Closed SME IPOs in India 2025: Past Listings 2025

Closed SME IPOs in 2025

Review details of SME IPOs that have recently closed.

+91

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All Open Upcoming Closed Listed

Srigee DLM IPOSME

478.42x

subscribed

Allotment Date08 May 2025

Demat Transfer09 May 2025

Listing Date12 May 2025

Manoj Jewellers IPODiamond & Jewellery, SME

1.0x

subscribed

Allotment Date08 May 2025

Demat Transfer09 May 2025

Listing Date12 May 2025

Name	Allotment Date	Demat Transfer	Listing Date	Subscription
Srigee DLM IPOSME	08 May 2025	09 May 2025	12 May 2025	478.42x
Manoj Jewellers IPOSME, Diamond & Jewellery	08 May 2025	09 May 2025	12 May 2025	1.00x

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 IPO

Ravi Infrabuild Projects IPO is entirely a fresh issue of equity shares with no offer-for-sale (OFS) component, according to the draft red herring prospectus (DRHP) filed on Thursday.

2 min read

Kenrik Industries share price: As the minimum lot size was 6,000 shares, investors who were allotted Kenrik Industries shares made gains of just ₹60 per lot (₹25.01 x 6,000).

2 min read

Srigee DLM IPO allotment finalised: The initial public offering received a whopping 456.80 times subscription as investors applied for 56,18,60,400 shares compared to 12,30,000 shares on offer, according to the BSE data.

2 min read

PropShare Titania comprises a 4,37,973 sq ft of grade A+ office space in G Corp Tech Park located in Mumbai, with ESG certifications. It is fully occupied by a diversified tenant portfolio comprising Fortune 500 companies, MNCs and blue-chip tenants including Aditya Birla Capital and Concentrix.

3 min read

Co-working operator Awfis has already launched its IPO and is listed on the stock exchanges. Smartworks, WeWork India and IndiQube Spaces Ltd have already filed the preliminary documents with the markets regulator SEBI to launch their IPOs.

3 min read

Upcoming IPO: Mouri Tech proposes to raise ₹250 crore through selling new shares, while promoters and a selling shareholder plan to sell stock to the tune of ₹1,250 crore.

2 min read

Simple Energy has set an ambitious target of clocking USD 96 million (₹800 crore) in revenue in FY26 with an aim to cross USD 180 million (₹1,500 crore) in cumulative revenue over the next 18 months.

3 min read

Virtual Galaxy Infotech IPO opens for subscription from May 9 to 14, aiming to raise ₹93.29 crore via SME route. IPO price band is ₹135–₹142 per share with a lot size of 1,000 shares. Net IPO proceeds will be used to open new development facility in Nagpur, IT upgrades, hiring, and debt repayment.

3 min read

Srigee DLM IPO allotment status will be finalised on Thursday, May 8. The finalisation details will be available on BSE and Bigshare Services websites.

2 min read

Arunaya Organics share price: The funds generated from the IPO are intended to be used for establishing a manufacturing facility, funding working capital requirements, and general corporate purposes.

2 min read

Kenrik Industries IPO allotment: The initial share sale was a fresh issue of 34.98 lakh shares aggregating to ₹8.75 crore. There was no offer for sale component. The money raised to the tune of ₹6.56 crore will be utilised for working capital needs, and ₹1.80 crore for corporate general purposes.

2 min read

Upcoming IPOs: These five companies, which filed their preliminary IPO papers with SEBI in December and January, obtained their observations during April 29-30, the data showed.

3 min read

Kenrik Industries IPO allotment will be finalised on Wednesday, May 7. The bid finalisation details will be available on the websites of BSE and Skyline Financial Services.

2 min read

Iware Supplychain Services share price: As the minimum bid size for retail investors was 1,200 shares, allottees suffered a loss of ₹11,940 per lot at the time of listing.

2 min read

Arunaya Organics IPO allotment finalised: The initial public offering was a combination of a fresh issuance of equity shares aggregating to ₹30.51 crore, and an offer-for-sale of ₹3.48 crore.

2 min read

Ather Energy IPO Listing Date: The issue is a fresh issuance of shares valued at ₹2,626.3 crore as well as an offer for sale of ₹354.76 crore. The money raised will be utilised for setting up an electric two-wheeler plant in Maharashtra, research and development, marketing initiatives, debt clearance, and corporate general purposes.

2 min read

Srigee DLM IPO: The price band is set at ₹94 to ₹99 per equity share. Investors can apply for a lot, consisting of 1,200 shares worth ₹1,12,800.

2 min read

Ather Energy IPO allotment status: The bid finalisation details are available on the websites of the National Stock Exchange (NSE), the BSE, and the registrar, MUFG Intime India Pvt Ltd (earlier Link Intime India).

3 min read

Manoj Jewellers IPO is a fresh issuance of 30 lakh equity shares worth ₹16.2 crore. It is a fixed-price issue at ₹54 per share. The company proposes to use the money raised for repayment of certain borrowings and general corporate purposes.

3 min read

Upcoming IPO: Priority Jewels' initial share sale is completely a fresh issue of 54 lakh equity shares with no offer-for-sale (OFS) component, according to the draft red herring prospectus (DRHP) filed on Wednesday.

2 min read

Arunaya Organics IPO allotment status will be finalised on Monday, May 5. The bids finalisation details will be available on the websites of the National Stock Exchange (NSE) and registrar, Bigshare Services Pvt Ltd.

2 min read

Wagons Learning IPO: The ₹38.38 crore initial public offering is a mix of a fresh issuance of shares valued at ₹25.26 crore and an offer-for-sale (OFS) component of ₹13.12 crore.

2 min read

The investors who participated in Ather Energy's IPO are now waiting for the allotment status to be finalised, which is scheduled for Friday, May 2.

2 min read

Tankup Engineers share price: The initial share sale was a fresh issue of 13.95 lakh shares worth ₹19.53 crore. The money raised will be used for working capital requirements, repayment of outstanding borrowings, and general corporate purposes. It had a price band of ₹133 to ₹140 per share.

2 min read

The proposed IPO is entirely an offer-for-sale (OFS) of shares worth ₹2,000 crore by promoter Kapur Family Trust, according to the draft red herring prospectus (DRHP).

2 min read

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What does it mean when an SME IPO is marked as closed?

A closed SME IPO refers to the period between the end of subscription for the initial public offering of a small and medium enterprise (SME) and before its listing on the exchange. The investors can not submit bids for a closed SME IPO. The SMEs launch their public offers to raise capital from the primary markets, which is primarily used for expansion, working capital, or other strategic needs. These SME IPOs open on the BSE SME or the NSE SME platforms for subscription.

How can I verify the allotment status for a closed SME IPO?

Investors can check the allotment status of their IPO by going to https://upstox.com/ipo/, logging in and then going to the My Applications tab. Investors can also check the allotment status for closed SME IPOs on the Upstox app. You can access information about past SME IPOs and monitor the performance of these public offers through SME IPO history. The allotment status for closed SME IPOs can also be checked on the BSE and NSE websites. The investors can also check the share allotment status of a closed SME IPO on the official portal of the issue registrar. Generally, a company finalises the IPO share allotment status a day after the subscription. The successful bidders also get details of their IPO share allotment through e-mail and SMS.

Frequently asked questions

When can I access the allotment status for a closed SME IPO?

You can access the allotment status for a closed SME IPO once the company completes the allotment process, which usually occurs the day following the end of the subscription. The allotment status for the closed SME IPOs can be checked on the websites of the BSE, NSE and the registrar for the particular SME issue.

What steps follow the closure of an SME IPO?

After the closure of an SME IPO, the next steps involve the finalisation of share allotment, processing of refunds and transfer of shares to the Demat accounts and the listing of the stock on the exchange. The company intimates the allotment status details to the bidders after finalising share allocation. Following this, the SME IPO shares get listed on the stock exchange on the scheduled date.

Is it still possible to purchase shares of an SME IPO after it has closed?

No, it is not possible to buy shares of an SME IPO directly after it has closed. The subscription period is a limited timeframe where investors can apply for the IPO. However, after the shares are listed on the exchange, you can buy them in the secondary market. You can track the listing and market performance of these shares, including past SME IPOs, on the BSE, NSE and other online trading platforms, like the Upstox app.

Can I still invest in a closed SME IPO?

Once an SME IPO gets closed, direct investments cannot be made in the public offer. But, you can buy shares of the SME company in the secondary market after the IPO shares are listed on the stock exchange. Keep an eye on recent SME IPO listings through platforms like Upstox to track how shares perform post-listing.

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!