Current SME IPOs in India 2026: Active Listings 2026

Current SME IPOs in 2026

Invest in SME IPOs currently open for subscription.

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All Open Upcoming Closed Listed

There are no open sme IPOs at the moment

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

Upcoming IPOs next week: The ₹1,340 crore IPO of Citius TransNet Investment Trust, which is managed by EAAA TransInfra Managers, will go live on April 17.

2 min read

Om Power Transmission IPO: The ₹150.06 crore initial public offering consists of fresh issuance of shares amounting to ₹132.56 crore and an offer-for-sale (OFS) component of ₹17.50 crore.

3 min read

Safety Controls & Devices IPO allotment: The ₹48 crore initial public offering was only a fresh issuance of 60,00,000 shares, without an offer for sale (OFS) component.

3 min read

Emiac Technologies IPO allotment: The ₹31.75 crore initial public offer was exclusively a fresh issuance of 32.40 lakh shares, with no offer-for-sale component. It had set a price band of ₹93 to ₹98 per share.

3 min read

Om Power Transmission IPO: The initial share sale seeks to raise ₹150.06 crore by offering new shares valued at ₹132.56 crore and an offer for sale (OFS) of ₹17.50 crore by promoters Kalpesh Dhanjibhai Patel, Kanubhai Patel and Vasantkumar Narayanbhai Patel.

3 min read

Om Power Transmission IPO: The ₹150.06 crore issue is a mix of a fresh issue of shares valued at ₹132.56 crore and an offer for sale of 17.50 crore by promoters Kanubhai Patel, Vasantkumar Narayanbhai Patel and Kalpesh Dhanjibhai Patel.

3 min read

Safety Controls & Devices IPO: The ₹48 crore initial share sale is solely a fresh issuance of 60 lakh shares, with no offer for sale (OFS) component.

2 min read

Emiac Technologies IPO: The ₹31.75 crore initial share sale, with a price band of ₹93 to ₹98 per share, is solely a fresh issuance of 32,40,000 shares.

2 min read

The move is expected to benefit several companies that had deferred or recalibrated their public issue plans due to volatile market conditions

3 min read

Om Power Transmission IPO is a mix of fresh issuance of shares worth ₹132.56 crore and an offer-for-sale (OFS) component of ₹17.50 crore.

3 min read

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

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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!