Current SME IPOs in India 2026: Active Listings 2026

Current SME IPOs in 2026

Invest in SME IPOs currently open for subscription.

+91

+91

All Open Upcoming Closed Listed

CKK Retail Mart IPORetailing, SME

0.0x

subscribed

Open - Close30 Jan - 03 Feb

Issue size₹88.00

Price range₹155 – ₹163

Opens on 30 Jan

Accretion Nutraveda IPOPharmaceuticals & Drugs, SME

0.0x

subscribed

Open - Close28 Jan - 30 Jan

Issue size₹25.00

Price range₹122 – ₹129

Opens on 28 Jan

Kanishk Aluminium India IPOAluminium & Aluminium Products, SME

0.0x

subscribed

Open - Close28 Jan - 30 Jan

Issue size₹29.00

Price range₹73.00 – ₹73.00

Opens on 28 Jan

Msafe Equipments IPOElectric Equipment, SME

0.0x

subscribed

Open - Close28 Jan - 30 Jan

Issue size₹66.00

Price range₹116 – ₹123

Opens on 28 Jan

NFP Sampoorna Foods IPOConsumer Food, SME

0.0x

subscribed

Open - Close04 Feb - 06 Feb

Issue size₹25.00

Price range₹52.00 – ₹55.00

Opens on 04 Feb

Kasturi Metal Composite IPOSteel & Iron Products, SME

1.05x

subscribed

Open - Close27 Jan - 29 Jan

Issue size₹18.00

Price range₹61.00 – ₹64.00

Closes on 29 Jan

Name	Open - Close	Issue size	Price range	Subscription
Kasturi Metal Composite IPOSME, Steel & Iron Products	27 Jan - 29 Jan	₹18Cr	₹61.00 – ₹64.00	1.05x
Accretion Nutraveda IPOSME, Pharmaceuticals & Drugs	28 Jan - 30 Jan	₹25Cr	₹122 – ₹129	---
Kanishk Aluminium India IPOSME, Aluminium & Aluminium Products	28 Jan - 30 Jan	₹29Cr	₹73.00 – ₹73.00	---
Msafe Equipments IPOSME, Electric Equipment	28 Jan - 30 Jan	₹66Cr	₹116 – ₹123	---
CKK Retail Mart IPOSME, Retailing	30 Jan - 03 Feb	₹88Cr	₹155 – ₹163	---
NFP Sampoorna Foods IPOSME, Consumer Food	04 Feb - 06 Feb	₹25Cr	₹52.00 – ₹55.00	---

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

Kasturi Metal Composite IPO: The ₹17.61 crore initial share sale is solely a fresh issuance of 27.52 lakh shares, with no offer for sale component.

3 min read

KRM Ayurveda IPO allotment: The initial share sale consisted only of a fresh issuance of 57.40 lakh shares totalling ₹77.49 crore. There was no offer-for-sale (OFS) component.

3 min read

Upcoming IPOs: Listings scheduled for this week include Shadowfax Technologies, Digilogic Systems, KRM Ayurveda, Hannah Joseph Hospital, and Shayona Engineering.

3 min read

New IPOs Alert: The proposed initial public offering of Kanohar Electricals is a mix of fresh issuance of ₹300 crore and an offer for sale (OFS) of 14,590,000 equity shares by promoter K Sons Family Trust.

2 min read

IPO Season 2026: All 12 companies which filed their preliminary IPO papers with SEBI between June and October obtained their observations between January 19 and 23, the update showed. In regulatory terms, SEBI's observation is equivalent to clearance for launching a public issue.

3 min read

Shadowfax Technologies IPO allotment: The initial share sale, with a price band of ₹118 to ₹124 per equity share, aimed to raise ₹1,907.27 crore via the issuance of new equity shares valued at ₹1,000 crore and an offer for sale (OFS) component of ₹907.27 crore.

3 min read

Digilogic Systems IPO allotment: The ₹81.01 crore issue, with a price band of ₹98 to ₹104 per equity share, was a mix of fresh issuance of shares aggregating to ₹69.68 and an offer for sale (OFS) of ₹11.33 crore by promoter Madhusudhan Varma Jetty.

3 min read

KRM Ayurveda IPO: The initial share sale, with a price band of ₹128 to ₹135 per share, seeks to raise ₹77.49 crore via the issuance of 57.40 lakh new equity shares. There is no offer for sale component.

3 min read

Shadowfax Technologies IPO: The ₹1,907.27 crore initial share sale includes new equity shares worth ₹1,000 crore and an offer for sale (OFS) of ₹907.27 crore by existing investors.

3 min read

Digilogic Systems IPO: The company seeks to raise up to ₹69.68 crore from the fresh issuance of shares and up to ₹11.33 crore from the offer for sale, taking the total issue size to ₹81.01 crore.

2 min read

PhonePe IPO: The proposed initial share sale is exclusively an offer for sale of 5.06 crore shares. There is no fresh issue component, according to the UDRHP.

3 min read

Shadowfax Technologies IPO: The ₹1,907.27 crore issue, with a price band of ₹118 to ₹124 per share, will conclude on January 22. It is a fresh issuance of shares aggregating to ₹11,000 crore and an offer for sale (OFS) component of ₹907.27 crore by existing shareholders.

3 min read

KRM Ayurveda IPO: The ₹77.49 crore initial share sale is solely a fresh issuance of 57.40 lakh equity shares with no offer for sale component.

3 min read

Amagi Media Labs share price: The ₹1,788.62 crore initial share sale consisted of new shares valued at ₹816 crore and an offer for sale (OFS) of shares aggregating to ₹972.62 crore.

2 min read

Upcoming IPO: The proposed issue of EAAA India Alternatives will be solely an offer-for-sale (OFS) by Edelweiss Group, according to the preliminary papers filed on Monday.

2 min read

Jio IPO update: According to analyst estimates, the Jio IPO is expected to be listed at an enterprise valuation in the range of USD 101 billion to USD 180 billion.

3 min read

Digilogic Systems IPO: The ₹81.01 crore initial share sale consists of a fresh issuance of ₹69.68 crore and an offer for sale of ₹11.33 crore by promoter Madhusudhan Varma Jetty.

3 min read

Shadowfax Technologies IPO: The ₹1,907.27 crore book-build issue, with a price band of ₹118 to ₹124 per share, is a mix of fresh issuance of shares valued at ₹1,000 crore and an offer for sale (OFS) of shares aggregating to ₹907.27 crore.

3 min read

PhonePe IPO: The proposed initial share sale will be an offer for sale by existing shareholders. The company will not be raising any additional primary capital in the IPO, PTI reported, citing sources.

2 min read

New IPO Alert: The proposed initial share sale of Advanta Enterprises will be solely an offer-for-sale (OFS) of 3.61 crore shares. There will be no fresh issuance of shares.

2 min read

Amagi Media Labs IPO allotment: The cloud-based software-as-a-service (SaaS) company's ₹1,788.62 crore initial share sale, with a price band of ₹343 to ₹361 per share, consisted of a fresh issuance of shares valued at ₹816 crore and an offer for sale (OFS) of ₹972.62 crore by existing shareholders.

3 min read

Shadowfax Technologies IPO will open for subscription on January 20. The company aims to raise ₹1,907.27 crore through its public issue. It offers third-party logistics (3PL) services by partnering with large enterprises in e-commerce, quick commerce, food delivery, and on-demand mobility.

6 min read

Bharat Coking Coal share price: The ₹1,071.11 crore initial share sale was only an offer for sale (OFS) of 46.57 crore equity shares by promoter Coal India Ltd, with no fresh issuance of shares.

3 min read

Shadowfax Technologies has set a price band of ₹118 to ₹124 per share. The bidding for anchor investors will take place on January 19, while the issue will conclude on January 22.

4 min read

Until 5 PM, the ₹1,788.62 crore issue has secured bids for 82,40,12,260 shares as against 2,72,66,589 shares on offer, according to the NSE data

4 min read

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Which SME IPOs are currently available for subscription?

The IPOs that are available for subscription current are: CKK Retail Mart IPO Closes on 03 Feb 2026,Accretion Nutraveda IPO Closes on 30 Jan 2026,Kanishk Aluminium India IPO Closes on 30 Jan 2026,Msafe Equipments IPO Closes on 30 Jan 2026,NFP Sampoorna Foods IPO Closes on 06 Feb 2026

How does the process of investing in SME IPOs work?

Investing in SME IPOs follows a structured process. First, you need to log in to your trading account on Upstox. Next, browse the active SME IPOs and choose the one you want to invest in. Once you’ve selected the issue, you need to choose the IPO and the lot size you plan to buy, along with your bid price. After completing the application, provide your UPI ID for the payment process. Once the IPO closes, the allotment will be finalised. If you are allotted shares, the amount will be deducted from your account. The stock will be listed on the BSE SME or NSE Emerge platforms, where you can track their performances.

You can also apply for an IPO on the Upstox website by visiting https://upstox.com/ipo/ and logging in. Select an IPO from the Open IPOs list and press apply. Provide details like cutoff price, lot size, and your UPI ID for mandate. Approve the UPI mandate via your UPI app. Track your application status in the My Application tab

Frequently asked questions

How can I find out which SME IPOs are currently open for subscription?

To find out which SME IPOs are currently open for subscription, you can regularly check the Upstox app, and the BSE as well as NSE websites. These sources provide up-to-date listings of open SME IPOs, including subscription dates, issue sizes and bid details. Keep track of SME subscription details to stay informed about SME IPO trends.

What documents are necessary to invest in an SME IPO?

To invest in an SME IPO, you need a few important documents to ensure your eligibility. These include your PAN, which serves as proof of identity, and your Aadhaar card, for KYC (Know Your Customer) verification. You also need a bank account linked to UPI (Unified Payments Interface) for easy fund transfer during the application process. A Demat account is required to hold the shares post-allotment. Make sure that all these documents are valid and updated to avoid any issues during the application process.

What is the process for applying for a current SME IPO through Upstox?

To apply for a current SME IPO through Upstox, first log into your Upstox account and navigate to the IPO section. From there, browse the active SME IPOs and select the IPO you wish to invest in. Enter the number of lots you wish to apply for and specify the price band. Next, enter and link your UPI ID for payment authorisation. After submitting your application, the funds will be blocked in your account until the IPO allotment. Once the process is complete, you can track the allotment status on the platform.

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!