Current SME IPOs in India 2025: Active Listings 2025

Current SME IPOs in 2025

Invest in SME IPOs currently open for subscription.

+91

+91

All Open Upcoming Closed Listed

Neptune Logitek IPOLogistics, SME

0.0x

subscribed

Open - Close15 Dec - 17 Dec

Issue size₹46.00

Price range₹126 – ₹126

Opens on 15 Dec

Stanbik Agro IPOAgriculture, SME

0.05x

subscribed

Open - Close12 Dec - 16 Dec

Issue size₹12.00

Price range₹30.00 – ₹30.00

Closes on 16 Dec

Ashwini Container Movers IPOLogistics, SME

0.13x

subscribed

Open - Close12 Dec - 16 Dec

Issue size₹71.00

Price range₹135 – ₹142

Closes on 16 Dec

Exim Routes IPOPaper & Paper Products, SME

0.36x

subscribed

Open - Close12 Dec - 16 Dec

Issue size₹43.00

Price range₹83.00 – ₹88.00

Closes on 16 Dec

Pajson Agro India IPOAgriculture, SME

2.47x

subscribed

Open - Close11 Dec - 15 Dec

Issue size₹74.00

Price range₹112 – ₹118

Closes on 15 Dec

HRS Aluglaze IPOAluminium & Aluminium Products, SME

1.95x

subscribed

Open - Close11 Dec - 15 Dec

Issue size₹50.00

Price range₹94.00 – ₹96.00

Closes on 15 Dec

Name	Open - Close	Issue size	Price range	Subscription
Pajson Agro India IPOSME, Agriculture	11 Dec - 15 Dec	₹74Cr	₹112 – ₹118	2.47x
HRS Aluglaze IPOSME, Aluminium & Aluminium Products	11 Dec - 15 Dec	₹50Cr	₹94.00 – ₹96.00	1.95x
Stanbik Agro IPOSME, Agriculture	12 Dec - 16 Dec	₹12Cr	₹30.00 – ₹30.00	0.05x
Ashwini Container Movers IPOSME, Logistics	12 Dec - 16 Dec	₹71Cr	₹135 – ₹142	0.13x
Exim Routes IPOSME, Paper & Paper Products	12 Dec - 16 Dec	₹43Cr	₹83.00 – ₹88.00	0.36x
Neptune Logitek IPOSME, Logistics	15 Dec - 17 Dec	₹46Cr	₹126 – ₹126	---

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

Going by the papers filed on Friday, the company plans to use the proceeds to support the growth of Shiprocket's platforms by investing in marketing initiatives and strengthening its technology infrastructure for both its core and emerging businesses.

2 min read

Nephrocare Health Services IPO: The ₹871.05 crore initial share sale is a mix of a fresh issuance of shares worth ₹353.4 crore and an offer for sale (OFS) of ₹517.64 crore.

3 min read

Park Medi World IPO: The ₹920 crore initial share sale is a mix of a fresh issuance of shares aggregating to ₹770 crore and an offer for sale of ₹150 crore by promoter Dr Ajit Gupta.

3 min read

ICICI Prudential AMC IPO: The ₹10,602.65 crore initial share sale is an offer for sale of 48,972,994 equity shares by promoter Prudential Corporation Holdings Ltd. Since there is no fresh issue component, the company will not get any proceeds from the IPO.

3 min read

Upcoming IPOs: The initial public offering of magnet winding wire maker KSH International will be live from December 16 to December 18. It has set a price band of ₹365 to ₹384 per share. A lot consists of 39 shares.

3 min read

Corona Remedies IPO Listing Date: The ₹655.68 crore public offer was only an offer for sale of 0.62 crore shares. As part of the OFS, promoters Dr Kirtikumar Laxmidas Mehta, Minaxi Kirtikumar Mehta, Brinda Ankur Mehta and Dipabahen Niravkumar Mehta are offloading their shares.

3 min read

KSH International IPO: The initial share sale seeks to raise ₹710 crore by offering new shares worth ₹420 crore and an offer for sale (OFS) of ₹290 crore by promoters Kushal Subbayya Hegde, Rajesh Kushal Hegde, Pushpa Kushal Hegde and Rohit Kushal Hegde.

3 min read

Corona Remedies IPO allotment: The book-build issue sought to raise ₹655.37 crore via solely an offer for sale (OFS) of 0.62 crore equity shares. As there was no fresh issue component, the company will not get any proceeds from the IPO.

3 min read

Wakefit Innovations IPO allotment finalised: The ₹1,288.89 crore initial public offering comprised a fresh issue of shares worth ₹377.18 crore and an offer for sale (OFS) component of 4,67,54,405 shares worth ₹911.71 crore.

4 min read

Until 4:15 PM, the issue has received bids for 39,292,280 shares compared to 41,818,182 shares on offer, according to the NSE data.

3 min read

Nephrocare Health Services IPO: The ₹871.05 crore initial share sale is a fresh issuance of shares aggregating to ₹353.4 crore and an offer for sale (OFS) of ₹517.64 crore by promoters and existing shareholders.

3 min read

Alongside external investors, ICICI Bank itself invested ₹2,140 crore to acquire an additional 2% stake in the asset management company

2 min read

If everything goes well for SpaceX, it could be the biggest listing of all time. The largest IPO in history took place in 2019, when petroleum and natural gas giant Saudi Aramco raised $29 billion.

2 min read

KV Toys India IPO allotment: The initial share sale aimed to raise ₹40.15 crore by exclusively a fresh issuance of 16.80 lakh shares with no offer for sale component.

3 min read

Last month, SBI approved the offloading of 32,060,000 equity shares, being equivalent to 6.3007% of the total equity capital of SBIFML through IPO

3 min read

Nephrocare Health Services IPO Day 1: The ₹871.05 crore initial share sale will conclude on December 12. It is a mix of a fresh issue of shares worth ₹353.4 crore and an offer for sale of 1.12 crore shares aggregating to ₹517.6 crore.

3 min read

Park Medi World IPO: The ₹920 crore initial share sale is a combination of a fresh issue of shares aggregating to ₹770 crore and an offer for sale (OFS) of shares totalling ₹150 crore by promoter Dr Ajit Gupta.

3 min read

Corona Remedies IPO: The initial share sale seeks to raise ₹655.37 crore via solely an offer for sale (OFS) of equity shares. There is no fresh issue component.

3 min read

KV Toys India IPO: The ₹40.15 crore initial share sale is only a fresh issuance of 16,80,000 equity shares. The money generated will be utilised for working capital requirements, repayment of certain borrowings and general corporate needs.

3 min read

Wakefit Innovations IPO: The initial share sale, with a price band of ₹185 to ₹195 per share, is a fresh issuance of shares aggregating to ₹377.18 crore and an offer for sale (OFS) of ₹912 crore.

3 min read

The company is India's leading dialysis services provider as of FY25 with a notable global network of 519 clinics, including 51 international clinics across the Philippines, Uzbekistan, and Nepal as of September 30, 2025.

3 min read

Aequs share price: The ₹921.81 crore initial share sale was a fresh issue of equity shares aggregating to ₹670 crore as well as an offer for sale of ₹251.81 crore by promoters and existing investors.

2 min read

The company plans to utilise net proceeds towards funding capital expenditure requirements for setting up new projects in subsidiary ALCU, payment of debt, and for general corporate purposes.

2 min read

Meesho IPO: The ₹5,421.20 crore initial share sale, with a price range of ₹105 to ₹111 per share, was a fresh issue worth ₹4,250 crore and an offer for sale (OFS) of ₹1,171.20 crore.

3 min read

Meesho IPO Listing Date: The ₹5,421.20 crore public offer comprised a fresh issuance of shares aggregating to ₹4,250 crore and an offer for sale of 10.55 crore shares totalling ₹1,171.20 crore.

3 min read

What our users have to say

IPO section is awesome now.

⁠Kazi Bakibillah Twasin

I have been using Upstox for the past three years, and it is the best app for investing. I have secured around 10 to 15 IPOs since last year, starting from Tata Technologies to Vishal Mega Mart.

Shubham Kumbhar

Excellent experience in trading with good chart and a good access to ipo and its status.

Ulhas S

Which SME IPOs are currently available for subscription?

The IPOs that are available for subscription current are: Neptune Logitek IPO Closes on 17 Dec 2025,Stanbik Agro IPO Closes on 16 Dec 2025,Ashwini Container Movers IPO Closes on 16 Dec 2025,Exim Routes IPO Closes on 16 Dec 2025,Pajson Agro India IPO Closes on 15 Dec 2025

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!