SME IPO Dashboard

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

All 75 Upcoming 2 Ongoing 1 Closed 2 Listed 70

IPO	₹ Issue Price	Lot Size	GMP	Subscription	Open Date	Close Date	Listing Date
Vivid Electromech IPO NSE	₹528 – ₹555	240	₹0(+0%)	1.1×	Wed, Mar 25 2026	Mon, Mar 30 2026	Mon, Apr 6 2026
Highness Microelectronics IP... BSE	₹114 – ₹120	1,200	₹24(+20%)	193.9×	Tue, Mar 24 2026	Fri, Mar 27 2026	Thu, Apr 2 2026

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.