Finshore Management Services Limited is a SEBI-registered Category I Merchant Banker specializing in delivering lead manager services for IPOs in India. Lead managers play a pivotal role as the central entity throughout all stages of an IPO.
The subsequent report compiles a comprehensive list of IPOs effectively managed by Finshore Management Services Limited in their capacity as lead manager. Additionally, the report presents pertinent details encompassing:
- The frequency of instances where issues were oversubscribed.
- The determination of the final issue price achieved during the IPO process.
- The calculation of percentage-based gains or losses experienced upon listing
Finshore Management Services Limited IPOs & Listing Gain #
| Issuer Company | Issue Type | Listing Date | Issue Size | Subscribed | Issue Price | Listing Day Price | Current Price | 52 Week High | 52 Week Low |
|---|---|---|---|---|---|---|---|---|---|
| Alphalogic Industries Limited | SME | Jul 14, 2023 | Rs 12.88 Cr | 5.34x | Rs 96.00 | Rs 96.29 (0.3%) | Rs 173.00 (80.21%) | Rs 181.50 (Aug 11, 2023) | Rs 95.60 (Jul 21, 2023) |
| ITCONS E-Solutions Limited | SME | Mar 13, 2023 | Rs 8.67 Cr | 16.79x | Rs 51.00 | Rs 49.33 (-3.27%) | Rs 40.48 (-20.63%) | Rs 52.75 (Apr 03, 2023) | Rs 33.01 (Mar 29, 2023) |
| Indong Tea Company Limited | SME | Feb 21, 2023 | Rs 13.01 Cr | 4.97x | Rs 26.00 | Rs 21.80 (-16.15%) | Rs 25.00 (-3.85%) | Rs 31.10 (May 30, 2023) | Rs 11.88 (Mar 29, 2023) |
| Arham Technologies Limited | SME | Dec 15, 2022 | Rs 9.58 Cr | 450.03x | Rs 42.00 | Rs 63.00 (50%) | Rs 106.50 (153.57%) | ||
| AMBO Agritec Ltd | SME | Dec 02, 2022 | Rs 10.20 Cr | 336.75x | Rs 30.00 | Rs 42.10 (40.33%) | Rs 26.77 (-10.77%) | Rs 46.40 (Dec 06, 2022) | Rs 23.05 (Jun 09, 2023) |
| Containe Technologies Ltd | SME | Sep 30, 2022 | Rs 2.62 Cr | 121.31x | Rs 15.00 | Rs 23.10 (54%) | Rs 74.90 (399.33%) | Rs 99.90 (Dec 21, 2022) | Rs 19.75 (Oct 13, 2022) |
| Mega Flex Plastics Limited | SME | Sep 19, 2022 | Rs 11.40 Cr | 46.31x | Rs 40.00 | Rs 56.70 (41.75%) | Rs 39.80 (-0.5%) | ||
| Naturo Indiabull Limited | SME | Sep 02, 2022 | Rs 10.92 Cr | 20.26x | Rs 30.00 | Rs 26.25 (-12.5%) | Rs 17.22 (-42.6%) | Rs 27.55 (Sep 05, 2022) | Rs 7.15 (Mar 28, 2023) |
| Upsurge Seeds of Agriculture Limited | SME | Aug 11, 2022 | Rs 22.81 Cr | 80.5x | Rs 120.00 | Rs 147.00 (22.5%) | Rs 391.65 (226.38%) | ||
| Agni Green Power Limited | SME | Aug 01, 2022 | Rs 5.25 Cr | 73.66x | Rs 10.00 | Rs 26.25 (162.5%) | Rs 23.05 (130.5%) | ||
| Healthy Life Agritec Limited | SME | Jul 26, 2022 | Rs 10.00 Cr | 8.21x | Rs 10.00 | Rs 9.34 (-6.6%) | Rs 6.18 (-38.2%) | Rs 10.40 (Aug 16, 2022) | Rs 5.70 (May 19, 2023) |
| Scarnose International Limited | SME | Jun 27, 2022 | Rs 6.60 Cr | 2.22x | Rs 55.00 | Rs 56.05 (1.91%) | Rs 62.50 (13.64%) | Rs 73.90 (Aug 14, 2023) | Rs 45.10 (Aug 09, 2023) |
| Fone4 Communications (India) Limited | SME | May 06, 2022 | Rs 6.80 Cr | 14.75x | Rs 10.00 | Rs 9.50 (-5%) | Rs 3.86 (-61.4%) | Rs 8.84 (Jan 19, 2023) | Rs 3.10 (Jul 31, 2023) |
| Swaraj Suiting Limited | SME | Mar 28, 2022 | Rs 10.68 Cr | 12.13x | Rs 56.00 | Rs 53.20 (-5%) | Rs 106.00 (89.29%) | ||
| Shigan Quantum Technologies Limited | SME | Mar 11, 2022 | Rs 22.70 Cr | 17.95x | Rs 50.00 | Rs 64.05 (28.1%) | Rs 143.45 (186.9%) | ||
| Safa Systems & Technologies Limited | SME | Feb 09, 2022 | Rs 4.00 Cr | 52.71x | Rs 10.00 | Rs 15.73 (57.3%) | Rs 10.70 (7%) | Rs 16.90 (Sep 15, 2022) | Rs 6.19 (Apr 24, 2023) |
| Timescan Logistics (India) Limited | SME | Jan 12, 2022 | Rs 4.81 Cr | 115.86x | Rs 51.00 | Rs 86.10 (68.82%) | Rs 160.00 (213.73%) | ||
| Dynamic Services & Security Limited | SME | Oct 13, 2021 | Rs 24.13 Cr | 1.94x | Rs 51.00 | Rs 53.55 (5%) | Rs 56.45 (10.69%) | Rs 615.65 (Aug 07, 2023) | Rs 131.15 (Sep 28, 2022) |
| Destiny Logistics & Infra Limited | SME | Oct 13, 2021 | Rs 5.39 Cr | 4.78x | Rs 20.00 | Rs 19.70 (-1.5%) | Rs 18.50 (-7.5%) | ||
| Promax Power Limited | SME | Oct 12, 2021 | Rs 1.60 Cr | 6.89x | Rs 10.00 | Rs 11.55 (15.5%) | Rs 38.63 (286.3%) | Rs 49.20 (May 03, 2023) | Rs 17.65 (Aug 17, 2022) |
| DJ Mediaprint & Logistics Ltd | SME | Apr 13, 2020 | Rs 2.40 Cr | 1.83x | Rs 20.00 | Rs 20.80 (4%) | Rs 155.00 (675%) | Rs 209.00 (May 16, 2023) | Rs 120.10 (Feb 27, 2023) |
| ICL Organic Dairy Products Ltd | SME | Feb 17, 2020 | Rs 4.08 Cr | 3.08x | Rs 20.00 | Rs 21.80 (9%) | Rs 40.38 (101.9%) | Rs 72.40 (Jun 02, 2023) | Rs 16.30 (Aug 18, 2022) |
| Tranway Technologies Ltd | SME | Feb 05, 2020 | Rs 4.24 Cr | 1.98x | Rs 10.00 | Rs 11.65 (16.5%) | Rs 7.51 (-24.9%) | Rs 13.54 (Aug 26, 2022) | Rs 7.01 (Jul 31, 2023) |
| Alphalogic Techsys Ltd | SME | Sep 05, 2019 | Rs 6.18 Cr | 1.18x | Rs 84.00 | Rs 84.35 (0.42%) | Rs 49.93 (-40.56%) | Rs 52.97 (Jun 08, 2023) | Rs 25.03 (Mar 28, 2023) |
| SK International Export Limited | SME | Jul 15, 2019 | Rs 3.96 Cr | 1.26x | Rs 20.00 | Rs 20.00 (0%) | Rs 17.90 (-10.5%) | Rs 18.05 (Jun 15, 2023) | Rs 10.00 (Feb 20, 2023) |
| White Organic Retail Limited | SME | May 10, 2019 | Rs 15.46 Cr | 1.36x | Rs 63.00 | Rs 64.30 (2.06%) | Rs 6.70 (-89.37%) | Rs 183.00 (Nov 17, 2022) | Rs 6.45 (Jul 21, 2023) |
| Northern Spirits Limited | SME | Apr 04, 2019 | Rs 18.50 Cr | 1.3x | Rs 43.00 | Rs 43.10 (0.23%) | Rs 475.15 (1005%) | Rs 483.50 (Aug 14, 2023) | Rs 43.00 (Aug 24, 2022) |
| Mahip Industries Limited | SME | Mar 12, 2019 | Rs 16.63 Cr | 1.54x | Rs 32.00 | Rs 33.60 (5%) | Rs 3.43 (-89.28%) | ||
| Jonjua Overseas Limited | SME | Feb 25, 2019 | Rs 1.30 Cr | 1.17x | Rs 10.00 | Rs 11.40 (14%) | Rs 11.01 (10.1%) | Rs 17.49 (Jun 16, 2023) | Rs 7.28 (Aug 17, 2022) |
| Shankar Lal Rampal Dye-Chem Limited | SME | Dec 24, 2018 | Rs 7.29 Cr | 1.3x | Rs 45.00 | Rs 46.80 (4%) | Rs 106.75 (137.22%) | Rs 194.00 (Sep 07, 2022) | Rs 102.25 (Jul 26, 2023) |
| Diksha Greens Limited | SME | Dec 05, 2018 | Rs 13.32 Cr | 1.07x | Rs 30.00 | Rs 35.90 (19.67%) | Rs 2.35 (-92.17%) | Rs 3.85 (Jan 23, 2023) | Rs 1.90 (Aug 16, 2022) |
| Shree Krishna Infrastructure Limited | SME | Dec 03, 2018 | Rs 1.17 Cr | 2.93x | Rs 13.00 | Rs 12.35 (-5%) | Rs 46.80 (260%) | Rs 46.80 (May 26, 2023) | Rs 9.35 (Oct 12, 2022) |
| AKI India Limited | SME | Oct 12, 2018 | Rs 3.08 Cr | 1.56x | Rs 11.00 | Rs 11.55 (5%) | Rs 14.65 (565.91%) | Rs 24.52 (Apr 19, 2023) | Rs 12.24 (Apr 06, 2023) |
| Powerful Technologies Limited | SME | Aug 28, 2018 | Rs 13.55 Cr | 1.3x | Rs 51.00 | Rs 45.60 (-10.59%) | |||
| Sungold Media and Entertainment Limited | SME | Aug 27, 2018 | Rs 1.35 Cr | 2.02x | Rs 10.00 | Rs 9.71 (-2.9%) | Rs 24.12 (141.2%) | Rs 39.30 (Feb 07, 2023) | Rs 14.68 (Sep 26, 2022) |
| East India Securities Ltd | SME | Mar 13, 2018 | Rs 92.74 Cr | Rs 920.00 | Rs 930.00 (1.09%) | Rs 1,320.00 (43.48%) |
- Report – Lead Manager Performance Tracker
- Over-subscription (Total): Number of Times Issue is Subscribed (BSE + NSE)
- Issue Price: The price of share issued to public.
- * % Change on Listing Day: Percent gain/loss from Issue price to the close Price.
Note: This report only provide data about IPOs and do not cover FPOs.
