Skip to main content

Upcoming SME IPOs 2026

Upcoming SME IPOs 2026
Find details about upcoming SME IPOs and stay updated.
sme
+91
Date announced

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

news logo
The company, which was established in 1992, now commands a monopoly position in India’s capital market with over a 90% share in the equity and derivatives segment. Alongside this, the company is also engaged in combined trading, clearing, settlement, listing, data, and market information services.

3 min read

news logo
The ₹500 crore SS Retail IPO is a combination of the fresh issuance of 85.08 lakh shares totalling ₹360 crore and an offer for sale of 33.02 lakh shares valued at ₹140 crore.

2 min read

news logo
The company reduced its issue size from the ₹650 crore proposed in its draft papers filed in December 2024.

3 min read

news logo
Until 2:04 PM, the initial share sale of the firm had received bids for 8.93 crore shares as compared to 8.86 crore shares on offer, as per exchange data.

4 min read

news logo
NSE IPO will open for subscription on September 17. The company has a dominant position in the Indian stock market with a near-monopoly in the cash and F&O segment. Here are some key insights about NSE IPO that nobody is talking about

7 min read

news logo
The ₹210 crore Veegaland Developers IPO was a fresh issuance of up to 1.50 crore equity shares, with no offer for sale component.

3 min read

news logo
The ₹500 crore Prasol Chemicals IPO was a mix of a fresh issuance of ₹80 crore and an offer for sale (OFS) of ₹420 crore by promoters and existing shareholders.

3 min read

news logo
The ₹427.89 crore Glass Wall Systems IPO consisted of a fresh issuance of ₹60 crore and an offer for sale (OFS) of ₹367.89 crore by promoters Eshan Jawahar Hemrajani and Jawahar Hariram Hemrajani and investor India Business Excellence Fund IIA.

2 min read

news logo
The ₹1,055.74 crore Kanohar Electricals IPO was a fresh issuance of ₹300 crore and an offer-for-sale component of ₹755.74 crore by promoter K Sons Family Trust.

2 min read

news logo
SS Retail's ₹500 crore initial share sale is a combination of a fresh issue of ₹360 crore and an offer for sale (OFS) component of ₹140 crore.

3 min read

news logo
The IPO market demand could remain resilient despite the global headwinds and subdued headline performance. Upcoming big-ticket IPOs like NSE IPO, Jio IPO will keep the excitement high for IPOs.The gains of the IPOs and the resilient performance is expected to continue, considering the high investor interest and confidence.

4 min read

news logo
Until 5 PM, the initial share sale of the firm had received bids for 15.33 crore shares as compared to 1.13 crore shares on offer, as per exchange data.

4 min read

news logo
NSE IPO: The initial public offering of National Stock Exchange of India Ltd is seeking to raise ₹22,561.57 crore via an offer for sale of 12.64 crore shares.

3 min read

news logo
The IPO of Manipal Payment Services ended with a total subscription of 1.42 times, with bids received for 1.85 crore shares against 1.31 crore shares on offer.

3 min read

news logo
Karamtara Engineering IPO was a mix of fresh issuance of shares totalling ₹675 crore and an offer for sale (OFS) of ₹200 crore by promoters Tanveer Singh and Rajiv Singh. The total issue size was ₹875 crore.

3 min read

news logo
The ₹414 crore Steamhouse India IPO was a combination of a fresh issuance of ₹353 crore and an offer for sale (OFS) of ₹61 crore by promoter Vishal Sanwarprasad Budhia.

3 min read

news logo
The ₹351.03 crore Pranav Constructions IPO was a fresh issuance of equity shares valued at ₹315.60 crore and an offer for sale (OFS) component of ₹35.43 crore by investor BioUrja India Infra.

2 min read

news logo
LCC Projects IPO sought to raise ₹427.14 crore through a fresh issuance of ₹258 crore and an offer for sale of ₹169.14 crore by promoters Arjan Suja Rabari and Laljibhai Arjanbhai Ahir.

3 min read

news logo
The ₹1,255.57 crore Rentomojo IPO was a combination of a fresh issuance of ₹150 crore and an offer for sale (OFS) of ₹1,105.57 crore by the promoter and existing shareholders.

3 min read

news logo
Leading stock exchange, the National Stock Exchange of India (NSE), will launch its public offer on September 17. The issue, with a price band of ₹1,700 to ₹1,785 per share, will end on September 21.

4 min read

news logo
The ₹414-crore IPO of Steamhouse India was subscribed 30.49 times on the final day of bidding. It mobilised bids for 1,147.49 crore shares against 3.76 crore shares on offer.

4 min read

news logo
NSE IPO will open for subscription next week. The company has monetised its infrastructure, technology and ecosystem to create different revenue sources. However, transaction charges (78.6% of total revenue ) continue to remain the highest revenue contributor.

7 min read

news logo
Until 5 PM, the initial share sale of the firm had received bids for 101.52 crore shares approximately as compared to 2.09 crore shares on offer, as per exchange data.

4 min read

news logo
The ₹732.97 crore Asset Reconstruction Company IPO comprises only an offer for sale (OFS) of 5.27 crore shares by promoters Avenue India Resurgence and State Bank of India, and investors Lathe Investment and Federal Bank.

3 min read

news logo
At the newly announced price band of ₹1,700-1,785 per share, the IPO is estimated to raise ₹21,494-22,569 crore.

4 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

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.
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