Smaller public issues have delivered strong gains in 2026. Here are the five sub-₹1,000 crore IPOs that have posted the highest returns as of August 1…
India’s IPO market has seen several smaller public issues deliver strong gains in 2026. Among IPOs with an issue size of less than ₹1,000 crore, here are the top five stocks that have recorded returns of more than 50% as of August 18, according to Prime Database.
1. Omnitech Engineering | Rajkot-based Omnitech Engineering manufactures high-precision engineered components and assemblies for industries including energy, industrial equipment and automation. The company raised ₹583 crore through its IPO, which opened in February 2026 and was listed on the BSE and NSE on March 5. Its shares have delivered a 149% return. (Image: Omnitech Engineering)
2. GSP Crop Science | Ahmedabad-based GSP Crop Science manufactures crop protection products such as insecticides, fungicides, herbicides and biopesticides. The company raised ₹400 crore through its public issue and has delivered an 85% return, making it the second-best performer in the list. (Image: GSP Crop Science)
3. OnEMI Technology | Mumbai-based OnEMI Technology Solutions provides digital lending and financing solutions through its technology platforms. The company had an IPO issue size of ₹926 crore. Its shares have gained 78% from the IPO level.
4. Gaudium IVF: New Delhi-based Gaudium IVF and Women Health raised ₹165 crore through its IPO. The stock has delivered a 53% return, placing it fourth among the sub-₹1,000 crore IPOs in the list. The company provides fertility and reproductive healthcare services, including IVF, ICSI and IUI treatments. (Image: Gaudium IVF)
5. Laser Power & Infra | Kolkata-based Laser Power & Infra raised ₹742 crore through its issue. The company manufactures power cables, conductors and other products used in power transmission and distribution, besides undertaking power infrastructure projects. Its stock has delivered a 52% return.
