Closed SME IPOs in India 2026: Past Listings 2026

Closed SME IPOs in 2025

Review details of SME IPOs that have recently closed.

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All Open Upcoming Closed Listed

There are no closed 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

Victory Electric Vehicles IPO: The ₹34.56 crore initial share sale, which is fixed priced at ₹41 per share, is exclusively a fresh issuance of 84,30,000 shares. There is no offer for sale (OFS) component.

3 min read

Yajur Fibres IPO: The company seeks to raise ₹120.41 crore solely via a fresh issuance of 69,20,000 shares. There is no offer for sale (OFS) component.

3 min read

Gabion Technologies IPO: The ₹29.16-crore initial public offering, which will conclude on January 8, is solely a fresh issuance of 36 lakh shares. The price band has been fixed at ₹76 to ₹81 per share.

3 min read

Bharat Coking Coal was the largest coking coal producer in India in the financial year 2024-25 in terms of coking coal production, according to a Crisil report.

4 min read

Modern Diagnostic share price: The ₹36.89 crore initial share sale was a fresh issuance of 40.99 lakh shares aggregating to ₹36.89 crore, with no offer for sale (OFS) component.

2 min read

BCCL IPO: The BCCL listing is the first in a series of planned divestments of Coal India's major subsidiaries and also the first mainboard issue of 2026. BCCL said the proposed IPO is aimed at unlocking value in Coal India's subsidiary.

4 min read

Turtlemint Fintech IPO: The company had filed its preliminary papers via the confidential route in September. It secured the regulator's approval in December to launch an IPO.

2 min read

Modern Diagnostic and Research Centre IPO Listing Date: The initial share sale sought to raise ₹36.89 crore by offering 40.99 lakh new shares, with no offer for sale (OFS) component.

3 min read

Gabion Technologies IPO: The ₹29.16 crore initial share sale, with a price band of ₹76 to ₹81 per share, is exclusively a fresh issuance of 36,00,000 equity shares, with no offer for sale (OFS) component.

3 min read

Bharat Coking Coal IPO: The ₹1,071.11 crore initial share sale is completely an offer for sale of 465,700,000 shares by promoter Coal India.

3 min read

Modern Diagnostic and Research Centre IPO allotment: The initial share sale sought to raise ₹36.89 crore by offering 40,99,200 new shares. There was no offer for sale component.

3 min read

Upcoming IPOs: Bharat Coking Coal Ltd (BCCL), a wholly-owned unit of Coal India, will open its public offer on January 9. The issue, with a price band of ₹21 to ₹23 per share, will conclude on January 13.

3 min read

Hindustan Laboratories IPO: The proposed initial share sale will be a mix of fresh issuance of 5,000,000 equity shares and an offer for sale (OFS) of 9,100,000 shares by promoter Rajesh Vasantray Doshi.

2 min read

IPO Wave Ahead: Fitness equipment maker Jerai Fitness' proposed initial share sale is solely an offer for sale (OFS) of 43.92 lakh shares by promoters Rajesh Ramsukh Rai, Rajesh Ramsukh Rai HUF and Rinku Rajesh Rai, as per the DRHP.

4 min read

Bharat Coking Coal IPO: The ₹1,078.68 crore initial share sale is exclusively an offer for sale (OFS) of 46.57 crore shares by promoter Coal India Ltd (CIL). There is no fresh issue component.

2 min read

Modern Diagnostic and Research Centre IPO: The initial share sale was a fresh issuance of 40,99,200 shares aggregating to ₹36.89 crore, with no offer for sale (OFS) component.

3 min read

E To E Transportation Infrastructure share price: The initial share sale, with a price band of ₹164 to ₹174 per equity share, sought to raise ₹84.22 crore via solely a fresh issuance of 48.40 lakh shares, with no offer for sale component.

2 min read

Upcoming IPOs in January 2026: The initial public offering of artificial intelligence solutions provider Fractal Analytics seeks to raise ₹4,900 crore via a fresh issuance of shares worth ₹1,279.3 crore and an offer for sale (OFS) component of ₹3,620.7 crore.

3 min read

Modern Diagnostic and Research Centre IPO: The ₹36.89 crore offer is only a fresh issuance of 40,99,200 shares. Funds raised would be utilised for funding capital expenditure for the purchase of medical equipment for laboratories and diagnostic centres, working capital requirements, debt clearance and general corporate purposes.

3 min read

According to the preliminary papers, the issue of Bagmane Group-backed Bagmane Prime Office REIT is a combination of a fresh issuance of units aggregating to ₹3,000 crore and an offer for sale component worth ₹1,000 crore.

2 min read

Upcoming IPO: Krishna Buildspace: Krishna Buildspace's proposed initial public offering will be a mix of fresh issuance of 90,00,000 shares and an offer for sale (OFS) component of 9,00,000 shares by promoters Mohanbhai Chanabhai Sorathiya and Jayantibhai Chanabhai Sorathiya.

2 min read

Oyo's parent entity, Prism, is targeting a market debut sometime in 2026, following continued EBITDA positivity in 2025. The proposed IPO values the company in the range of USD 7-8 billion.

2 min read

E To E Transportation Infrastructure IPO allotment: The ₹84.22 crore initial share sale was a fresh issuance of 48.40 lakh shares without an offer for sale (OFS) component. The company will use the fresh issue proceeds for general corporate purposes and working capital requirements.

3 min read

Upcoming IPOs: CNC, laser and digital printing solutions provider Mehta Hitech Industries' initial share sale is only a fresh issuance of 6,200,000 shares, with no offer for sale (OFS) component, according to the DRHP.

3 min read

Modern Diagnostic and Research Centre IPO: The ₹36.89 crore initial share sale, with a price band of ₹85 to ₹90 per share, is a fresh issuance of 40,99,200 shares with no offer for sale (OFS) component.

3 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!