SME IPO
Open IPOs
11
Upcoming IPOs
33
Closed IPOs
131
IPOs listed in gains
79
IPOs listed in loss
38
| Company | Closing date | Overall subscription | |
|---|---|---|---|
| -- | |||
| -- | |||
| -- | |||
| 0.61x | |||
| 53.61x | |||
| 0.95x | |||
| -- | |||
| -- | |||
| -- | |||
| -- |
| Company | Opening date | |
|---|---|---|
| To be announced | ||
| To be announced | IPO Doc | |
| To be announced | ||
| To be announced | ||
| To be announced |
| Company Name | Type | Open Date | Close Date | Listing Date | Issue Price | Listing Price | Overall subscription | Performance | Allotment Status |
|---|---|---|---|---|---|---|---|---|---|
K K Silk Mills | SME | 26 Nov 2025 | 28 Nov 2025 | 03 Dec 2025 | ₹38.00 | -- | 5.25x | -- | Check |
Mother Nutri Foods | SME | 26 Nov 2025 | 28 Nov 2025 | 03 Dec 2025 | ₹117.00 | -- | 13.47x | -- | Check |
SSMD Agrotech | SME | 25 Nov 2025 | 27 Nov 2025 | 02 Dec 2025 | ₹121.00 | -- | 1.64x | -- | Check |
Sudeep Pharma | Mainboard | 21 Nov 2025 | 25 Nov 2025 | 28 Nov 2025 | ₹593.00 | ₹730.00 | 93.32x | +23.10% | Check |
Excelsoft Technologies | Mainboard | 19 Nov 2025 | 21 Nov 2025 | 26 Nov 2025 | ₹120.00 | ₹135.00 | 42.83x | +12.50% | Check |
About SME IPOs
What is an SME IPO?
An SME IPO is an Initial Public Offering (IPO) issued by the small and medium enterprises (SMEs) aiming to raise capital by selling its shares to the public. It help these companies to raise funds to fuel growth, expansion, meet working capital requirements, or repay debt.
SME IPOs are listed on a separate, dedicated SME exchange platform like NSE Emerge or BSE SME. After the IPO, the company's shares can be bought and sold by the general public on the exchange, turning it into a public company.
Key Characteristics of SME IPO
- Smaller Issue Size: SME IPOs are launched by small and medium enterprises with a post-issue paid-up capital of less than ₹10 crore.
- Listed on SME Platforms: Shares from SME IPOs are listed and traded on dedicated SME exchanges such as NSE Emerge and BSE SME, which are designed to support smaller businesses entering the capital markets.
- Simplified Compliance Norms: SME IPOs follow relaxed SEBI and exchange guidelines compared to mainboard IPOs, making the listing process faster and more accessible for small enterprises.
- Higher Minimum Investment: The minimum application size is usually higher around ₹1–2 lakh due to larger lot sizes, ensuring participation from serious retail and HNI investors.
- Mandatory Market Making: Each SME IPO must appoint a market maker to provide continuous buy and sell quotes, ensuring better price discovery and liquidity post-listing.
- Option to Migrate to Mainboard: Successful SMEs can later migrate to the mainboard (NSE or BSE) after meeting SEBI’s eligibility criteria, gaining wider investor reach and higher trading volumes.
Why Apply for SME IPO?
- Investing in an SME IPO allows you to participate early in the growth journey of emerging small businesses listed on the SME exchange platforms.
- It offers access to high-potential companies often operating in innovative or underserved sectors.
- SME IPOs provide a chance to diversify your portfolio beyond established large-cap firms while benefiting from the transparency and regulatory oversight of SEBI-listed companies.
- Once listed, these companies can offer strong long-term growth prospects.
- Several successful SMEs eventually graduate to mainboard listings after meeting specific SEBI specifications, providing investors with increased liquidity and value appreciation over time.
How to Apply for SME IPO on Groww?
Applying for a SME IPO on Groww is simple and completely online:
- Login to Groww: Open the Groww app or website and sign in to your account.
- Go to the IPO section: After signing in, navigate to the ‘IPO’ tab under the ‘Stocks’ section.
- Select the IPO: Browse through the list of upcoming and open IPOs. Select the preferred SME IPO from the list.
- Enter bid details: Choose the number of lots and bid price (or apply at cut-off).
- Confirm and pay: Complete your UPI payment through your registered UPI ID.
- Track application: You can check the IPO application and allotment status directly on Groww.
Frequently Asked Questions
What is an SME IPO?
An SME IPO is a public offering issued by the small or medium enterprises (SMEs) to raise funds for the first time from public investors for business expansion, working capital, or debt repayment. These IPOs are regulated by the Securities and Exchange Board of India (SEBI) and are listed on designated SME exchange platforms like NSE Emerge or BSE SME.
How is an SME IPO different from a Mainboard IPO?
SME IPOs are smaller in issue size (upto ₹25 crore) and have simplified compliance requirements as compared to Mainboard IPOs. These IPOs are listed on separate SME exchanges like NSE Emerge and BSE SME. Mainboard IPOs, on the other hand, have larger issue size (₹100 crore and above) and involve larger, established companies. These IPOs are traded on NSE and BSE with higher liquidity.
How can I apply for an SME IPO online?
You can apply for an SME IPO online through the Groww app or website. Go to the IPO section, select your preferred IPO, enter bid details, confirm via UPI, and track your allotment directly on Groww.
What are the benefits of investing in SME IPOs?
SME IPOs offer investors a chance to diversify and invest early in high-growth businesses. They provide exposure to growing small companies before they expand with the potential for long-term returns. All SME IPOs are regulated by SEBI and once an SME meets specific conditions set by SEBI and the stock exchanges (BSE and NSE), it can migrate to the mainboard.
Are SME IPOs risky?
Yes, SME IPOs involve higher risk than mainboard IPOs due to smaller business size, limited trading liquidity, and higher volatility. Also the lot sizes for SME IPOs are often larger (₹1- ₹2 lakh per application), requiring a significant initial investment that may be difficult for small retail investors to manage.
Where are SME IPOs listed?
SME IPOs are listed on NSE Emerge and BSE SME, which are the designated platforms for small and medium enterprises (SMEs).
How can I check SME IPO allotment status?
You can check the SME IPO allotment status on the Groww app or website once the allotment is finalized. You can also check it on the designated stock exchange’s website as well as on the registrar’s official website by entering your PAN or application number.