SME IPO Dashboard

Search, filter, and explore upcoming, ongoing, and listed SME IPOs on BSE SME and NSE Emerge

SME IPO 2026

An SME IPO is the first-time listing of shares by small and medium enterprises on dedicated BSE SME or NSE Emerge platforms, regulated by SEBI with relaxed eligibility norms compared to Mainboard. Track SME IPO subscription, SME IPO allotment, and SME IPO listing alongside SME IPO GMP and issue details for every SEBI SME IPO in India. SME IPOs are often seen as high risk high reward opportunities.

Key differences from Mainboard: SME IPOs have much larger lot sizes (typically 1,000–3,000 shares vs 10–200 for Mainboard), lower liquidity post-listing, less analyst coverage, and higher minimum application size. They carry higher risk but have produced some of the highest listing gains. Once an SME-listed company meets growth criteria, it can migrate to the Mainboard.

Use this page to track SME IPO GMP, subscription status, allotment, and listing performance across all BSE SME and NSE Emerge IPOs. Filter by platform, exchange, and status to find upcoming, ongoing, and listed SME issues.

SME IPOs require larger minimum investments.

A single lot can range from ₹50,000 to ₹2,00,000+. Always check the SME IPO lot size and calculate your SME IPO minimum investment (lot size × upper price band) before applying.

Total SME IPOs (YTD)
75
Currently open
1
IPOs opening this month
1
Total funds raised YTD
₹ 2,858 Cr
raised in 2026

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IPO
Issue Price
Lot Size Open Date Close Date Listing Date
₹75 – ₹80 1,600 Mon, Apr 6 2026 Wed, Apr 8 2026 Mon, Apr 13 2026
₹93 – ₹98 1,200 Fri, Mar 27 2026 Wed, Apr 8 2026 Mon, Apr 13 2026
₹528 – ₹555 240 Wed, Mar 25 2026 Mon, Mar 30 2026 Mon, Apr 6 2026
₹114 – ₹120 1,200 Tue, Mar 24 2026 Fri, Mar 27 2026 Thu, Apr 2 2026
₹84 – ₹89 1,600 Mon, Mar 23 2026 Wed, Mar 25 2026 Wed, Apr 1 2026
₹117 – ₹124 1,000 Fri, Mar 20 2026 Tue, Mar 24 2026 Mon, Mar 30 2026
₹136 – ₹146 1,000 Tue, Mar 17 2026 Fri, Mar 20 2026 Wed, Mar 25 2026
₹104 – ₹110 1,200 Wed, Mar 11 2026 Fri, Mar 13 2026 Wed, Mar 18 2026
₹91 – ₹98 1,200 Fri, Mar 6 2026 Tue, Mar 10 2026 Fri, Mar 13 2026
₹47 3,000 Thu, Mar 5 2026 Mon, Mar 9 2026 Thu, Mar 12 2026
₹106 – ₹112 1,200 Fri, Feb 27 2026 Wed, Mar 4 2026 Mon, Mar 9 2026
₹71 – ₹72 1,600 Thu, Feb 26 2026 Mon, Mar 2 2026 Fri, Mar 6 2026
₹138 – ₹145 1,000 Wed, Feb 25 2026 Fri, Feb 27 2026 Thu, Mar 5 2026
₹121 – ₹127 1,000 Mon, Feb 23 2026 Wed, Feb 25 2026 Mon, Mar 2 2026
₹43 – ₹46 3,000 Mon, Feb 23 2026 Wed, Feb 25 2026 Mon, Mar 2 2026
Showing 1 to 15 of 75 IPOs

SME listing performance (2026)

Best SME listing gains (2026)

IPO Issue price Listing price Gain %
E to E Transportation Infras... ₹174.00 ₹330.60 +90.00%
Shyam Dhani Industries IPO ₹70.00 ₹133.00 +90.00%
Apsis Aerocom IPO ₹110.00 ₹153.00 +39.09%
Avana Electrosystems IPO ₹59.00 ₹77.50 +31.36%
KRM Ayurveda IPO ₹135.00 ₹172.10 +27.48%

Worst SME listing performers (2026)

IPO Issue price Listing price Gain %
Victory Electric Vehicles IP... ₹45.00 ₹34.45 -23.44%
Manilam Industries India IPO ₹69.00 ₹55.20 -20.00%
Armour Security India Limite... ₹57.00 ₹45.60 -20.00%
Sundrex Oil IPO ₹86.00 ₹68.80 -20.00%
MARC Technocrats IPO ₹93.00 ₹74.40 -20.00%

BSE SME vs NSE Emerge (2026)

BSE SME
45 IPOs
₹ 1,896 Cr raised
NSE Emerge
30 IPOs
₹ 961 Cr raised

60% BSE SME · 40% NSE Emerge

Check IPO allotment status

SME IPOs that are closed and awaiting listing, or listed in the last 30 days.

Frequently asked questions

What is an SME IPO?
An SME IPO is an Initial Public Offering by a Small or Medium Enterprise on dedicated SME platforms — BSE SME or NSE Emerge. These companies have lower revenue and capital requirements compared to Mainboard IPOs and are regulated by SEBI under its SME IPO framework.
What is the difference between BSE SME and NSE Emerge?
Both are dedicated platforms for small company listings. BSE SME is operated by BSE (Bombay Stock Exchange) while NSE Emerge is operated by NSE (National Stock Exchange). Both have similar eligibility requirements but different listing fees, market maker norms, and investor bases.
Why are SME IPO lot sizes so large?
SEBI mandates a minimum application size of ₹1,00,000 for SME IPOs (compared to ₹10,000–15,000 for Mainboard). This is intentional — SME IPOs carry higher risk and SEBI wants to limit participation to investors who can absorb potential losses. The large lot size filters out very small retail investors.
Are SME IPOs riskier than Mainboard IPOs?
Generally yes. SME companies are smaller, have shorter track records, lower liquidity post-listing, and less analyst coverage. However, SME IPOs have also produced some of the highest listing gains in recent years. They carry higher risk and higher potential reward compared to Mainboard IPOs.
Can SME IPO shares migrate to the Mainboard?
Yes. Once an SME-listed company meets SEBI's Mainboard eligibility criteria — including minimum net worth, profitability track record, and paid-up capital — it can migrate to the NSE or BSE Mainboard. This migration often results in increased liquidity and institutional investor interest.
How do I check SME IPO allotment status?
After the SME IPO closes, allotment status can be checked on the BSE or NSE website, or through the IPO registrar (Kfintech or Link Intime) using your PAN number or application number. Allotment is typically finalised within 6 days of the IPO closing date.
What is SME IPO GMP?
GMP (Grey Market Premium) for SME IPOs indicates the unofficial premium at which IPO shares are trading before the official listing. SME IPO GMP can be highly volatile and unreliable due to low trading volumes in the grey market. It should not be used as the primary basis for investment decisions.