An SME IPO is a public offering by a small or medium enterprise that lists on a dedicated platform (NSE Emerge or BSE SME) under relaxed eligibility and lighter disclosure norms than the main board. Each issue must also appoint a market maker to provide liquidity after listing.

SME IPOs in India 2026 | NSE Emerge & BSE SME Status & GMP

Q: How is an SME IPO different from a Mainboard IPO?

SME IPOs are smaller, list on NSE Emerge or BSE SME rather than the main board, and carry a much larger minimum application, usually around 1 to 1.5 lakh versus roughly 15,000 for a Mainboard lot. A qualifying SME can later migrate to the main board.

Total SME (2026)

229

Currently Open

IPOs opening this month

Total funds raised (₹ cr) 2026

₹ 9,225 Cr

Raised via SME IPOs in 2026

All SME IPOs

Jump to a status below. Rows are colour-coded so live and upcoming issues stand out, and the platform (NSE Emerge or BSE SME) is shown under each company.

Company	Price band	Lot / min	Issue size	GMP / Listing	Subscription	Dates
Acme India Industries IPO Railways Ongoing BSE SME	₹186–196 per share	600 sh ₹1,17,600	₹122 Cr	+₹30 ▲ 15.3% live GMP	2.87×	30 Sep - 06 Oct
TNA Solutions IPO Other Textile Products Ongoing BSE SME	₹66–70 per share	2,000 sh ₹1,40,000	₹37.95 Cr	+₹10 ▲ 14.3% live GMP	2.36×	30 Sep - 06 Oct
R.K.Fashion Accessories IPO Gems, Jewellery And Watches Ongoing NSE SME	₹77–82 per share	1,600 sh ₹1,31,200	₹35 Cr	₹0 0.0% live GMP	0.10×	05 Oct - 07 Oct
Paramount Syntex IPO Other Textile Products Ongoing BSE SME	₹119–127 per share	1,000 sh ₹1,27,000	₹82 Cr	₹0 0.0% live GMP	1.40×	30 Sep - 06 Oct
Twinkle Papers IPO Packaging & Disposables Upcoming BSE SME	₹64–69 per share	2,000 sh ₹1,38,000	₹28 Cr	₹0 0.0% anticipated	Not open yet	Dates TBA
Sri Priyanka Geo Commex IPO Agro sector Upcoming NSE SME	₹207–212 per share	600 sh ₹1,27,200	₹95 Cr	₹0 0.0% anticipated	Not open yet	Dates TBA
Vans Electroengineerings IPO Heavy Electrical Equipment Closed BSE SME	₹112–118 per share	1,200 sh ₹1,41,600	₹34.26 Cr	+₹70 ▲ 59.3% live GMP	628.73×	Allotment 05 Oct Lists 07 Oct
Black Opal Consultants IPO Residential, Commercial Projects Closed BSE SME	₹185–197 per share	600 sh ₹1,18,200	₹55 Cr	+₹100 ▲ 50.8% live GMP	73.80×	Allotment 05 Oct Lists 07 Oct
EverestIMS Technologies IPO Computers - Software & Consulting Closed BSE SME	₹80–85 per share	1,600 sh ₹1,36,000	₹48 Cr	+₹42 ▲ 49.4% live GMP	98.91×	Allotment 06 Oct Lists 08 Oct
Acme Universal Safezone 9 IPO Footwear Closed BSE SME	₹65–71 per share	1,600 sh ₹1,13,600	₹36 Cr	+₹12 ▲ 16.9% live GMP	23.41×	Allotment 01 Oct Lists 06 Oct
Shivchem Agro IPO Other Agricultural Products Closed BSE SME	₹59–62 per share	2,000 sh ₹1,24,000	₹14 Cr	+₹2 ▲ 3.2% live GMP	2.20×	Allotment 01 Oct Lists 06 Oct
Pind Hospitality IPO Restaurants Closed BSE SME	₹93–99 per share	1,200 sh ₹1,18,800	₹18 Cr	+₹1 ▲ 1.0% live GMP	2.71×	Allotment 01 Oct Lists 06 Oct
Shree TNB Polymers IPO Manufacturing company Closed NSE SME	₹47–52 per share	2,000 sh ₹1,04,000	₹32 Cr	₹0 0.0% live GMP	1.44×	Allotment 06 Oct Lists 08 Oct
Sollfege Smart Electronics IPO E-Retail/ E-Commerce Closed BSE SME	₹55–55 per share	2,000 sh ₹1,10,000	₹22 Cr	₹0 0.0% live GMP	2.01×	Allotment 06 Oct Lists 08 Oct
Eventions IPO Other Consumer Services Closed NSE SME	₹112–118 per share	1,200 sh ₹1,41,600	₹38 Cr	₹0 0.0% live GMP	2.11×	Allotment 06 Oct Lists 08 Oct
SJP Ultrasonic IPO Other Electrical Equipment Closed BSE SME	₹67–67 per share	2,000 sh ₹1,34,000	₹23 Cr	₹0 0.0% live GMP	1.20×	Allotment 06 Oct Lists 08 Oct
Green Asia Impex IPO Other Agricultural Products Closed NSE SME	₹85–90 per share	1,600 sh ₹1,44,000	₹60 Cr	₹0 0.0% live GMP	1.04×	Allotment 05 Oct Lists 07 Oct
Omara Ventures India IPO Gems, Jewellery And Watches Closed BSE SME	₹296–311 per share	400 sh ₹1,24,400	₹41.87 Cr	₹0 0.0% live GMP	0.99×	Allotment 06 Oct Lists 08 Oct
Dove Soft IPO Software Products Closed BSE SME	₹104–111 per share	1,200 sh ₹1,33,200	₹73 Cr	₹0 0.0% live GMP	0.95×	Allotment 06 Oct Lists 08 Oct
Papadmalji Agro Foods IPO Other Food Products Closed NSE SME	₹69–72 per share	1,600 sh ₹1,15,200	₹20 Cr	₹0 0.0% live GMP	2.54×	Allotment 05 Oct Lists 07 Oct
SpectraA Technology Solutions IPO Industrial Products Listed NSE SME	₹118 issue price	1,200 sh ₹1,41,600	₹43 Cr	₹224 ▲ 90.0% vs issue listed	304.06×	Listed on 24 Sep
Farm Peace IPO Other Agricultural Products Listed BSE SME	₹59 issue price	2,000 sh ₹1,18,000	₹32 Cr	₹112 ▲ 90.0% vs issue listed	1.15×	Listed on 08 Sep
Shanti Inorganics IPO Specialty Chemicals Listed NSE SME	₹83 issue price	1,600 sh ₹1,32,800	₹45 Cr	₹158 ▲ 90.0% vs issue listed	142.16×	Listed on 07 Sep
Robokidz Eduventures IPO Education Listed BSE SME	₹106 issue price	1,200 sh ₹1,27,200	₹31.37 Cr	₹201 ▲ 90.0% vs issue listed	832.92×	Listed on 28 Sep
Roopa Screen IPO Trading - Textile Products Listed BSE SME	₹64 issue price	2,000 sh ₹1,28,000	₹19 Cr	₹116 ▲ 80.5% vs issue listed	271.94×	Listed on 01 Oct
Qualiance International IPO Other Textile Products Listed NSE SME	₹127 issue price	1,000 sh ₹1,27,000	₹45 Cr	₹225 ▲ 75.6% vs issue listed	459.22×	Listed on 11 Sep
Kwick Forensic Solutions IPO Forensic Science & Digital Forensics Listed BSE SME	₹90 issue price	1,600 sh ₹1,44,000	₹51 Cr	₹150 ▲ 66.7% vs issue listed	287.16×	Listed on 03 Sep
Ashutosh Fibre IPO Trading - Textile Products Listed NSE SME	₹92 issue price	1,200 sh ₹1,10,400	₹56 Cr	₹140 ▲ 52.2% vs issue listed	133.74×	Listed on 07 Sep
Maharaja & Speedex IPO Houseware Listed BSE SME	₹186 issue price	600 sh ₹1,11,600	₹80 Cr	₹263 ▲ 34.4% vs issue listed	32.41×	Listed on 18 Sep
Amtech Esters IPO Industrial Products Listed BSE SME	₹75 issue price	1,600 sh ₹1,20,000	₹18 Cr	₹100 ▲ 33.3% vs issue listed	25.70×	Listed on 17 Sep
ABH Healthcare IPO Healthcare & Hospital Services Listed NSE SME	₹250 issue price	1,200 sh ₹3,00,000	₹35 Cr	₹300 ▲ 20.0% vs issue listed	1.44×	Listed on 01 Sep
Sai Urja Indo IPO Other Consumer Services Listed BSE SME	₹113 issue price	1,200 sh ₹1,35,600	₹24.51 Cr	₹134 ▲ 18.4% vs issue listed	4.95×	Listed on 05 Oct
Himalaya Nutravedics India IPO Food Products Listed BSE SME	₹106 issue price	1,200 sh ₹1,27,200	₹26 Cr	₹118 ▲ 11.3% vs issue listed	2.31×	Listed on 29 Sep
Sumax Engineering IPO Other Industrial Products Listed NSE SME	₹101 issue price	1,200 sh ₹1,21,200	₹50.71 Cr	₹111 ▲ 9.9% vs issue listed	172.04×	Listed on 02 Sep
FX Multitech IPO Other Consumer Services Listed BSE SME	₹116 issue price	1,200 sh ₹1,39,200	₹45 Cr	₹123 ▲ 6.1% vs issue listed	17.61×	Listed on 28 Sep
Kheria Autocomp IPO Auto Components & Equipments Listed NSE SME	₹101 issue price	1,200 sh ₹1,21,200	₹46 Cr	₹105 ▲ 3.9% vs issue listed	2.47×	Listed on 24 Sep
Phychem Technologies IPO Plastic Polymer Listed BSE SME	₹54 issue price	2,000 sh ₹1,08,000	₹15 Cr	₹56 ▲ 3.7% vs issue listed	20.74×	Listed on 07 Sep
Axiom Gas Engineering IPO LPG/CNG/PNG/LNG Supplier Listed NSE SME	₹53 issue price	2,000 sh ₹1,06,000	₹50 Cr	₹55 ▲ 3.3% vs issue listed	1.39×	Listed on 25 Sep
Complete Sports and Management IPO Other Consumer Services Listed BSE SME	₹135 issue price	1,000 sh ₹1,35,000	₹75 Cr	₹139 ▲ 3.0% vs issue listed	3.44×	Listed on 04 Sep
Vivekanand Cotspin IPO Other Textile Products Listed BSE SME	₹37 issue price	3,000 sh ₹1,11,000	₹22 Cr	₹38 ▲ 2.7% vs issue listed	1.79×	Listed on 28 Sep
Pooja Logistics IPO Logistics Solution Provider Listed NSE SME	₹115 issue price	1,200 sh ₹1,38,000	₹44 Cr	₹118 ▲ 2.6% vs issue listed	3.19×	Listed on 30 Sep
Unitec Fibres IPO Petrochemicals Listed BSE SME	₹88 issue price	1,600 sh ₹1,40,800	₹34.71 Cr	₹90 ▲ 2.3% vs issue listed	3.92×	Listed on 30 Sep
S.K.Offset IPO Packaging Listed BSE SME	₹125 issue price	1,000 sh ₹1,25,000	₹29.56 Cr	₹126 ▲ 0.8% vs issue listed	1.18×	Listed on 30 Sep
Om Galaxy IPO Industrial Products Listed BSE SME	₹90 issue price	1,600 sh ₹1,44,000	₹99.75 Cr	₹90 ▲ 0.2% vs issue listed	2.07×	Listed on 18 Sep
Anand Seamless IPO Iron & Steel Products Listed BSE SME	₹72 issue price	1,600 sh ₹1,15,200	₹26 Cr	₹72 ▲ 0.1% vs issue listed	1.46×	Listed on 29 Sep
Coreintegra Consulting Services IPO BPO/KPO Listed NSE SME	₹78 issue price	160 sh ₹12,480	₹22 Cr	₹78 ▲ 0.1% vs issue listed	1.40×	Listed on 30 Sep
Quanto Agroworld IPO Specialty Chemicals Listed BSE SME	₹67 issue price	2,000 sh ₹1,34,000	₹31 Cr	₹67 ▲ 0.0% vs issue listed	1.22×	Listed on 22 Sep
Madhur Knit Crafts IPO Other Textile Products Listed NSE SME	₹100 issue price	1,200 sh ₹1,20,000	₹53 Cr	₹100 ▲ 0.0% vs issue listed	1.50×	Listed on 01 Sep
Apana Logistics IPO Logistics Solution Provider Listed BSE SME	₹60 issue price	2,000 sh ₹1,20,000	₹34 Cr	₹60 ▲ 0.0% vs issue listed	1.26×	Listed on 15 Sep
Vama Wovenfab IPO Other Industrial Products Listed BSE SME	₹341 issue price	400 sh ₹1,36,400	₹50 Cr	₹341 ▲ 0.0% vs issue listed	2.67×	Listed on 22 Sep
Century Business Media IPO Advertising & Media Agencies Listed BSE SME	₹74 issue price	1,600 sh ₹1,18,400	₹17 Cr	₹74 ▲ 0.0% vs issue listed	57.93×	Listed on 21 Sep
Vinod Texworld IPO Garments & Apparels Listed NSE SME	₹94 issue price	1,200 sh ₹1,12,800	₹43 Cr	₹94 ▲ 0.0% vs issue listed	1.60×	Listed on 17 Sep
Infrax Renewable IPO Civil Construction Listed BSE SME	₹104 issue price	1,200 sh ₹1,24,800	₹38.81 Cr	₹104 ▲ 0.0% vs issue listed	1.65×	Listed on 17 Sep
Raksan Transformers IPO Heavy Electrical Equipment Listed BSE SME	₹273 issue price	400 sh ₹1,09,200	₹150 Cr	₹287 ▲ 0.0% vs issue listed	47.43×	Listed on 18 Sep
Bench Mark Infotech Services IPO IT Enabled Services Listed NSE SME	₹110 issue price	1,200 sh ₹1,32,000	₹42 Cr	₹110 ▲ 0.0% vs issue listed	103.12×	Listed on 05 Oct
Shakti Polytarp IPO Packaging Listed BSE SME	₹59 issue price	2,000 sh ₹1,18,000	₹27 Cr	₹59 ▼ 0.2% vs issue listed	11.87×	Listed on 22 Sep
Liqvd Digital IPO Digital Entertainment Listed BSE SME	₹54 issue price	2,000 sh ₹1,08,000	₹39.14 Cr	₹54 ▼ 0.5% vs issue listed	5.08×	Listed on 30 Sep
Injecto Polymers IPO Packaging Listed BSE SME	₹100 issue price	1,200 sh ₹1,20,000	₹56 Cr	₹99 ▼ 1.0% vs issue listed	1.23×	Listed on 21 Sep
Paluck Technologies IPO IT Enabled Services Listed BSE SME	₹48 issue price	3,000 sh ₹1,44,000	₹33 Cr	₹47 ▼ 2.5% vs issue listed	271.65×	Listed on 04 Sep
Peshwa Wheat IPO Other Agricultural Products Listed BSE SME	₹101 issue price	1,200 sh ₹1,21,200	₹54 Cr	₹95 ▼ 5.9% vs issue listed	2.77×	Listed on 01 Oct
Panchatv Bharat IPO Other Textile Products Listed BSE SME	₹140 issue price	1,000 sh ₹1,40,000	₹25 Cr	₹123 ▼ 7.9% vs issue listed	1.40×	Listed on 18 Sep
Dudani Retail IPO Speciality Retail Listed BSE SME	₹29 issue price	4,000 sh ₹1,16,000	₹11 Cr	₹25 ▼ 13.8% vs issue listed	1.42×	Listed on 05 Oct
Himalayan Solar IPO Power Distribution Listed NSE SME	₹103 issue price	1,200 sh ₹1,23,600	₹68 Cr	₹85 ▼ 17.5% vs issue listed	1.19×	Listed on 05 Oct
Fly-Hi Maritime IPO Tour, Travel Related Services Listed BSE SME	₹102 issue price	1,200 sh ₹1,22,400	₹52.94 Cr	₹82 ▼ 20.0% vs issue listed	2.11×	Listed on 08 Sep

Upcoming Ongoing Closed Listed

Live · updated 05 Oct 2026, 23:48 IST · GMP indicative

SME IPOs in India, how to read this tracker

An SME IPO is a public issue by a small or medium enterprise that lists on a dedicated platform (NSE Emerge or BSE SME) under relaxed eligibility and disclosure norms designed for smaller companies. This page tracks every SME issue in a single colour-coded table so you can see, at a glance, what is open to bid now, opening soon, awaiting allotment, or already listed.

Each row carries a status colour: amber for Upcoming, green for Ongoing (bidding live), grey for Closed (allotment due), and teal for Listed. Use the search box, sector chips and status filters above to narrow the list, then sort by GMP, issue size or subscription.

What each column means

Price band is the per-share range; Lot / min shows the minimum bid quantity and rupee outlay. Note SME lots are large, so the minimum application is typically around ₹1 to ₹1.5 lakh, far higher than a Mainboard lot. GMP (grey market premium) is an indicative, unofficial signal, shown as anticipated before an issue opens and live while it runs. For listed issues this column flips to the actual listing price and the gain or loss versus the issue price. Subscription is how many times the issue has been bid; SME issues often run into the hundreds of times.

Min application (SME)

≈ ₹1 to 1.5 L

Lists on

NSE Emerge · BSE SME

Typical bidding window

3 working days

Issue close to listing

T+3

Related on IPORise

Compare the larger Mainboard IPO segment, browse the full upcoming IPO calendar, or watch live premiums on GMP Live.

Frequently asked questions

What is an SME IPO?

An SME IPO is a public offering by a small or medium enterprise that lists on a dedicated platform (NSE Emerge or BSE SME) under relaxed eligibility, smaller minimum-issue-size and lighter disclosure norms than the main board. Each issue must also appoint a market maker to provide liquidity for the first few years after listing.

How is an SME IPO different from a Mainboard IPO?

SME IPOs are smaller (issue sizes typically in the tens of crores), list on NSE Emerge or BSE SME rather than the main board, and carry a much larger minimum application, usually around ₹1 to ₹1.5 lakh versus roughly ₹15,000 for a Mainboard lot. They suit higher-risk-tolerant investors. A qualifying SME can later migrate to the main board.

Why is the minimum investment so high?

SEBI sets a larger minimum application size for SME issues to keep them oriented towards informed, risk-aware investors. As a result one lot usually costs around ₹1 to ₹1.5 lakh at the upper price band, shown in the Lot / min column for every issue on this page.

Is GMP (grey market premium) reliable?

GMP is an unofficial, indicative figure from the grey market and is not regulated or guaranteed. SME GMPs can be especially volatile given thinner volumes, so never treat it as the sole basis for a decision. We label it anticipated before an issue opens and live while bidding is on. See GMP Live for the latest movements.

How do I apply for an SME IPO?

Apply through your broker or bank UPI or ASBA flow while an issue shows the green Ongoing status. The minimum investment equals one lot at the upper price band (around ₹1 to ₹1.5 lakh) shown in the Lot / min column. Funds are blocked via a UPI mandate and debited only on allotment.