SME IPO
SME IPO 2026 — upcoming, open & listed
Browse all SME (Small and Medium Enterprises) IPO in India for 2026. SME IPO are listed on BSE SME or NSE Emerge platforms with smaller issue sizes. Track GMP, subscription status, and key dates for all SME issues.
| Company | Price Band | Open | Close | Listing | GMP | Sub |
|---|---|---|---|---|---|---|
|
Upcoming SME
Aug 27 – Aug 31
|
— | Aug 27 | Aug 31 | Sept 03 | +15 | — |
|
Upcoming SME
₹95–101
· Aug 25 – Aug 28
|
₹95 – 101 | Aug 25 | Aug 28 | Sept 02 | +32 (+31.7%) | — |
|
Upcoming SME
₹95–100
· Aug 24 – Aug 27
|
₹95 – 100 | Aug 24 | Aug 27 | Sept 01 | — | — |
|
Upcoming SME
₹96–102
· Aug 24 – Aug 26
|
₹96 – 102 | Aug 24 | Aug 26 | Aug 31 | — | — |
|
Open SME Closing in --:--:--
₹138
· Aug 19 – Aug 21
|
₹138 | Aug 19 | Aug 21 | Aug 26 | +1 (+0.7%) | 1.13x |
|
Open SME Closing in --:--:--
₹95–99
· Aug 19 – Aug 21
|
₹95 – 99 | Aug 19 | Aug 21 | Aug 26 | +5 (+5.1%) | 0.75x |
|
Listed SME
₹125–132
· Aug 14 – Aug 18
|
₹125 – 132 | Aug 14 | Aug 18 | Aug 21 | +70 (+53.0%) | 203.39x |
|
Listed SME
₹87–92
· Aug 14 – Aug 18
|
₹87 – 92 | Aug 14 | Aug 18 | Aug 21 | +5 (+5.4%) | 13.16x |
|
Listed SME
₹73–77
· Aug 14 – Aug 18
|
₹73 – 77 | Aug 14 | Aug 18 | Aug 21 | +1 (+1.3%) | 2.09x |
|
Listed SME
₹179–189
· Aug 13 – Aug 17
|
₹179 – 189 | Aug 13 | Aug 17 | Aug 20 | +85 (+45.0%) | 153.21x |
|
Listed SME
₹115
· Aug 12 – Aug 14
|
₹115 | Aug 12 | Aug 14 | Aug 19 | +1 (+0.9%) | 1.47x |
|
Listed SME
₹110–118
· Aug 12 – Aug 14
|
₹110 – 118 | Aug 12 | Aug 14 | Aug 19 | — | 3.95x |
|
Closed Allotment Out SME
₹148–156
· Aug 11 – Aug 19
|
₹148 – 156 | Aug 11 | Aug 19 | Aug 24 | — | 1.14x |
|
Listed SME
₹130
· Aug 11 – Aug 13
|
₹130 | Aug 11 | Aug 13 | Aug 18 | +4 (+3.1%) | 2.44x |
|
Listed SME
₹166–175
· Aug 07 – Aug 11
|
₹166 – 175 | Aug 07 | Aug 11 | Aug 14 | +5 (+2.9%) | 2.21x |
|
Listed SME
₹88–94
· Aug 06 – Aug 10
|
₹88 – 94 | Aug 06 | Aug 10 | Aug 13 | +49 (+52.1%) | 344.39x |
|
Listed SME
₹100–105
· Aug 04 – Aug 06
|
₹100 – 105 | Aug 04 | Aug 06 | Aug 11 | +12 (+11.4%) | 30.06x |
|
Listed SME
₹257–270
· Aug 03 – Aug 05
|
₹257 – 270 | Aug 03 | Aug 05 | Aug 10 | +58 (+21.5%) | 149.18x |
What Makes SME IPOs Different
SME IPOs list on BSE SME or NSE Emerge platforms — separate venues from the BSE/NSE main exchanges. Key differences from Mainboard:
- Higher minimum application — SEBI's July 2025 norms set the SME minimum at two lots valued over Rs 2 lakh (vs around Rs 14,000–15,000 for Mainboard). This deliberately limits smaller-ticket participation in higher-risk SME issues.
- Smaller issue sizes — post-issue paid-up capital must be between Rs 1 crore and Rs 25 crore. If it exceeds Rs 25 crore, the company must migrate to Mainboard.
- Easier eligibility — minimum EBITDA of Rs 1 crore in 2 of last 3 financial years + 3-year functional track record. Mainboard requires net tangible assets ≥ Rs 3 crore in each of last 3 years and average operating profit ≥ Rs 15 crore in 3 of 5 years.
- OFS capped at 20% of total issue size — fresh capital must dominate. Mainboard has no specific OFS cap.
- Lower post-listing liquidity — fewer market participants, wider bid-ask spreads. Price swings are sharper in both directions.
SME IPOs can deliver outsized listing gains in bull phases (50–100%+ is common for hot issues) but also list at meaningful discounts during corrections. Use them as a satellite allocation in your portfolio, not the core. Always check if reputed anchor investors participated — for SME, that signal is worth even more than for Mainboard.
IPO investing carries risk of capital loss, allotment is not guaranteed, and grey market premium is an unofficial signal rather than a prediction. Nothing here is investment advice — read the offer document and consult a SEBI-registered adviser before committing capital.
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