Who made money, who caused loss

In the year 2024, the SME (Small and Medium Enterprises) IPO market gave many great opportunities to the investors, while some IPOs also disappointed. Let us look at those SME IPOs which gave strong returns and those which lost investors’ money.

The most exciting SME IPOs of 2024

1. Ovais Metals
   • issue price: ₹87 per share.
   • subscription: Filled 221 times.
   • Return: Has given an incredible return of 1083% since listing.
   • achievement: This IPO proved to be the biggest multibagger for investors in 2024.
2. TAC Infosec
   • issue price: ₹106 per share.
   • subscription: Filled 422 times.
   • Display: TAC Infosec also gave excellent returns, which gave huge benefits to investors.

These IPOs disappointed investors

There were some SME IPOs in 2024 due to which investors had to suffer losses.

• low subscription: Many IPOs were undersubscribed and performed poorly upon listing.
• low returns: Some companies did not live up to expectations due to market volatility and weak fundamentals.

SME IPO market of 2024: A look

1. high subscription,
   • Huge interest from investors was seen in SME IPOs.
   • Many IPOs were subscribed 100 to 400 times.
2. Multibagger IPOs,
   • IPOs like Owais Metals and TAC Infosec achieved multibagger status with impressive returns.
3. Risks and Cautions,
   • Investing in SME IPO can be risky.
   • Investors should keep in mind the company’s fundamentals and market trends.

Tips to invest in SME IPO

1. Assess the company’s financial condition,
2. See IPO oversubscription – More subscriptions mean stronger demand.
3. Monitor performance after listing,
4. take a long term view,