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Closed SME IPOs 2026

Closed SME IPOs 2026
Review details of SME IPOs that have recently closed.
sme
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Allotment Date21 Oct 2026
Demat Transfer22 Oct 2026
Listing Date23 Oct 2026
Allotment Date19 Oct 2026
Demat Transfer21 Oct 2026
Listing Date22 Oct 2026
Allotment Date16 Oct 2026
Demat Transfer19 Oct 2026
Listing Date21 Oct 2026

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

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BLS Polymers IPO is exclusively a fresh issuance of 1.70 crore shares, with no offer for sale (OFS) component, according to the red herring prospectus.

2 min read

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Jio Platforms is seeking to raise about ₹30,213 crore through an initial public offering scheduled to open for public subscription on October 21 and close on October 23.

3 min read

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The ₹475.48 crore Sahajanand Medical Technologies IPO is entirely an offer for sale (OFS) of up to 1.38 crore equity shares by existing shareholders, with no fresh issue component.

2 min read

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The ₹5,012.33 crore Zetwerk Manufacturing IPO consists of a fresh issuance of shares worth ₹2,830 crore and an offer for sale (OFS) component of 14.45 crore shares totalling ₹2,182.33 crore by existing shareholders.

3 min read

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The ₹852.18 crore Bonfiglioli Transmissions IPO is solely an offer for sale (OFS) of up to 4.32 crore shares by promoter Bonfiglioli S.p.A., with no fresh issue component.

2 min read

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The ₹852.18 crore Tonbo Imaging India IPO, with a price band of ₹665 to ₹700 per share, is an offer for sale (OFS) component of 1.22 crore shares by promoters and existing shareholders. There is no fresh issue component.

2 min read

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The ₹702 crore Fusion CX IPO was a mix of a fresh issuance of 1.73 crore equity shares valued at ₹500 crore and an offer for sale (OFS) of 69.90 lakh shares worth ₹202 crore by promoters PNS Business and Rasish Consultants.

3 min read

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The proposed Hunger Pangs IPO is a combination of a fresh issuance of equity shares valued at ₹150 crore and an offer for sale (OFS) component of 27,929,760 shares by existing shareholders.

2 min read

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Until 5 PM, the initial share sale of the company has received bids for 3,00,27,100 shares as compared to 3,02,82,330 shares on offer, as per exchange data.

3 min read

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Shares of Jio Platforms and Paras Healthcare Ltd will be listed on the National Stock Exchange (NSE) and the BSE (formerly Bombay Stock Exchange).

3 min read

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Until 5 PM, the initial share sale of the company has received bids for 80,37,775 shares as compared to 97,50,482 shares on offer, as per exchange data.

3 min read

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Fusion CX IPO comprises a fresh issuance of shares aggregating to ₹500 crore and an offer for sale (OFS) of ₹202 crore by existing shareholders PNS Business and Rasish Consultants.

3 min read

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Until 5 PM, the initial share sale of the firm had received bids for 6.63 crore shares, as per exchange data.

3 min read

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The ₹712.13 crore HD Fire Protect IPO was an offer for sale component of 2.63 crore shares by promoters Kusum Harish Dharamshi and Harish Narshi Dharamshi.

3 min read

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Jio Platforms IPO has reserved around 12% of total issue or ₹2,500 crore for eligible Reliance Industries shareholders. Investors who held even one share of Reliance Industries on or before October 14, 2026 are eligible to apply under this category.

6 min read

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On overseas expansion, Ambani said Jio would offer its in-house network technology to foreign operators as a managed-service partner, not by selling hardware or software licences, and without heavy capital spending.

5 min read

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The ₹5,012.33 crore Zetwerk Manufacturing Business IPO comprises a fresh issue of shares valued at ₹2,830 crore and an offer for sale (OFS) of 14.45 crore shares, valued at ₹2,182.33 crore.

3 min read

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Until 5 PM, the initial share sale of the firm had received bids for 3.40 crore shares as compared to 85,26,033 shares on offer, as per exchange data.

3 min read

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The proposals seek to strengthen the SME IPO framework, improving investor protection and aligning key regulatory requirements with those applicable to main-board issues, SEBI said.

6 min read

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The Bonfiglioli Transmissions IPO is solely an offer for sale of 4.32 crore shares by the promoter, Bonfiglioli S.p.A., with no fresh-issue component.

3 min read

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The ₹712.13 crore HD Fire Protect IPO consists entirely of an offer for sale of 2.63 crore shares by promoters Harish Narshi Dharamshi and Kusum Harish Dharamshi.

2 min read

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Jio Platforms filed the red herring prospectus (RHP) with the Registrar of Companies, Gujarat, at Ahmedabad, for the IPO on October 14.

3 min read

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HD Fire Protect IPO, with a price band of ₹258 to ₹271 per share, is solely an offer for sale (OFS) of 2.63 crore shares by promoters Harish Narshi Dharamshi and Kusum Harish Dharamshi.

2 min read

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The ₹116.05 crore Ravita Engineering Services IPO is exclusively a fresh issuance of 1.04 crore shares. There is no offer for sale (OFS) component.

2 min read

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The ₹702 crore Fusion CX IPO is a mix of fresh issuance of shares totalling ₹500 crore and an offer for sale (OFS) of ₹202 crore by promoters Rasish Consultants and PNS Business.

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

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.
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.
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.
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