Investing in stocks has always been a way to build wealth. But what if you could get in early on a company that’s about to explode? That’s where SME IPOs come in. They’re like hidden gems in the stock market. Small and medium-sized enterprises (SMEs) are the backbone of our economy. These IPOs offer a chance to invest in smaller companies going public. With lower costs and high growth potential, SME IPOs attract many investors. But are they worth it? That’s what we’ll explore.
Upcoming SME IPO in 2026
Here is the list of SME IPOs open now in 2026.
| Upcoming SME IPO 2026 | Date | Size | Price | Lot | Allotment | Listing | Platform |
| Mayasheel Ventures | 20-24 June | ₹27.28 Cr. | ₹44 to ₹47 | 3000 | 25 June | 27 June | NSE SME |
| Influx Healthtech | 18-20 June | ₹58.57 Cr. | ₹91 to ₹96 | 1200 | 23 June | 25 June | NSE SME |
| Eppeltone Engineers | 17-19 June | ₹43.96 Cr. | ₹125 to ₹128 | 1000 | 20 June | 24 June | NSE SME |
| Samay Project Services | 16-18 June | ₹14.69 Cr. | ₹32 to ₹34 | 4000 | 19 June | 23 June | NSE SME |
| Patil Automation | 16-18 June | ₹69.61 Cr. | ₹114 to ₹120 | 1200 | 19 June | 23 June | NSE SME |
| Aten Papers | 13-17 June | ₹31.68 Cr. | ₹91 to ₹96 | 1200 | 18 June | 20 June | BSE SME |
| Monolithisch India | 12-16 June | ₹82.02 Cr. | ₹135 to ₹143 | 1000 | 17 June | 19 June | NSE SME |
| Jainik Power and Cables | 10-12 June | ₹51.30 Cr. | ₹100 to ₹110 | 1200 | 13 June | 17 June | NSE SME |
What is an Small and medium-sized enterprises (SMEs) IPO?
An SME IPO is when a small or medium-sized company offers its shares to the public for the first time. It’s similar to any other IPO. But it happens on a smaller scale. These companies usually list their shares on the SME Exchange. Like the NSE Emerge and BSE SME. This allows retail investors to buy shares just like they would with larger companies going public.
The primary reason for an SME IPO is to raise capital for expansion, pay off debts, or improve the company’s visibility. By going public, these companies can grow faster and create more jobs. It’s a big step for them. And for investors, it means a chance to get in early before the company potentially takes off.
How does an SME IPO work?
The process of an SME IPO is similar to a regular IPO. Here’s how it works:
Drafting the Prospectus: The company prepares a document called the prospectus. It contains details about the business, financials, and the IPO.
Regulatory Approval: The company gets approval from regulatory bodies like SEBI.
IPO Allotment: If you apply during the IPO and get shares, you become a shareholder.
Listing: After the IPO, the company’s shares are listed on the SME Exchange.
The entire process takes a few weeks. Once it’s done, investors can buy and sell shares just like any other public company.
Benefits of investing in SME IPO
Investing in SME IPOs has some unique advantages. Here’s why they attract so many investors:
Higher Growth Potential: SMEs often have innovative business models. They cater to niche markets. This can lead to higher growth compared to larger companies.
Lower Share Price: SME IPOs usually have a lower share price. This makes them more affordable for retail investors. You can start investing with a small amount.
Early Investment Opportunity: When you invest in an SME IPO, you’re getting in early. It means you might see higher returns if the company does well.
Support for Small Businesses: Investing in SMEs is a way to support small and medium-sized enterprises. These companies create jobs and contribute to the economy.
For many investors, these benefits are hard to ignore. SME IPOs offer a chance to be part of something big right from the start.
Risks involved in SME IPO
While SME IPOs can be rewarding, they also come with risks. Here’s what you need to watch out for:
Higher Volatility: SME stocks can be more volatile. Their prices swing dramatically. This happens because of smaller trading volumes.
Limited Financial History: Some SMEs going public might not have a long track record. This makes it harder to predict their future performance.
Market Risk: Like any stock, SME shares are subject to market risk. External factors can impact their prices.
Lack of Research: There is often less analyst coverage for SME companies. This makes it tough to find reliable information before investing.
These risks are important to consider. It’s crucial to do your homework before putting your money into an SME IPO.
How to Subscribe to SME IPO?
Subscribing to an SME IPO is similar to any other IPO. Here’s a step-by-step guide:
Step 1: Get a PAN Card
You need a PAN card to apply for an IPO. It’s mandatory for all investors.
Step 2: Have a Demat Account
You must have a demat account to hold the shares you get from the IPO. If you don’t have one, you can open an account with a broker.
Step 3: Get IPO Form
You can get an IPO form from the company’s registrar or apply online through your broker’s platform.
Step 4: Fill the Form
You need to fill in details like your name, PAN, and the number of shares you want to apply for.
Step 5: Submit the Form
Once you’ve filled the form, submit it along with the payment. You can do it online or in person.
Step 6: Allotment
After the IPO ends, you will know if you got shares or not. If you did, they will be credited to your demat account.
It’s a straightforward process. And with the right broker, you can easily subscribe to any SME IPO.
Things to consider before investing in SME IPO
Before investing in SME IPOs, here are some key factors to consider:
Company’s Business Model: Look for a company with a unique and scalable business model. It should have a clear plan for growth.
Financial Performance: Check the company’s financials. Look at its revenue, profits, and debt levels. This will give you an idea of its stability.
Valuation: Compare the company’s valuation with its peers. An overvalued IPO might not give you good returns.
Market Potential: Consider the market size and demand for the company’s products or services. A larger market can lead to higher growth.
Management Team: A strong and experienced management team is crucial for a company’s success.
By keeping these factors in mind, you can make more informed decisions when investing in SME IPOs.
Conclusion
SME IPOs are an exciting opportunity for investors looking to explore the smaller side of the stock market. They offer a chance to get in early on companies with high growth potential. However, they also come with risks. So, it’s important to do your research.
If you’re considering investing in SME IPOs, platforms like Requin can help. They offer the tools and resources you need to make informed decisions and subscribe to IPOs with ease.
SME IPO FAQs
What is the criteria for SME listing?
To list on an SME Exchange, a company must meet certain financial criteria. It should have a minimum net worth, tangible assets, and profitability. The specific requirements vary but generally include having a certain paid-up capital and issue size.
Can we apply SME IPO?
Yes, retail investors can apply for SME IPOs. There are no restrictions on who can invest. You can apply through your broker using the IPO form and pay the required amount. The shares are allotted based on demand and your application.
How to Subscribe to SME IPO?
You can subscribe to an SME IPO by filling an application form and providing your PAN and demat details. You can do it online or in-person. Once you submit the form and pay the amount, you’ll receive an allotment status after the IPO ends.
What is difference between main-board IPO and SME IPO?
Main-board IPOs are for larger companies going public. While SME IPOs are for smaller enterprises. Main-board IPOs have higher share prices and larger issue sizes. SME IPOs have lower prices and smaller sizes. Main-board IPOs have stricter regulations. SME IPOs have simpler compliance.
Is SME IPO a good investment?
SME IPOs can be a good investment if you choose wisely. They offer higher growth potential. But they also come with risks. It’s important to research the company’s financials, business model, and market potential before investing.