SME IPO List 2026: Invest in SME IPOs Online in India

SME IPOs 2026

Explore all SME IPOs and discover potential investments.

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All Open Upcoming Closed Listed

Open IPOs

Happy SteelsSteel & Iron Products, SME

3.71x

subscribed

Open - Close09 Jul - 13 Jul

Issue size₹25.00

Price range₹62.00 – ₹66.00

Closes at 03:50 PM

Devson Catalyst IPOChemicals, SME

34.08x

subscribed

Open - Close09 Jul - 13 Jul

Issue size₹42.00

Price range₹112 – ₹118

Closes at 03:50 PM

Name	Open - Close	Issue size	Price range	Subscription
Happy SteelsSME, Steel & Iron Products	09 Jul - 13 Jul 8 hrs	₹25Cr	₹62.00 – ₹66.00	3.71x
Devson Catalyst IPOSME, Chemicals	09 Jul - 13 Jul 8 hrs	₹42Cr	₹112 – ₹118	34.08x

View more open IPOs

Upcoming IPOs

Date announced

Millworks Technologies IPOEngineering, SME

14 Jul 2026 Opening

Name	Status
Millworks Technologies IPOSME, Engineering	14 Jul 2026 Opening	---

Dates yet to be announced

Sri Priyanka Geo Commex IPOMining & Minerals, SME

DRHP Filed

Twinkle Papers IPOPaper & Paper Products, SME

---

Dhanwel Hybrid Seeds IPOAgriculture, SME

RHP Filed

RHP

Solar91 Cleantech IPOPower Generation/Distribution, SME

---

Name	Status
Dhanwel Hybrid Seeds IPOSME, Agriculture	RHP Filed	RHP
Solar91 Cleantech IPOSME, Power Generation/Distribution	---	---
Sri Priyanka Geo Commex IPOSME, Mining & Minerals	DRHP Filed	DRHP
Twinkle Papers IPOSME, Paper & Paper Products	---	---

View more upcoming IPOs

Closed IPOs

There are no closed sme IPOs at the moment

Listed IPOs

IC Electricals Co.IPOElectric Equipment, SME

Listing Date10 Jul 2026

Today's LTP---

Listing price₹166.00

Listing gains67.68%

Atharva Polyplast IPOPlastic Products, SME

Listing Date07 Jul 2026

Today's LTP---

Listing price₹69.00

Listing gains15.00%

Seemax Resources IPOSME

Listing Date07 Jul 2026

Today's LTP---

Listing price₹112.80

Listing gains-20.00%

Sampark India Logistics IPOLogistics, SME

Listing Date07 Jul 2026

Today's LTP---

Listing price₹89.00

Listing gains5.95%

Kratikal Tech IPOSME

Listing Date07 Jul 2026

Today's LTP---

Listing price₹192.00

Listing gains42.22%

Name	Listing Date	Today's LTP	Listing Price	Listing gains/loss
IC Electricals Co.IPOSME, Electric Equipment	10 Jul 2026	---	₹166.00	67.68%
Atharva Polyplast IPOSME, Plastic Products	07 Jul 2026	---	₹69.00	15.00%
Seemax Resources IPOSME	07 Jul 2026	---	₹112.80	-20.00%
Sampark India Logistics IPOSME, Logistics	07 Jul 2026	---	₹89.00	5.95%
Kratikal Tech IPOSME	07 Jul 2026	---	₹192.00	42.22%

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

The ₹11,692.91 crore initial share sale of SBI Funds Management, which manages SBI Mutual Fund, will open on July 14 and end on July 16. The price range has been set at ₹545 to ₹574 per share.

3 min read

SBI Fund Management IPO, with an issue size of ₹9,813.9 crore will open for subscription on Tuesday, July 14 2026. The company is the largest asset management company (AMC) in India, with a 15.3% share of the Indian mutual fund industry as of March 31, 2026 based on quarterly average assets under management (QAAUM).

7 min read

Cult.fit’s IPO has revived the memories of Talwalkar Better Value Fitness, which got listed in 2010 but later went into bankruptcy proceedings over the misrepresentation of its books of account.

5 min read

SBI Funds Management's IPO is an exclusive offer for sale (OFS) of 20.37 crore equity shares by promoters State Bank of In and Amundi India Holding.

2 min read

The ₹650 crore Kusumgar IPO, with a price band of ₹398 to ₹419 per share, is an offer-for-sale (OFS) of 1.55 crore shares by the promoters, Siddharth Yogesh Kusumgar HUF, Siddharth Yogesh Kusumgar, and Sapna Siddharth Kusumgar.

2 min read

SBI said it has signed agreements dated July 9 to sell 2,88,32,748 equity shares, representing 1.4156% of SBIFM's pre-offer share capital, at ₹574 per share.

4 min read

The category for NIIs fetched 36.64 times of subscription, while the quota for retail individual investors received 9.46 times subscription.

3 min read

The ₹742 crore initial share sale of Laser Power & Infra consists of a fresh issuance of ₹542 crore and an offer for sale of ₹200 crore by promoters Rakhi Goel, Devesh Goel and Deepak Goel.

3 min read

The initial share sale of Alpine Texworld is solely a fresh issuance of 1,20,24,000 shares, with no offer for sale (OFS) component.

2 min read

The initial share sale of SBI Funds Management, which manages SBI Mutual Fund, is solely an offer for sale (OFS) of 20.37 crore shares by promoters State Bank of India and Amundi India Holding. There is no fresh issuance of shares.

2 min read

Knack Packaging shares were listed at a premium on top of the IPO issue price on July 8. Here's how much investors gained per lot on their investment.

3 min read

The fitness and wellness platform Cult.fit filed DRHP with the SEBI for its proposed IPO on Tuesday.

3 min read

NSE's board had approved the proposed IPO on February 6 following the receipt of the SEBI's no-objection certificate.

3 min read

The three-day public issue will conclude on July 13, while the anchor investor portion will open on July 8

2 min read

Knack Packaging IPO consisted of a fresh issue of up to ₹380 crore in shares and an offer-for-sale (OFS) of ₹59.5 crore in equity shares by existing shareholders.

3 min read

Kusumgar IPO, with a price range of ₹112 to ₹118 per share, is a combination of a fresh issuance of ₹39.39 crore and an OFS of ₹2.95 crore by promoters.

3 min read

According to the National Stock Exchange (NSE) data till 5 PM, the issue has received bids for 5,15,74,176 shares against the offered 22,826,516 shares

3 min read

Kalpataru IPO allotment date: The initial share was exclusively a fresh issuance of equity shares aggregating to ₹1,590 crore without an offer for sale component. The funds raised are proposed to be utilised for clearing debt as well as general corporate purposes.

2 min read

Ellenbarrie Industrial Gases IPO: The ₹852.53 crore initial share sale, with a price band of ₹380-₹400 per share, is a fresh issuance valued at ₹400 crore and an offer for sale of ₹452.53 crore. The application size is 37 shares.

2 min read

Ellenbarrie Industrial Gases IPO allotment date: The ₹852.53 crore initial share sale was a fresh issue valued at ₹400 crore as well as an offer-for-sale component of ₹452.53 crore. It had a price range of ₹380-₹400 per share, with a minimum application size of 37 shares.

3 min read

Non-institutional investors led the bidding by subscribing to the portion reserved for them 143.14 times, while the quota for retail investors was booked 53.71 times

2 min read

Globe Civil Projects IPO allotment date: The initial share sale was the complete issuance of 1,67,60,560 shares valued at ₹119 crore. The price band was ₹67 to ₹71 per share, and a lot consisted of a minimum of 211 shares.

2 min read

Globe Civil Projects IPO Listing Date: The initial share sale received bids for 1,00,94,60,714 shares compared to 1,17,32,392 equity shares on offer, translating to an 86.04 times subscription.

2 min read

Sambhv Steel Tubes IPO fully subscribed on Day 2. As of 1:45 pm, the IPO was booked 1.2times, with strong demand from retail and NII segments, QIBs segment subscribed 61%. The company plans to raise ₹540 crore via combination of fresh issue and offer-for-sale.

3 min read

On Friday, as of 5 PM, the ₹540 crore Sambhv Steel Tubes IPO received bids for 1,40,02,38,476 shares compared to 4,92,06,100 shares on offer, leading to an overall subscription of 28.46 times on the third day of bidding.

3 min read

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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: Millworks Technologies IPO opening on 2026-07-14, Sri Priyanka Geo Commex IPO, Twinkle Papers IPO, Dhanwel Hybrid Seeds IPO, Solar91 Cleantech 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!