8 out of 11 SME IPOs Double Investor Wealth on Listing Day in December

The SME (Small and Medium Enterprises) IPO market is booming this December, with 8 out of 11 IPOs delivering exceptional returns to investors on their listing day. Companies such as *Toss The Coin*, *Apex Ecotech*, *C2C Advanced Systems*, *Emerald Tyre Manufacturers*, *Ganesh Infraworld*, *Dhanlaxmi Crop Science*, *Rajputana Biodiesel*, and *Rajesh Power Services* have seen their share prices double, reflecting strong investor confidence and market demand.

*Toss The Coin* Leads with a Stellar Performance

Marketing consulting firm *Toss The Coin* made an impressive debut on the BSE SME platform, locking in the upper circuit at Rs 363 per share, up from its IPO issue price of Rs 182. This means investors saw their wealth double on the very first day of trading.

*Toss The Coin* specializes in helping B2B technology companies scale their businesses through expert consulting and customized marketing solutions. The firm focuses on marketing strategy, branding, content creation, and design, offering effective go-to-market strategies for tech companies of all sizes.

*C2C Advanced Systems* Surges Over 240%

Another standout performer is *C2C Advanced Systems*, which debuted on December 3, 2024. The stock locked in a 10% upper circuit at Rs 769.05 on the NSE, marking a significant rise of over 240% from its IPO price of Rs 226.

*C2C Advanced Systems* is a leading provider of vertically integrated defence electronics solutions. The company develops advanced products across the defence sector, covering air and sea platforms. Their offerings include processors, power systems, RF solutions, radars, microwave systems, embedded software, and firmware.

The company primarily serves government organisations and defence public sector undertakings (PSUs). Its notable customers include research organisations, large platform suppliers, and overseas naval establishments.

*Rajesh Power Services* Hits New High

*Rajesh Power Services Ltd (RPSL)* also impressed investors with a sharp rise in its share price. The stock hit a new high of Rs 1,149 on the BSE, up 243% from its issue price of Rs 335. RPSL entered the market on December 2 and has consistently performed well since.

RPSL operates in both renewable and non-renewable power sectors. In renewable energy, the company provides end-to-end solutions for setting up and maintaining solar power plants. In the non-renewable segment, it offers services for laying Extra High Voltage (EHV) cables, setting up substations, and designing underground power distribution systems. With the government's ambitious target of achieving 500 GW of renewable energy by 2030, RPSL is well-positioned to benefit from this sector's rapid expansion.

Why the SME IPO Market is Thriving

The SME platform plays a vital role in helping small and medium enterprises transition from the unorganised to the organised sector. By listing on SME exchanges such as BSE and NSE, these companies gain access to equity capital, which fuels their growth and development. Over time, successful SMEs can migrate to the main board, further expanding their market presence.

The Road Ahead for SMEs

With rising investor interest and government initiatives supporting SME growth, the trend of successful IPO listings is expected to continue. Companies like *Toss The Coin*, *C2C Advanced Systems*, and *Rajesh Power Services* are clear examples of how SMEs are leveraging the IPO platform to scale their businesses and create value for investors.

As India progresses toward its renewable energy targets and technological advancements, SMEs will play a critical role in driving innovation, creating jobs, and contributing to the country’s economic growth.

**Key Takeaways:**

8 out of 11 SME IPOs have doubled investor wealth on listing day this December.

Companies like *Toss The Coin* and *C2C Advanced Systems* have delivered stellar returns.

The SME platform enables small businesses to raise capital, grow, and transition into the organised sector.

With strong market resilience and promising opportunities, the SME IPO market remains a lucrative space for investors.