SME IPOs 2026
SME IPOs 2026
Explore all SME IPOs and discover potential investments.
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Open IPOs
Open - Close19 Jun - 23 Jun
Issue size₹24.00
Price range₹77.00 – ₹80.00
Closes on 23 Jun
Open - Close18 Jun - 22 Jun
Issue size₹30.00
Price range₹196 – ₹208
Closes on 22 Jun
Open - Close18 Jun - 22 Jun
Issue size₹31.00
Price range₹102 – ₹108
Closes on 22 Jun
Name | Open - Close | Issue size | Price range | Subscription | |
|---|---|---|---|---|---|
 Avience Biomedicals IPOSME, Hospital & Healthcare Services | 18 Jun - 22 Jun | ₹30Cr | ₹196 – ₹208 | 30.61x | |
Riyaasat Lifestyle IPOSME, Retailing | 18 Jun - 22 Jun | ₹31Cr | ₹102 – ₹108 | 0.13x | |
Anubhav Plast IPOSME, Steel & Iron Products | 19 Jun - 23 Jun | ₹24Cr | ₹77.00 – ₹80.00 | 1.41x |
View more open IPOs
Upcoming IPOs
Date announced
Name | Status | |
|---|---|---|
Jivial Industries IPOSME, Aluminium & Aluminium Products | 23 Jun 2026 Opening | RHP |
Shreedhar Spinners IPOSME, Textile | 23 Jun 2026 Opening | RHP |
Dates yet to be announced
Closed IPOs
Allotment Date22 Jun 2026
Demat Transfer23 Jun 2026
Listing Date24 Jun 2026
Allotment Date22 Jun 2026
Demat Transfer23 Jun 2026
Listing Date24 Jun 2026
Allotment Date22 Jun 2026
Demat Transfer23 Jun 2026
Listing Date24 Jun 2026
Allotment Date22 Jun 2026
Demat Transfer23 Jun 2026
Listing Date24 Jun 2026
Name | Allotment Date | Demat Transfer | Listing Date | Subscription |
|---|---|---|---|---|
Leapfrog Engineering Services IPOSME, Engineering - Construction | 22 Jun 2026 | 23 Jun 2026 | 24 Jun 2026 | 3.70x |
Liotech Industries IPOSME, Steel/Sponge Iron/Pig Iron | 22 Jun 2026 | 23 Jun 2026 | 24 Jun 2026 | 1.95x |
Clay Craft India IPOSME, Glass | 22 Jun 2026 | 23 Jun 2026 | 24 Jun 2026 | 119.94x |
Diksha Polymers IPOSME, Petrochemicals | 22 Jun 2026 | 23 Jun 2026 | 24 Jun 2026 | 1.43x |
Listed IPOs
Name | Listing Date | Today's LTP | Listing Price | Listing gains/loss |
|---|---|---|---|---|
Horizon Reclaim (India) IPOSME, Rubber Products | 19 Jun 2026 | --- | ₹151.00 | 46.60% |
Susan Electricals India IPOSME, Cable | 18 Jun 2026 | --- | ₹186.00 | 46.46% |
Utkal Speciality Industries India IPOSME, Paper & Paper Products | 17 Jun 2026 | --- | ₹66.00 | 0.00% |
Genxai Analytics IPOSME, IT - Software | 12 Jun 2026 | --- | ₹92.80 | -20.00% |
Vahh Chemicals IPOSME, Chemicals | 11 Jun 2026 | --- | ₹70.00 | 16.67% |
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
NSE IPO will be entirely an offer for sale of 14.89 crore equity shares with existing shareholders collectively divesting nearly 6% of the exchange's stake.
3 min read
Jaipur-based jewellery manufacturer Advit Jewels' initial share sale will be live from June 23 to June 25. It has set a price band of ₹130 to ₹138 per equity share.
4 min read
Waterways Leisure Tourism, the parent company of Cordelia Cruises set to launch its IPO next week. The company offers domestic cruise services across different locations, with 79% market share in value terms as of FY25. The IPO will remain open for subscription between June 23 and 25, 2026.
6 min read
Putting all speculation to rest, RIL Chairman Mukesh Ambani on Friday announced a key update on the much-awaited IPO of Jio Platforms
3 min read
Jio Platforms IPO: The initial share sale is solely a fresh issuance of 27 crore shares, with no offer for sale component, according to the preliminary papers.
2 min read
The proposed IPO of Jio Platforms will comprise a fresh issue of up to 27,00,00,000 (twenty-seven crore) equity shares with a face value of ₹10 each
3 min read
The ₹110.11 crore Clay Craft India IPO is solely a fresh issuance of 54.24 lakh equity shares, with no offer for sale (OFS) component. The price band has been fixed at ₹193 to ₹203 per equity share.
3 min read
The ₹882.67 crore Turtlemint Fintech Solutions IPO is a fresh issuance of 4.35 crore shares valued at ₹660.72 crore and an offer for sale (OFS) of ₹221.95 crore.
2 min read
Horizon Reclaim India IPO was exclusively a fresh issuance of 52.69 lakh shares valued at ₹54.27 crore. There was no offer for sale (OFS) component.
2 min read
NSE has filed its DRHP with the market regulator SEBI for its IPO approval. NSE IPO will be a complete offer-for-sale (OFS) of over 14.8 crore shares by existing shareholders. NSE and BSE virtually control 100% of organised stock and derivatives trading markets in India. Both exchanges compete with each other for market share.
5 min read
The ₹145.78 crore initial share sale of CSM Technologies is a fresh issuance of 1,29,01,000 shares. There is no offer for sale (OFS) component.
2 min read
The initial share sale of Waterways Leisure Tourism is solely a fresh issuance of shares, with no offer for sale (OFS) component.
2 min read
The ₹54.27 crore Horizon Reclaim India IPO, with a price band of ₹98 to ₹103 per share, was solely a fresh issuance of 52.69 lakh equity shares, with no offer for sale (OFS) component.
3 min read
The proposed NSE IPO will be solely an offer-for-sale (OFS) of 14.89 crore shares. Since there is no fresh issue component, the exchange will not get any proceeds from the public offer. The money raised will go to the selling shareholders.
2 min read
Riyaasat Lifestyle's initial share sale is solely a fresh issuance of 28.48 lakh shares, without an offer for sale (OFS) component.
2 min read
Susan Electricals IPO was subscribed 192.06 times, with bids for 77,18,85,000 shares as against 40,19,000 shares on offer, according to the BSE data.
3 min read
Mukesh Ambani, in RIL's annual report published last month, said the company is taking deliberate steps to strengthen Jio's institutional framework, improve transparency and prepare it for opportunities ahead as the digital services evolve into a global technology leader.
2 min read
Liotech Industries IPO is a mix of fresh issuance of 9 lakh shares aggregating to ₹28.89 crore and an offer for sale of ₹7.13 crore by promoters Pushpaben Mansukhbhai Bhuva and Mansukhbhai Kadvabhai Bhuva.
2 min read
Horizon Reclaim IPO, with a price band of ₹98 to ₹103 per share, is only a fresh issuance of 52.69 lakh shares aggregating to ₹54.27 crore.
3 min read
SIS Cash Services, a joint venture between SIS and Spain-based cash management firm Prosegur, filed a draft red herring prospectus (DRHP) with SEBI in March 2026.
3 min read
The ₹882.66 crore Turtlemint Fintech Solutions IPO consists of fresh issuance of shares valued at ₹660.72 crore and an offer for sale (OFS) of ₹221.94 crore.
2 min read
The objects of the issue include funding capital expenditure for establishing an assembly unit, working capital needs, and general corporate purposes
2 min read
Reliance Jio IPO, along with NSE, Zepto and Flipkart, are some of the most anticipated IPOs of 2026. However, recent weak market sentiments because of the US-Iran war have slowed the primary market activity. But there is a strong likelihood of revival in the domestic IPO market after record-breaking funds raised by the SpaceX IPO and the signing of the US-Iran peace deal.
4 min read
The proposed initial public offering of Razorpay could be a mix of a fresh issuance of shares as well as an offer for sale (OFS) component, a media report said.
2 min read
The ₹165.16 crore initial share sale of Advit Jewels is entirely a fresh issuance of 1.19 crore shares, with no offer for sale (OFS) component.
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:
Jivial Industries IPO opening on 2026-06-23,
Shreedhar Spinners IPO opening on 2026-06-23,
Solar91 Cleantech IPO
Other IPO Links
Avience Biomedicals 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