JM Financial Ltd.

IPOs managed by JM Financial Ltd. — 28 total

JM Financial Ltd. IPO Track Record

JM Financial Ltd. has managed 32 IPOs that we track (all Mainboard issues) between January 2026 and October 2026. Across the 24 with a recorded listing price, the average listing gain was +14.37%, against +13.16% for all 101 Mainboard IPOs we track, and 20 of 24 listed at or above the issue price. The strongest debut was Tempsens Instruments (+111.33%); the weakest was Turtlemint Fintech (-11.25%).

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.

Track Record

IPOs Managed

32 total (32 Mainboard, 0 SME)

Average Listing Gain

+14.37%

At or Above Issue Price

20 of 24 listed IPOs

Most Recent IPO

Jio Platforms (Oct 2026)

Upcoming

Mainboard

Jio Platforms

₹1,065 – 1,119

Open Oct 21

Close Oct 23

Allotment Oct 26

Listing Oct 28

GMP

+₹251 +22.4%

Upcoming

Mainboard

Paras Healthcare

₹660 – 693

Open Oct 21

Close Oct 23

Allotment Oct 26

Listing Oct 28

GMP

+₹92 +13.3%

Open

Closing in --:--:-- Mainboard

Zetwerk Manufacturing

₹143 – 151

Open Oct 15

Close Oct 19

Allotment Oct 21

Listing Oct 23

GMP

+₹5 +3.3%

Subscription

0.31x

Open

Closing in --:--:-- Mainboard

Tonbo Imaging

₹665 – 700

Open Oct 15

Close Oct 19

Allotment Oct 21

Listing Oct 23

GMP

+₹515 +73.6%

Subscription

7.78x

Listed

Mainboard

Orient Cables

₹258 – 272

Open Sept 25

Close Sept 29

Allotment Sept 30

Listing Oct 05

Listing Price

₹448.10 (+64.7%)

Current PriceCMP (BSE)

₹392.25 (+44.2%)

at close, 16 Oct

Listed

Mainboard

Elevate Campuses

₹343 – 362

Open Sept 23

Close Sept 25

Allotment Sept 28

Listing Sept 30

Listing Price

₹355.10 (-1.9%)

Current PriceCMP (BSE)

₹320.35 (-11.5%)

at close, 16 Oct

Listed

Mainboard

Varmora Granito

₹140 – 148

Open Sept 22

Close Sept 24

Allotment Sept 25

Listing Sept 29

Listing Price

₹155.00 (+4.7%)

Current PriceCMP (BSE)

₹127.70 (-13.7%)

at close, 16 Oct

Listed

Mainboard

NSE

₹1,700 – 1,785

Open Sept 17

Close Sept 21

Allotment Sept 22

Listing Sept 24

Listing Price

₹1,800.00 (+0.8%)

Current PriceCMP (BSE)

₹1,749.45 (-2.0%)

at close, 16 Oct

Listed

Mainboard

Hero Motors

₹79 – 84

Open Sept 16

Close Sept 18

Allotment Sept 21

Listing Sept 23

Listing Price

₹82.10 (-2.3%)

Current PriceCMP (BSE)

₹149.25 (+77.7%)

at close, 16 Oct

Listed

Mainboard

Asset Reconstruction

₹132 – 139

Open Sept 09

Close Sept 11

Allotment Sept 15

Listing Sept 17

Listing Price

₹139.00 (+0.0%)

Current PriceCMP (BSE)

₹138.80 (-0.1%)

at close, 16 Oct

Listed

Mainboard

Karamtara Engineering

₹241 – 254

Open Sept 09

Close Sept 11

Allotment Sept 15

Listing Sept 17

Listing Price

₹320.00 (+26.0%)

Current PriceCMP (NSE)

₹384.00 (+51.2%)

at close, 16 Oct

Listed

Mainboard

Lumino Industries

₹78 – 82

Open Aug 27

Close Aug 31

Allotment Sept 01

Listing Sept 03

Listing Price

₹110.00 (+34.2%)

Current PriceCMP (BSE)

₹102.20 (+24.6%)

at close, 16 Oct

Listed

Mainboard

Symbiotec Pharmalab

₹938 – 988

Open Aug 24

Close Aug 27

Allotment Aug 28

Listing Sept 01

Listing Price

₹988.00 (+0.0%)

Current PriceCMP (BSE)

₹1,278.50 (+29.4%)

at close, 16 Oct

Listed

Mainboard

Augmont Enterprises

₹750 – 788

Open Aug 21

Close Aug 25

Allotment Aug 27

Listing Aug 31

Listing Price

₹961.00 (+22.0%)

Current PriceCMP (BSE)

₹1,339.90 (+70.0%)

at close, 16 Oct

Listed

Mainboard

Tempsens Instruments

₹285 – 300

Open Aug 20

Close Aug 24

Allotment Aug 25

Listing Aug 28

Listing Price

₹634.00 (+111.3%)

Current PriceCMP (BSE)

₹556.25 (+85.4%)

at close, 16 Oct

Listed

Mainboard

Gaja Alternative

₹152 – 160

Open Aug 19

Close Aug 21

Allotment Aug 24

Listing Aug 26

Listing Price

₹185.00 (+15.6%)

Current PriceCMP (BSE)

₹140.20 (-12.4%)

at close, 16 Oct

Listed

Mainboard

Horizon Industrial Parks

₹57 – 60

Open Aug 17

Close Aug 19

Allotment Aug 20

Listing Aug 24

Listing Price

₹60.25 (+0.4%)

Current PriceCMP (BSE)

₹48.08 (-19.9%)

at close, 16 Oct

Listed

Mainboard

Shiprocket

₹92 – 97

Open Aug 12

Close Aug 14

Allotment Aug 17

Listing Aug 19

Listing Price

₹131.00 (+35.1%)

Current PriceCMP (BSE)

₹130.00 (+34.0%)

at close, 16 Oct

Listed

Mainboard

Milky Mist

₹133 – 140

Open Aug 11

Close Aug 13

Allotment Aug 14

Listing Aug 18

Listing Price

₹165.00 (+17.9%)

Current PriceCMP (BSE)

₹304.25 (+117.3%)

at close, 16 Oct

Listed

Mainboard

LEAP India

₹151 – 159

Open Aug 07

Close Aug 11

Allotment Aug 12

Listing Aug 14

Listing Price

₹165.90 (+4.3%)

Current PriceCMP (BSE)

₹136.70 (-14.0%)

at close, 16 Oct

Company	Price Band	Open	Close	Allotment	Listing	Listing Price	Current Price
JP Jio Platforms Upcoming Mainboard ₹1,065–1,119 · Oct 21 – Oct 23	₹1,065 – 1,119	Oct 21	Oct 23	Oct 26	Oct 28	—	—
PH Paras Healthcare Upcoming Mainboard ₹660–693 · Oct 21 – Oct 23	₹660 – 693	Oct 21	Oct 23	Oct 26	Oct 28	—	—
ZM Zetwerk Manufacturing Open Mainboard Closing in --:--:-- ₹143–151 · Oct 15 – Oct 19	₹143 – 151	Oct 15	Oct 19	Oct 21	Oct 23	—	—
TI Tonbo Imaging Open Mainboard Closing in --:--:-- ₹665–700 · Oct 15 – Oct 19	₹665 – 700	Oct 15	Oct 19	Oct 21	Oct 23	—	—
OC Orient Cables Listed Mainboard ₹258–272 · Sept 25 – Sept 29	₹258 – 272	Sept 25	Sept 29	Sept 30	Oct 05	₹448.10 (+64.7%)	₹392.25 (+44.2%) BSE at close, 16 Oct
EC Elevate Campuses Listed Mainboard ₹343–362 · Sept 23 – Sept 25	₹343 – 362	Sept 23	Sept 25	Sept 28	Sept 30	₹355.10 (-1.9%)	₹320.35 (-11.5%) BSE at close, 16 Oct
VG Varmora Granito Listed Mainboard ₹140–148 · Sept 22 – Sept 24	₹140 – 148	Sept 22	Sept 24	Sept 25	Sept 29	₹155.00 (+4.7%)	₹127.70 (-13.7%) BSE at close, 16 Oct
N NSE Listed Mainboard ₹1,700–1,785 · Sept 17 – Sept 21	₹1,700 – 1,785	Sept 17	Sept 21	Sept 22	Sept 24	₹1,800.00 (+0.8%)	₹1,749.45 (-2.0%) BSE at close, 16 Oct
HM Hero Motors Listed Mainboard ₹79–84 · Sept 16 – Sept 18	₹79 – 84	Sept 16	Sept 18	Sept 21	Sept 23	₹82.10 (-2.3%)	₹149.25 (+77.7%) BSE at close, 16 Oct
AR Asset Reconstruction Listed Mainboard ₹132–139 · Sept 09 – Sept 11	₹132 – 139	Sept 09	Sept 11	Sept 15	Sept 17	₹139.00 (+0.0%)	₹138.80 (-0.1%) BSE at close, 16 Oct
KE Karamtara Engineering Listed Mainboard ₹241–254 · Sept 09 – Sept 11	₹241 – 254	Sept 09	Sept 11	Sept 15	Sept 17	₹320.00 (+26.0%)	₹384.00 (+51.2%) NSE at close, 16 Oct
LI Lumino Industries Listed Mainboard ₹78–82 · Aug 27 – Aug 31	₹78 – 82	Aug 27	Aug 31	Sept 01	Sept 03	₹110.00 (+34.2%)	₹102.20 (+24.6%) BSE at close, 16 Oct
SP Symbiotec Pharmalab Listed Mainboard ₹938–988 · Aug 24 – Aug 27	₹938 – 988	Aug 24	Aug 27	Aug 28	Sept 01	₹988.00 (+0.0%)	₹1,278.50 (+29.4%) BSE at close, 16 Oct
AE Augmont Enterprises Listed Mainboard ₹750–788 · Aug 21 – Aug 25	₹750 – 788	Aug 21	Aug 25	Aug 27	Aug 31	₹961.00 (+22.0%)	₹1,339.90 (+70.0%) BSE at close, 16 Oct
TI Tempsens Instruments Listed Mainboard ₹285–300 · Aug 20 – Aug 24	₹285 – 300	Aug 20	Aug 24	Aug 25	Aug 28	₹634.00 (+111.3%)	₹556.25 (+85.4%) BSE at close, 16 Oct
GA Gaja Alternative Listed Mainboard ₹152–160 · Aug 19 – Aug 21	₹152 – 160	Aug 19	Aug 21	Aug 24	Aug 26	₹185.00 (+15.6%)	₹140.20 (-12.4%) BSE at close, 16 Oct
HI Horizon Industrial Parks Listed Mainboard ₹57–60 · Aug 17 – Aug 19	₹57 – 60	Aug 17	Aug 19	Aug 20	Aug 24	₹60.25 (+0.4%)	₹48.08 (-19.9%) BSE at close, 16 Oct
S Shiprocket Listed Mainboard ₹92–97 · Aug 12 – Aug 14	₹92 – 97	Aug 12	Aug 14	Aug 17	Aug 19	₹131.00 (+35.1%)	₹130.00 (+34.0%) BSE at close, 16 Oct
MM Milky Mist Listed Mainboard ₹133–140 · Aug 11 – Aug 13	₹133 – 140	Aug 11	Aug 13	Aug 14	Aug 18	₹165.00 (+17.9%)	₹304.25 (+117.3%) BSE at close, 16 Oct
LI LEAP India Listed Mainboard ₹151–159 · Aug 07 – Aug 11	₹151 – 159	Aug 07	Aug 11	Aug 12	Aug 14	₹165.90 (+4.3%)	₹136.70 (-14.0%) BSE at close, 16 Oct