- Date : 18/08/2022
- Read: 2 mins
Top 10 SME IPOs of 2022
The year 2022 has been volatile for the stock markets. In the backdrop of the Russia-Ukraine war, high inflation, increase in interest rates globally, etc., the markets started on rough turf. The markets have recovered in the last 1.5 months, and the Nifty50 YTD is 0.4%. This means that the markets have been flat this year.
But in these volatile markets, some SME IPOs have performed much better than other stocks. These IPOs were listed this year and have given returns of up to 716%. With the tech IPOs like Zomato, Paytm, CarTrade, etc., down more than 50% from 52-week highs, these SME IPOs have outperformed the markets and created wealth for their shareholders.
Related: How IPOs differ from NFOs
Top 10 SME IPOs of 2022
The top 10 SME IPOs of 2022 are:-
As can be seen in the list above, the SME IPOs have given a superior performance this year. Empyrean Cashews has given a return of 716%. This is a very high return, and if you had invested Rs 1 Lakh in the IPO of the company, you would have Rs 81.6 Lakhs now. Similarly, GlobeSecure Technologies has given a superior return of 404.5%. If you had invested Rs 1 Lakh in the IPO just two months back, you would have Rs 5.04 Lakhs today. Agni Green Power which listed this month, is already up 158%, and the price has moved up from a listing price of Rs 10 to CMP of Rs 25.8
This superior performance of these SME IPOs does not mean that they will continue to increase. The stock prices go up and down for several reasons, and what might be working for the stock might not work in the future. The performance so far has been great, with more than 10 SME IPOs doubling from their issue prices this year.
Related: All about IPOs in India
The year 2022 has been volatile for the stock markets. In the backdrop of the Russia-Ukraine war, high inflation, increase in interest rates globally, etc., the markets started on rough turf. The markets have recovered in the last 1.5 months, and the Nifty50 YTD is 0.4%. This means that the markets have been flat this year.
But in these volatile markets, some SME IPOs have performed much better than other stocks. These IPOs were listed this year and have given returns of up to 716%. With the tech IPOs like Zomato, Paytm, CarTrade, etc., down more than 50% from 52-week highs, these SME IPOs have outperformed the markets and created wealth for their shareholders.
Related: How IPOs differ from NFOs
Top 10 SME IPOs of 2022
The top 10 SME IPOs of 2022 are:-
As can be seen in the list above, the SME IPOs have given a superior performance this year. Empyrean Cashews has given a return of 716%. This is a very high return, and if you had invested Rs 1 Lakh in the IPO of the company, you would have Rs 81.6 Lakhs now. Similarly, GlobeSecure Technologies has given a superior return of 404.5%. If you had invested Rs 1 Lakh in the IPO just two months back, you would have Rs 5.04 Lakhs today. Agni Green Power which listed this month, is already up 158%, and the price has moved up from a listing price of Rs 10 to CMP of Rs 25.8
This superior performance of these SME IPOs does not mean that they will continue to increase. The stock prices go up and down for several reasons, and what might be working for the stock might not work in the future. The performance so far has been great, with more than 10 SME IPOs doubling from their issue prices this year.
Related: All about IPOs in India
