Statement of Merchant banker performance - SME IPO as on Oct'23

Finshore Management services Ltd Aryaman Fi

Sr. No. IPO date Company name IPO price PE %over IPO price IPO date
1 9/2/2022 Naturo Indiabull 30 28.03 -51% 9/5/2022
2 9/19/2022 Mega Flex Plastics Ltd 40 16.19 6.50% 9/13/2022
3 9/30/2022 Containe Technologies Ltd 15 214 439%
19 (Sept'22 no o 3
1
2
3
4
5
6
18 (Oct'22 no of IPO)
1
2
6 (Nov'22 no of IPO)
1 12/2/2022 AMBO Agritec Ltd 30 14.22 -6.30%
2 12/15/2022 Arham Technologies Ltd 42 13.82 201.19%
11 (Dec'22 no of 2
Performance 5 118%

2023
1
2
3
4
5
6
7
8
9
 Aryaman Financial Services Limited Beeline Capital Advisors Pvt Ltd
Company name IPO price PE %over IPO price IPO date Company name
Rhetan TMT Ltd 70 63.64 -87% 9/8/2022 Jay Jalaram Tech.Ltd
EP Biocomposites Ltd 126 26.2 49.60% 9/16/2022 Viviana Power Tech Ltd
9/28/2022 Kandarp Digi Smart BPO Ltd
2 3
10/10/2022 Trident Lifeline Ltd

1
11/14/2022 Vital Chemtech Limited

2 -19% 5
Capital Advisors Pvt Ltd GYR Capital Advisors Private Limited
IPO price PE %over IPO price IPO date Company name IPO price PE
36 46 736% 9/8/2022 JFL Life Sciences Ltd 61 26.5
55 11.29 172.36% 9/21/2022 Sabar Flex India Ltd 11 9.48
30 28.57 -33.33%
2
101 51.53 102.97% 10/6/2022 Mafia Trends Ltd 28 15.21

1
101 14.94 -4.95%

12/8/2022 Pritika Eng. Components Ltd 29 8.76

12/29/2022 Uma Converter Limited 33 10.31
2
195% 5
imited Interactive Financial Services Limited
%over IPO price IPO date Company name IPO price PE %over IPO price
-24% 9/8/2022 Dipna Pharmachem Ltd 38 39 -61%
138.18%

1
-39.29% 10/20/2022 Pace E-Commerce Ventures Ltd 103 429.16 -80.40%

148.28%
1.52%

45% 2 -71%
 SHRENI SHARES PRIVATE LIMITED Fede
IPO date Company name IPO price PE %over IPO price IPO date
9/8/2022 Ameya Precision Engineers Ltd 34 16.75 54% 9/15/2022
9/22/2022

11/14/2022 DAPS Advertising Limited 30 8.82 14.43%

11/16/2022 Amiable Logistics (India) Ltd 81 10.9 6.11%
2
12/20/2022 PNGS Gargi Fashion Jewellery Ltd 30 6.77 800% 12/30/2022
12/29/2022 Arihant Academy Limited 90 19.11 34.50%
2
5 182%
 Fedex Securities Pvt Ltd Gretex Corporate Servic
Company name IPO price PE %over IPO price IPO date
Virtuoso Optoelectronics Ltd 56 6.92 316% 9/19/2022
Tapi Fruit Processing Ltd 48 120 268.54%

2
10/10/2022
10/10/2022

Moxsh Overseas Educon Ltd 153 50 -17.65%

1
3 189%
 Gretex Corporate Services Limited First Overseas Capi
Company name IPO price PE %over IPO price IPO date
Shantidoot Infra Services Ltd 81 10.37 -5.86% 9/22/2022
9/22/2022

1
Steelman Telecom Limited 96 23.41 55.47% 10/11/2022
Reetech Inter Cargo & Courier Ltd 105 10.64 -47.62%

3 1%
 First Overseas Capital Limited Corporate Capitalven
Company name IPO price PE %over IPO price IPO date
Ishan International Ltd 80 38.09 -57.50% 9/27/2022
Varanium Cloud Ltd 122 14.59 214.02%

2
QMS Medical Allied Services Ltd 121 20.1 12.31% 10/12/2022
10/21/2022

12/23/2022

3 56%
 Corporate Capitalventures Pvt Ltd Sun Capital Advisory
Company name IPO price PE %over IPO price IPO date
Annapurna Swadisht Ltd 70 21.94 314.14% 9/28/2022

1
Swastik Pipe Limited 100 11.38 -2.95%
Phantom Digital Effects Ltd 95 6.72 357.63%

Droneacharya Aerial Innovations Ltd 54 45 241.67%

1
4 228%
 Sun Capital Advisory Services (P) Ltd Hem Securities Limit
Company name IPO price PE %over IPO price IPO date
Maks Energy Solutions India Ltd 20 NA 366.25%

1
10/10/2022
10/10/2022
10/10/2022
10/10/2022
10/11/2022
10/12/2022

12/8/2022

1 366%
 Hem Securities Limited Holani Consultants Private Ltd
Company name IPO price PE %over IPO price IPO date Company name

Cargotrans Maritime Ltd 45 7.77 81.62% 10/10/2022 Insolation Energy Ltd

Concord Control Systems Ltd 55 12.14 990.91%
Silicon Rental Solutions Ltd 78 10.73 106.41%
Cargosol Logistics Limited 28 5.15 74.96%
Lloyds Luxuries Limited 40 NA 119.88%
Vedant Asset Limited 40 80 20%
6 1

Baheti Recycling Ind. Ltd 45 13.55 345.22%

1
7 248% 1
olani Consultants Private Ltd Swastika Investmart Ltd
IPO price PE %over IPO price IPO date Company name IPO price

38 11.41 1056.18% 10/10/2022 Cyber Media Research & Services Ltd 180

1056% 1
art Ltd Sarthi Capital Advisors Private Limited
PE %over IPO price IPO date Company name IPO price PE %over IPO price

34.95 -30.78% 10/13/2022 Frog Cellsat Limited 102 10.93 130%

-31% 1 130%
 Inventure Merchant Banker Services Pvt Ltd Expert Global Consult
IPO date Company name IPO price PE %over IPO price IPO date

10/13/2022 Maagh Adv & Mkt Serv Ltd 60 37.5 -18.60%

1
11/11/2022

12/28/2022

1 -19%
 Expert Global Consultants Private Limited Unistone Capital Pvt L
Company name IPO price PE %over IPO price IPO date

Rite Zone Chemcon India Ltd 75 90.36 -20% 11/11/2022

1
Dollex Agrotech Limited 35 14.46 19.71% 12/21/2022

1
2 0%
 Unistone Capital Pvt Ltd Isk Advisors Pvt
Company name IPO price PE %over IPO price IPO date

Integrated Personnel Services Ltd 59 12.77 118.47% 11/16/2022

1
All E Technologies Limited 90 15.36 124.78%

1
2 122%
 Isk Advisors Pvt Ltd
Company name IPO price PE %over IPO price

Technopack Polymers Limited 55 10.54 78.09%

1 78%