Nuvama Wealth Management Merchant Banker for IPO Review

111 Total SME IPOs listed in 2025

4,998.15 Crs. Total funds raised in 2025

77 SME IPOs listed with Gain in 2025

34 SME IPOs listed with loss in 2025

111 Total SME IPOs listed in 2025

4,998.15 Crs. Total funds raised in 2025

77 SME IPOs listed with Gain in 2025

34 SME IPOs listed with loss in 2025

111 Total SME IPOs listed in 2025

4,998.15 Crs. Total funds raised in 2025

77 SME IPOs listed with Gain in 2025

34 SME IPOs listed with loss in 2025

111 Total SME IPOs listed in 2025

4998.15 Crs. Total funds raised in 2,025.00

77 SME IPOs listed with Gain in 2025

34 SME IPOs listed with loss in 2025

×

Company Name	IPO Year (Listed)	IPO Size (Cr.)	PE Ratio
Sambhv Steel Tubes Limited	02 Jul 2025	540.00	44.54
HDB Financial Services Limited	02 Jul 2025	12500.00	28.15
Aris Infra Solutions Limited	25 Jun 2025	499.60
Oswal Pumps Limited	20 Jun 2025	1387.34	24.22
Ajax Engineering Limited	17 Feb 2025	1269.35	35.62
Laxmi Dental Limited	20 Jan 2025	698.06	51.73
Carraro India Limited	30 Dec 2024	1250.00	40.24
Senores Pharmaceuticals Limited	30 Dec 2024	582.11	28.21
DAM Capital Advisors Limited	27 Dec 2024	840.25	28.37
Suraksha Diagnostic Limited	06 Dec 2024	846.25	74.89
NTPC Green Energy Limited	27 Nov 2024	10000.00	259.56
ACME Solar Holdings Limited	13 Nov 2024	2900.00	3147.37
Afcons Infrastructure Limited	04 Nov 2024	5430.00	46.48
P N Gadgil Jewellers Limited	17 Sep 2024	1100.00	42.20
Allied Blenders and Distillers Limited	02 Jul 2024	1500.00	1000.00
Popular Vehicles & Services Limited	19 Mar 2024	601.55	26.22
Capital Small Finance Bank Limited	14 Feb 2024	523.07	35.29
Medi Assist Healthcare Services Limited	23 Jan 2024	1171.58	21.86
Flair Writing Industries Limited	01 Dec 2023	593.00	0.00
Gandhar Oil Refinery (India) Limited	30 Nov 2023	500.69	10.25
ESAF Small Finance Bank Limited	10 Nov 2023	463.00	18.69
Sai Silks (Kalamandir) Limited	27 Sep 2023	1201.00	0.00
Jupiter Life Line Hospitals Limited	18 Sep 2023	869.08	0.00

Company Name	IPO Year (Listed)	Offer Price	Listing Price	Listing Gain (%)
Sambhv Steel Tubes Limited	02 Jul 2025	82.00	110.00	34.15
HDB Financial Services Limited	02 Jul 2025	740.00	835.00	12.84
Oswal Pumps Limited	20 Jun 2025	614.00	634.00	3.26
Laxmi Dental Limited	20 Jan 2025	428.00	542.00	26.64
Senores Pharmaceuticals Limited	30 Dec 2024	391.00	609.00	55.75
DAM Capital Advisors Limited	27 Dec 2024	283.00	393.00	38.87
NTPC Green Energy Limited	27 Nov 2024	108.00	121.50	12.50
Afcons Infrastructure Limited	04 Nov 2024	463.00	474.55	2.49
P N Gadgil Jewellers Limited	17 Sep 2024	480.00	792.80	65.17
Allied Blenders and Distillers Limited	02 Jul 2024	281.00	317.85	13.11
Medi Assist Healthcare Services Limited	23 Jan 2024	418.00	464.25	11.06
Flair Writing Industries Limited	01 Dec 2023	304.00	452.70	48.91
Gandhar Oil Refinery (India) Limited	30 Nov 2023	169.00	301.50	78.40
ESAF Small Finance Bank Limited	10 Nov 2023	60.00	69.05	15.08
Sai Silks (Kalamandir) Limited	27 Sep 2023	222.00	244.85	10.29
Jupiter Life Line Hospitals Limited	18 Sep 2023	735.00	1075.25	46.29

Company Name	IPO Year (Listed)	Offer Price	Listing Price	Listing Gain (%)
Aris Infra Solutions Limited	25 Jun 2025	222.00	205.00	-7.66
Ajax Engineering Limited	17 Feb 2025	629.00	576.00	-8.43
Carraro India Limited	30 Dec 2024	704.00	651.00	-7.53
Suraksha Diagnostic Limited	06 Dec 2024	441.00	437.00	-0.91
ACME Solar Holdings Limited	13 Nov 2024	289.00	253.50	-12.28
Popular Vehicles & Services Limited	19 Mar 2024	295.00	276.25	-6.36
Capital Small Finance Bank Limited	14 Feb 2024	468.00	434.30	-7.20

Company Name	IPO Year (Listed)	Subscription	IPO Size (Cr.)	Listing Gain (%)

Company Name	IPO Year (Listed)	Subscription	IPO Size (Cr.)	Listing Gain (%)
Aris Infra Solutions Limited	25 Jun 2025	2.80	499.60	-7.66
Carraro India Limited	30 Dec 2024	1.18	1250.00	-7.53
Suraksha Diagnostic Limited	06 Dec 2024	1.27	846.25	-0.91
NTPC Green Energy Limited	27 Nov 2024	2.55	10000.00	12.50
ACME Solar Holdings Limited	13 Nov 2024	2.89	2900.00	-12.28
Afcons Infrastructure Limited	04 Nov 2024	2.77	5430.00	2.49
Popular Vehicles & Services Limited	19 Mar 2024	1.25	601.55	-6.36

Company Name	IPO Year (Listed)	Subscription	IPO Size (Cr.)	Listing Gain (%)
Capital Small Finance Bank Limited	14 Feb 2024	4.17	523.07	-7.20
Sai Silks (Kalamandir) Limited	27 Sep 2023	4.47	1201.00	10.29

Company Name	IPO Year (Listed)	Subscription	IPO Size (Cr.)	Listing Gain (%)
Ajax Engineering Limited	17 Feb 2025	6.06	1269.35	-8.43

Company Name	IPO Year (Listed)	Subscription	IPO Size (Cr.)	Listing Gain (%)
Sambhv Steel Tubes Limited	02 Jul 2025	30.33	540.00	34.15
HDB Financial Services Limited	02 Jul 2025	17.65	12500.00	12.84
Oswal Pumps Limited	20 Jun 2025	34.42	1387.34	3.26
Laxmi Dental Limited	20 Jan 2025	114.14	698.06	26.64
Senores Pharmaceuticals Limited	30 Dec 2024	97.86	582.11	55.75
DAM Capital Advisors Limited	27 Dec 2024	81.88	840.25	38.87
P N Gadgil Jewellers Limited	17 Sep 2024	59.41	1100.00	65.17
Allied Blenders and Distillers Limited	02 Jul 2024	24.85	1500.00	13.11
Medi Assist Healthcare Services Limited	23 Jan 2024	16.25	1171.58	11.06
Flair Writing Industries Limited	01 Dec 2023	49.28	593.00	48.91
Gandhar Oil Refinery (India) Limited	30 Nov 2023	65.63	500.69	78.40
ESAF Small Finance Bank Limited	10 Nov 2023	77.00	463.00	15.08
Jupiter Life Line Hospitals Limited	18 Sep 2023	64.80	869.08	46.29

Company Name	IPO Year (Listed)	Subscription	IPO Size (Cr.)	Listing Gain (%)

Company Name	IPO Year (Listed)	Issue size	PE Ratio	Listing Gain (%)

Company Name	IPO Year (Listed)	Issue size	PE Ratio	Listing Gain (%)

Company Name	IPO Year (Listed)	Issue size	PE Ratio	Listing Gain(%)
Aris Infra Solutions Limited	25 Jun 2025	499.60 Cr.		-7.66
ESAF Small Finance Bank Limited	10 Nov 2023	463.00 Cr.	18.69	15.08

Company Name	IPO Year (Listed)	Issue size	PE Ratio	Listing Gain (%)
Sambhv Steel Tubes Limited	02 Jul 2025	540.00 Cr.	44.54	34.15
Laxmi Dental Limited	20 Jan 2025	698.06 Cr.	51.73	26.64
Senores Pharmaceuticals Limited	30 Dec 2024	582.11 Cr.	28.21	55.75
DAM Capital Advisors Limited	27 Dec 2024	840.25 Cr.	28.37	38.87
Suraksha Diagnostic Limited	06 Dec 2024	846.25 Cr.	74.89	-0.91
Popular Vehicles & Services Limited	19 Mar 2024	601.55 Cr.	26.22	-6.36
Capital Small Finance Bank Limited	14 Feb 2024	523.07 Cr.	35.29	-7.20
Flair Writing Industries Limited	01 Dec 2023	593.00 Cr.	0.00	48.91
Gandhar Oil Refinery (India) Limited	30 Nov 2023	500.69 Cr.	10.25	78.40
Jupiter Life Line Hospitals Limited	18 Sep 2023	869.08 Cr.	0.00	46.29

Company Name	IPO Year (Listed)	Issue size	PE Ratio	Listing Gain (%)
HDB Financial Services Limited	02 Jul 2025	12500.00 Cr.	28.15	12.84
Oswal Pumps Limited	20 Jun 2025	1387.34 Cr.	24.22	3.26
Ajax Engineering Limited	17 Feb 2025	1269.35 Cr.	35.62	-8.43
Carraro India Limited	30 Dec 2024	1250.00 Cr.	40.24	-7.53
NTPC Green Energy Limited	27 Nov 2024	10000.00 Cr.	259.56	12.50
ACME Solar Holdings Limited	13 Nov 2024	2900.00 Cr.	3147.37	-12.28
Afcons Infrastructure Limited	04 Nov 2024	5430.00 Cr.	46.48	2.49
P N Gadgil Jewellers Limited	17 Sep 2024	1100.00 Cr.	42.20	65.17
Allied Blenders and Distillers Limited	02 Jul 2024	1500.00 Cr.	1000.00	13.11
Medi Assist Healthcare Services Limited	23 Jan 2024	1171.58 Cr.	21.86	11.06
Sai Silks (Kalamandir) Limited	27 Sep 2023	1201.00 Cr.	0.00	10.29

Company Name	IPO Year (Listed)	Subscription	PE Ratio	Listing Gain (%)

Company Name	IPO Year (Listed)	Subscription	PE Ratio	Listing Gain (%)
Oswal Pumps Limited	20 Jun 2025	34.42	24.22	3.26
Medi Assist Healthcare Services Limited	23 Jan 2024	16.25	21.86	11.06
Gandhar Oil Refinery (India) Limited	30 Nov 2023	65.63	10.25	78.40
ESAF Small Finance Bank Limited	10 Nov 2023	77.00	18.69	15.08

Company Name	IPO Year (Listed)	Subscription	PE Ratio	Listing Gain (%)
Sambhv Steel Tubes Limited	02 Jul 2025	30.33	44.54	34.15
HDB Financial Services Limited	02 Jul 2025	17.65	28.15	12.84
Ajax Engineering Limited	17 Feb 2025	6.06	35.62	-8.43
Carraro India Limited	30 Dec 2024	1.18	40.24	-7.53
Senores Pharmaceuticals Limited	30 Dec 2024	97.86	28.21	55.75
DAM Capital Advisors Limited	27 Dec 2024	81.88	28.37	38.87
Afcons Infrastructure Limited	04 Nov 2024	2.77	46.48	2.49
P N Gadgil Jewellers Limited	17 Sep 2024	59.41	42.20	65.17
Popular Vehicles & Services Limited	19 Mar 2024	1.25	26.22	-6.36
Capital Small Finance Bank Limited	14 Feb 2024	4.17	35.29	-7.20

Company Name	IPO Year (Listed)	Subscription	PE Ratio	Listing Gain (%)
Laxmi Dental Limited	20 Jan 2025	114.14	51.73	26.64
Suraksha Diagnostic Limited	06 Dec 2024	1.27	74.89	-0.91

Company Name	IPO Year (Listed)	Subscription	PE Ratio	Listing Gain (%)
NTPC Green Energy Limited	27 Nov 2024	2.55	259.56	12.50
ACME Solar Holdings Limited	13 Nov 2024	2.89	3147.37	-12.28
Allied Blenders and Distillers Limited	02 Jul 2024	24.85	1000.00	13.11

Company Name	IPO Year (Listed)	Subscription	PE Ratio	Listing Gain (%)
Aris Infra Solutions Limited	25 Jun 2025	2.80		-7.66
Flair Writing Industries Limited	01 Dec 2023	49.28	0.00	48.91
Sai Silks (Kalamandir) Limited	27 Sep 2023	4.47	0.00	10.29
Jupiter Life Line Hospitals Limited	18 Sep 2023	64.80	0.00	46.29

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Popular Vehicles & Services Limited	19 Mar 2024	Ernakulam	Automobile	601.55	26.22

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
HDB Financial Services Limited	02 Jul 2025	Ahmedabad	Banking and Finance	12500.00	28.15
DAM Capital Advisors Limited	27 Dec 2024	Mumbai	Banking and Finance	840.25	28.37
Capital Small Finance Bank Limited	14 Feb 2024	Jalandhar	Banking and Finance	523.07	35.29
ESAF Small Finance Bank Limited	10 Nov 2023	Thrissur	Banking and Finance	463.00	18.69

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Gandhar Oil Refinery (India) Limited	30 Nov 2023	Mumbai	Chemical	500.69	10.25

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Carraro India Limited	30 Dec 2024	Pune	Engineering - Automotive	1250.00	40.24

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Laxmi Dental Limited	20 Jan 2025	Mumbai	Healthcare	698.06	51.73

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Suraksha Diagnostic Limited	06 Dec 2024	Kolkata	Healthcare - Hospitals and Clinic	846.25	74.89
Jupiter Life Line Hospitals Limited	18 Sep 2023	Mumbai	Healthcare - Hospitals and Clinic	869.08	0.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Aris Infra Solutions Limited	25 Jun 2025	Mumbai	Infrastructure	499.60
Ajax Engineering Limited	17 Feb 2025	Bangalore	Infrastructure	1269.35	35.62
Afcons Infrastructure Limited	04 Nov 2024	Mumbai	Infrastructure	5430.00	46.48

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Medi Assist Healthcare Services Limited	23 Jan 2024	Bangalore	Insurance	1171.58	21.86

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
P N Gadgil Jewellers Limited	17 Sep 2024	Pune	Jewellery	1100.00	42.20

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Allied Blenders and Distillers Limited	02 Jul 2024	Mumbai	Liquor and Distilleries	1500.00	1000.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Flair Writing Industries Limited	01 Dec 2023	Mumbai	Paper and Stationery	593.00	0.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Senores Pharmaceuticals Limited	30 Dec 2024	Ahmedabad	Pharmaceutical	582.11	28.21

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
NTPC Green Energy Limited	27 Nov 2024	New Delhi	Power and Energy	10000.00	259.56

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Oswal Pumps Limited	20 Jun 2025	Karnal	Solar	1387.34	24.22
ACME Solar Holdings Limited	13 Nov 2024	New Delhi	Solar	2900.00	3147.37

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Sambhv Steel Tubes Limited	02 Jul 2025	Raipur	Steel	540.00	44.54

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE Ratio
Sai Silks (Kalamandir) Limited	27 Sep 2023	Hyderabad	Textiles	1201.00	0.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
HDB Financial Services Limited	02 Jul 2025	Ahmedabad	Banking and Finance	12500.00	28.15
Senores Pharmaceuticals Limited	30 Dec 2024	Ahmedabad	Pharmaceutical	582.11	28.21

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Ajax Engineering Limited	17 Feb 2025	Bangalore	Infrastructure	1269.35	35.62
Medi Assist Healthcare Services Limited	23 Jan 2024	Bangalore	Insurance	1171.58	21.86

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Popular Vehicles & Services Limited	19 Mar 2024	Ernakulam	Automobile	601.55	26.22

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Sai Silks (Kalamandir) Limited	27 Sep 2023	Hyderabad	Textiles	1201.00	0.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Capital Small Finance Bank Limited	14 Feb 2024	Jalandhar	Banking and Finance	523.07	35.29

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Oswal Pumps Limited	20 Jun 2025	Karnal	Solar	1387.34	24.22

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Suraksha Diagnostic Limited	06 Dec 2024	Kolkata	Healthcare - Hospitals and Clinic	846.25	74.89

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Aris Infra Solutions Limited	25 Jun 2025	Mumbai	Infrastructure	499.60
Laxmi Dental Limited	20 Jan 2025	Mumbai	Healthcare	698.06	51.73
DAM Capital Advisors Limited	27 Dec 2024	Mumbai	Banking and Finance	840.25	28.37
Afcons Infrastructure Limited	04 Nov 2024	Mumbai	Infrastructure	5430.00	46.48
Allied Blenders and Distillers Limited	02 Jul 2024	Mumbai	Liquor and Distilleries	1500.00	1000.00
Flair Writing Industries Limited	01 Dec 2023	Mumbai	Paper and Stationery	593.00	0.00
Gandhar Oil Refinery (India) Limited	30 Nov 2023	Mumbai	Chemical	500.69	10.25
Jupiter Life Line Hospitals Limited	18 Sep 2023	Mumbai	Healthcare - Hospitals and Clinic	869.08	0.00

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
NTPC Green Energy Limited	27 Nov 2024	New Delhi	Power and Energy	10000.00	259.56
ACME Solar Holdings Limited	13 Nov 2024	New Delhi	Solar	2900.00	3147.37

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Carraro India Limited	30 Dec 2024	Pune	Engineering - Automotive	1250.00	40.24
P N Gadgil Jewellers Limited	17 Sep 2024	Pune	Jewellery	1100.00	42.20

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
Sambhv Steel Tubes Limited	02 Jul 2025	Raipur	Steel	540.00	44.54

Company Name	IPO Year (Listed)	City	Sector	IPO Size (Cr.)	PE
ESAF Small Finance Bank Limited	10 Nov 2023	Thrissur	Banking and Finance	463.00	18.69

Company Name	IPO Year (Listed)	Offer Price	CMP	Current Market Performance %
Sambhv Steel Tubes Limited	02 Jul 2025	82.00	122.83	49.79%
HDB Financial Services Limited	02 Jul 2025	740.00	841.25	13.68%
Oswal Pumps Limited	20 Jun 2025	614.00	680.45	10.82%
Ajax Engineering Limited	17 Feb 2025	629.00	691.85	9.99%
Laxmi Dental Limited	20 Jan 2025	428.00	467.15	9.15%
Senores Pharmaceuticals Limited	30 Dec 2024	391.00	627.90	60.59%
NTPC Green Energy Limited	27 Nov 2024	108.00	110.09	1.94%
P N Gadgil Jewellers Limited	17 Sep 2024	480.00	600.00	25.00%
Allied Blenders and Distillers Limited	02 Jul 2024	281.00	491.45	74.89%
Medi Assist Healthcare Services Limited	23 Jan 2024	418.00	563.10	34.71%
Flair Writing Industries Limited	01 Dec 2023	304.00	320.00	5.26%
Gandhar Oil Refinery (India) Limited	30 Nov 2023	169.00	170.03	0.61%
Jupiter Life Line Hospitals Limited	18 Sep 2023	735.00	1480.50	101.43%

Company Name	IPO Year (Listed)	Offer Price	CMP	Current Market Performance %
Aris Infra Solutions Limited	25 Jun 2025	222.00	163.02	-26.57%
Carraro India Limited	30 Dec 2024	704.00	440.80	-37.39%
DAM Capital Advisors Limited	27 Dec 2024	283.00	252.20	-10.88%
Suraksha Diagnostic Limited	06 Dec 2024	441.00	318.10	-27.87%
ACME Solar Holdings Limited	13 Nov 2024	289.00	282.64	-2.20%
Afcons Infrastructure Limited	04 Nov 2024	463.00	423.15	-8.61%
Popular Vehicles & Services Limited	19 Mar 2024	295.00	134.98	-54.24%
Capital Small Finance Bank Limited	14 Feb 2024	468.00	280.15	-40.14%
ESAF Small Finance Bank Limited	10 Nov 2023	60.00	34.14	-43.10%
Sai Silks (Kalamandir) Limited	27 Sep 2023	222.00	153.26	-30.96%

Company Name	IPO Year (Listed)	Listing Price	CMP	Current Market Performance %
Sambhv Steel Tubes Limited	02 Jul 2025	110.00	122.83	49.79%
HDB Financial Services Limited	02 Jul 2025	835.00	841.25	13.68%
Oswal Pumps Limited	20 Jun 2025	634.00	680.45	10.82%
Ajax Engineering Limited	17 Feb 2025	576.00	691.85	9.99%
Senores Pharmaceuticals Limited	30 Dec 2024	609.00	627.90	60.59%
ACME Solar Holdings Limited	13 Nov 2024	253.50	282.64	-2.20%
Allied Blenders and Distillers Limited	02 Jul 2024	317.85	491.45	74.89%
Medi Assist Healthcare Services Limited	23 Jan 2024	464.25	563.10	34.71%
Jupiter Life Line Hospitals Limited	18 Sep 2023	1075.25	1480.50	101.43%

Company Name	IPO Year (Listed)	Listing Price	CMP	Current Market Performance %
Aris Infra Solutions Limited	25 Jun 2025	205.00	163.02	-26.57%
Laxmi Dental Limited	20 Jan 2025	542.00	467.15	9.15%
Carraro India Limited	30 Dec 2024	651.00	440.80	-37.39%
DAM Capital Advisors Limited	27 Dec 2024	393.00	252.20	-10.88%
Suraksha Diagnostic Limited	06 Dec 2024	437.00	318.10	-27.87%
NTPC Green Energy Limited	27 Nov 2024	121.50	110.09	1.94%
Afcons Infrastructure Limited	04 Nov 2024	474.55	423.15	-8.61%
P N Gadgil Jewellers Limited	17 Sep 2024	792.80	600.00	25.00%
Popular Vehicles & Services Limited	19 Mar 2024	276.25	134.98	-54.24%
Capital Small Finance Bank Limited	14 Feb 2024	434.30	280.15	-40.14%
Flair Writing Industries Limited	01 Dec 2023	452.70	320.00	5.26%
Gandhar Oil Refinery (India) Limited	30 Nov 2023	301.50	170.03	0.61%
ESAF Small Finance Bank Limited	10 Nov 2023	69.05	34.14	-43.10%
Sai Silks (Kalamandir) Limited	27 Sep 2023	244.85	153.26	-30.96%

Company Name	IPO Year (Listed)	Exchange	PE Ratio	IPO Size (Cr.)

Company Name	IPO Year (Listed)	Exchange	PE Ratio	IPO Size (Cr.)

Company Name	IPO Year (Listed)	IPO Size (Cr.)	Exchange	MIgration date

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List of Merchant Bankers Connect with Nuvama Wealth Management Limit...

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Nuvama Wealth Management Limited ★★★★☆

Nuvama Wealth Management Limited is a SEBI registered Merchant Banker located in Mumbai. They provide services in various areas of capital markets like, broking services, depository services, distribution of financial products, short term funding, margin trading facility etc.

Incorporation Year 1993

City Mumbai

Website https://www.nuvamawealth.com/

IPOs so far 23

IPOs by Listing

Latest IPOs

Sambhv Steel Tubes Limited

Sector : Steel

Exchange : MainBoard

Listing Date : 02 Jul 2025

IPO Size : 540 Cr.

Subscribed : 30.33 x

Listing Gain : 34.15 %

HDB Financial Services Limited

Sector : Banking and Finance

Exchange : MainBoard

Listing Date : 02 Jul 2025

IPO Size : 12,500 Cr.

Subscribed : 17.65 x

Listing Gain : 12.84 %

Aris Infra Solutions Limited

Sector : Infrastructure

Exchange : MainBoard

Listing Date : 25 Jun 2025

IPO Size : 500 Cr.

Subscribed : 2.80 x

Listing Gain : -7.66 %

Oswal Pumps Limited

Sector : Solar

Exchange : MainBoard

Listing Date : 20 Jun 2025

IPO Size : 1,387 Cr.

Subscribed : 34.42 x

Listing Gain : 3.26 %

Ajax Engineering Limited

Sector : Infrastructure

Exchange : MainBoard

Listing Date : 17 Feb 2025

IPO Size : 1,269 Cr.

Subscribed : 6.06 x

Listing Gain : -8.43 %

Laxmi Dental Limited

Sector : Healthcare

Exchange : MainBoard

Listing Date : 20 Jan 2025

IPO Size : 698 Cr.

Subscribed : 114.14 x

Listing Gain : 26.64 %

Carraro India Limited

Sector : Engineering - Automo

Exchange : MainBoard

Listing Date : 30 Dec 2024

IPO Size : 1,250 Cr.

Subscribed : 1.18 x

Listing Gain : -7.53 %

Senores Pharmaceuticals Limited

Sector : Pharmaceutical

Exchange : MainBoard

Listing Date : 30 Dec 2024

IPO Size : 582 Cr.

Subscribed : 97.86 x

Listing Gain : 55.75 %

DAM Capital Advisors Limited

Sector : Banking and Finance

Exchange : MainBoard

Listing Date : 27 Dec 2024

IPO Size : 840 Cr.

Subscribed : 81.88 x

Listing Gain : 38.87 %

Suraksha Diagnostic Limited

Sector : Healthcare - Hospita

Exchange : MainBoard

Listing Date : 06 Dec 2024

IPO Size : 846 Cr.

Subscribed : 1.27 x

Listing Gain : -0.91 %

NTPC Green Energy Limited

Sector : Power and Energy

Exchange : MainBoard

Listing Date : 27 Nov 2024

IPO Size : 10,000 Cr.

Subscribed : 2.55 x

Listing Gain : 12.50 %

ACME Solar Holdings Limited

Sector : Solar

Exchange : MainBoard

Listing Date : 13 Nov 2024

IPO Size : 2,900 Cr.

Subscribed : 2.89 x

Listing Gain : -12.28 %

Afcons Infrastructure Limited

Sector : Infrastructure

Exchange : MainBoard

Listing Date : 04 Nov 2024

IPO Size : 5,430 Cr.

Subscribed : 2.77 x

Listing Gain : 2.49 %

P N Gadgil Jewellers Limited

Sector : Jewellery

Exchange : MainBoard

Listing Date : 17 Sep 2024

IPO Size : 1,100 Cr.

Subscribed : 59.41 x

Listing Gain : 65.17 %

Allied Blenders and Distillers Limited

Sector : Liquor and Distiller

Exchange : MainBoard

Listing Date : 02 Jul 2024

IPO Size : 1,500 Cr.

Subscribed : 24.85 x

Listing Gain : 13.11 %

Popular Vehicles & Services Limited

Sector : Automobile

Exchange : MainBoard

Listing Date : 19 Mar 2024

IPO Size : 602 Cr.

Subscribed : 1.25 x

Listing Gain : -6.36 %

Capital Small Finance Bank Limited

Sector : Banking and Finance

Exchange : MainBoard

Listing Date : 14 Feb 2024

IPO Size : 523 Cr.

Subscribed : 4.17 x

Listing Gain : -7.20 %

Medi Assist Healthcare Services Limited

Sector : Insurance

Exchange : MainBoard

Listing Date : 23 Jan 2024

IPO Size : 1,172 Cr.

Subscribed : 16.25 x

Listing Gain : 11.06 %

Flair Writing Industries Limited

Sector : Paper and Stationery

Exchange : MainBoard

Listing Date : 01 Dec 2023

IPO Size : 593 Cr.

Subscribed : 49.28 x

Listing Gain : 48.91 %

Gandhar Oil Refinery (India) Limited

Sector : Chemical

Exchange : MainBoard

Listing Date : 30 Nov 2023

IPO Size : 501 Cr.

Subscribed : 65.63 x

Listing Gain : 78.40 %

ESAF Small Finance Bank Limited

Sector : Banking and Finance

Exchange : MainBoard

Listing Date : 10 Nov 2023

IPO Size : 463 Cr.

Subscribed : 77.00 x

Listing Gain : 15.08 %

Sai Silks (Kalamandir) Limited

Sector : Textiles

Exchange : MainBoard

Listing Date : 27 Sep 2023

IPO Size : 1,201 Cr.

Subscribed : 4.47 x

Listing Gain : 10.29 %

Jupiter Life Line Hospitals Limited

Sector : Healthcare - Hospita

Exchange : MainBoard

Listing Date : 18 Sep 2023

IPO Size : 869 Cr.

Subscribed : 64.80 x

Listing Gain : 46.29 %

IPOs by Subscription

Subscribed Less than 1 times 0 (0%)

Subscribed 1 to 3 times 7 (30%)

Subscribed 3 to 5 times2 (9%)

Subscribed 5 to 10 times 1 (4%)

Subscribed more than 10 times13 (57%)

IPOs by IPO Size

0-100 Cr 0 (0%)

100-250 Cr 0 (0%)

250-500 Cr 2 (9%)

500-1,000 Cr 10 (43%)

1,000+ Cr11 (48%)

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IPOs by PE

(10-25) 4 (17%)

(25-50) 10 (43%)

(50-100) 2 (9%)

IPOs by City

Ahmedabad 2

Bangalore 2

Ernakulam 1

Hyderabad 1

Jalandhar 1

Karnal 1

Kolkata 1

Mumbai 8

New Delhi 2

Pune 2

Raipur 1

Thrissur 1

IPOs by Sector

Automobile 1

Banking and Finance 4

Chemical 1

Engineering - Automotive 1

Healthcare 1

Healthcare - Hospitals and Clinic 2

Infrastructure 3

Insurance 1

Jewellery 1

Liquor and Distilleries 1

Paper and Stationery 1

Pharmaceutical 1

Power and Energy 1

Solar 2

Steel 1

Textiles 1

IPOs by Post Listing Performance

Offer Price Vs Current Market Price

Listing Price Vs Current Market Price

Upcoming IPOs of Nuvama Wealth

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

ICICI Prudential Asset Management Company Limited

Banking and Finance

Date of DRHP : 08 Jul 2025

Revenue : 4,977.33

PAT : 2,650.66

Detailed Review

Curefoods India Limited

Hotels and Resorts - QSR

Date of DRHP : 28 Jun 2025

Revenue : 745.80

PAT : -169.97

Detailed Review

Fusion Cx Limited

Information Technology

Date of DRHP : 26 May 2025

Revenue : 1,234.00

PAT : 62.93

Detailed Review

KSH International Limited

Cables and Wires

Date of DRHP : 22 May 2025

Revenue : 1,893.87

PAT : 66.00

Detailed Review

Mouri Tech Limited

Information Technology - Data Solutions

Date of DRHP : 05 May 2025

Revenue : 1,752.39

PAT : 180.47

Detailed Review

Anand Rathi Share and Stock Brokers Limited

Banking and Finance

Date of DRHP : 31 Mar 2025

Revenue : 884.60

PAT : 127.20

Detailed Review

Prozeal Green Energy Limited

Engineering - EPC

Date of DRHP : 30 Mar 2025

Revenue : 937.00

PAT : 103.00

Detailed Review

Park Medi World Limited

Healthcare - Hospitals and Clinic

Date of DRHP : 28 Mar 2025

Revenue : 1,383.02

PAT : 225.40

Detailed Review

Ssf Plastics India Limited

Himachal Pradesh

Plastic and Polymer

Date of DRHP : 20 Mar 2025

Revenue : 79.48

PAT : 3.02

Detailed Review

Veritas Finance Limited

Banking and Finance

Date of DRHP : 18 Jan 2025

Revenue : 1,440.20

PAT : 266.20

Detailed Review

Aye Finance Limited

Banking and Finance

Date of DRHP : 16 Dec 2024

Revenue : 782.18

PAT : 117.60

Detailed Review

Eaaa India Alternatives Limited

Banking and Finance

Date of DRHP : 05 Dec 2024

Revenue : 828.92

PAT : 247.36

Detailed Review

Sfc Environmental Technologies Limited

Date of DRHP : 02 Dec 2024

Revenue : 405.36

PAT : 26.00

Detailed Review

Jaro Institute Of Technology Management And Research Limited

Education - Edtech

Date of DRHP : 30 Sep 2024

Revenue : 202.56

PAT : 38.01

Detailed Review

Vikram Solar Limited

Date of DRHP : 30 Sep 2024

Revenue : 2,523.96

PAT : 79.72

Detailed Review

Solarworld Energy Solutions Limited

Date of DRHP : 29 Sep 2024

Revenue : 505.50

PAT : 51.69

Detailed Review

Avanse Financial Services Limited

Banking and Finance

Date of DRHP : 31 Jul 2024

Revenue : 1,726.96

PAT : 342.40

Detailed Review

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

Other Useful Resources

Explore Upcoming IPOs of other Merchant Bankers

Explore MainBoard IPOs

Compare Nuvama Wealth with Other Merchant Bankers

List of All Merchant Bankers