IPOs of 2018

167 Indian IPOs listed in 2018 — 25 on the mainboard and 142 on the SME platform, raising ₹31,848 crore. The average listing gain was +4.6% (median +1.8%), and 69% closed above their issue price. The strongest debut was HDFC Asset Management Company Limited (+65.1%); the weakest was U H ZAVERI LTD (-28.8%).