Indcap Advisors Pvt. Ltd.
IPOs managed by Indcap Advisors Pvt. Ltd. — 3 total
Indcap Advisors Pvt. Ltd. IPO Track Record
Indcap Advisors Pvt. Ltd. has managed 3 IPOs that we track (all SME issues) between January 2026 and September 2026. Across the 3 with a recorded listing price, the average listing gain was +41.7%, against +11.65% for all 184 SME IPOs we track, and 2 of 3 listed at or above the issue price. The strongest debut was SpectraA Technology (+90%); the weakest was Injecto Polymers (-1%).
Listing gain is measured from the issue price to the listing-day opening price. Past listings do not predict how a future IPO will list, and the lead manager does not set the listing price. This is a record of public data, not a recommendation.
| Company | Price Band | Open | Close | Allotment | Listing | Listing Price | Current Price |
|---|---|---|---|---|---|---|---|
|
Listed SME
₹112–118
· Sept 17 – Sept 21
|
₹112 – 118 | Sept 17 | Sept 21 | Sept 22 | Sept 24 | ₹224.20 (+90.0%) | ₹231.60 (+96.3%) NSE as of 23 Oct, 3:28 pm IST |
|
Listed SME
₹90–100
· Sept 11 – Sept 16
|
₹90 – 100 | Sept 11 | Sept 16 | Sept 17 | Sept 21 | ₹99.00 (-1.0%) | ₹93.40 (-6.6%) BSE as of 23 Oct, 3:26 pm IST |
|
Listed SME Electrical Equipment
₹56–59
· Jan 12 – Jan 14
|
₹56 – 59 | Jan 12 | Jan 14 | Jan 15 | Jan 20 | ₹80.30 (+36.1%) | ₹160.80 (+172.5%) NSE as of 23 Oct, 3:15 pm IST |