SME IPOs in India
541 sme IPOs: 11 open for bidding, 0 upcoming and 530 closed. In 2026, 150 of 254 listed IPOs opened above the issue price , led by Tempsens Instruments (India) IPO at +111.3%.
Last updated
- IPOs in 2026
- 278
- 98 Mainboard · 180 SME
- Funds raised
- ₹1,24,917 Cr
- Total issue size
- Listed in profit
- 59%
- 150 of 254 listings
- Avg. listing gain
- +12.6%
- Median +2.9%
- Avg. subscription
- 64.48x
- Across all categories
IPO list
| Company | Dates | Price band | Issue size | Subs. | GMP / Listing | Status |
|---|---|---|---|---|---|---|
| Paramount Speciality Forgings IPO SME NSE | Dates TBA | ₹57–59 | ₹32.34 Cr | 73.92x | +40.7% | Listed |
| Osel Devices IPO SME NSE | Dates TBA | ₹155–160 | ₹70.66 Cr | 194.31x | +23.8% | Listed |
| Pelatro IPO SME NSE | Dates TBA | ₹190–200 | ₹55.98 Cr | 22.86x | +37.5% | Listed |
| Envirotech Systems IPO SME NSE | Dates TBA | ₹53–56 | ₹30.24 Cr | 91.88x | +90.0% | Listed |
| Deccan Transcon Leasing IPO SME NSE | Dates TBA | ₹102–108 | ₹65.06 Cr | 103.31x | +7.4% | Listed |
| Popular Foundations IPO SME BSE | Dates TBA | ₹37 | ₹19.87 Cr | 9.27x | 0.0% | Listed |
| Sodhani Academy IPO SME BSE | Dates TBA | ₹40 | ₹6.12 Cr | — | +32.5% | Listed |
| Excellent Wires and Packaging IPO SME NSE | Dates TBA | ₹90 | ₹12.60 Cr | — | -5.6% | Listed |
| Innomet Advanced Materials IPO SME NSE | Dates TBA | ₹100 | ₹34.24 Cr | — | +90.0% | Listed |
| SPP Polimers IPO SME NSE | Dates TBA | ₹59 | ₹24.49 Cr | 39.08x | +6.8% | Listed |
| Aditya Ultra Steel IPO SME NSE | Dates TBA | ₹59–62 | ₹45.88 Cr | — | +12.7% | Listed |
| Shubhshree Biofuels Energy IPO SME NSE | Dates TBA | ₹113–119 | ₹16.56 Cr | — | +58.8% | Listed |
| Share Samadhan IPO SME BSE | Dates TBA | ₹70–74 | ₹24.06 Cr | 14.59x | -1.3% | Listed |
| Gajanand International IPO SME NSE | Dates TBA | ₹36 | ₹20.65 Cr | — | +16.7% | Listed |
| Vision Infra IPO SME NSE | Dates TBA | ₹155–163 | ₹106.21 Cr | — | +25.8% | Listed |
| My Mudra Fincorp IPO SME NSE | Dates TBA | ₹104–110 | ₹33.26 Cr | — | +18.2% | Listed |
| Namo eWaste Management IPO SME NSE | Dates TBA | ₹80–85 | ₹51.20 Cr | — | +90.0% | Listed |
| Mach Conferences and Events IPO SME BSE | Dates TBA | ₹214–225 | ₹125.28 Cr | 196.70x | +33.3% | Listed |
| NatureWings Holidays IPO SME BSE | Dates TBA | ₹74 | ₹7.03 Cr | — | +28.4% | Listed |
| Jeyyam Global Foods IPO SME NSE | Dates TBA | ₹59–61 | ₹81.94 Cr | — | 0.0% | Listed |
| Boss Packaging Solutions IPO SME NSE | Dates TBA | ₹66 | ₹8.41 Cr | — | +25.0% | Listed |
| Travels & Rentals IPO SME BSE | Dates TBA | ₹40 | ₹12.24 Cr | — | +37.5% | Listed |
| Aeron Composite IPO SME NSE | Dates TBA | ₹121–125 | ₹56.10 Cr | — | +20.0% | Listed |
| Jay Bee Laminations IPO SME NSE | Dates TBA | ₹138–146 | ₹88.96 Cr | — | +90.0% | Listed |
| Paramatrix Technologies IPO SME NSE | Dates TBA | ₹110 | ₹33.84 Cr | — | +4.6% | Listed |
GMP / Listing shows the grey market premium (as % of the upper price band) until listing, then the listing-day gain.
IPO activity, last 12 months
347 IPOs opened in the last 12 months. The busiest month was September 2026 with 86 issues.
How 2026 IPOs listed
Listing-day gain for 254 IPOs that listed in 2026. The weakest debut was Shree Ram Twistex IPO at -34.6%.
| Below −10% | 34 | 13% |
|---|---|---|
| −10% to 0 | 36 | 14% |
| 0 to 10% | 93 | 37% |
| 10 to 50% | 65 | 26% |
| Above 50% | 26 | 10% |
Listing gain = listing-day open price vs upper price band.
Browse IPOs by year
IPO list: FAQs
- How many IPOs are listed on IPO Master?
- IPO Master tracks 541 Mainboard and SME IPOs, including 11 open for bidding and 0 upcoming. Each IPO has its own page with price band, lot size, subscription, GMP, allotment and listing details.
- How many IPOs have come in 2026?
- 278 IPOs have opened in 2026 so far (98 Mainboard and 180 SME), raising about ₹1,24,917.03 Cr. Of the 254 that have listed, 150 listed above the issue price.
- What is the difference between Mainboard and SME IPOs?
- Mainboard IPOs list on the main NSE and BSE platforms and allow retail applications from one lot (about ₹15,000). SME IPOs list on NSE Emerge or BSE SME, are smaller issues, and need a minimum application of more than ₹2 lakh for individual investors. SME IPOs tend to be more volatile on listing.
- What do the IPO statuses mean?
- Upcoming IPOs have announced dates but have not opened. Open (ongoing) IPOs are accepting bids. Closed IPOs have finished bidding and are awaiting allotment or listing. Listed IPOs are trading on the exchange.
- How is the listing gain calculated?
- Listing gain is the difference between the listing-day opening price and the upper end of the price band, as a percentage of the upper price band.
IPO details are compiled from offer documents and NSE/BSE data. GMP is an unofficial indicator. For information only; not investment advice.