Listed SME IPO

Recently Listed SME Issues — How They Debuted — 5 September 2026

This page lists 18 recently listed issues. Of the 18 with a recorded debut price, 9 opened above the issue price, 6 below and 3 level with it. The range ran from Credent Connect N Care at +90% down to Fascinate Textiles at -22.6%.

• Paluck Technologies — SME, listed 4 September 2026. Issued at ₹48, opened at ₹46.8, -2.5% against the issue price.
• Complete Sports & Management — SME, listed 4 September 2026. Issued at ₹135, opened at ₹139, +3% against the issue price.
• Kwick Forensic Solutions — SME, listed 3 September 2026. Issued at ₹90, opened at ₹150, +66.7% against the issue price.
• Sumax Engineering — SME, listed 2 September 2026. Issued at ₹101, opened at ₹111, +9.9% against the issue price.
• Madhur Knit Crafts — SME, listed 1 September 2026. Issued at ₹100, opened at ₹100, 0% against the issue price.
• ABH Healthcare — SME, listed 1 September 2026. Issued at ₹102, opened at ₹99, -2.9% against the issue price.
• Mopshop Distribution — SME, listed 26 August 2026. Issued at ₹138, opened at ₹137, -0.7% against the issue price.
• Dhanwel Hybrid Seeds — SME, listed 26 August 2026. Issued at ₹99, opened at ₹99, 0% against the issue price.
• Fascinate Textiles — SME, listed 24 August 2026. Issued at ₹156, opened at ₹120.8, -22.6% against the issue price.
• Technocrats Plasma — SME, listed 21 August 2026. Issued at ₹132, opened at ₹230, +74.2% against the issue price.
• ENS Enterprises — SME, listed 21 August 2026. Issued at ₹92, opened at ₹96, +4.4% against the issue price.
• Skytech Infinite Platform — SME, listed 21 August 2026. Issued at ₹77, opened at ₹74, -3.9% against the issue price.
• Credent Connect N Care — SME, listed 20 August 2026. Issued at ₹189, opened at ₹359.1, +90% against the issue price.
• Q&T Foods — SME, listed 19 August 2026. Issued at ₹115, opened at ₹115, 0% against the issue price.
• Pramodini Medicare — SME, listed 19 August 2026. Issued at ₹118, opened at ₹120, +1.7% against the issue price.
• Sham Foam — SME, listed 18 August 2026. Issued at ₹130, opened at ₹104, -20% against the issue price.
• Optimystix Entertainment — SME, listed 14 August 2026. Issued at ₹175, opened at ₹180, +2.9% against the issue price.
• LAPL Automotive — SME, listed 13 August 2026. Issued at ₹94, opened at ₹135, +43.6% against the issue price.

The debut figures above compare the issue price with the pre-open call auction price on listing morning — a one-off print, not a running valuation. The current price beside each is the latest traded price on BSE, also measured against the issue price, so the gap between the two columns is what the share has done since listing. Compare listing gains across periods →

Reading SME Listing Performance

SME listing-day numbers look dramatic in both directions, and the reason is structural rather than fundamental: these are small floats on BSE SME and NSE Emerge, where a modest amount of buying or selling moves the price a long way.

• Thin liquidity exaggerates everything. Wider bid-ask spreads and low daily volume mean the listing-day print may not be a price at which you could realistically have transacted in size.
• Exit is harder than entry. The minimum application above Rs 2 lakh gets you in; selling that position into a thin book is the part investors underestimate. Judge an SME listing by whether volume sustained past the first week, not by the opening tick.
• Anchor lock-in still applies. Half the anchor allocation frees up at 30 days and the rest at 90 — on a small float, that supply matters more than it would on the Mainboard.
• Compare like with like. An SME listing gain is not comparable to a Mainboard one. Benchmark it against other SME issues from the same period.

See gains across both segments on our performance page, and compare the last quoted premium against the actual listing price to judge how well grey market sentiment travelled.

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.