May Apply

Wakefit Innovations IPO
   (ʀᴀᴛɪɴɢ 1⭐️ ᴏᴜᴛ 5)

Avoid

Nephrocare Health IPO

May Apply

Park Medi IPO
   (ʀᴀᴛɪɴɢ 1⭐️ ᴏᴜᴛ 5)

Apply for Long Term

ICICI Prudential AMC IPO
   (ʀᴀᴛɪɴɢ 3⭐️ ᴏᴜᴛ 5)

Neutral

KSH International IPO
   (ʀᴀᴛɪɴɢ 2⭐️ ᴏᴜᴛ 5)

Avoid

Gujarat Kidney IPO

Upcoming IPO

𝐕𝐚𝐥𝐮𝐞 𝐢𝐧 ₹ & 𝐂𝐫

LargeCap
• Clean Max Enviro – 5000
• Fractal Analytics – 3900
• Hero Fincorp – 3000
• Juniper Green – 3000

Consumer & Technology Focus:
• Milky Mist – 1500
• Innovatiview – 1500
• Manipal Payment – 1200
• Kanodia Cement – 1200

Healthcare Pharma & Specialised Services:
• Veeda Clinical – 800
• LCC Projects – 700
• Waterways Leisure – 700
• Skyways Air – 600
• Ardee Eng. – 500

Mid & Small-Cap Opportunities:
• PNGS Reva 💎 – 400
• CIEL HR – 400

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𝐇𝐢𝐠𝐡 𝐑𝐢𝐬𝐤 𝐓𝐚𝐤𝐞𝐫 𝐌𝐀𝐘 𝐀𝐏𝐏𝐋𝐘 𝐟𝐨𝐫 𝐋𝐨𝐧𝐠 𝐓𝐞𝐫𝐦

Shyam Dhani NSE SME IPO
   (ʀᴀᴛɪɴɢ 1½⭐️ ᴏᴜᴛ 5)

Neutral

E to E Transportation Infrastructure NSE SME IPO
(ʀᴀᴛɪɴɢ 2⭐️ ᴏᴜᴛ ᴏꜰ 5)

May Apply

Apollo Techno BSE SME IPO
   (ʀᴀᴛɪɴɢ 1⭐️ ᴏᴜᴛ 5)
~ Risky Affair ⚠️ ⚠️

SME IPO Top Gainers & Losers (2025)

Top Gainer: Tankup Engineers (+416%).

Top Loser: Valencia India (Significant negative return, though the specific % is partially cut in the snippet).

The best-performing SME IPO gave a 5x return, while the weakest fell by 82%.

2025 Primary Market Review

Total Capital Raised:
Mainboard: ~₹2 Lakh Crore 💰
SME Issues: ₹11,400 Crore

Market Volume:
325 to 365 companies entered the arena this year! 🏢✨

SME Success Ratio (As of Dec 19, 2025):
Total SME IPOs: 254
🟢 Green Zone: 120 Companies (Positive Returns)
🔴 Red Zone: 132 Companies (Negative Returns)
Note: 2 remained at par.

The Extremes:
🚀 Best Performer: 5x Return (500%)
📉 Weakest Performer: -82% Drop

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𝐀𝐏𝐏𝐋𝐘 𝐟𝐨𝐫 𝐋𝐨𝐧𝐠 𝐓𝐞𝐫𝐦

Modern Diagnostic BSE SME IPO
   (ʀᴀᴛɪɴɢ 2½⭐️ ᴏᴜᴛ 5)

◢◤◢◤◢◤◢◤◢◤◢◤◢◤◢◤◢◤◢◤
⚡️ Ｈａｐｐｙ Ｎｅｗ Ｙｅａｒ ２０２６ 🌀
◥◣◥◣◥◣◥◣◥◣◥◣◥◣◥◣◥◣◥◣

Neutral

Gabion Techno BSE SME IPO
   (ʀᴀᴛɪɴɢ 2⭐️ ᴏᴜᴛ 5)

Avoid

Victory EV NSE SME IPO

Subscribe for Healthy ListingGains & for LongTerm

Bharat Coking Coal (BCCL) IPO
   (ʀᴀᴛɪɴɢ 2⭐️ ᴏᴜᴛ 5)
• • • •
Disclaimer: DYOR
• • • •
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Avoid

Amagi Media IPO

May Apply
╰── (¬_¬") ──╮
INDO SMC BSE SME IPO
GRE Renew Enertech BSE SME IPO
Avana Electrosystems NSE SME IPO
Defrail Technologies BSE SME IPO
• • • •
Disclaimer: DYOR
• • • •
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Avoid

Shadowfax Technologies IPO

AVOID
╰── ❌ ──╮
Digilogic Syst BSE SME IPO
Arita Vinyl BSE SME IPO
KRM Ayurveda NSE SME IPO
Armour Security NSE SME IPO
Shayona Engineering BSE SME IPO
• • • •
Disclaimer: DYOR
• • • •
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