Year-ender 2023: These 5 SME IPOs are trading at least 300% higher than issue price. Do you own any?

The year 2023 has been a solid one for the SME companies with staggering subscription numbers and bumper listing gains for investors. From the SME IPO basket, 136 out of the 166 companies were listed and closed in positive territory by the end of the listing day. Further, many of them have even tripled investors' wealth this year. Source: FYERS Research

Shares of Goyal Salt, which debuted on the NSE SME platform in October, are currently trading at 300% higher than the issue price of Rs 38. The stock has delivered listing gains of 258%.

Srivari Spices and Foods offered its shares in its IPO at Rs 42. The stock is currently trading at Rs 184, which is 338% higher than the offer price.

Shares of Krishca Strapping Solution, which listed in May this year, are currently up 312% higher than the offer price of Rs 54

Meson Valves India priced its IPO at Rs 102 and the shares are currently trading at Rs 503, which is nearly 400% higher than the issue price.

Shares of Bondada Engineering, which debuted on the BSE SME platform in August this year, is trading at 420% higher than the issue price of Rs 75. The stock has delivered listing gains of 150%.