IPOs of 2022

147 Indian IPOs listed in 2022 — 40 on the mainboard and 107 on the SME platform, raising ₹61,958 crore. The average listing gain was +24.8% (median +10.1%), and 76% closed above their issue price. The strongest debut was Phantom Digital Effects Limited (+229.2%); the weakest was BHATIA COLOUR CHEM LIMITED (-50.0%).