Narnolia Financial Services Ltd.

IPOs managed by Narnolia Financial Services Ltd. — 2 total

Narnolia Financial Services Ltd. IPO Track Record

Narnolia Financial Services Ltd. has managed 2 IPOs that we track (all SME issues) between May 2026 and August 2026. Across the 2 with a recorded listing price, the average listing gain was -6.54%, against +11.65% for all 184 SME IPOs we track, and 1 of 2 listed at or above the issue price. The strongest debut was Fusion Klassroom (+6.92%); the weakest was Bio Medica Laboratories (-20%).

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
2 total (0 Mainboard, 2 SME)
Average Listing Gain
-6.54%
At or Above Issue Price
1 of 2 listed IPOs
Most Recent IPO
Fusion Klassroom (Aug 2026)
Type Year
Listed
SME
₹151 – 159
Jul 31 → Aug 04 · Allot Aug 05 · Lists Aug 07
Open Jul 31
Close Aug 04
Allotment Aug 05
Listing Aug 07
Listed
SME
₹132 – 139
May 21 → May 25 · Allot May 26 · Lists May 29
Open May 21
Close May 25
Allotment May 26
Listing May 29
Company Price Band Open Close Allotment Listing Listing Price Current Price

Listed SME
₹151–159 · Jul 31 – Aug 04
₹151 – 159 Jul 31 Aug 04 Aug 05 Aug 07 ₹170.00 (+6.9%) ₹163.00 (+2.5%) BSE as of 23 Oct, 2:13 pm IST

Listed SME
₹132–139 · May 21 – May 25
₹132 – 139 May 21 May 25 May 26 May 29 ₹111.20 (-20.0%) ₹149.75 (+7.7%) NSE as of 23 Oct, 3:23 pm IST
GMPUpdate