Upcoming SME IPOs in 2025

Upcoming SME IPOs in 2025
Find details about upcoming SME IPOs and stay updated.
sme
+91

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

news logo
iValue Infosolutions share price: The initial share sale, which was entirely an offer for sale of 1.87 crore shares worth ₹560.29 crore, had set a price band of ₹284-₹299 per share.

1 min read

news logo
TruAlt Bioenergy IPO: The ₹839.28 crore initial share sale is a mix of a fresh issuance of shares valued at ₹750 crore as well as an offer for sale of ₹89.28 crore by promoters Dhraksayani Sangamesh Nirani and Sangamesh Rudrappa Nirani.

3 min read

news logo
Jinkushal Industries IPO: The ₹116.15 crore initial share sale is a mix of 86.36 lakh new shares valued at ₹104.54 crore and an offer for sale (OFS) of ₹11.61 crore by promoters Anil Kumar Jain, Abhinav Jain and Sandhya Jain.

3 min read

news logo
Ganesh Consumer Products IPO allotment: The initial share sale was a fresh issue of shares aggregating up to ₹130 crore and an offer-for-sale (OFS) component valued at ₹279 crore by promoter and investor-selling shareholders. It had a price band of ₹306 to ₹322 per share.

3 min read

news logo
Atlanta Electricals IPO allotment: The Gujarat-based company's ₹687.34 crore initial share sale, with a price band of ₹718 to ₹754 per share, comprised a fresh issuance of shares valued at ₹400 crore and an offer for sale (OFS) of ₹287 crore by the promoter and other selling shareholders.

3 min read

news logo
GK Energy IPO allotment: The Pune-based company's ₹464.26 crore initial share sale, with a price band of ₹145 to ₹153 per equity share, was a mix of fresh issuance of shares valued at ₹400 crore and an offer-for-sale (OFS) component of 42 lakh equity shares totalling ₹64.26 crore.

3 min read

news logo
Saatvik Green Energy IPO allotment finalised: The ₹900 crore initial public offering consisted of a fresh issuance of equity shares worth ₹700 crore and an offer for sale of ₹200 crore by promoters Parmod Kumar and Sunila Garg.

3 min read

news logo
Epack Prefab Technologies IPO: The ₹504 crore initial share sale is a mix of fresh issuance of shares valued at ₹300 crore and an offer for sale (OFS) aggregating to ₹204 crore.

3 min read

news logo
Jain Resource Recycling IPO: The initial share sale looks to raise ₹1,250 crore via fresh issuance of shares worth ₹500 crore and an offer for sale of ₹750 crore by promoter Kamlesh Jain and other shareholder Mayank Pareek.

3 min read

news logo
The IPO action has put focus on the unified payments interface (UPI) space, which is currently led by PhonePe. The second spot is taken by Google Pay, followed by Paytm.

4 min read

news logo
Until 2:35 PM, the initial share sale received bids for 29,604,085 shares as compared to 13,767,095 shares on offer, garnering a total subscription of 2.15 times, exchange data showed

3 min read

news logo
Until 1:40 PM, the initial share sale received bids for 10,850,292 shares as compared to 13,363,342 shares on offer, as per exchange data

3 min read

news logo
PhonePe IPO: The digital payments and financial services company is seeking to raise ₹12,000 crore exclusively through an offer for sale (OFS) component, a media report said.

3 min read

news logo
VMS TMT share price: The issue, which had set a price band of ₹94-₹99 per share, was exclusively a fresh issuance of shares aggregating to ₹148.50 crore without an offer for sale (OFS) component.

2 min read

news logo
Until 5 PM, the issue secured bids for 9,38,08,544 shares as against 14,271,970 shares on offer, according to the NSE data.

3 min read

news logo
Till 5 PM, the initial share sale received bids for 54,09,144 shares as compared to 13,363,342 shares on offer, as per exchange data

3 min read

news logo
New IPOs that opened on Tuesday include Solarworld Energy Solutions, Anand Rathi Share and Stock Brokers, Jaro Institute, and Seshaasai Technologies

7 min read

news logo
Purple Style Labs catered for customers from more than 100 countries in FY25 through its online channels and flagship experience centre in the UK. Also, it has built a significant foothold in markets such as the US, the United Kingdom, and the Middle East.

2 min read

news logo
In summary, Ganesh Consumer Products has shown strong topline growth with improved operational efficiency and robust bottom-line growth. Apart from the above key profit and loss metrics, the company’s price-to-earnings ratio post IPO is expected at 36.7x, which is lower than the industry average of 38x.

3 min read

news logo
Jaro Education IPO consists of a fresh issuance of shares aggregating to ₹170 crore and an offer for sale (OFS) of shares worth ₹280 crore by promoter Sanjay Namdeo Salunkhe.

3 min read

news logo
Solarworld Energy Solutions IPO seeks to raise ₹490 crore by offering new shares aggregating to ₹440 crore and an offer for sale (OFS) component of ₹50 crore by the promoter selling shareholder Pioneer Facor IT Infradevelopers Private Limited.

3 min read

news logo
Seshaasai Technologies IPO Day 1: The initial share sale is a combination of a fresh issuance of shares valued at ₹480 crore and an offer for sale (OFS) totalling ₹333.07 crore by promoters Gautam Sampatraj Jain and Pragnyat Pravin Lalwani.

3 min read

news logo
VMS TMT IPO Listing Date: The issue consisted only of new equity shares valued at ₹148.50 crore. There is no offer for sale (OFS) component.

3 min read

news logo
The IPOs that opened on Tuesday include Solarworld Energy Solutions, Seshaasai Technologies, Jaro Institute of Technology Management & Research, Anand Rathi Share & Stock Brokers, BharatRohan Airborne Innovations, Aptus Pharma, NSB BPO, True Colors, Matrix Geo Solutions and Ecoline Exim.

2 min read

news logo
iValue Infosolutions IPO allotment status: The initial share sale, which was entirely an offer for sale of 1.87 crore shares aggregating to ₹560.29 crore, had set a price band of ₹284-₹299 per share.

3 min read


What our users have to say
IPO section is awesome now.
⁠Kazi Bakibillah Twasin
I have been using Upstox for the past three years, and it is the best app for investing. I have secured around 10 to 15 IPOs since last year, starting from Tata Technologies to Vishal Mega Mart.
Shubham Kumbhar
Excellent experience in trading with good chart and a good access to ipo and its status.
Ulhas S

Reasons to invest in upcoming SME IPOs

Investing in upcoming SME IPOs offers several advantages. It’s an opportunity for investors to gain from the growth potential of small and medium enterprises. The SME IPOs also help with portfolio diversification, spreading the investment risk across various sectors. By investing in upcoming SME IPOs the investors get an opportunity to buy shares at a lower price than future market value if the company does well. In addition, SMEs with high growth potential could be undervalued and investing in an IPO helps to reap the benefits from the early-stage expansion of the company.

Who can participate in investing in SME IPOs?

Upcoming SME IPOs offer opportunities for a wide range of investors, from individual retail investors to large institutional participants. Retail investors can explore high-growth opportunities through SME IPO listings, as the lower application size makes it easier for those with modest capital to invest. This allows them to diversify their portfolios and tap into small-cap IPO listings that may have significant growth potential. Domestic institutions, including venture capital funds, mutual funds and portfolio management schemes, are also attracted to SME IPOs. Similarly, foreign investors, including NRIs and foreign venture capital funds, can also invest in SME IPOs.

A step-by-step guide to apply for SME IPOs

Web: You can apply for an IPO on the Upstox website. Go to https://upstox.com/ipo/ and log in with your credentials. From the list of open IPOs, select the IPO you want to apply for and click "Apply." Enter details like the cutoff price, lot size, and UPI ID for the mandate. Approve the UPI mandate on your UPI application. You can track your application status from the My Application tab.

App: Here’s how you can invest in SME IPOs through Upstox app:

  • Open the Upstox app and log in using your 6-digit PIN or Biometrics.
  • From the bottom menu, tap on the More tab and select the IPO option.
  • In the Explore section, check the Show SME IPOs box to see all the available SME IPOs.
  • Browse through the listed SME IPOs and click on Pre-apply now or Apply Now for your desired IPO.
  • Enter the required details like quantity and price, then click on Continue to apply.
  • Provide your UPI ID linked to your bank account and click Continue to apply.
  • Monitor your application status by selecting Timeline or Summary. A message will appear regarding the pending UPI mandate.
  • Open your UPI app and approve the payment mandate.
  • Once the mandate is accepted, track your application under the View Application tab.
  • To see a detailed IPO timeline, check the Timeline section for date-wise updates.

Frequently asked questions

What is the maximum number of lots I can apply for in an SME IPO?

The maximum number of lots you can apply for in an SME IPO depends on the lot size and the maximum bid amount fixed by the company. Each IPO will have a fixed lot size for different categories. There’s no fixed universal cap, the company determines the limits for each category. The investors can bid for at least a single lot size in their respective categories during the subscription of upcoming SME IPOs.

What distinguishes the DRHP from the RHP in the context of SME IPOs?

In the context of SME IPOs, the Draft Red Herring Prospectus (DRHP) is the initial filing with the stock exchanges, offering preliminary details about the company’s operations and the proposed IPO. It’s the first step in the IPO process and the subsequent approval. Any required changes are made before moving to the next stage. The Red Herring Prospectus (RHP) is a more detailed document filed after making changes as per the observations made by the stock exchanges. It includes important information like financial updates, changes in shareholding and final offer size, among others. The RHP is filed closer to the launch of the upcoming SME IPOs.
Other IPO Links
  1. Upcoming IPOs