Closed SME IPOs in 2025

Closed SME IPOs in 2025
Review details of SME IPOs that have recently closed.
sme
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Allotment Date18 Dec 2025
Demat Transfer19 Dec 2025
Listing Date22 Dec 2025
Allotment Date17 Dec 2025
Demat Transfer18 Dec 2025
Listing Date19 Dec 2025
Allotment Date17 Dec 2025
Demat Transfer18 Dec 2025
Listing Date19 Dec 2025
Allotment Date17 Dec 2025
Demat Transfer18 Dec 2025
Listing Date19 Dec 2025

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

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The IPO with the highest return in the year 2025 came from the SME segment. In this article, we take a look at the top-performing initial public offerings from the SME and mainboard segments.

3 min read

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KSH International IPO, with a price band of ₹365 to ₹384 per share, is a fresh issuance of equity shares totalling ₹420 crore and an offer for sale (OFS) of shares worth ₹290 crore, taking the total issue size to ₹710 crore.

3 min read

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ICICI Prudential AMC IPO Listing Date: The ₹10,602.65 crore book-build issue was exclusively an offer for sale (OFS) of 4.90 crore shares without a fresh issue component.

3 min read

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Flipkart IPO: NCLT has sanctioned the Scheme of Amalgamation involving eight Singapore-incorporated transferor companies merging into Flipkart Internet Private Limited, the Bengaluru-based operational arm.

3 min read

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The Securities and Exchange Board of India (SEBI) approved an early-stage abridged prospectus at the draft red herring prospectus (DRHP) stage to encourage participation by retail investors.

3 min read

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IPOs in India: Pandey told reporters that the offer-for-sale (OFS) component accounted for 51% of the money raised in initial public offerings (IPOs) in April–October 2024, which has gone up to 57% this year.

2 min read

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ICICI Prudential AMC IPO allotment: The ₹10,602.65 crore initial public offering, with a price range of ₹2,061 to ₹2,165 per share, was only an offer for sale (OFS) of 4.90 crore shares by promoter Prudential Corporation Holdings.

3 min read

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The standout offerings in 2025 include Tata Capital's mega ₹15,511.87 crore IPO and HDB Financial Services' ₹12,500 crore share sale. LG Electronics India also raised ₹11,607.01 crore from the primary market.

3 min read

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The ₹130 crore initial share sale of Highway Infrastructure, an infrastructure development and management company, was the most subscribed IPO of 2025, with a 300.61 times subscription.

3 min read

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KSH International IPO is a mix of a fresh issue of shares aggregating to ₹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

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Park Medi World share price: The ₹920 crore initial share sale was a mix of new equity shares worth ₹770 crore and an offer for sale (OFS) component of ₹150 crore by promoter Ajit Gupta.

2 min read

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Nephrocare Health share price: The IPO sought to raise ₹871.05 crore by offering new equity shares aggregating to ₹353.40 crore and an offer for sale (OFS) component of ₹517.64 crore.

2 min read

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HRS Aluglaze IPO allotment finalised: The ₹50.92 crore initial share sale was a fresh issuance of 53,04,000 shares without an offer for sale (OFS) component.

3 min read

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Upcoming IPOs: These seven companies approached SEBI between May and September and obtained its observations during December 8-12, the update showed.

3 min read

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KSH International IPO: The ₹710 crore initial share sale is a fresh issuance of shares aggregating to ₹420 crore and an offer for sale of ₹290 crore by promoters Kushal Subbayya Hegde, Pushpa Kushal Hegde, Rohit Kushal Hegde and Rajesh Kushal Hegde.

3 min read

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ICICI Prudential AMC IPO: The ₹10,602.65 crore initial share sale is exclusively an offer for sale (OFS) of 4.90 crore shares by promoter Prudential Corporation Holdings.

3 min read

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Park Medi World's ₹920 crore initial public offering, with a price band of ₹154 to ₹162 per share, was a mix of a fresh issue of ₹770 crore and an offer for sale (OFS) of shares worth ₹150 crore by promoter Ajit Gupta.

3 min read

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Park Medi World IPO allotment: The ₹920 crore initial share sale, with a price band of ₹154 to ₹162 per share, was a combination of a fresh issuance of ₹770 crore and an offer for sale of shares aggregating to ₹150 crore by promoter Ajit Gupta.

3 min read

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Tata Capital's ₹15,511.87 crore IPO consisted of a fresh issuance of 21 crore shares aggregating to ₹6,846 crore and an offer for sale (OFS) valued at ₹8,665.87 crore. The stock is trading 0.21% lower against the issue price of ₹326.

4 min read

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Gujarat Kidney and Super Speciality IPO: The ₹250.8 crore initial share sale is exclusively a fresh issuance of 2,20,00,00 shares without an offer for sale (OFS) component.

3 min read

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Nephrocare Health Services IPO allotment: The ₹871.05 crore initial share sale was a mix of new equity shares valued at ₹353.40 crore and an offer for sale of ₹517.64 crore by promoters and existing investors.

3 min read

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ICICI Prudential AMC IPO: The mutual fund house has set a price band of ₹2,061 to ₹2,165 per share for the issue, valuing the company at about ₹1.07 lakh crore. Investors can apply for a minimum of one lot, consisting of six shares.

3 min read

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Corona Remedies share price: The initial public offer sought to raise ₹655.68 crore via solely an offer for sale (OFS) of 0.62 crore shares by promoters Dr Kirtikumar Laxmidas Mehta, Minaxi Kirtikumar Mehta, Dipabahen Niravkumar Mehta Brinda Ankur Mehta and existing investors Anchor Partners, Sepia Investments and Sage Investment Trust.

2 min read

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Wakefit Innovations share price: The initial share sale aimed to raise ₹1,288.89 crore by offering new shares valued at ₹377.18 crore and an offer for sale, or OFS, of 4,67,54,405 shares worth ₹911.71 crore.

3 min read

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

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.
Other IPO Links
  1. Closed IPOs