66  Total SME IPOs listed in 2025

2,771.83 Crs.  Total funds raised in 2025

44  SME IPOs listed with Gain in 2025

22  SME IPOs listed with loss in 2025

66  Total SME IPOs listed in 2025

2771.83 Crs.  Total funds raised in 2025

44  SME IPOs listed with Gain in 2025

22  SME IPOs listed with loss in 2025

66  Total SME IPOs listed in 2025

2771.83 Crs.  Total funds raised in 2025

44  SME IPOs listed with Gain in 2025

22  SME IPOs listed with loss in 2025

66  Total SME IPOs listed in 2025

2771.83 Crs.  Total funds raised in 2025

44  SME IPOs listed with Gain in 2025

22  SME IPOs listed with loss in 2025

Merchant Banker: Finshore Management Services Limited

All you wish to know about IPO

Clear

Find More IPO

Summary

PE Ratio*
Highest 36.00
Median 17.47
Lowest 4.00
IPO Size (Cr.)
Highest 92.74
Median 12.63
Lowest 1.17
  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.
Thinking of
Listing Your Business through
SME IPO?
We can Help!
Contact Us Today
Company Name City Sector IPO Size (Cr.) IPO Size Classification Exchange IPO Year (Listed) PE Ratio PE Ratio Classification Merchant Banker
Spinaroo Commercial Limited Kolkata Aluminium 10.17 Medium (10-25 Cr) BSE SME Apr 2025 29.01 Moderately High (20-30) Finshore Management Services Limited
Shanmuga Hospital Limited Chennai Healthcare - Hospitals and Clinic 20.62 Medium (10-25 Cr) BSE SME Feb 2025 11.36 Average (10-20) Finshore Management Services Limited
Indobell Insulation Limited Kolkata Engineering 10.14 Medium (10-25 Cr) BSE SME Jan 2025 34.18 Very High (30-50) Finshore Management Services Limited
Dhanlaxmi Crop Science Limited Himmatnagar Agro 23.80 Medium (10-25 Cr) NSE EMERGE Dec 2024 5.47 Low (1-10) Finshore Management Services Limited
Travels & Rentals Limited Kolkata Travel and Tourism 12.24 Medium (10-25 Cr) BSE SME Sep 2024 15.11 Average (10-20) Finshore Management Services Limited
Solve Plastic Products Kollam Plastic and Polymer 11.85 Medium (10-25 Cr) NSE EMERGE Aug 2024 28.12 Moderately High (20-30) Finshore Management Services Limited
Sylvan Plyboard (India) Limited Kolkata Furniture 28.05 Large (25-50 Cr) NSE EMERGE Jul 2024 17.84 Average (10-20) Finshore Management Services Limited
Mayank Cattle Food Limited Rajkot Agro 19.44 Medium (10-25 Cr) BSE SME Feb 2024 33.89 Very High (30-50) Finshore Management Services Limited
HRH Next Services Limited Hyderabad Outsourcing - BPO 9.57 Small (5-10 Cr) NSE EMERGE Jan 2024 10.99 Average (10-20) Finshore Management Services Limited
Presstonic Engineering Limited Bangalore Engineering - EPC 23.30 Medium (10-25 Cr) NSE EMERGE Dec 2023 18.23 Average (10-20) Finshore Management Services Limited
Holmarc Opto-Mechatronics Limited Ernakulam Engineering 11.40 Medium (10-25 Cr) NSE EMERGE Sep 2023 11.30 Average (10-20) Finshore Management Services Limited
Alphalogic Industries Limited Pune Furniture - Industrial Storage 12.88 Medium (10-25 Cr) BSE SME Jul 2023 22.30 Moderately High (20-30) Finshore Management Services Limited
ITCONS E-Solutions Limited New Delhi Human Resources and Manpower 8.67 Small (5-10 Cr) BSE SME Mar 2023 12.09 Average (10-20) Finshore Management Services Limited
Indong Tea Company Limited Kolkata Tea and Coffee 13.01 Medium (10-25 Cr) BSE SME Feb 2023 9.52 Low (1-10) Finshore Management Services Limited
Arham Technologies Limited Raipur Electric Equipments - OEM 9.58 Small (5-10 Cr) NSE EMERGE Dec 2022 13.82 Average (10-20) Finshore Management Services Limited
AMBO Agritec Limited Kolkata Agro - Food Products 10.20 Medium (10-25 Cr) BSE SME Dec 2022 14.22 Average (10-20) Finshore Management Services Limited
Containe Technologies Limited Hyderabad Engineering - Automotive 2.62 Very Small (< 5 Cr) BSE SME Sep 2022 214.00 Extreme (50+) Finshore Management Services Limited
Mega Flex Plastics Limited Kolkata Packaging & Disposables 11.40 Medium (10-25 Cr) NSE EMERGE Sep 2022 16.19 Average (10-20) Finshore Management Services Limited
Naturo Indiabull Limited Jaipur FMCG 10.92 Medium (10-25 Cr) BSE SME Sep 2022 28.03 Moderately High (20-30) Finshore Management Services Limited
Upsurge Seeds of Agriculture Limited Rajkot Agro - Food Products 22.81 Medium (10-25 Cr) NSE EMERGE Aug 2022 21.35 Moderately High (20-30) Finshore Management Services Limited
Agni Green Power Limited Kolkata Solar 5.25 Small (5-10 Cr) NSE EMERGE Aug 2022 250.00 Extreme (50+) Finshore Management Services Limited
Healthy Life Agritec Limited Mumbai FMCG 10.00 Small (5-10 Cr) BSE SME Jul 2022 26.31 Moderately High (20-30) Finshore Management Services Limited
Scarnose International Limited Ahmedabad Textiles 6.60 Small (5-10 Cr) BSE SME Jun 2022 51.89 Extreme (50+) Finshore Management Services Limited
Fone4 Communications (India) Limited Ernakulam E-Commerce 6.80 Small (5-10 Cr) BSE SME May 2022 0.00 NA Finshore Management Services Limited
Swaraj Suiting Limited Bhilwara Textiles 10.68 Medium (10-25 Cr) NSE EMERGE Mar 2022 10.55 Average (10-20) Finshore Management Services Limited
Shigan Quantum Technologies Limited New Delhi Engineering - Automotive 22.70 Medium (10-25 Cr) NSE EMERGE Mar 2022 12.41 Average (10-20) Finshore Management Services Limited
Safa Systems & Technologies Limited Ernakulam Electric Equipments 4.00 Very Small (< 5 Cr) BSE SME Feb 2022 29.41 Moderately High (20-30) Finshore Management Services Limited
Dj Mediaprint & Logistics Limited Mumbai Logistics 15.00 Medium (10-25 Cr) BSE SME Jan 2022 32.22 Very High (30-50) Finshore Management Services Limited
Timescan Logistics (India) Limited Egmore Logistics 4.81 Very Small (< 5 Cr) NSE EMERGE Jan 2022 10.87 Average (10-20) Finshore Management Services Limited
Dynamic Services & Security Limited Kolkata Human Resources and Manpower 24.13 Medium (10-25 Cr) NSE EMERGE Oct 2021 66.23 Extreme (50+) Finshore Management Services Limited
Destiny Logistics & Infra Limited Kolkata Logistics 5.39 Small (5-10 Cr) NSE EMERGE Oct 2021 51.28 Extreme (50+) Finshore Management Services Limited
Promax Power Limited Chandigarh Engineering 1.60 Very Small (< 5 Cr) BSE SME Oct 2021 33.33 Very High (30-50) Finshore Management Services Limited
DJ Mediaprint & Logistics Limited Mumbai Logistics 2.40 Very Small (< 5 Cr) BSE SME Apr 2020 8.50 Low (1-10) Finshore Management Services Limited
ICL Organic Dairy Products Limited New Delhi Agro - Food Products 4.08 Very Small (< 5 Cr) BSE SME Feb 2020 80.00 Extreme (50+) Finshore Management Services Limited
Tranway Technologies Ltd Bangalore Outsourcing 4.24 Very Small (< 5 Cr) BSE SME Feb 2020 90.00 Extreme (50+) Finshore Management Services Limited
Alphalogic Techsys Ltd Pune Information Technology - Data Solutions 6.18 Small (5-10 Cr) BSE SME Sep 2019 10.66 Average (10-20) Finshore Management Services Limited
SK International Export Limited Mumbai Textiles 3.96 Very Small (< 5 Cr) BSE SME Jul 2019 31.00 Very High (30-50) Finshore Management Services Limited
White Organic Retail Limited Mumbai Agro 15.46 Medium (10-25 Cr) BSE SME May 2019 5.71 Low (1-10) Finshore Management Services Limited
Northern Spirits Limited Kolkata Retail 18.50 Medium (10-25 Cr) BSE SME Apr 2019 12.54 Average (10-20) Finshore Management Services Limited
Mahip Industries Limited Ahmedabad Packaging & Disposables 16.63 Medium (10-25 Cr) BSE SME Mar 2019 10.00 Low (1-10) Finshore Management Services Limited
Jonjua Overseas Limited Mohali Outsourcing 1.30 Very Small (< 5 Cr) BSE SME Feb 2019 250.00 Extreme (50+) Finshore Management Services Limited
Shankar Lal Rampal Dye-Chem Limited Bhilwara Chemical 7.29 Small (5-10 Cr) BSE SME Dec 2018 4.00 Low (1-10) Finshore Management Services Limited
Diksha Greens Limited Kolkata Furniture 13.32 Medium (10-25 Cr) BSE SME Dec 2018 36.00 Very High (30-50) Finshore Management Services Limited
Shree Krishna Infrastructure Limited Narmada Infrastructure 1.17 Very Small (< 5 Cr) BSE SME Dec 2018 433.00 Extreme (50+) Finshore Management Services Limited
AKI India Limited Kanpur Retail 3.08 Very Small (< 5 Cr) BSE SME Oct 2018 10.00 Low (1-10) Finshore Management Services Limited
Powerful Technologies Limited New Delhi Electric Equipments 13.55 Medium (10-25 Cr) NSE EMERGE Aug 2018 11.00 Average (10-20) Finshore Management Services Limited
Sungold Media and Entertainment Limited Narmada Information Technology - Data Solutions 1.35 Very Small (< 5 Cr) BSE SME Aug 2018 1515.00 Extreme (50+) Finshore Management Services Limited
East India Securities Limited Kolkata Banking and Finance 92.74 Very Large (>50 Cr) BSE SME Mar 2018 9.00 Low (1-10) Finshore Management Services Limited

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Connecting with a Merchant Banker?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency