The Indian IPO market is set for a transformative phase in 2025, with a surge in SME IPO (Small and Medium Enterprise Initial Public Offering) anticipated across high-growth sectors. Platforms like BSE SME and NSE SME have democratized access to capital for smaller firms.
As investors gear up for 2025’s pipeline, understanding the interplay of IPO GMP (Grey Market Premium) and sector-specific trends becomes vital. Here is the list of upcoming SME IPO; click the names for detailed information, including their date, review, analysis, allotment status, bidding information, market lot, and GMP of the SME IPO.
| Upcoming SME IPO 2025 | Date | Size | Price | Lot | Allotment | Listing | Platform |
|---|---|---|---|---|---|---|---|
| Desco Infratech | 24-26 Mar | ₹30.75 Cr. | ₹147 to ₹150 | 1,000 | 27 Mar | 1 Apr | BSE SME |
| Active Infrastructures | 21-25 Mar | ₹77.83 Cr. | ₹178 to ₹181 | 600 | 26 Mar | 28 Mar | NSE SME |
| Rapid Fleet Management | 21-25 Mar | ₹43.87 Cr. | ₹183 to ₹192 | 600 | 26 Mar | 28 Mar | NSE SME |
| Grand Continent Hotels | 20-24 Mar | ₹74.46 Cr. | ₹107 to ₹113 | 1,200 | 25 Mar | 27 Mar | NSE SME |
| Divine Hira Jewellers | 17-19 Mar | ₹31.84 Cr. | ₹90 | 1,600 | 20 Mar | 24 Mar | NSE SME |
| Paradeep Parivahan | 17-19 Mar | ₹44.86 Cr. | ₹93 to ₹98 | 1,200 | 20 Mar | 24 Mar | BSE SME |
| Super Iron Foundry | 11-13 Mar | ₹68.05 Cr. | ₹108 | 1,200 | 17 Mar | 19 Mar | BSE SME |
| PDP Shipping & Projects | 10-12 Mar | ₹12.65 Cr. | ₹135 | 1,000 | 13 Mar | 18 Mar | BSE SME |
| NAPS Global India | 4-6 Mar | ₹11.88 Cr. | ₹90 | 1,600 | 7 Mar | 11 Mar | BSE SME |
| Balaji Phosphates | 28 Feb – 4 Mar | ₹50.11 Cr. | ₹66 to ₹70 | 2,000 | 5 Mar | 7 Mar | NSE SME |
| Shreenath Paper | 25-28 Feb | ₹23.36 Cr. | ₹44 | 3,000 | 3 Mar | 5 Mar | BSE SME |
| Nukleus Office Solutions | 24-27 Feb | ₹31.70 Cr. | ₹234 | 600 | 28 Feb | 4 Mar | BSE SME |
| Beezaasan Explotech | 21-25 Feb | ₹59.93 Cr. | ₹165 to ₹175 | 800 | 27 Feb | 3 Mar | BSE SME |
| HP Telecom India | 20-24 Feb | ₹34.23 Cr. | ₹108 | 1,200 | 25 Feb | 28 Feb | NSE SME |
| Swasth Foodtech | 20-24 Feb | ₹14.92 Cr. | ₹94 | 1,200 | 24 Feb | 27 Feb | BSE SME |
| Royalarc Electrodes | 14-18 Feb | ₹36 Cr. | ₹114 to ₹120 | 1,200 | 19 Feb | 21 Feb | NSE SME |
| Tejas Cargo | 14-18 Feb | ₹105.84 Cr. | ₹160 to ₹168 | 800 | 19 Feb | 21 Feb | NSE SME |
| Shanmuga Hospital | 13-17 Feb | ₹20 Cr. | ₹54 | 2,000 | 18 Feb | 21 Feb | BSE SME |
| L.K. Mehta Polymers | 13-17 Feb | ₹7.38 Cr. | ₹71 | 1,600 | 18 Feb | 21 Feb | BSE SME |
| MaxVolt Energy | 12-14 Feb | ₹54.00 Cr. | ₹171 to ₹180 | 800 | 17 Feb | 19 Feb | NSE SME |
| Voler Car | 12-14 Feb | ₹27.00 Cr. | ₹85 to ₹90 | 1,600 | 17 Feb | 19 Feb | NSE SME |
| PS Raj Steels | 12-14 Feb | ₹28.28 Cr. | ₹132 to ₹140 | 1,000 | 17 Feb | 19 Feb | NSE SME |
| Chandan Healthcare | 10-12 Feb | ₹107.36 Cr. | ₹151 to ₹159 | 800 | 13 Feb | 17 Feb | NSE SME |
| Eleganz Interiors | 7-11 Feb | ₹78.06 Cr. | ₹123 to ₹130 | 1,000 | 12 Feb | 14 Feb | NSE SME |
| Solarium Green | 6-10 Feb | ₹105.04 Cr. | ₹181 to ₹191 | 600 | 11 Feb | 13 Feb | BSE SME |
| Readymix Construction | 6-10 Feb | ₹37.66 Cr. | ₹121 to ₹123 | 1,000 | 11 Feb | 13 Feb | NSE SME |
| Amwill Health Care | 5-7 Feb | ₹59.98 Cr. | ₹105 to ₹111 | 1,200 | 10 Feb | 12 Feb | BSE SME |
| Ken Enterprises | 5-7 Feb | ₹83.65 Cr. | ₹94 | 1,200 | 10 Feb | 12 Feb | NSE SME |
| Chamunda Electrical | 4-6 Feb | ₹14.60 Cr. | ₹47 to ₹50 | 3,000 | 7 Feb | 11 Feb | NSE SME |
Upcoming SME IPO FAQs
What are some of the upcoming SME IPOs in 2025?
Paradeep Parivahan, Divine Hira Jewellers, Grand Contient Hotels, Rapid Fleet Management, Active Infrastructures, and Desco Infratech are a few upcoming SME IPOs in 2025.
What is an SME IPO?
An SME IPO is a public offering by a small or medium enterprise, enabling it to raise capital and subsequently list its shares on dedicated platforms like BSE SME or NSE Emerge.
Is an SME IPO a good investment?
While the underlying fundamentals may make an SME IPO an attractive investment, historical data shows that only a few trades above their issue price. Before investing, it’s important to review detailed information and analysis on GrowWiseHub.
What is the difference between a mainboard IPO and an SME IPO?
SME IPOs are tailored for small and medium enterprises and generally involve a smaller issue size compared to mainboard IPOs. Additionally, while mainboard IPOs are listed on standard exchanges like NSE and BSE, SME IPOs are exclusively listed on platforms such as BSE SME or NSE Emerge.
Can an SME go for an IPO?
Yes, SMEs can launch an IPO, provided they meet the required eligibility criteria set by regulatory authorities.
What are the criteria for SME listing?
To qualify for an SME listing, a company must have a track record of at least three years with positive operating cash flows during that period and maintain a positive net worth.
Can we apply for an SME IPO?
Yes, investors can apply for an SME IPO under their respective investor categories. These IPOs typically offer shares to Non-Institutional Investors (NII), retail investors, and sometimes Qualified Institutional Buyers (QIBs). Applications can be made via ASBA or UPI-based platforms or by submitting forms through brokers or banks.
How do I sell an SME IPO on the listing day?
If you trade online, log in to your trading or Demat account via your broker’s app or website and place a sell order for your allocated shares. If you trade offline, contact your broker to execute the sale.
How do I subscribe to an SME IPO?
can be made online via ASBA through your bank account or by using UPI via your stockbroker’s platform. Alternatively, you may also apply offline by submitting a form through your stockbroker.
Note: The upcoming SME IPO calendar is based on information gathered from various online sources, so dates may sometimes change. This information is provided solely for reference, and we do not engage in trading or offer any grey market premiums or Kostak rates for SME IPOs.
Disclaimer: The information on this website is provided solely for informational purposes and should not be interpreted as investment advice. We strongly recommend consulting with a qualified advisor before making any investment decisions. Grow Wise Hub assumes no responsibility for any direct or indirect damages that may arise from your use of this site.