Top 10 Biggest SME IPOs in 2024 by issue size

2024 has been a stellar year for the IPO market, with 240 Small and Medium Enterprise (SME) companies making their debut on the stock market. As per the exchange data, 67% of the SME IPOs (162) listed at premium over their IPO price, while 72 debuted below their issue price. Danish Power, KP Green Engineering, Sahasra Electronics Solutions, Rajesh Power Services, and SAR Televenture were among the top five in terms of IPO size, with most of them commanding strong premium over issue price.