Data to 5 October 2026

How much speculation is there?

Median IPO listing-day gain, last 3 months

15%
over issue price, Oct 2026

Inside its usual range of 3% to 22%. The record is 86%, in September 2020. Up from 4% a year ago.

20202025−20%0%20%40%60%80%100%86%, Sept 2020usual range, 3% to 22%15%20182020202220242026−20%0%20%40%60%80%100%86%, Sept 2020usual range, 3% to 22%15%20182020202220242026−20%0%40%60%80%100%86%, Sept 2020usual range, 3% to 22%15%20182020202220242026−20%0%20%40%60%80%100%86%, Sept 2020usual range, 3% to 22%15%

What it is. The median first-day gain of mainboard IPOs listed in the last three months.

How to read it. Large listing gains mean issues are priced below what the market will pay on day one. They draw more investors and more issuers, which is how IPO cycles build.

Source: NSE past issues list Method Data

The numbers

Latest15%Oct 2026
A week ago16%
A month ago16%
A year ago4%
Usual range3% to 22%
Median12%
Lowest−13%31 Mar 2016
Highest86%30 Sept 2020
Percentile, full history56
Percentile, last 5 years57

The usual range is the middle half of readings since 2016. A percentile is the share of the 126 readings since 31 Mar 2016 that were below today's. Data: statistics, history (JSON); history as CSV.

To cite: tipsheet, “Median IPO listing-day gain, last 3 months”, data to Oct 2026, https://tipsheet.markets/i/ipo-listing-gain/

Read it with

IPO heat 0.77above usual
NSE cash turnover a session ₹1.1 lakh crbelow its record
F&O contracts traded in the month 319.5 crorebelow its record

the usual range: the middle half of all readingstodayEach line runs from the lowest reading ever to the highest.