SME IPO vs Mainboard IPO - Which Is Better?

SME IPOs (on BSE SME or NSE Emerge) have smaller lot sizes and listed at an average 60-80% प्रीमियम in 2023-24. However, SME IPOs have less liquidity post-listing (smaller float, fewer analyst coverage), higher risk of poor governance, and many have reversed all gains within 12 महीने. Mainboard IPOs are larger companies with better governance and institutional investor scrutiny.

Investment Required

₹15,000

Allotment Probability

66.67%

Oversubscription

1.5x

Listing Gain Estimate (if allotted 30 shares)

At 20% premium

₹3,000

At 50% premium

₹7,500

At 100% premium

₹15,000

Retail Individual Investor (RII) quota is 35% of the issue. Allotment for oversubscribed IPOs is done via lottery — each applicant gets max 1 lot or nothing.

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Calculated with CalcCrack