All 6 Indian mainboard IPOs that listed in 2023, sorted by listing gain. Subscription ratios, GMP prediction accuracy, and stoicHQ analysis for every issue.
Key findings for 2023: 6 mainboard IPOs listed with an average gain of +57.5%. 100% of issues listed at a gain above issue price. Top sectors by issue count: Technology, Defence, Finance.
| Company | Sector | Issue Price | Listing Gain | QIB Sub | Overall Sub | Category |
|---|---|---|---|---|---|---|
| Tata Technologies Ltd Mainboard | Technology | ₹500 | +140.0% at ₹1200 | 203.41x | 69.43x | large |
| ideaForge Technology Ltd Mainboard | Defence | ₹672 | +60.0% at ₹1075 | 197.08x | 106.14x | mid |
| Indian Renewable Energy Development Agency Ltd Mainboard | Finance | ₹32 | +56.3% at ₹50 | 36.03x | 38.80x | large |
| Utkarsh Small Finance Bank Ltd Mainboard | Banking | ₹25 | +48.0% at ₹37 | 136.81x | 73.56x | mid |
| Mankind Pharma Ltd Mainboard | Pharmaceuticals | ₹1080 | +20.4% at ₹1300 | 22.58x | 15.32x | mega |
| JSW Infrastructure Ltd Mainboard | Infrastructure | ₹119 | +20.2% at ₹143 | 57.88x | 37.37x | large |