215  Total SME IPOs listed in 2024

7856.41 Crs.  Total funds raised in 2024

198  SME IPOs listed with Gain in 2024

17  SME IPOs listed with loss in 2024

215  Total SME IPOs listed in 2024

7856.41 Crs.  Total funds raised in 2024

198  SME IPOs listed with Gain in 2024

17  SME IPOs listed with loss in 2024

215  Total SME IPOs listed in 2024

7856.41 Crs.  Total funds raised in 2024

198  SME IPOs listed with Gain in 2024

17  SME IPOs listed with loss in 2024

215  Total SME IPOs listed in 2024

7856.41 Crs.  Total funds raised in 2024

198  SME IPOs listed with Gain in 2024

17  SME IPOs listed with loss in 2024

Sector: Agro

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Summary

PE Ratio*
Highest 45.00
Median 19.89
Lowest 5.57
IPO Size (Cr.)
Highest 81.94
Median 17.77
Lowest 2.01
  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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Company Name City Sector IPO Size (Cr.) IPO Size Classification Exchange IPO Year (Listed) PE Ratio PE Ratio Classification Merchant Banker
Phoenix Overseas Limited Kolkata Agro 36.03 Large (25-50 Cr) NSE EMERGE Sep 2024 22.51 Moderately High (20-30) Khandwala Securities Limited
Gajanand International Limited Rajkot Agro - Plantation 20.65 Medium (10-25 Cr) NSE EMERGE Sep 2024 30.31 Very High (30-50) Fast Track Finsec Private Limited
Jeyyam Global Foods Limited Chennai Agro 81.94 Very Large (>50 Cr) NSE EMERGE Sep 2024 19.20 Average (10-20) Corpwis Advisors Private Limited
Aelea Commodities Limited Mumbai Agro 51.00 Very Large (>50 Cr) BSE SME Jul 2024 11.48 Average (10-20) Ekadrisht Capital Private Limited
Dindigul Farm Product Limited Dindigul Agro 34.83 Large (25-50 Cr) BSE SME Jun 2024 16.81 Average (10-20) Beeline Capital Advisors Private Limited
TBI Corn Limited Sangli Agro 44.94 Large (25-50 Cr) NSE EMERGE Jun 2024 16.70 Average (10-20) Ekadrisht Capital Private Limited and Swastika Investmart Limited
HOAC Foods India Limited New Delhi Agro - Food Products 5.54 Small (5-10 Cr) NSE EMERGE May 2024 18.57 Average (10-20) GYR Capital Advisors Private Limited
TGIF Agribusiness Limited Ahmedabad Agro 6.39 Small (5-10 Cr) BSE SME May 2024 19.71 Average (10-20) Hem Securities Limited
Vishwas Agri Seeds Limited Ahmedabad Agro - Plantation 25.80 Large (25-50 Cr) NSE EMERGE Apr 2024 9.53 Low (1-10) Isk Advisors Private Limited
M.V.K. Agro Food Product Ltd Nanded Agro - Food Products 65.88 Very Large (>50 Cr) NSE EMERGE Mar 2024 21.61 Moderately High (20-30) Horizon Management Private Limited
Italian Edibles Limited Indore Agro - Food Products 26.66 Large (25-50 Cr) NSE EMERGE Feb 2024 19.97 Average (10-20) First Overseas Capital 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
Euphoria Infotech India Limited Kolkata Agro - Food Products 9.60 Small (5-10 Cr) BSE SME Jan 2024 23.99 Moderately High (20-30) Khandwala Securities Limited
Konstelec Engineers Limited Mumbai Agro - Plantation 28.70 Large (25-50 Cr) NSE EMERGE Jan 2024 11.59 Average (10-20) Beeline Capital Advisors Private Limited
Sheetal Universal Limited Rajkot Agro - Food Products 23.80 Medium (10-25 Cr) NSE EMERGE Dec 2023 17.81 Average (10-20) Beeline Capital Advisors Private Limited
Baba Food Processinglimited Ranchi Agro - Flour Mill 33.00 Large (25-50 Cr) NSE EMERGE Nov 2023 16.14 Average (10-20) Horizon Management Private Limited
Vrundavan Plantation Limited Ahmedabad Agro - Plantation 15.29 Medium (10-25 Cr) BSE SME Nov 2023 27.69 Moderately High (20-30) Interactive Financial Services Limited
Rajgor Castor Derivatives Limited Ahmedabad Agro - Food Products 47.81 Large (25-50 Cr) NSE EMERGE Oct 2023 15.48 Average (10-20) Beeline Capital Advisors Private Limited
City Crops Agrolimited Ahmedabad Agro 15.00 Medium (10-25 Cr) BSE SME Oct 2023 34.72 Very High (30-50) Turnaround Corporate Advisors Private Limited
Madhusudan Masala Limited Jamnagar Agro - Food Products 23.80 Medium (10-25 Cr) NSE EMERGE Sep 2023 15.70 Average (10-20) Hem Securities Limited
Srivari Spices and Foods Limited Hyderabad Agro - Flour Mill 9.00 Small (5-10 Cr) NSE EMERGE Aug 2023 9.59 Low (1-10) GYR Capital Advisors Private Limited
Prospect Commodities Limited Ahmedabad Agro - Food Products 7.48 Small (5-10 Cr) BSE SME Mar 2023 31.44 Very High (30-50) Interactive Financial Services Limited
Dollex Agrotech Limited Indore Agro - Sugar 24.39 Medium (10-25 Cr) NSE EMERGE Dec 2022 14.46 Average (10-20) Expert Global Consultants Private 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
Tapi Fruit Processing Limited Surat Agro - Food Products 5.21 Small (5-10 Cr) NSE EMERGE Sep 2022 120.00 Extreme (50+) Fedex Securities Private 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
Pearl Green Clubs and Resorts Limited Ahmedabad Agro - Food Products 11.72 Medium (10-25 Cr) BSE SME Jul 2022 53.60 Extreme (50+) Fast Track Finsec Private Limited
Empyrean Cashews Limited Mumbai Agro - Food Products 19.41 Medium (10-25 Cr) NSE EMERGE Mar 2022 25.69 Moderately High (20-30) Systematix Corporate Services Limited
KN Agri Resources Limited Raipur Agro 49.38 Large (25-50 Cr) NSE EMERGE Mar 2022 5.57 Low (1-10) Hem Securities Limited
Shri Venkatesh Refineries Limited Jalgaon Agro 11.71 Medium (10-25 Cr) BSE SME Oct 2021 12.62 Average (10-20) Hem Securities Limited
Times Green Energy (India) Limited Hyderabad Agro 4.05 Very Small (< 5 Cr) BSE SME Jun 2021 59.80 Extreme (50+) Aryaman Financial Services Limited
Jetmall Spices and Masala Limited Chennai Agro - Food Products 4.98 Very Small (< 5 Cr) BSE SME Apr 2021 9.20 Low (1-10) Mark Corporate Advisors Private Limited
MRP Agro Limited Tikamgarh Agro - Food Products 3.24 Very Small (< 5 Cr) BSE SME Feb 2021 41.60 Very High (30-50) Beeline Capital Advisors Private 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
Mangalam Global Enterprise Limited Ahmedabad Agro 21.57 Medium (10-25 Cr) NSE EMERGE Nov 2019 20.00 Average (10-20) Pantomath Capital Advisors Private 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
Axita Cotton Limited Mahesana Agro 10.51 Medium (10-25 Cr) BSE SME Jan 2019 30.00 Moderately High (20-30) Beeline Capital Advisors Private Limited
Sun Retail Limited Ahmedabad Agro 10.12 Medium (10-25 Cr) BSE SME Oct 2018 95.00 Extreme (50+) Fedex Securities Private Limited
Manorama Industries Limited Mumbai Agro 64.00 Very Large (>50 Cr) BSE SME Oct 2018 20.00 Average (10-20) Pantomath Capital Advisors Private Limited
Akg Exim Limited New Delhi Agro 5.52 Small (5-10 Cr) NSE EMERGE Sep 2018 20.00 Average (10-20) Navigant Corporate Advisors Limited
ShreeOswal Seeds & Chemicals Limited Neemuch Agro 11.90 Medium (10-25 Cr) NSE EMERGE Jun 2018 17.00 Average (10-20) Pantomath Capital Advisors Private Limited
Nakoda Group of Industries Limited Nagpur Agro 6.48 Small (5-10 Cr) BSE SME Jun 2018 18.00 Average (10-20) Pantomath Capital Advisors Private Limited
Megastar Foods Limited Chandigarh Agro - Food Products 8.04 Small (5-10 Cr) BSE SME May 2018 25.00 Moderately High (20-30) Swastika Investmart Limited
Indo US Bio-Tech Limited Ahmedabad Agro - Food Products 7.29 Small (5-10 Cr) BSE SME May 2018 19.00 Average (10-20) Swastika Investmart Limited
Bombay Super Hybrid Seeds Limited Rajkot Agro - Plantation 10.39 Medium (10-25 Cr) NSE EMERGE Apr 2018 73.00 Extreme (50+) Monarch Networth Capital Limited
Narmada Agrobase Limited Ahmedabad Agro 7.48 Small (5-10 Cr) NSE EMERGE Apr 2018 57.00 Extreme (50+) Corporate Capital Ventures Private Limited
Soni Soya Products Limited Indore Agro - Food Products 4.50 Very Small (< 5 Cr) NSE EMERGE Apr 2018 9.00 Low (1-10) Pantomath Capital Advisors Private Limited
Continental Seeds and Chemicals Limited New Delhi Agro - Plantation 4.21 Very Small (< 5 Cr) NSE EMERGE Apr 2018 17.00 Average (10-20) Navigant Corporate Advisors Limited
Sarveshwar Foods Limited Jammu Agro - Food Products 54.97 Very Large (>50 Cr) NSE EMERGE Mar 2018 13.00 Average (10-20) Asit C. Mehta Investment Interrmediates Limited and Keynote Financial Services Limited
Tasty Dairy Specialities Limited Kanpur Agro - Food Products 24.44 Medium (10-25 Cr) BSE SME Feb 2018 19.00 Average (10-20) Mark Corporate Advisors Private Limited
Shree Ram Protiens Ltd Rajkot Agro 19.90 Medium (10-25 Cr) NSE EMERGE Feb 2018 86.00 Extreme (50+) Pantomath Capital Advisors Private Limited
Jhandewalas Foods Limited Jaipur Agro - Food Products 16.01 Medium (10-25 Cr) BSE SME Jan 2018 24.00 Moderately High (20-30) Guiness Corporate Advisors Private Limited
Ajooni Biotech Limited Mohali Agro 6.59 Small (5-10 Cr) NSE EMERGE Jan 2018 45.00 Very High (30-50) Navigant Corporate Advisors Limited
Sheetal Cool Products Limited Amreli Agro - Food Products 24.00 Medium (10-25 Cr) BSE SME Oct 2017 36.00 Very High (30-50) Guiness Corporate Advisors Private Limited
Sri Krishna Metcom Limited Ranchi Agro - Food Products 19.25 Medium (10-25 Cr) NSE EMERGE Sep 2017 70.00 Extreme (50+) Microsec Capital Limited
Nouritrans Exim Limited Ahmedabad Agro 6.12 Small (5-10 Cr) BSE SME Sep 2017 61.00 Extreme (50+) First Overseas Capital Limited
Ashok Masala Mart Limited Mumbai Agro 2.01 Very Small (< 5 Cr) BSE SME Aug 2017 43.00 Very High (30-50) Navigant Corporate Advisors Limited
Shanti Overseas (India) Limited Indore Agro - Food Products 10.02 Medium (10-25 Cr) NSE EMERGE Aug 2017 9.70 Low (1-10) Hem Securities Limited
CKP Products Limited Mumbai Agro - Food Products 6.24 Small (5-10 Cr) NSE EMERGE May 2017 11.00 Average (10-20) Aryaman Financial Services Limited
M K Proteins Limited Ambala Agro - Food Products 10.23 Medium (10-25 Cr) NSE EMERGE Apr 2017 53.00 Extreme (50+) Sarthi Capital Advisors Private Limited
Oceanic Foods Limited Jamnagar Agro - Food Products 6.50 Small (5-10 Cr) BSE SME Mar 2017 32.00 Very High (30-50) Pantomath Capital Advisors Private Limited
Zeal Aqua Limited Surat Agro 14.76 Medium (10-25 Cr) BSE SME Jul 2016 30.00 Moderately High (20-30) Corporate Strategic Allianz Limited
Ahimsa Industries Limited Ahmedabad Agro - Sugar 3.80 Very Small (< 5 Cr) NSE EMERGE Oct 2015 0.00 NA Sarthi Capital Advisors Private Limited
Mangalam Seeds Limited Ahmedabad Agro 5.70 Small (5-10 Cr) BSE SME Aug 2015 18.00 Average (10-20) Pantomath Capital Advisors Private Limited
Raghuvansh Agrofarms Limited New Delhi Agro 3.96 Very Small (< 5 Cr) BSE SME Jan 2015 110.00 Extreme (50+) Sobhagya Capital Options Limited
Sirohia & Sons Limited Kolkata Agro 3.60 Very Small (< 5 Cr) BSE SME Sep 2014 136.00 Extreme (50+) Vc Corporate Advisors Private Limited (Vcapl)
Oceanaa Biotek Industries Limited Chennai Agro 2.10 Very Small (< 5 Cr) BSE SME Apr 2014 13.00 Average (10-20) V B Desai Financial Services Limited
Karnimata Cold Storage Limited West Bengal Agro 3.04 Very Small (< 5 Cr) BSE SME Mar 2014 100.00 Extreme (50+) Aryaman Financial Services Limited
HPC Biosciences Limited New Delhi Agro 15.75 Medium (10-25 Cr) BSE SME Mar 2013 8.00 Low (1-10) Guiness Corporate Advisors Private Limited
Esteem Bio Organic Food Processing Limited New Delhi Agro - Food Products 11.25 Medium (10-25 Cr) BSE SME Feb 2013 0.00 NA Guiness Corporate Advisors Private Limited
Eco Friendly Food Processing Park Limited New Delhi Agro - Plantation 7.52 Small (5-10 Cr) BSE SME Jan 2013 0.00 NA Guiness Corporate Advisors Private Limited
Comfort Commotrade Limited Mumbai Agro 6.00 Small (5-10 Cr) BSE SME Sep 2012 0.00 NA Vc Corporate Advisors Private Limited (Vcapl)

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