Current SME IPO in India 2025

IPO
Vashishtha Luxury Fashion

Offer Date: Sep 5, 2025 - Sep 10, 2025

BSE SME Allotment Out

Offer Price

109-111

Lot Size

1200

Subscription

No of Apps.: 477 | 2.23 times
IPO
Taurian MPS

Offer Date: Sep 9, 2025 - Sep 11, 2025

NSE SME Allotment Out

Offer Price

162-171

Lot Size

800

Subscription

No of Apps.: 4377 | 11.89 times
IPO
Nilachal Carbo Metalicks

Offer Date: Sep 8, 2025 - Sep 11, 2025

BSE SME Allotment Out

Offer Price

85

Lot Size

1600

Subscription

No of Apps.: 7206 | 5.12 times
IPO
Karbonsteel Engineering

Offer Date: Sep 9, 2025 - Sep 11, 2025

BSE SME Allotment Out

Offer Price

151-159

Lot Size

800

Subscription

No of Apps.: 45523 | 76.67 times

Exp. Premium

15-17 (9.43%)
IPO
Krupalu Metals

Offer Date: Sep 8, 2025 - Sep 11, 2025

BSE SME Allotment Out

Offer Price

72

Lot Size

1600

Subscription

No of Apps.: 358 | 1.25 times
IPO
Jay Ambe Supermarkets

Offer Date: Sep 10, 2025 - Sep 12, 2025

BSE SME Allotment Awaited

Offer Price

74-78

Lot Size

1600

Subscription

No of Apps.: 21236 | 64.34 times

Exp. Premium

8-9 (10.26%)
Bid history for current IPOs can be checked from Orders/Bids Page (Side Menu > Orders)
IPO
Galaxy Medicare

Offer Date: Sep 10, 2025 - Sep 12, 2025

NSE SME Allotment Awaited

Offer Price

51-54

Lot Size

2000

Subscription

No of Apps.: 1285 | 1.89 times
Bid history for current IPOs can be checked from Orders/Bids Page (Side Menu > Orders)
IPO
Airfloa Rail Technology

Offer Date: Sep 11, 2025 - Sep 15, 2025

BSE SME Live

Offer Price

133-140

Lot Size

1000

Subscription

No of Apps.: 118141 | 65.50 times

Exp. Premium

126-140 (90%)
View
UPI Mandate for Bids placed between 5 PM and before 10 AM will be received after 10 AM.
IPO
L.T. Elevator

Offer Date: Sep 12, 2025 - Sep 16, 2025

BSE SME Live

Offer Price

76-78

Lot Size

1600

Subscription

No of Apps.: 469 | 0.68 times
View
IPO
TechD Cybersecurity(TechDefence Labs)

Offer Date: Sep 15, 2025 - Sep 17, 2025

NSE SME

Offer Price

183-193

Lot Size

600

Subscription

N/A times

Exp. Premium

110-130 (56.99%)
IPO
Sampat Aluminium

Offer Date: Sep 17, 2025 - Sep 19, 2025

BSE SME

Offer Price

114-120

Lot Size

1200

Subscription

N/A times
IPO
JD Cables

Offer Date: Sep 18, 2025 - Sep 22, 2025

BSE SME

Offer Price

144-152

Lot Size

800

Subscription

N/A times

About SME IPO

What is SME IPO?

SME IPO (Small and Medium Enterprises Initial Public Offering) is the first time a small or medium-sized company offers its shares to the public on the stock exchange. Basically, these IPOs are designed for smaller companies which get approval from the exchanges (NSE, BSE).

The SME gets listed at BSE SME or NSE Emerge Platforms.

Rules for SME IPO
  • Post-issue paid-up capital should be less than Rs. 25 crores.
  • Minimum post-issue capital should be Rs 1 crore.
How to Apply for SME IPO?

The process of applying for an SME IPO includes UPI-based IPO Applications or ASBA, or by submitting forms to brokers or banks.

FAQs

Ans. Current SME IPOs are the IPOs for which subscription dates are announced or are live for subscription and are yet to get listed.

Ans. Investing in an SME IPO is a bit risky as it requires a high amount of funds to bid, but based on data from previous financial years, these IPOs have a high potential for gain or loss depending on the company fundamentals.

Ans. Yes, you can apply for an SME IPO. This issue is open to NII, retail, and sometimes QIB investors. Applications can be made in UPI-based applications, ASBA, or through forms provided to your bank or broker.

Ans. You can sell SME IPO shares just like any other IPO shares through your DEMAT/Trading account or by contacting your broker. Trading in SME IPOs takes place in lots defined by the company and exchanges.

Ans. There are four ways to subscribe:

  • IPO Ji App/Website: Online: IPO Ji provides the best interface to apply for SME IPOs through multiple Demat accounts in one shot. You can check the details in our blog How to Apply an IPO using IPO Ji App/Website. The best thing about applying from IPO Ji is that you can use your existing Demat Accounts and just link them to IPO Ji App/Website (this has to be done just once), select the IPO you would like to apply for, select the respective added accounts, select the bid quantity, and press apply— that's it!
  • UPI – Online: Log into your Demat Account, select the IPO, and apply using your UPI ID. Accept the payment mandate received on your bank app/Google Pay, and your application is complete.
  • ASBA – Online: Log into your Bank Account and apply through ASBA. Fill in your Demat Account Number, PAN Number, Bidding details, and submit the form.
  • IPO Forms Offline: You can obtain the application form from the broker, have it filled by them, and then submit it on your behalf.

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