Talent | 22 June 2023 | SME (NSE) | 173 | 105.14 | 11.70x | 155 | 147.25 | -10.40% | -14.88% |
| Crayons Advertising | 2 June 2023 | SME (NSE) | 65 | 41.80 | 137.28x | 90 | 94.50 | +38.46% | +45.38% |
| Quicktouch Technologies | 2 May 2023 | SME (NSE) | 61 | 9.33 | 107.26x | 92 | 96.60 | +50.82% | +58.36% |
| A G Universal | 24 April 2023 | SME (NSE) | 60 | 8.72 | 3.36x | 60 | 60.10 | 0% | +0.17% |
| MOS Utility | 18 April 2023 | SME (NSE) | 76 | 49.97 | 19.74x | 90 | 94.50 | +18.42% | +24.34% |
| Vertexplus Technologies | 15 March 2023 | SME (NSE) | 96 | 14.20 | 10.46x | 101 | 106.05 | +5.21% | +10.47% |
| Gayatri Rubbers and Chemicals | 7 February 2023 | SME (NSE) | 30 | 4.58 | 35.96x | 35 | 36.75 | +16.67% | +22.50% |
| RBM Infracon | 4 January 2023 | SME (NSE) | 36 | 8.37 | 38.29x | 52.50 | 55.10 | +45.83% | +53.06% |