UPCOMING SME IPOs

ALL SME IPOs

UPCOMING SME IPOs

An SME IPO, which stands for Small and Medium Enterprise Initial Public Offering, is when a smaller or medium-sized private company in India decides to go public for the first time to raise funds by selling shares to the public. After this, the company gets listed on the SME platform of a stock exchange, such as the Bombay Stock Exchange (BSE) or the National Stock Exchange of India (NSE). SME IPOs are typically chosen by companies that may be smaller or less established compared to those opting for Mainline IPOs.

In simpler words, let’s say you and your friends started a company, and it’s doing well, but it’s not as big as some other companies. You want to grow your business and reach more people across the country, but you need extra money to make it happen. However, getting that money locally might be a challenge. One way to raise funds is by selling shares of your company to the public, and this is called an Initial Public Offering (IPO). In India, there are two main types: Mainline IPOs, which are for larger and well-established companies. and SME IPOs, which are for smaller or medium-sized enterprises. SME IPOs get listed on the SME platform of stock exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange of India (NSE).

UPCOMING SME IPOs
IPO NameOpen DateClose DateGMPLot SizeIPO Price BandAllotment Status
Finelistings Technologies LimitedN/AN/AClick HereN/ANot Decided YetNot Decided Yet
ABS Marine Services LimitedN/AN/AClick HereN/ANot Decided YetNot Decided Yet
Mandeep Auto Industries LimitedN/AN/AClick Here2000 Equity Shares Shares₹67 per Equity ShareNot Decided Yet
Amkay Products Limited30-Apr-20243-May-2024Click Here2000 Equity Shares Shares₹52 to ₹55 per Equity ShareUpcoming
Storage Technologies & Automation Ltd30-Apr-20243-May-2024Click Here1600 Equity Shares Shares₹73 to ₹78 per Equity ShareUpcoming
Shivam Chemicals Limited23-Apr-202425-Apr-2024Click Here3000 Equity Shares Shares₹44 per Equity ShareLive
Emmforce Autotech Limited23-Apr-202425-Apr-2024Click Here1200 Equity Shares Shares₹93 to ₹98 per Equity ShareLive
Varyaa Creations Limited22-Apr-202425-Apr-2024Click Here1000 Equity Shares Shares₹150 per Equity ShareLive
Faalcon Concepts Limited19-Apr-202423-Apr-2024Click Here2000 Equity Shares Shares₹62 per Equity ShareAllotment Out
Ramdevbaba Solvent Limited15-Apr-202418-Apr-2024Click Here1600 Equity Shares Shares₹80 to ₹85 per Equity ShareListed
Grill Splendour Services Limited15-Apr-202418-Apr-2024Click Here1200 Equity Shares Shares₹120 per Equity ShareListed
Greenhitech Ventures Limited12-Apr-202416-Apr-2024Click Here3000 Equity Shares Shares₹50 per Equity ShareListed
DCG Wires And Cables Limited8-Apr-202410-Apr-2024Click Here1200 Equity Shares Shares₹100 per Equity ShareUpcoming
Teerth Gopicon Limited8-Apr-202410-Apr-2024Click Here1200 Equity Shares Shares₹111 per Equity ShareListed
DCG Cables & Wires Limited8-Apr-202410-Apr-2024Click Here1200 Equity Shares Shares₹100 per Equity ShareListed
K2 Infragen Limited28-Mar-20243-Apr-2024Click Here1200 Equity Shares Shares₹111 to ₹119 per Equity ShareListed
Jay Kailash Namkeen Limited28-Mar-20243-Apr-2024Click Here1600 Equity Shares Shares₹70 to ₹73 per Equity ShareListed
Creative Graphics Solutions India Limited28-Mar-20244-Apr-2024Click Here1600 Equity Shares Shares₹80 to ₹85 per Equity ShareListed
Aluwind Architectural Limited28-Mar-20244-Apr-2024Click Here3000 Equity Shares Shares₹45 per Equity ShareListed
TAC Infosec Limited27-Mar-20242-Apr-2024Click Here1200 Equity Shares Shares₹100 to ₹106 per Equity ShareListed
Radiowalla Network Limited27-Mar-20242-Apr-2024Click Here1600 Equity Shares Shares₹72 to ₹76 per Equity ShareListed
Yash Optics & Lens Limited27-Mar-20243-Apr-2024Click Here1600 Equity Shares Shares₹75 to ₹81 per Equity ShareListed
GConnect Logitech and Supply Chain Limited26-Mar-202428-Mar-2024Click Here3000 Equity Shares Shares₹40 per Equity ShareListed
Aspire & Innovative Advertising Limited26-Mar-202428-Mar-2024Click Here2000 Equity Shares Shares₹51 to ₹54 per Equity ShareListed
Blue Pebble Limited26-Mar-202428-Mar-2024Click Here800 Equity Shares Shares₹159 to ₹168 per Equity ShareListed
Vruddhi Engineering Works Limited26-Mar-202428-Mar-2024Click Here2000 Equity Shares Shares₹66 to ₹70 per Equity ShareListed
Trust Fintech Limited26-Mar-202428-Mar-2024Click Here1200 Equity Shares Shares₹95 to ₹101 per Equity ShareListed
Naman In-Store (India) Limited22-Mar-202427-Mar-2024Click Here1600 Equity Shares Shares₹84 to ₹89 per Equity ShareListed
Vishwas Agri Seeds Limited21-Mar-202426-Mar-2024Click Here1600 Equity Shares Shares₹86 per Equity ShareListed
Chatha Foods Limited19-Mar-202421-Mar-2024Click Here2000 Equity Shares Shares₹53 to ₹56 per Equity ShareListed
KP Green Engineering Limited15-Mar-202419-Mar-2024Click Here1000 Equity Shares Shares₹137 to ₹144 per Equity ShareListed
Enser Communications Limited15-Mar-202419-Mar-2024Click Here2000 Equity Shares Shares₹70 per Equity ShareListed
Enfuse Solutions Limited15-Mar-202419-Mar-2024Click Here1200 Equity Shares Shares₹91 to ₹96 per Equity ShareListed
Royal Sense Limited12-Mar-202414-Mar-2024Click Here2000 Equity Shares Shares₹68 per Equity ShareListed
Pratham EPC Projects Limited11-Mar-202413-Mar-2024Click Here1600 Equity Shares Shares₹71 to ₹75 per Equity ShareListed
Pune E-Stock Broking Limited7-Mar-202412-Mar-2024Click Here1600 Equity Shares Shares₹78 to ₹83 per Equity ShareListed
Koura Fine Diamond Jewelry Limited6-Mar-202411-Mar-2024Click Here2000 Equity Shares Shares₹55 per Equity ShareListed
Shree Karni Fabcom Limited6-Mar-202411-Mar-2024Click Here600 Equity Shares Shares₹220 to ₹227 per Equity ShareListed
Sona Machinery Limited5-Mar-20247-Mar-2024Click Here1000 Equity Shares Shares₹136 to ₹143 per Equity ShareListed
M.V.K. Agro Food Product Ltd29-Feb-20244-Mar-2024Click Here1200 Equity Shares Shares₹120 per Equity ShareListed
Purv Flexipack Limited27-Feb-202429-Feb-2024Click Here1600 Equity Shares Shares₹70 to ₹71 per Equity ShareListed
Owais Metal and Mineral Processing Limited26-Feb-202428-Feb-2024Click Here1600 Equity Shares Shares₹83 to ₹87 per Equity ShareListed
Sadhav Shipping Limited23-Feb-202427-Feb-2024Click Here1200 Equity Shares Shares₹95 per Equity ShareListed
Deem Roll Tech Limited20-Feb-202422-Feb-2024Click Here1000 Equity Shares Shares₹129 per Equity ShareListed
Zenith Drugs Limited19-Feb-202422-Feb-2024Click Here1600 Equity Shares Shares₹75 to ₹79 per Equity ShareListed
Esconet Technologies Limited16-Feb-202420-Feb-2024Click Here1600 Equity Shares Shares₹80 to ₹84 per Equity ShareListed
Interiors and More Limited15-Feb-202420-Feb-2024Click Here600 Equity Shares Shares₹216 to ₹227 per Equity ShareListed
Atmastco Limited15-Feb-202420-Feb-2024Click Here1600 Equity Shares Shares₹77 per Equity ShareListed
Thaai Casting Ltd15-Feb-202420-Feb-2024Click Here1600 Equity Shares Shares₹73 to ₹77 per Equity ShareListed
Kalahridhaan Trendz Limited15-Feb-202420-Feb-2024Click Here3000 Equity Shares Shares₹45 per Equity ShareListed
Wise Travel India Limited12-Feb-202414-Feb-2024Click Here1000 Equity Shares Shares₹140 to ₹147 per Equity ShareListed
Rudra Gas Enterprise Limited8-Feb-202412-Feb-2024Click Here2000 Equity Shares Shares₹63 per Equity ShareListed
Alpex Solar Limited8-Feb-202412-Feb-2024Click Here1200 Equity Shares Shares₹109 to ₹115 per Equity ShareListed
Polysil Irrigation Systems Limited8-Feb-202413-Feb-2024Click Here2000 Equity Shares Shares₹54 per Equity ShareListed
Italian Edibles Limited2-Feb-20247-Feb-2024Click Here2000 Equity Shares Shares₹68 per Equity ShareListed
Gabriel Pet Straps Limited31-Jan-20242-Feb-2024Click Here1200 Equity Shares Shares₹101 per Equity ShareListed
Mayank Cattle Food Limited29-Jan-202431-Jan-2024Click Here1200 Equity Shares Shares₹108 per Equity ShareListed
Harshdeep Hortico Limited29-Jan-202431-Jan-2024Click Here3000 Equity Shares Shares₹42 to ₹45 per Equity ShareListed
Megatherm Induction Limited29-Jan-202431-Jan-2024Click Here1200 Equity Shares Shares₹100 to ₹108 per Equity ShareListed
Baweja Studios Limited29-Jan-20241-Feb-2024Click Here800 Equity Shares Shares₹170 to ₹180 per Equity ShareListed
Docmode Health Technologies Limited25-Jan-202430-Jan-2024Click Here1600 Equity Shares Shares₹79 per Equity ShareListed
DelaPlex Limited25-Jan-202430-Jan-2024Click Here600 Equity Shares Shares₹186 to ₹192 per Equity ShareListed
Fonebox Retail Limited25-Jan-202430-Jan-2024Click Here2000 Equity Shares Shares₹66 to ₹70 per Equity ShareListed
Brisk Technovision Limited23-Jan-202425-Jan-2024Click Here800 Equity Shares Shares₹156 per Equity ShareListed
Euphoria Infotech India Limited19-Jan-202424-Jan-2024Click Here1200 Equity Shares Shares₹96 to ₹100 per Equity ShareListed
Konstelec Engineers IPO19-Jan-202424-Jan-2024Click Here2000 Equity Shares Shares₹66 to ₹70 per Equity ShareListed
Addictive Learning Technology Limited19-Jan-202424-Jan-2024Click Here1000 Equity Shares Shares₹133 to ₹140 per Equity ShareListed
Qualitek Labs Limited18-Jan-202423-Jan-2024Click Here1200 Equity Shares Shares₹100 per Equity ShareListed
Maxposure Limited15-Jan-202417-Jan-2024Click Here4000 Equity Shares Shares₹31 to ₹33 per Equity ShareListed
Shree Marutinandan Tubes Limited12-Jan-202416-Jan-2024Click Here1000 Equity Shares Shares₹143 per Equity ShareListed
Australian Premium Solar (India) Limited11-Jan-202415-Jan-2024Click Here2000 Equity Shares Shares₹51 to ₹54 per Equity ShareListed
11-Jan-202415-Jan-2024Click Here2000 Equity Shares Shares₹62 to ₹66 per Equity ShareListed
IBL Finance Limited IPO (IBL Finance IPO) Detail9-Jan-202411-Jan-2024Click Here2000 Equity Shares Shares₹51 per Equity ShareListed
Kaushalya Logistics Limited29-Dec-20233-Jan-2024Click Here1600 Equity Shares Shares₹71 to ₹75 per Equity ShareListed
Kay Cee Energy & Infra Limited28-Dec-20232-Jan-2024Click Here2000 Equity Shares Shares₹51 to ₹54 per Equity ShareListed
Akanksha Power and Infrastructure Limited27-Dec-202329-Dec-2023Click Here2000 Equity Shares Shares₹52 to ₹55 per Equity ShareListed
Manoj Ceramic Limited27-Dec-202329-Dec-2023Click Here2000 Equity Shares Shares₹62 per Equity ShareListed
Shri Balaji Valve Components Limited27-Dec-202329-Dec-2023Click Here1200 Equity Shares Shares₹95 to ₹100 per Equity ShareListed
AIK Pipes And Polymers Limited26-Dec-202328-Dec-2023Click Here1600 Equity Shares Shares₹89 per Equity ShareListed
Supreme Power Equipment Limited21-Dec-202326-Dec-2023Click Here2000 Equity Shares Shares₹61 to ₹65 per Equity ShareListed
Trident Techlabs Limited IPO21-Dec-202326-Dec-2023Click Here4000 Equity Shares Shares₹33 to ₹35 per Equity ShareListed
Sameera Agro And Infra Limited21-Dec-202327-Dec-2023Click Here800 Equity Shares Shares₹180 per Equity ShareListed
Electro Force (India) Limited19-Dec-202321-Dec-2023Click Here1200 Equity Shares Shares₹93 per Equity ShareListed
Shanti Spintex Limited19-Dec-202321-Dec-2023Click Here2000 Equity Shares Shares₹66 to ₹70 per Equity ShareListed
Sahara Maritime Limited18-Dec-202320-Dec-2023Click Here1600 Equity Shares Shares₹81 per Equity ShareListed
Shree OSFM E-Mobility Limited14-Dec-202318-Dec-2023Click Here2000 Equity Shares Shares₹65 per Equity ShareListed
Siyaram Recycling Industries Limited14-Dec-202318-Dec-2023Click Here3000 Equity Shares Shares₹43 to ₹46 per Equity ShareListed
Benchmark Computer Solutions Limited14-Dec-202318-Dec-2023Click Here2000 Equity Shares Shares₹66 per Equity ShareListed
S J Logistics12-Dec-202314-Dec-2023Click Here1000 Equity Shares Shares₹121 to ₹125 per Equity ShareListed
Presstonic Engineering Limited11-Dec-202313-Dec-2023Click Here1600 Equity Shares Shares₹72 per Equity ShareListed
Accent Microcell8-Dec-202312-Dec-2023Click Here1000 Equity Shares Shares₹133 to ₹140 per Equity ShareListed
Sheetal Universal Limited4-Dec-20236-Dec-2023Click Here2000 Equity Shares Shares₹70 per Equity ShareListed
Marinetrans India Limited30-Nov-20235-Dec-2023Click Here4000 Equity Shares Shares₹26 per Equity ShareListed
Graphisads Limited30-Nov-20235-Dec-2023Click Here1200 Equity Shares Shares₹111 per Equity ShareListed
AMIC Forging Limited29-Nov-20231-Dec-2023Click Here1000 Equity Shares Shares₹121 to ₹126 per Equity ShareListed
Deepak Chemtex Limited29-Nov-20231-Dec-2023Click Here1600 Equity Shares Shares₹76 to ₹80 per Equity ShareListed
Swashthik Plascon Limited24-Nov-202329-Nov-2023Click Here1600 Equity Shares Shares₹80 to ₹86 per Equity ShareListed
Rockingdeals Circular Economy Limited22-Nov-202324-Nov-2023Click Here1000 Equity Shares Shares₹136 to ₹140 per Equity ShareListed
Arrowhead Seperation Engineering Limited16-Nov-202320-Nov-2023Click Here600 Equity Shares Shares₹233 per Equity ShareListed
Kalyani Cast Tech Ltd8-Nov-202310-Nov-2023Click Here1000 Equity Shares Shares₹137 to ₹139 per Equity ShareListed
ROX Hi-Tech Limited7-Nov-20239-Nov-2023Click Here1600 Equity Shares Shares₹80 to ₹83 per Equity ShareListed
Sunrest Lifescience Limited7-Nov-20239-Nov-2023Click Here1600 Equity Shares Shares₹84 per Equity ShareListed
Baba Food Processing India Limited3-Nov-20237-Nov-2023Click Here1600 Equity Shares Shares₹72 to ₹76 per Equity ShareListed
Micropro Software Solutions Limited3-Nov-20237-Nov-2023Click Here1600 Equity Shares SharesNot Decided YetListed
SAR Televenture Limited1-Nov-20233-Nov-2023Click Here2000 Equity Shares Shares₹52 to ₹55 per Equity ShareListed
Mish Designs Limited31-Oct-20232-Nov-2023Click Here1000 Equity Shares SharesNot Decided YetListed

A Mainline IPO, also known as a Mainboard IPO, is when a private company in India goes public for the first time to raise funds by selling shares to the public. The company then gets listed on the main board of a stock exchange like the Bombay Stock Exchange (BSE) or the National Stock Exchange of India (NSE). Mainline IPOs are usually for larger, more established companies compared to those taking the SME IPO route.

If we say this in simple words than Imagine you and your friends started a company and it’s been doing well. You’re making a lot of money and you’re thinking about expanding your business into whole nation. But you need more money to do that. But you don’t have any way to get that locally. One way to get more money is to sell shares of your company to the public. This is called an Initial Public Offering (IPO). There are two main types of IPOs in India: Mainline IPOs and SME IPOs. A Mainline IPO is for larger companies that have been around for a while and have a good track record. These companies are typically listed on the main board of a stock exchange, like the Bombay Stock Exchange (BSE) or the National Stock Exchange of India (NSE).

The table presented above provides the most up-to-date information on the latest and upcoming Initial Public Offerings (IPOs). Specifically focusing on the “UPCOMING SME IPO” section, this table includes essential details to guide potential investors.

Within the table, there is a dedicated field identifying companies that are offering SME IPOs. This column serves as a quick reference for individuals interested in small and medium enterprises going public. Additionally, the table incorporates other critical columns, such as open date and close date, offering valuable insights into the IPO timeline.

The open date signifies when the IPO becomes available for application through brokers, providing clarity on when prospective investors can actively participate. On the other hand, the close date indicates the deadline for submitting IPO applications. It is essential to apply for the allotted lot size, positioned between the open and close dates, to secure a stake in the IPO.

Each IPO name is hyperlinked, leading to a detailed informative page dedicated to that specific IPO. This page serves as a comprehensive resource, offering in-depth information to help potential investors make informed decisions about whether to apply for a particular IPO. It is advised to consider the Gray Market Premium (GMP) before applying, as this metric provides insights into the market’s perception of the IPO’s potential.

Another crucial column in the table is the “Lot Size,” which denotes the quantity of shares available in a single lot of the IPO. Understanding the lot size is essential for investors to determine their investment amount and potential returns. Additionally, the table features a column specifying the IPO price band, providing a range within which the IPO’s share price is expected to fall.

SME IPOs – The Basics:

  1. Minimum Investment: Companies need a minimum investment, typically less than Rs 10 crore (around USD 1.2 million) after the IPO.
  2. Less Stringent Rules: While there are still standards to meet, the criteria for listing are generally more flexible then Mainboard Ipos.
  3. Moderate Attention: SME IPOs may not attract as much attention initially, but they offer opportunities for growth.

Benefits of SME IPOs:

  • Access to capital for expansion
  • Building recognition and trust among investors
  • Increased liquidity, making it easier to trade shares
  • Potential for company growth with raised funds

Risks of SME IPOs:

  • The challenge of gaining sufficient investor participation
  • Possibility of price fluctuations after listing
  • Navigating through regulatory requirements and compliance issues

How SME IPOs Happen:

  1. Documentation: The company submits a draft plan (DRHP) to the Securities and Exchange Board of India (SEBI).
  2. SEBI EvaluationSEBI reviews the plan, providing feedback.
  3. Addressing Concerns: The company resolves SEBI’s concerns and submits a final plan.
  4. Open for Subscriptions: The IPO becomes available for public subscription.
  5. Reviewing Bids: Bids are processed, and shares are allocated to successful bidders.
  6. Debut: The company’s shares officially enter the stock exchange’s SME platform, marking the beginning of its public trading journey.

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