Current SME IPOs in 2026
Current SME IPOs in 2026
Invest in SME IPOs currently open for subscription.
+91
Open - Close04 Feb - 06 Feb
Issue size₹34.00
Price range₹83.00 – ₹88.00
Opens on 04 Feb
Open - Close04 Feb - 06 Feb
Issue size₹86.00
Price range₹167 – ₹176
Opens on 04 Feb
Name | Open - Close | Issue size | Price range | Subscription | |
|---|---|---|---|---|---|
 Grover Jewells IPOSME, Diamond & Jewellery | 04 Feb - 06 Feb | ₹34Cr | ₹83.00 – ₹88.00 | --- | |
Brandman Retail IPOSME, Trading | 04 Feb - 06 Feb | ₹86Cr | ₹167 – ₹176 | --- |
How to apply for IPOs on Upstox
Step 1
Go to www.upstox.com/ipo or open the Upstox mobile app and select the IPO you wish to apply for from the 'Open IPO' section
Step 2
Click on apply, enter the lot size, price and provide your UPI mandate.
Step 3
Approve the UPI mandate on your UPI app and you are all set!
Latest News on
SRIT India IPO: The proposed initial share sale is exclusively a fresh issuance of 1.68 crore shares, with no offer for sale (OFS) component, according to the draft red herring prospectus (DRHP).
2 min read
Fractal Analytics IPO: The initial share sale is seeking to raise ₹2,833.90 crore via fresh issuance of shares aggregating to ₹1,023.50 crore and an offer for sale component of ₹1,810.4 crore.
2 min read
Marri Retail IPO: The proposed initial share sale will be a mix of fresh issuance of shares aggregating to ₹522 crore and an offer for sale (OFS) component of 27,000,000 shares by promoter Marri Venkat Reddy, according to the preliminary papers.
2 min read
Msafe Equipments IPO allotment: The initial share sale, with a price band of ₹116 to ₹123 per share, aimed to raise ₹66.42 crore via fresh issuance of 44 lakh shares worth ₹54.12 crore and an offer for sale of ₹12.30 crore by promoters Ajay Kumar Kanoi and Vansh Aggarwal.
3 min read
NSE IPO: National Stock Exchange's listing plans were on hold since 2016, when the country's largest bourse first filed a draft red herring prospectus (DRHP) to raise around ₹10,000 crore through an offer for sale (OFS) component by existing shareholders.
3 min read
NSE IPO: The hike in STT is aimed squarely at high-volume derivative trading, rather than the cash equity market, and is expected to meaningfully increase transaction costs for active and short-term trading strategies.
3 min read
Upcoming IPOs this week: NFP Sampoorna Foods's initial share sale, which is open from February 4 to February 6, is seeking to raise ₹24.53 crore via fresh issuance of 44.60 lakh shares, with no offer for sale (OFS) component.
4 min read
CKK Retail Mart IPO: The ₹88.02 crore initial share sale consists of a fresh issuance of 44.08 lakh shares valued at ₹71.85 crore and an offer for sale of 9.92 lakh shares worth ₹16.17 crore by promoter Sakuma Infrastructure and Realty Pvt Ltd.
3 min read
Msafe Equipments IPO: The ₹66.42 crore initial share sale comprised a fresh issuance of 44 lakh shares aggregating to ₹54.12 crore and an offer-for-sale of 10 lakh shares valued at ₹12.30 crore by promoters Vansh Aggarwal and Ajay Kumar Kanoi.
3 min read
Kasturi Metal Composite IPO allotment: The ₹17.61 crore initial share sale, with a price band of ₹61 to ₹64 per equity share, was only a fresh issuance of 27.52 lakh shares, without an offer for sale component.
3 min read
The IPO volumes in FY26 till December 2025 advanced 20% higher than in the same period of FY25. The amount collected was also 10% higher for the same time band of FY25, the Economic Survey said.
2 min read
Bharat Coking Coal IPO, a Coal India subsidiary with a shareholder quota, saw robust investor interest with overall subscription of 143 times. Here is a list of 11 upcoming IPOs that could have a shareholder quota.
5 min read
Turtlemint IPO: The proposed initial share sale consists of new equity shares valued at ₹660.72 crore and an offer for sale (OFS) component of 28,608,992 shares.
3 min read
Bombay Coated and Special Steels IPO: The proposed initial public offering is exclusively a fresh issuance of equity shares valued at ₹191 crore, with no offer for sale (OFS) component.
2 min read
Shayona Engineering IPO allotment: The ₹14.86 crore initial share sale was completely a fresh issuance of 10.32 lakh shares, with no offer for sale (OFS) component.
3 min read
Shadowfax Technologies share price: The initial share sale sought to raise ₹1,907.27 crore through the fresh issuance of shares worth ₹1,000 crore and an offer for sale (OFS) component of ₹907.27 crore.
3 min read
Kasturi Metal Composite IPO: The ₹17.61 crore initial share sale is solely a fresh issuance of 27.52 lakh shares, with no offer for sale component.
3 min read
KRM Ayurveda IPO allotment: The initial share sale consisted only of a fresh issuance of 57.40 lakh shares totalling ₹77.49 crore. There was no offer-for-sale (OFS) component.
3 min read
Upcoming IPOs: Listings scheduled for this week include Shadowfax Technologies, Digilogic Systems, KRM Ayurveda, Hannah Joseph Hospital, and Shayona Engineering.
3 min read
New IPOs Alert: The proposed initial public offering of Kanohar Electricals is a mix of fresh issuance of ₹300 crore and an offer for sale (OFS) of 14,590,000 equity shares by promoter K Sons Family Trust.
2 min read
IPO Season 2026: All 12 companies which filed their preliminary IPO papers with SEBI between June and October obtained their observations between January 19 and 23, the update showed. In regulatory terms, SEBI's observation is equivalent to clearance for launching a public issue.
3 min read
Shadowfax Technologies IPO allotment: The initial share sale, with a price band of ₹118 to ₹124 per equity share, aimed to raise ₹1,907.27 crore via the issuance of new equity shares valued at ₹1,000 crore and an offer for sale (OFS) component of ₹907.27 crore.
3 min read
Digilogic Systems IPO allotment: The ₹81.01 crore issue, with a price band of ₹98 to ₹104 per equity share, was a mix of fresh issuance of shares aggregating to ₹69.68 and an offer for sale (OFS) of ₹11.33 crore by promoter Madhusudhan Varma Jetty.
3 min read
KRM Ayurveda IPO: The initial share sale, with a price band of ₹128 to ₹135 per share, seeks to raise ₹77.49 crore via the issuance of 57.40 lakh new equity shares. There is no offer for sale component.
3 min read
Shadowfax Technologies IPO: The ₹1,907.27 crore initial share sale includes new equity shares worth ₹1,000 crore and an offer for sale (OFS) of ₹907.27 crore by existing investors.
3 min read
What our users have to say
Which SME IPOs are currently available for subscription?
The IPOs that are available for subscription current are: Grover Jewells IPO Closes on 06 Feb 2026,Brandman Retail IPO Closes on 06 Feb 2026
How does the process of investing in SME IPOs work?
Investing in SME IPOs follows a structured process. First, you need to log in to your trading account on Upstox. Next, browse the active SME IPOs and choose the one you want to invest in. Once you’ve selected the issue, you need to choose the IPO and the lot size you plan to buy, along with your bid price. After completing the application, provide your UPI ID for the payment process. Once the IPO closes, the allotment will be finalised. If you are allotted shares, the amount will be deducted from your account. The stock will be listed on the BSE SME or NSE Emerge platforms, where you can track their performances.
You can also apply for an IPO on the Upstox website by visiting https://upstx.gustya.com/ipo/ and logging in. Select an IPO from the Open IPOs list and press apply. Provide details like cutoff price, lot size, and your UPI ID for mandate. Approve the UPI mandate via your UPI app. Track your application status in the My Application tab
Frequently asked questions
How can I find out which SME IPOs are currently open for subscription?
To find out which SME IPOs are currently open for subscription, you can regularly check the Upstox app, and the BSE as well as NSE websites. These sources provide up-to-date listings of open SME IPOs, including subscription dates, issue sizes and bid details. Keep track of SME subscription details to stay informed about SME IPO trends.
What documents are necessary to invest in an SME IPO?
To invest in an SME IPO, you need a few important documents to ensure your eligibility. These include your PAN, which serves as proof of identity, and your Aadhaar card, for KYC (Know Your Customer) verification. You also need a bank account linked to UPI (Unified Payments Interface) for easy fund transfer during the application process. A Demat account is required to hold the shares post-allotment. Make sure that all these documents are valid and updated to avoid any issues during the application process.
What is the process for applying for a current SME IPO through Upstox?
To apply for a current SME IPO through Upstox, first log into your Upstox account and navigate to the IPO section. From there, browse the active SME IPOs and select the IPO you wish to invest in. Enter the number of lots you wish to apply for and specify the price band. Next, enter and link your UPI ID for payment authorisation. After submitting your application, the funds will be blocked in your account until the IPO allotment. Once the process is complete, you can track the allotment status on the platform.
Other IPO Links
How to apply for IPOs on Upstox
Step 1
Go to www.upstox.com/ipo or open the Upstox mobile app and select the IPO you wish to apply for from the 'Open IPO' section
Step 2
Click on apply, enter the lot size, price and provide your UPI mandate.
Step 3
Approve the UPI mandate on your UPI app and you are all set!
Other IPO Links