IPOs of 2016

93 Indian IPOs listed in 2016 — 29 on the mainboard and 64 on the SME platform, raising ₹26,110 crore. The average listing gain was +9.8% (median +5.7%), and 76% closed above their issue price. The strongest debut was Quess Corp Limited (+58.7%); the weakest was HealthCare Global Enterprises Limited (-21.6%).