114  Total SME IPOs listed in 2025

5,174.44 Crs.  Total funds raised in 2025

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

114  Total SME IPOs listed in 2025

5,174.44 Crs.  Total funds raised in 2025

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

114  Total SME IPOs listed in 2025

5,174.44 Crs.  Total funds raised in 2025

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

114  Total SME IPOs listed in 2025

5174.44 Crs.  Total funds raised in 2,025.00

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

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Summary

PE Ratio*
Highest 83.00
Median 29.02
Lowest 13.00
IPO Size (Cr.)
Highest 6056.79
Median 1,004.22
Lowest 70.00
  1. *IPOs with Extreme PE (50+) are excluded from the above calculations.
  2. Above summary is for reference only as the same is based on the limited data set.

Mainboard Merchant Banker Performance Tracker 2016

IPO Performance of Merchant Bankers in India on NSE and BSE stock exchanges for Mainboard IPO 2016. List of merchant banks with number of IPO assisted, Total Fundraise, Average PE Ratio, IPO listed in Gain/loss and Current IPO Performance of the BRLM. Latest IPO Performance of Merchant banking company for IPO 2016. IPO Lead managers help business owners in the IPO Listing Process, Pre IPO Funding and IPO valuation for a Successful IPO Listing. Merchant Banker services guide the company in the IPO process and help in DRHP filing, RHP and Final Prospectus.

Merchant Banker No of IPOs so far Total funds raised (Cr.) Avg PE Ratio IPO Listed in Gain/Loss CMP vs Offer Price (Gain/Loss) CMP vs Listing Price (Gain/Loss)
ICICI Securities Limited 12.00 8,998.29 43.08 12  (100%)
0  (0%)
6  (50%)
6  (50%)
5  (42%)
7  (58%)
Kotak Mahindra Capital Company Limited 9.00 8,916.78 46.49 9  (100%)
0  (0%)
7  (78%)
2  (22%)
6  (67%)
3  (33%)
SBI Capital Markets Limited 7.00 10,716.96 44.43 7  (100%)
0  (0%)
6  (86%)
1  (14%)
5  (71%)
2  (29%)
Axis Capital Limited 6.00 4,627.39 33.83 6  (100%)
0  (0%)
3  (50%)
3  (50%)
3  (50%)
3  (50%)
Jm Financial Limited 6.00 11,836.91 28.67 6  (100%)
0  (0%)
6  (100%)
0  (0%)
6  (100%)
0  (0%)
Citigroup Global Markets India Private Limited 5.00 5,982.14 20.88 5  (100%)
0  (0%)
5  (100%)
0  (0%)
4  (80%)
1  (20%)
Dam Capital Advisors Limited (Formerly Idfc Securities Limited) 5.00 2,799.18 67.80 5  (100%)
0  (0%)
5  (100%)
0  (0%)
5  (100%)
0  (0%)
Edelweiss Financial Services Limited 5.00 9,870.64 18.80 5  (100%)
0  (0%)
3  (60%)
2  (40%)
3  (60%)
2  (40%)
IIFL Securities Limited 5.00 3,001.31 20.20 5  (100%)
0  (0%)
3  (60%)
2  (40%)
3  (60%)
2  (40%)
Axis Bank Limited 3.00 4,001.05 83.33 3  (100%)
0  (0%)
2  (67%)
1  (33%)
1  (33%)
2  (67%)
Bofa Securities India Limited 3.00 9,951.94 22.67 3  (100%)
0  (0%)
3  (100%)
0  (0%)
3  (100%)
0  (0%)
Jefferies India Private Limited 3.00 2,396.13 91.67 3  (100%)
0  (0%)
3  (100%)
0  (0%)
3  (100%)
0  (0%)
Hdfc Bank Limited 2.00 1,622.97 27.00 2  (100%)
0  (0%)
2  (100%)
0  (0%)
1  (50%)
1  (50%)
Hsbc Securities & Capital Markets Private limited 2.00 8,231.79 11.00 2  (100%)
0  (0%)
1  (50%)
1  (50%)
1  (50%)
1  (50%)
J.P. Morgan India Private Limited 2.00 3,452.00 39.00 2  (100%)
0  (0%)
2  (100%)
0  (0%)
2  (100%)
0  (0%)
Motilal Oswal Investment Advisors Limited 2.00 990.90 32.00 2  (100%)
0  (0%)
2  (100%)
0  (0%)
2  (100%)
0  (0%)
Pnb Investment Services Limited 2.00 784.39 16.00 2  (100%)
0  (0%)
2  (100%)
0  (0%)
2  (100%)
0  (0%)
Yes Bank Limited 2.00 1,512.50 64.00 2  (100%)
0  (0%)
1  (50%)
1  (50%)
1  (50%)
1  (50%)
Intensive Fiscal Services Private Limited 1.00 70.00 111.00 1  (100%)
0  (0%)
1  (100%)
0  (0%)
1  (100%)
0  (0%)
Ambit Private Limited 1.00 130.41 17.00 1  (100%)
0  (0%)
1  (100%)
0  (0%)
1  (100%)
0  (0%)
Bob Capital Markets Limited 1.00 70.00 111.00 1  (100%)
0  (0%)
1  (100%)
0  (0%)
1  (100%)
0  (0%)
Centrum Capital Limited 1.00 239.12 20.00 1  (100%)
0  (0%)
1  (100%)
0  (0%)
1  (100%)
0  (0%)
Clsa India Private Limited 1.00 1,112.50 83.00 1  (100%)
0  (0%)
1  (100%)
0  (0%)
1  (100%)
0  (0%)
Credit Suisse Securities (India) Private Limited 1.00 423.68 60.00 1  (100%)
0  (0%)
1  (100%)
0  (0%)
1  (100%)
0  (0%)
Deutsche Equities India Private Limited 1.00 6,056.79 0.00 1  (100%)
0  (0%)
1  (100%)
0  (0%)
1  (100%)
0  (0%)
Elara Capital (India) Private Limited 1.00 450.00 157.00 1  (100%)
0  (0%)
0  (0%)
1  (100%)
0  (0%)
1  (100%)
Goldman Sachs (India) Securities Private Limited 1.00 649.64 0.00 1  (100%)
0  (0%)
1  (100%)
0  (0%)
1  (100%)
0  (0%)
Jm Morgan Stanley Private Limited 1.00 3,000.75 33.00 1  (100%)
0  (0%)
1  (100%)
0  (0%)
1  (100%)
0  (0%)
Morgan Stanley India Company Private Limited 1.00 1,212.97 28.00 1  (100%)
0  (0%)
1  (100%)
0  (0%)
0  (0%)
1  (100%)
Ubs Securities India Private Limited 1.00 6,056.79 0.00 1  (100%)
0  (0%)
1  (100%)
0  (0%)
1  (100%)
0  (0%)

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Summary

PE Ratio*
Highest 83.00
Median 29.02
Lowest 13.00
IPO Size (Cr.)
Highest 6056.79
Median 1,004.22
Lowest 70.00
  1. *IPOs with Extreme PE (50+) are excluded from the above calculations.
  2. Above summary is for reference only as the same is based on the limited data set.

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Upcoming SME IPOs in India

The below mentioned are the forthcoming SME IPOs for which DRHPs have been filed recently and are in process of approval by the BSE SME or NSE Emerge exchange.

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*The Revenue and PAT figures mentioned above are on the Annualised basis.