SME  ·  Main Board  ·  DRHP

SME IPO 2026: Latest Upcoming, Ongoing & Closed SME IPO List, GMP & Reviews

SME IPOs have become one of the most exciting segments in the Indian stock market, offering investors opportunities for high returns along with higher risk. Unlike mainboard IPOs, SME IPOs are launched by smaller companies and listed on platforms like NSE Emerge and BSE SME.

Upcoming
Open
Closed
SME IPO

Current & Upcoming SME IPO List

Track all SME IPOs categorized into upcoming, open, and closed issues to stay updated with real-time opportunities.

SME IPO — 2026
Company Open Date Close Date Status
Simca Advertising 8 May 12 May Upcoming
Recode Studios Apply Now 5 May 7 May Open
Value 360 Communications Closing Today Apply Now 4 May 6 May Open
Amba Auto Sales & Services 27 Apr 29 Apr Closed
Adisoft Technologies 23 Apr 27 Apr Closed
Leapfrog Engineering Services 23 Apr 27 Apr Closed
Mehul Telecom 17 Apr 21 Apr Closed
Safety Controls 6 Apr 8 Apr Closed
Emiac Technologies 27 Mar 8 Apr Closed
Vivid Electromech 25 Mar 30 Mar Closed
Highness Microelectronics 24 Mar 27 Mar Closed
SME-IPO Prospectus

DRHP & RHP Documents

The DRHP (Draft Red Herring Prospectus) and RHP (Red Herring Prospectus) provide detailed financial and business insights about each SME IPO.

What is SME IPO?

An SME IPO (Small and Medium Enterprise IPO) is when a small company raises funds by offering shares to the public for the first time. These IPOs are listed on dedicated platforms like NSE Emerge and BSE SME, designed specifically for smaller businesses.

Unlike traditional IPOs, SME IPOs have:

Think of SME IPOs as early-stage growth opportunities with bigger upside—but sharper swings.

SME IPO vs MAINBOARD IPO

Feature SME IPO Mainboard IPO
Issue Size Small Large
Risk High Moderate
Lot Size Large Small
Listing NSE SME / BSE SME NSE / BSE
Liquidity Low High

HOW SME IPO WORKS

1

Company files DRHP with SEBI

2

Gets IPO approval and announces IPO dates

3

Investors apply via broker / ASBA

4

Shares allotted via lottery system

5

Listing on NSE SME / BSE SME

WHY SME IPOs ARE POPULAR

SME IPOs can be high risk due to low liquidity and volatility. Always research before investing.

Check Live SME IPO GMP, Subscription & Latest Upcoming IPOs Now

Stay ahead of the market with real-time updates and expert analysis.



Frequently Asked Questions

An SME IPO is when small and medium-sized companies raise funds by offering shares to the public and get listed on SME platforms like NSE Emerge or BSE SME.

SME IPOs are riskier than mainboard IPOs due to low liquidity and volatility, but they can offer high returns.

GMP (Grey Market Premium) indicates unofficial demand for an IPO before listing.

Any retail investor with a Demat account can apply, but minimum investment is usually higher.

Typically ranges from ₹1 lakh to ₹2 lakh due to larger lot sizes.

SME IPOs are listed on NSE SME (Emerge) and BSE SME platforms.

You can apply using UPI via broker apps, Net banking (ASBA), or trading platforms.

You can check SME IPO GMP on trusted financial platforms that provide real-time grey market updates.

The best SME IPO depends on fundamentals, GMP trend, and subscription demand.
Explore More FAQs
Click here for a Chance to Learn Free Technical Analysis
Subscribe on
YouTube
Follow us on
Instagram
Follow Us on
Twitter
Like Us on
Facebook