Media, Entertainment & Publication: IPO Track Record

Mostly SME (34 of 37). Before 2025 its IPOs drew a median 156.37x subscription; since, 4.31x.

Listed IPOs
37
3 mainboard, 34 SME
Amount raised
INR 2,790.62 crore
2021 to 2026
Median gain at open
+13.56%
listing day, vs issue price
Median gain at close
+12.17%
listing day, vs issue price
Opened above issue price
75.68%
share of listings
Closed below issue price
27.03%
on listing day
Median subscription
52.11x
total, final day
Vs same-year IPOs
+1.40
percentage points; median gap at open

Best listing: Maxposure (+339.39% at open, 23 January 2024). Weakest: Value 360 Communications (-20% at open, 11 May 2026).

Mainboard vs SME

SegmentIPOsMedian gain at openMedian gain at closeOpened above issueClosed below issueMedian subscription
Mainboard3+9.97%+2.56%66.67%33.33%105.81x
SME34+14.82%+13.59%76.47%26.47%43.94x

Year by Year

YearIPOsMedian gain at openMedian gain at closeOpened above issueMedian subscription
2026100%+0.17%40%3.80x
20257+16.09%+12.17%71.43%35.76x
202410+47.80%+55.19%90%287.12x
20239+38.46%+45.38%100%88.43x
20211+80.74%+44.60%100%175.46x

All 37 IPOs

IPOListedSegmentIssue price (INR)Issue size (INR crore)SubscriptionOpen (INR)Close (INR)Gain at openGain at close
SK Offset30 September 2026SME (BSE)12529.061.23x126126.35+0.80%+1.08%
Liqvd Digital30 September 2026SME (BSE)5439.015.46x53.7351.05-0.50%-5.46%
Century Business Media21 September 2026SME (BSE)7417.1158x7473.920%-0.11%
Sunshine Pictures25 August 2026Mainboard360282.14105.81x395.90369.20+9.97%+2.56%
Optimystix Entertainment14 August 2026SME (NSE)175108.502.21x180189+2.86%+8%
Simca Advertising15 May 2026SME (NSE)18358.0480.93x156163.80-14.75%-10.49%
Value 360 Communications11 May 2026SME (NSE)9841.691.25x78.4082.30-20%-16.02%
Emiac Technologies13 April 2026SME (BSE)9831.753.30x107.80108.79+10%+11.01%
Novus Loyalty25 March 2026SME (BSE)14660.151.63x146146.650%+0.45%
Yaap Digital5 March 2026SME (NSE)14580.114.31x127133.35-12.41%-8.03%
Dachepalli Publishers30 December 2025SME (BSE)10240.392.04x81.6079.15-20%-22.40%
BAG Convergence8 October 2025SME (NSE)8748.721.45x101106.05+16.09%+21.90%
Chatterbox Technologies3 October 2025SME (BSE)11542.8652.11x135129+17.39%+12.17%
Studio LSD25 August 2025SME (NSE)5474.253.28x43.2041.05-20%-23.98%
Connplex Cinemas14 August 2025SME (NSE)17790.2735.76x195186.90+10.17%+5.59%
Cash Ur Drive Marketing7 August 2025SME (NSE)13060.7982.03x155157.45+19.23%+21.12%
Adcounty Media4 July 2025SME (BSE)8550.69273.16x130136.50+52.94%+60.59%
Identical Brains Studios26 December 2024SME (NSE)5419.95544.36x9599.75+75.93%+84.72%
Toss The Coin17 December 2024SME (BSE)1829.171,025.84x345.80363.05+90%+99.48%
Pelatro24 September 2024SME (NSE)20055.9821.67x275288.75+37.50%+44.38%
Picturepost Studios9 August 2024SME (NSE)2418.72266.67x3031.50+25%+31.25%
Chetana Education31 July 2024SME (NSE)8545.90196.56x98.90103.80+16.35%+22.12%
Veritaas Advertising21 May 2024SME (NSE)1148.48621.69x275261.25+141.23%+129.17%
Radiowalla5 April 2024SME (NSE)7614.25307.58x120.15126.15+58.09%+65.99%
R K Swamy12 March 2024Mainboard288423.5625.78x250262.60-13.19%-8.82%
Baweja Studios6 February 2024SME (NSE)18097.202.68x183173.85+1.67%-3.42%
Maxposure23 January 2024SME (NSE)3320.26904.82x145137.75+339.39%+317.42%
Graphisads13 December 2023SME (NSE)11153.413.62x111.50105.95+0.45%-4.55%
Inspire Films5 October 2023SME (NSE)5921.2390.46x6767.85+13.56%+15%
Digikore Studios4 October 2023SME (NSE)17130.48243.11x270283.50+57.89%+65.79%
Pramara Promotions13 September 2023SME (NSE)6315.2724.23x111116.55+76.19%+85%
Basilic Fly Studio11 September 2023SME (NSE)9766.35358.85x271284.55+179.38%+193.35%
Crayons Advertising2 June 2023SME (NSE)6541.80137.28x9094.50+38.46%+45.38%
Innokaiz India11 May 2023SME (BSE)7821.1788.43x148.20155.61+90%+99.50%
Bright Outdoor Media24 March 2023SME (BSE)14655.481.22x150157.50+2.74%+7.88%
VELS Film22 March 2023SME (NSE)9933.741.04x101103.40+2.02%+4.44%
Nazara Technologies30 March 2021Mainboard1,101582.69175.46x1,9901,592+80.74%+44.60%