Top 10 highest subscribed SME IPOs in 2024

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Since the launch of BSE and NSE SME platforms in 2012, SME IPOs have gained traction and witnessed greater investor participation, as reflected in the subscription status of SME IPO. If you want to know the top 10 most subscribed SME IPOs in India 2024, here is the list of top 10 most popular SME IPOs based on total subscriptions.

We regularly track live subscription/bid status of SME IPO on BSE SME and NSE Emerge (NSE SME) to know the total number of times an IPO has been subscribed. This helps investors get an idea of the demand for SME stocks in the market. IPOs of growing startups with good growth prospects and solid fundamentals tend to be in high demand and are therefore subscribed to by both retail and other investors. SME IPOs that are heavily subscribed can be expected to trade at a good premium and generate maximum returns over the long term.

SME IPOs are very risky and at the same time very rewarding. Growing SMEs that have the potential to become a large company in the future usually attract a large number of investors and receive a high subscription. Before investing, read the top 5 factors to consider before subscribing to SME IPO./

Check out the top 10 best SME IPOs of 2024 that received the highest subscription. The report also provides you with a category-wise subscription status by retail investors (RIIs), non-institutional investors (NIIs) and qualified institutional bidders (QIBs).

<< Year 2023	2024	Year 2025 > >

Top 10 most subscribed SME IPOs in 2024

IPO	Issue Size	Total	QIB	NII	RII	Close Date	BID Date	IPO Price	Listing Gain	LTP
Kay Cee Energy & Infra IPO	₹15.93 Cr	1052.45x	127.71x	1668.97x	1311.10x	2nd Jan 2024	2nd Jan 2024 19:31	54.00	252.00(366.67%)	255.25(372.69%)
Maxposure IPO	₹20.26 Cr	987.47x	162.35x	1947.55x	1034.23x	17th Jan 2024	17th Jan 2024 17:09	33.00	145(339.39%)	99.75(202.27%)
Greenhitech Ventures IPO	₹6.30 Cr	769.95x	0.00x	921.60x	597.41x	16th Apr 2024	16th Apr 2024 18:21	50.00	95.00(90.00%)	133.64(167.28%)
Koura Fine Diamond Jewelry IPO	₹5.50 Cr	733.01x	0.00x	373.66x	1083.98x	11th Mar 2024	11th Mar 2024 18:23	55.00	75.00(36.36%)	56.00(1.82%)
Signoria Creation IPO	₹9.28 Cr	666.32x	107.56x	1290.56x	649.88x	14th Mar 2024	14th Mar 2024 18:24	65.00	131.00(101.54%)	146(124.62%)
Fonebox IPO	₹20.37 Cr	659.42x	138.69x	819.99x	886.32x	30th Jan 2024	30th Jan 2024 19:32	70.00	200.00(185.71%)	153(118.57%)
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Esconet Technologies IPO	₹28.22 Cr	507.24x	156.02x	868.05x	553.02x	20th Feb 2024	20th Feb 2024 18:23	84.00	290(245.24%)	205.4(144.52%)
Australian Premium Solar (India) IPO	₹28.08 Cr	464.19x	107.02x	772.87x	535.77x	15th Jan 2024	15th Jan 2024 19:32	54.00	140(159.26%)	318.65(490.09%)
TAC Infosec IPO	₹29.99 Cr	422.03x	141.29x	768.89x	433.80x	2nd Apr 2024	2nd Apr 2024 18:23	106.00	290.00(173.58%)	519.8(390.38%)
Purv Flexipack IPO	₹40.21 Cr	421.78x	157.32x	690.72x	448.73x	29th Feb 2024	29th Feb 2024 18:23	71.00	260(266.20%)	218(207.04%)

<< Year 2023	2024	Year 2025 > >

Qualified Institutional Buyers (QIBs): SEBI registered banks, financial institutions, FIIs, mutual fund houses, etc. are called Qualified Institutional Investors (QIIs).
Non Institutional Investors (NIIs): NRI, HNIs, companies, trusts, individual investors, etc. who invest greater than Rs 2 lakh are known as Non-institutional investors (NIIs).
Retail Individual Investors (RIIs): An individual investor who invest upto Rs 2 lakh are known as retail individual investors (RIIs).

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Top 10 highest subscribed SME IPOs in 2024

Top 10 most subscribed SME IPOs in 2024

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