ipodeckby IPO Central
Sectors

Construction: IPO Track Record

Listed IPOs
74
25 mainboard, 49 SME
Amount raised
INR 19,901.65 crore
2018 to 2026
Median gain at open
+7.33%
listing day, vs issue price
Median gain at close
+10.72%
listing day, vs issue price
Opened above issue price
72.97%
share of listings
Closed below issue price
21.62%
on listing day
Median subscription
38.87x
total, final day
Vs same-year IPOs
+1.82
percentage points; median gap at open

Best listing: Winsol Engineers (+386.67% at open, 14 May 2024). Weakest: Annu Projects (-27.27% at open, 2 September 2026).

Mainboard vs SME

SegmentIPOsMedian gain at openMedian gain at closeOpened above issueClosed below issueMedian subscription
Mainboard25+2.70%+6.14%60%40%23.59x
SME49+13.75%+19.42%79.59%12.24%76.67x

Year by Year

YearIPOsMedian gain at openMedian gain at closeOpened above issueMedian subscription
2026150%+1.52%46.67%3.33x
202523+6.03%+6.14%82.61%65.01x
202426+59.03%+61.89%88.46%139.09x
20233+40%+33%66.67%87.79x
20211+105%+108.73%100%102.58x
20201+8.33%+13.75%100%9.51x
20192-4.75%-3.32%0%1.33x
201830%-0.83%33.33%9.77x

All 74 IPOs

IPOListedSegmentIssue price (INR)Issue size (INR crore)SubscriptionOpen (INR)Close (INR)Gain at openGain at close
Core4 Engineers30 October 2026SME (BSE)9354.825.63x74.4078.12-20%-16%
Ravita Engineering Services22 October 2026SME (NSE)112116.057.19x112113.700%+1.52%
Vishal Nirmiti8 October 2026Mainboard2201781.79x215204.25-2.27%-7.16%
Sai Urja Indo Ventures5 October 2026SME (BSE)11324.955.11x133.80140.45+18.41%+24.29%
Swastika Infra30 September 2026Mainboard185160.877.91x200210+8.11%+13.51%
Infrax Renewable17 September 2026SME (BSE)10440.882.10x104105.500%+1.44%
Paluck Technologies4 September 2026SME (BSE)4833271.72x46.8049.14-2.50%+2.37%
Annu Projects2 September 2026Mainboard99175.062.93x7275.60-27.27%-23.64%
Oneindig Technologies6 August 2026SME (BSE)9627.651.81x120126+25%+31.25%
Leapfrog Engineering24 June 2026SME (BSE)2388.512.75x2223.10-4.35%+0.43%
Om Power Transmission17 April 2026Mainboard175150.063.33x186193.38+6.29%+10.50%
Safety Controls13 April 2026SME (BSE)80481.35x8378.99+3.75%-1.26%
Srinibas Pradhan Constructions13 March 2026SME (NSE)9820.321.18x100.05104.40+2.09%+6.53%
GRE Renew Enertech21 January 2026SME (BSE)10539.5616.61x9691.20-8.57%-13.14%
E to E Transportation Infrastructure2 January 2026SME (NSE)17484.22527.76x330.60327.80+90%+88.39%
Valplast Technologies8 October 2025SME (BSE)5428.091.27x5758.63+5.56%+8.57%
Chiraharit8 October 2025SME (BSE)2131.071.94x16.8015.96-20%-24%
Telge Projects3 October 2025SME (BSE)10527.243.07x108.10110.45+2.95%+5.19%
Solarworld Energy Solutions30 September 2025Mainboard35149065.01x388.50323.50+10.68%-7.83%
GK Energy26 September 2025Mainboard153464.2689.62x171167.74+11.76%+9.63%
Karbonsteel Engineering16 September 2025SME (BSE)15959.3076.67x185.10194.35+16.42%+22.23%
Goel Construction9 September 2025SME (BSE)263100.08124.39x302.50317.60+15.02%+20.76%
Oval Projects Engineering4 September 2025SME (BSE)8546.741.69x85.2585.05+0.29%+0.06%
Vikran Engineering3 September 2025Mainboard9777223.59x9995.71+2.06%-1.33%
Current Infraprojects3 September 2025SME (NSE)8041.80379.52x152152.75+90%+90.94%
Mahendra Realtors & Infrastructure20 August 2025SME (NSE)8549.4526.53x6864.60-20%-24%
M&B Engineering6 August 2025Mainboard38565036.20x385408.650%+6.14%
Savy Infra and Logistics28 July 2025SME (NSE)12069.98114.58x136.50143.30+13.75%+19.42%
Suntech Infra2 July 2025SME (NSE)8644.39223.71x109.10103.80+26.86%+20.70%
Globe Civil Projects1 July 2025Mainboard7111986.04x9094.46+26.76%+33.04%
Mayasheel Ventures27 June 2025SME (NSE)4727.28232.81x5860.90+23.40%+29.57%
Samay Project23 June 2025SME (NSE)3414.6929.16x36.0536+6.03%+5.88%
Integrity Infrabuild Developers20 May 2025SME (NSE)100122.23x100.80103.50+0.80%+3.50%
Desco Infratech1 April 2025SME (BSE)15030.7583.83x160168+6.67%+12%
Solarium Green Energy13 February 2025SME (BSE)191105.048.93x202211.90+5.76%+10.94%
Readymix Construction13 February 2025SME (NSE)12337.664.68x123116.850%-5%
HM Electro Mech31 January 2025SME (BSE)7527.7492.57x8177.04+8%+2.72%
BR Goyal Infrastructure14 January 2025SME (BSE)13585.21118.16x135.75142.50+0.56%+5.56%
NACDAC Infrastructure24 December 2024SME (BSE)3510.012,209.86x66.5069.82+90%+99.49%
Ganesh Infraworld6 December 2024SME (NSE)8398.58369.71x157.70165.55+90%+99.46%
Afcons Infrastructure4 November 2024Mainboard4635,4302.63x426474.20-7.99%+2.42%
Deepak Builders and Engineers28 October 2024Mainboard203260.0441.54x200161.95-1.48%-20.22%
Lakshya Powertech23 October 2024SME (NSE)18049.80575.91x342359.10+90%+99.50%
Garuda Construction and Engineering15 October 2024Mainboard95264.107.55x105106.36+10.53%+11.96%
HVAX Technologies7 October 2024SME (NSE)45833.5334.24x486490.35+6.11%+7.06%
Popular Foundations24 September 2024SME (BSE)3719.879.27x3737.070%+0.19%
Interarch Building Products26 August 2024Mainboard900600.2993.53x1,2991,195.70+44.33%+32.86%
Aesthetik Engineers16 August 2024SME (NSE)5826.47705.33x110.20115.70+90%+99.48%
Ceigall India8 August 2024Mainboard4011,252.6613.74x419386.75+4.49%-3.55%
Sathlokhar Synergys E&C Global6 August 2024SME (NSE)14092.93211.27x260247+85.71%+76.43%
V. L. Infraprojects30 July 2024SME (NSE)4218.52633.66x79.8083.75+90%+99.40%
Ganesh Green Bharat12 July 2024SME (NSE)190125.23229.99x361379.05+90%+99.50%
Dee Development26 June 2024Mainboard203418.0299.56x339335.32+67%+65.18%
Rulka Electricals24 May 2024SME (NSE)23526.40676.90x525498.75+123.40%+112.23%
Winsol Engineers14 May 2024SME (NSE)7523.36682.21x365383.25+386.67%+411%
Teerth Gopicon16 April 2024SME (NSE)11144.4069.41x125131.25+12.61%+18.24%
K2 Infragen8 April 2024SME (NSE)11940.5450.63x167173.25+40.34%+45.59%
SRM Contractors3 April 2024Mainboard210130.2086.56x215.25226+2.50%+7.62%
AVP Infracon20 March 2024SME (NSE)7552.3421.62x7975.05+5.33%+0.07%
Pratham EPC18 March 2024SME (NSE)7536178.62x113.30118.95+51.07%+58.60%
Atmastco23 February 2024SME (NSE)7756.2516.63x9195.55+18.18%+24.09%
Rudra Gas15 February 2024SME (BSE)6314.16350.80x119.70125.68+90%+99.49%
Konstelec Engineers30 January 2024SME (NSE)7028.70341.85x210220.50+200%+215%
Kay Cee Energy5 January 2024SME (NSE)5415.93959.53x252239.40+366.67%+343.33%
Chavda Infra25 September 2023SME (NSE)6543.26126.07x9186.45+40%+33%
Vishnu Prakash Punglia5 September 2023Mainboard99308.6187.79x165145.70+66.67%+47.17%
Udayshivakumar Infra3 April 2023Mainboard356630.63x3031.50-14.29%-10%
GR Infraprojects19 July 2021Mainboard837962.33102.58x1,715.851,747.10+105%+108.73%
Likhitha Infrastructure15 October 2020Mainboard12061.209.51x130136.50+8.33%+13.75%
Sterling & Wilson Solar20 August 2019Mainboard7802,849.640.85x706726.20-9.49%-6.90%
Rail Vikas Nigam11 April 2019Mainboard19477.111.82x1919.050%+0.26%
IRCON International28 September 2018Mainboard475466.949.77x412415.30-13.26%-12.57%
RITES Limited2 July 2018Mainboard185460.5166.74x190213.30+2.70%+15.30%
HG Infra Engineering9 March 2018Mainboard2704624.98x270267.750%-0.83%