SME IPOs 2026
SME IPOs 2026
Explore all SME IPOs and discover potential investments.
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Open IPOs
Open - Close06 Apr - 08 Apr
Issue size₹48.00
Price range₹75.00 – ₹80.00
Closes on 8 Apr
Open - Close27 Mar - 08 Apr
Issue size₹32.00
Price range₹93.00 – ₹98.00
Closes on 8 Apr
Name | Open - Close | Issue size | Price range | Subscription | |
|---|---|---|---|---|---|
 Safety Controls & Devices IPOSME, Engineering - Construction | 06 Apr - 08 Apr | ₹48Cr | ₹75.00 – ₹80.00 | 0.33x | |
Emiac Technologies IPOSME, IT - Software | 27 Mar - 08 Apr | ₹32Cr | ₹93.00 – ₹98.00 | 1.03x |
View more open IPOs
Upcoming IPOs
Date announced
There are no upcoming sme IPOs at the moment
Closed IPOs
Allotment Date01 Apr 2026
Demat Transfer02 Apr 2026
Listing Date07 Apr 2026
Name | Allotment Date | Demat Transfer | Listing Date | Subscription |
|---|---|---|---|---|
Vivid Electromech IPOSME, Electric Equipment | 01 Apr 2026 | 02 Apr 2026 | 07 Apr 2026 | 1.13x |
Listed IPOs
Name | Listing Date | Today's LTP | Listing Price | Listing gains/loss |
|---|---|---|---|---|
Highness Microelectronics IPOSME, IT - Hardware | 02 Apr 2026 | --- | ₹125.00 | 4.17% |
Tipco Engineering India IPOSME, Engineering - Industrial Equipments | 01 Apr 2026 | --- | ₹89.25 | 0.28% |
Speciality Medicines IPOSME, Pharmaceuticals & Drugs | 30 Mar 2026 | --- | ₹124.00 | 0.00% |
Novus Loyalty IPOSME, IT - Software | 25 Mar 2026 | --- | ₹146.00 | 0.00% |
Apsis Aerocom IPOSME, Engineering | 18 Mar 2026 | --- | ₹153.00 | 39.09% |
View more listed IPOs
How to apply for IPOs on Upstox
Step 1
Go to www.upstox.com/ipo or open the Upstox mobile app and select the IPO you wish to apply for from the 'Open IPO' section
Step 2
Click on apply, enter the lot size, price and provide your UPI mandate.
Step 3
Approve the UPI mandate on your UPI app and you are all set!
Latest News on
Of the top five biggest Indian IPOs, two had issue sizes exceeding ₹20,000 crore, while three raised between ₹15,000 crore and ₹20,000 crore.
4 min read
Om Power Transmission IPO: The ₹150.06 crore initial share sale consists of new equity shares aggregating to ₹132.56 crore and an offer for sale (OFS) component of ₹17.50 crore.
2 min read
Upcoming IPOs: Only one listing of electrical panels and automation systems manufacturer Vivid Electromech will occur on the SME platform of the NSE this week.
3 min read
New IPOs Alert: Of the 38 firms that filed their draft papers with SEBI in March 2026, nine firms, including Rediff.com India, Zetwerk, SNVA Traveltech, Synergy Advanced Metals, Garuda Aerospace, Torrent Gas, and Sohan Lal Commodity Management, chose the confidential filing route.
3 min read
New IPO Alert: Rediff India provides world-class online consumer service offerings. It delivers enterprise email services, news and information and an online shopping marketplace.
2 min read
Sai Parenteral's share price: The ₹408.79 crore initial share sale was a mix of a fresh issue of shares aggregating to ₹285 crore and an offer-for-sale (OFS) of ₹123.79 crore.
2 min read
Amir Chand Jagdish Kumar share price: The ₹440 crore initial public offering was only a fresh issuance of 2.08 crore shares, with no offer for sale (OFS) component. The money raised will be utilised for funding working capital requirements and corporate general purposes.
2 min read
Powerica share price: The ₹1,100 crore book-build issue consisted of a fresh issuance of shares worth ₹700 crore and an offer for sale (OFS) component of ₹400 crore by promoters Kabir and Kimaya Family Private Trust and Naresh Oberoi Family Trust.
2 min read
The ₹130.54 crore initial public offering was a mix of a fresh issuance of shares valued at ₹104.56 crore and an offer for sale (OFS) component of ₹25.97 crore by promoters Sameer Vishvanath Attavar and Meeta Sameer Attavar.
3 min read
SpaceX IPO, which could be the world's biggest ever, could make its founder, Elon Musk, the world's first trillionaire. Currently, the world's biggest issue is Saudi Aramco, which had raised $29 billion in 2019.
2 min read
Safety Controls & Devices IPO: The ₹48 crore initial share sale is exclusively a fresh issuance of 60,00,00 crore shares, with no offer for sale (OFS) component.
2 min read
Upcoming IPOs: Non-ferrous metal products maker Gujarat Victory Forgings's initial share sale is a mix of 6,500,000 new equity shares and an offer for sale (OFS) of 13,200,00 shares by promoter Vijendrakumar Bishamber Gupta.
5 min read
Of the nine initial share sales listed in March 2026, six are trading in the red, while three are in the positive territory. Key listings this month included Central Mine Planning & Design Institute (CMPDI), Clean Max Enviro Energy Solutions and PNGS Reva Diamond Jewellery.
4 min read
PropShare Celestia is the third SM REIT launched by Property Share Investment Trust. The initial share sale will consist solely of a fresh issuance of units, with no offer for sale (OFS) component.
3 min read
Amir Chand Jagdish Kumar IPO allotment: The ₹440 crore book-build issue was solely a fresh issuance of 2.08 crore shares, with no offer for sale component. The funds generated will be used for funding working capital needs and general corporate purposes.
3 min read
Sai Parenteral's IPO allotment: The ₹408.79 crore issue, with a price band of ₹372 to ₹392 per share, was a fresh issuance of shares worth ₹285 crore and an offer-for-sale (OFS) component of ₹123.79 crore.
3 min read
Powerica IPO allotment: The ₹1,100 crore book-build issue was a mix of a fresh issuance of shares aggregating to ₹700 crore and an offer for sale of ₹400 crore by promoters Kabir and Kimaya Family Private Trust and Naresh Oberoi Family Trust.
3 min read
Upcoming IPOs: The initial share sale of Rentomojo, an online rental platform for home furniture and appliances, is a mix of a fresh issuance of shares valued at ₹150 crore and an offer for sale (OFS) component of 2.83 crore shares, as per the DRHP.
3 min read
CMPDI share price: The ₹1,842 crore initial public offering, with a price band of ₹163 to ₹172 per share, was exclusively an offer for sale (OFS) of 10.71 crore shares by promoter Coal India Ltd.
3 min read
Upcoming IPOs: According to the draft papers, SAEL Industries plans to raise ₹4,575 crore through a combination of a fresh issue of ₹3,750 crore and an offer for sale (OFS) of ₹825 crore by investor Norfund.
3 min read
Powerica IPO: The ₹1,100 crore initial share sale, with a price band of ₹375 to ₹395 apiece, is a combination of a fresh issue of shares aggregating to ₹700 crore and an offer for sale (OFS) of ₹400 crore by promoters Naresh Oberoi Family Trust and Kabir and Kimaya Family Private.
3 min read
Amir Chand Jagdish Kumar IPO Day 3: The ₹440 crore initial share sale is only a fresh issuance of 2.08 crore shares, with no offer for sale (OFS) component.
3 min read
Sai Parenteral's IPO: The ₹408.79 crore IPO has a fresh issue of shares aggregating up to ₹285 crore and an offer-for-sale of ₹123.79 crore. With a price band of ₹372 to ₹392 per share, a lot consists of 38 shares.
3 min read
Jio Platforms IPO Update: The initial public offering, which could be India’s largest-ever, will be structured as an offer for sale (OFS), with many existing foreign investors preparing to offload their stakes, the report said.
2 min read
Upcoming IPO: The proposed initial share sale of Bharat PET will include a fresh issue of shares worth ₹120 crore and an offer-for-sale (OFS) component of ₹640 crore.
2 min read
What our users have to say
Why invest in SME IPOs?
Investing in Small and Medium Enterprise (SME) IPOs provides an opportunity to capitalise on growing businesses while benefiting from their potential for expansion and profitability. These initial public offerings allow SMEs to raise capital by listing shares on stock exchanges. SME IPOs provide long-term capital for the company, which can be utilised for expansion, marketing, meeting working capital needs, or other strategic investments. Unlike loans, this capital does not require repayment, offering more financial flexibility. Additionally, public listing enhances the SME’s visibility and reputation, attracting institutional investors and improving corporate governance. The SME IPOs hold immense potential for early investors as many recently listed SME issues have given multifold returns after market debut.
How to apply for SME IPOs with Upstox?
Web: You can apply for an IPO on the Upstox website. Go to https://upstox.com/ipo/sme and log in with your credentials. From the list of open IPOs, select the IPO you want to apply for and click Apply. Enter details like the cutoff price, lot size, and UPI ID for the mandate. Approve the UPI mandate on your UPI application. You can track your application status from the My Application tab.
App: To get started
- Open the Upstox app and log in using your 6-digit PIN or Biometrics.
- From the bottom menu, tap on the More tab and select the IPO option.
- In the Explore section, check the Show SME IPOs box to see all the available SME IPOs.
- Browse through the listed SME IPOs and click on Pre-apply now or Apply Now for your desired IPO.
- Enter the required details like quantity and price, then click on Continue to apply.
- Provide your UPI ID linked to your bank account and click Continue to apply.
- Monitor your application status by selecting Timeline or Summary. A message will appear regarding the pending UPI mandate.
- Open your UPI app and approve the payment mandate.
- Once the mandate is accepted, track your application under the View Application tab.
- To see a detailed IPO timeline, check the Timeline section for date-wise updates.
Frequently asked questions
How does the size of an SME IPO differ from that of a mainboard IPO?
An IPO refers to the first time a company offers its shares to the public to raise capital from the primary market. The main difference between SME IPOs and mainboard IPOs lies in the issue size. Mainboard IPOs tend to have larger issue sizes, while SME IPOs involve smaller issue sizes. To qualify for an SME IPO in India, the Securities and Exchange Board of India (SEBI) has issued a set of guidelines. For instance, the SMEs should have an operating profit of ₹1 crore for two out of three financial years before applying for an IPO, the offer-for-sale is capped at 20% of the issue size, or 50% of the holding, whichever is lower, and the maximum post-issue capital is ₹25 crore, among others.
Which SME IPO is expected to launch next?
Some of the upcoming SME IPOs are:
NFP Sampoorna Foods IPO,
Solar91 Cleantech IPO
Other IPO Links
Emiac Technologies IPO
Trending
View IPO
How to apply for IPOs on Upstox
Step 1
Go to www.upstox.com/ipo or open the Upstox mobile app and select the IPO you wish to apply for from the 'Open IPO' section
Step 2
Click on apply, enter the lot size, price and provide your UPI mandate.
Step 3
Approve the UPI mandate on your UPI app and you are all set!
Other IPO Links