IPOs in December 2024: Listing Gains, GMP & Subscription
Monthly round-up
By IPO GMP Status desk · Updated 28 December 2024 · How we compile these figures
12 IPOs listed in December 2024 — 11 mainboard and 1 SME. The average listing gain was +50.2%, and 12 of 12 listed above their issue price. The best listing was Mamata Machinery at +146.9%. The grey market's estimate was met or beaten in 7 of 12.
IPOs listed in December 2024
| IPO | Type | Listed | Issue price | Listing price | Listing gain | Subscribed | GMP estimate |
|---|---|---|---|---|---|---|---|
| Sai Life Sciences | Mainboard | 18 Dec | ₹549 | ₹650 | +18.4% | 10.27x | ₹621 ✓ |
| Vishal Mega Mart | Mainboard | 18 Dec | ₹78 | ₹104 | +33.3% | 28.75x | ₹100 ✓ |
| Mobikwik | Mainboard | 18 Dec | ₹279 | ₹440 | +57.7% | 125.69x | ₹439 ✓ |
| Inventurus Knowledge Solutions | Mainboard | 19 Dec | ₹1,329 | ₹1,900 | +43.0% | 52.68x | ₹1,750 ✓ |
| International Gemmological Institute | Mainboard | 20 Dec | ₹417 | ₹510 | +22.3% | 35.48x | ₹576 ✗ |
| NACDAC Infrastructure | SME | 24 Dec | ₹35 | ₹66.5 | +90.0% | 2209.76x | ₹85 ✗ |
| Transrail Lighting | Mainboard | 27 Dec | ₹432 | ₹590 | +36.6% | 22.62x | ₹597 ✗ |
| Mamata Machinery | Mainboard | 27 Dec | ₹243 | ₹600 | +146.9% | 138.08x | ₹503 ✓ |
| DAM Capital Advisors | Mainboard | 27 Dec | ₹283 | ₹393 | +38.9% | 26.80x | ₹426 ✗ |
| Concord Enviro Systems | Mainboard | 27 Dec | ₹701 | ₹826 | +17.8% | 5.56x | ₹839 ✗ |
| Ventive Hospitality | Mainboard | 30 Dec | ₹643 | ₹716 | +11.3% | 6.19x | ₹713 ✓ |
| Unimech Aerospace | Mainboard | 31 Dec | ₹785 | ₹1,460 | +86.0% | 59.19x | ₹1,410 ✓ |
✓ the listing price met or beat the grey market's estimate; ✗ it fell short.
Every listing since the tracker began is on the IPO performance page. GMP is an unofficial estimate, not a promise; see the disclaimer.