This year, despite the ups and downs, the stock market succeeded in giving positive returns for the 9th consecutive year. The Sensex recorded a rise of almost 9% till December 27. Apart from this, many big and small IPOs attracted investors in the market. While big brands like Swiggy launched IPOs, IPOs of some SME companies gave huge returns to investors. Let us know about those 6 SME IPOs which made the most headlines this year.
1. NACDAC Infrastructure IPO
- Opening and Subscription:
This IPO opened on 17 December and remained open for investors till 19 December. It received more than 2200 times subscription. - Price Band and Size:
- Price band: Rs 33-35 per share.
- IPO size: Rs 10.01 crore.
- Listing and Display:
- This share was listed at a premium of 90%.
- On Monday, the share price reached Rs 80.81, which is its record high so far.
2.HOAC Foods India Ltd
- Opening and Subscription:
- This IPO opened on 16 May and closed on 21 May.
- It received more than 2000 times subscription.
- Price Band and Lot Size:
- Price Band: Rs 48 per share.
- Lot Size: 3000 shares.
- Minimum investment: Rs 1,44,000.
- IPO Size:
- Total size: Rs 5.54 crore.
- This was a completely fresh issue.
- Display:
- The share price on Monday was Rs 147.60, however, it saw a decline of 2%.
3. Kay Cee Energy & Infra Ltd
- Opening and Subscription:
- This IPO was launched on 28 December 2023 and closed on 2 January 2024.
- It got 1000 times subscription.
- Price Band and Lot Size:
- Price band: Rs 51-54 per share.
- Lot Size: 2000 shares.
- Display:
- The share price on Friday was Rs 348.90, showing a decline of 2% from the previous level.
4. Medicamen Organics Ltd
- Opening and Subscription:
- This IPO opened on 21 June 2024 and closed on 25 June.
- It got 933 times subscription.
- Price Band and Size:
- Price band: Rs 32-34 per share.
- IPO size: Rs 10.54 crore.
- Display:
- The share price was Rs 53.90 when the market closed on Monday.
5. Maxposure Ltd
- Opening and Subscription:
- This IPO opened on 15 January and closed on 17 January.
- It received 987 times subscription.
- Price Band and Lot Size:
- Price band: Rs 31-33 per share.
- Lot Size: 4000 shares.
- Minimum investment: Rs 1,32,000.
- IPO Size:
- Total size: Rs 20.26 crore.
- The company issued 61.40 lakh fresh shares.
- Display:
- The share price on Monday was Rs 87.95.
6. Magenta Lifecare IPO
- Opening and Subscription:
- This IPO was launched on June 5 and closed on June 7.
- It got 778 times subscription.
- Price Band and Size:
- Face value: Rs 10.
- Price Band: Rs 35 per share.
- Display:
- On Monday, the share price stood at Rs 26.25 on BSE.
