SME IPO in India 2022 (BSE SME, NSE Emerge)
- For privately held Small and medium enterprises (SME) businesses, an Initial Public Offering (IPO) on the BSE SME or NSE Emerge platform is the initial step in selling shares to the public. In India, small and medium-sized businesses (SMEs) can go public through an initial public offering (IPO) if their post-issue capital is between INR 1 crore and INR 25 crore.
- Small and medium-sized enterprises (SMEs) can conduct an SME initial public offering (IPO) on the BSE SME or NSE Emerge platforms.
- The easiest way for individual investors to participate in SME IPOs in India is to submit an online IPO application form through their stockbroker or bank. The banks accept both UPI and ASBA IPO applications, whereas brokers only accept UPI applications.
- Details on initial public offerings (IPOs) by small and medium-sized enterprises (SMEs) on the BSE SME and NSE SME exchanges in 2022 can be found in a list compiled specifically for this purpose. To learn more about a particular SME IPO, including its allotment status, bidding information, grey market premiums (GMP), news, and performance, just click on its name.
SME IPO List 2022 (IPO at BSE SME & NSE Emerge)
| Issuer Company | Exchange | Open | Close | Issue Price (Rs) | Issue Size (Rs Cr) |
| Puranik Builders Limited IPO | BSE, NSE | ||||
| Radiant Cash Management Services Limited IPO | BSE, NSE | Dec 23, 2022 | Dec 27, 2022 | ||
| RBM Infracon Limited IPO | NSE SME | Dec 23, 2022 | Dec 27, 2022 | 36 | 8.37 |
| Homesfy Realty Limited IPO | NSE SME | Dec 21, 2022 | Dec 23, 2022 | 197 | 15.86 |
| Moxsh Overseas Educon Limited IPO | NSE SME | Dec 21, 2022 | Dec 23, 2022 | 153 | 10.42 |
| Elin Electronics Limited IPO | BSE, NSE | Dec 20, 2022 | Dec 22, 2022 | 234.00 to 247.00 | 475 |
| KFin Technologies Limited IPO | BSE, NSE | Dec 19, 2022 | Dec 21, 2022 | 347.00 to 366.00 | 1500 |
| Arihant Academy Limited IPO | NSE SME | Dec 16, 2022 | Dec 21, 2022 | 90 | 14.72 |
| Uma Converter Limited IPO | NSE SME | Dec 15, 2022 | Dec 21, 2022 | 33 | 18.41 |
| Dollex Agrotech Limited IPO | NSE SME | Dec 15, 2022 | Dec 20, 2022 | 35 | 24.39 |
| Landmark Cars Limited IPO | BSE, NSE | Dec 13, 2022 | Dec 15, 2022 | 481.00 to 506.00 | 552 |
| Droneacharya Aerial Innovations Limited IPO | BSE SME | Dec 13, 2022 | Dec 15, 2022 | 54 | 33.97 |
| Sula Vineyards Limited IPO | BSE, NSE | Dec 12, 2022 | Dec 14, 2022 | 340.00 to 357.00 | 960.35 |
| Abans Holdings Limited IPO | BSE, NSE | Dec 12, 2022 | Dec 15, 2022 | 256.00 to 270.00 | 345.6 |
| All E Technologies Limited IPO | NSE SME | Dec 09, 2022 | Dec 13, 2022 | 90 | 48.2 |
| PNGS Gargi Fashion Jewellery Limited IPO | BSE SME | Dec 08, 2022 | Dec 13, 2022 | 30 | 7.8 |
| Arham Technologies Limited IPO | NSE SME | Dec 05, 2022 | Dec 07, 2022 | 42 | 9.58 |
| Uniparts India Limited IPO | BSE, NSE | Nov 30, 2022 | Dec 02, 2022 | 577 | 835.61 |
| Dharmaj Crop Guard Limited IPO | BSE, NSE | Nov 28, 2022 | Nov 30, 2022 | 237 | 251.15 |
| Baheti Recycling Industries Limited IPO | NSE SME | Nov 28, 2022 | Nov 30, 2022 | 45 | 12.42 |
| Pritika Engineering Components Limited IPO | NSE SME | Nov 25, 2022 | Nov 30, 2022 | 29 | 9.42 |
| AMBO Agritec Ltd IPO | BSE SME | Nov 21, 2022 | Nov 24, 2022 | 30 | 10.2 |
| Keystone Realtors Limited IPO | BSE, NSE | Nov 14, 2022 | Nov 16, 2022 | 541 | 635 |
| Inox Green Energy Services Limited IPO | BSE, NSE | Nov 11, 2022 | Nov 15, 2022 | 65 | 740 |
| Kaynes Technology India Ltd IPO | BSE, NSE | Nov 10, 2022 | Nov 14, 2022 | 587 | 857.82 |
| Five Star Business Finance Ltd IPO | BSE, NSE | Nov 09, 2022 | Nov 11, 2022 | 474 | 1593.45 |
| Archean Chemical Industries Limited IPO | BSE, NSE | Nov 09, 2022 | Nov 11, 2022 | 407 | 1462.31 |
| Global Health Limited IPO | BSE, NSE | Nov 03, 2022 | Nov 07, 2022 | 336 | 2205.57 |
| Bikaji Foods International Limited IPO | BSE, NSE | Nov 03, 2022 | Nov 07, 2022 | 300 | 881.22 |
| Technopack Polymers Limited IPO | BSE SME | Nov 02, 2022 | Nov 07, 2022 | 55 | 7.87 |
| Fusion Micro Finance Limited IPO | BSE, NSE | Nov 02, 2022 | Nov 04, 2022 | 368 | 1103.99 |
| Amiable Logistics (India) Limited IPO | NSE SME | Nov 02, 2022 | Nov 07, 2022 | 81 | 4.37 |
| DCX Systems Limited IPO | BSE, NSE | Oct 31, 2022 | Nov 02, 2022 | 207 | 500 |
| Vital Chemtech Limited IPO | NSE SME | Oct 31, 2022 | Nov 03, 2022 | 101 | 64.64 |
| Integrated Personnel Services Limited IPO | NSE SME | Oct 31, 2022 | Nov 02, 2022 | 59 | 12.74 |
| Rite Zone Chemcon India Ltd IPO | NSE SME | Oct 31, 2022 | Nov 02, 2022 | 75 | 8.96 |
| DAPS Advertising Limited IPO | BSE SME | Oct 31, 2022 | Nov 03, 2022 | 30 | 5.1 |
| Phantom Digital Effects Limited IPO | NSE SME | Oct 12, 2022 | Oct 14, 2022 | 95 | 29.1 |
| Tracxn Technologies Limited IPO | BSE, NSE | Oct 10, 2022 | Oct 12, 2022 | 80 | 309.38 |
| Electronics Mart India Limited IPO | BSE, NSE | Oct 04, 2022 | Oct 07, 2022 | 59 | 500 |
| Vedant Asset Limited IPO | BSE SME | Sep 30, 2022 | Oct 04, 2022 | 40 | 3 |
| Swastik Pipe Limited IPO | NSE SME | Sep 29, 2022 | Oct 03, 2022 | 100 | 62.52 |
| Pace E-Commerce Ventures Limited IPO | BSE SME | Sep 29, 2022 | Oct 13, 2022 | 103 | 66.53 |
| Frog Cellsat Limited IPO | NSE SME | Sep 29, 2022 | Oct 04, 2022 | 102 | 41.57 |
| Lloyds Luxuries Limited IPO | NSE SME | Sep 28, 2022 | Sep 30, 2022 | 40 | 24 |
| Silicon Rental Solutions Limited IPO | BSE SME | Sep 28, 2022 | Sep 30, 2022 | 78 | 21.15 |
| Cargosol Logistics Limited IPO | BSE SME | Sep 28, 2022 | Sep 30, 2022 | 28 | 7.56 |
| Cyber Media Research & Services Ltd IPO | NSE SME | Sep 27, 2022 | Sep 29, 2022 | 180 | 14.04 |
| QMS Medical Allied Services Ltd IPO | NSE SME | Sep 27, 2022 | Sep 30, 2022 | 121 | 56.87 |
| Concord Control Systems Limited IPO | BSE SME | Sep 27, 2022 | Sep 29, 2022 | 55 | 8.32 |
| Cargotrans Maritime Limited IPO | BSE SME | Sep 27, 2022 | Sep 29, 2022 | 45 | 4.86 |
| Reetech International Cargo and Courier Ltd IPO | BSE SME | Sep 27, 2022 | Sep 29, 2022 | 105 | 11.71 |
| Insolation Energy Limited IPO | BSE SME | Sep 26, 2022 | Sep 29, 2022 | 38 | 22.16 |
| Maagh Advertising And Marketing Services Ltd IPO | BSE SME | Sep 26, 2022 | Oct 04, 2022 | 60 | 9.12 |
| Steelman Telecom Limited IPO | BSE SME | Sep 26, 2022 | Sep 29, 2022 | 96 | 26.02 |
| Trident Lifeline Limited IPO | BSE SME | Sep 26, 2022 | Sep 29, 2022 | 101 | 35.34 |
| Mafia Trends Limited IPO | BSE SME | Sep 22, 2022 | Sep 27, 2022 | 28 | 3.6 |
| Containe Technologies Ltd IPO | BSE SME | Sep 20, 2022 | Sep 22, 2022 | 15 | 2.62 |
| Varanium Cloud Limited IPO | NSE SME | Sep 16, 2022 | Sep 20, 2022 | 122 | 36.6 |
| Maks Energy Solutions India Ltd IPO | NSE SME | Sep 16, 2022 | Sep 20, 2022 | 20 | 4 |
| Kandarp Digi Smart BPO Ltd IPO | NSE SME | Sep 16, 2022 | Sep 20, 2022 | 30 | 8.1 |
| Annapurna Swadisht Limited IPO | NSE SME | Sep 15, 2022 | Sep 19, 2022 | 70 | 30.25 |
| Harsha Engineers International Ltd IPO | BSE, NSE | Sep 14, 2022 | Sep 16, 2022 | 330 | 755 |
| Tapi Fruit Processing Ltd IPO | NSE SME | Sep 12, 2022 | Sep 14, 2022 | 48 | 5.21 |
| Ishan International Limited IPO | NSE SME | Sep 09, 2022 | Sep 14, 2022 | 80 | 18.24 |
| Sabar Flex India Limited IPO | NSE SME | Sep 08, 2022 | Sep 13, 2022 | 11 | 4.48 |
| Mega Flex Plastics Limited IPO | NSE SME | Sep 06, 2022 | Sep 09, 2022 | 40 | 11.4 |
| Shantidoot Infra Services Limited IPO | BSE SME | Sep 06, 2022 | Sep 09, 2022 | 81 | 4.02 |
| Tamilnad Mercantile Bank Limited IPO | BSE, NSE | Sep 05, 2022 | Sep 07, 2022 | 510 | 807.84 |
| Viviana Power Tech Limited IPO | NSE SME | Sep 05, 2022 | Sep 08, 2022 | 55 | 8.8 |
| Virtuoso Optoelectronics Limited IPO | BSE SME | Sep 02, 2022 | Sep 07, 2022 | 56 | 30.24 |
| EP Biocomposites Limited IPO | BSE SME | Aug 29, 2022 | Sep 05, 2022 | 126 | 6.35 |
| Jay Jalaram Technologies Ltd IPO | NSE SME | Aug 26, 2022 | Aug 30, 2022 | 36 | 10.8 |
| Ameya Precision Engineers Ltd IPO | NSE SME | Aug 25, 2022 | Aug 30, 2022 | 34 | 7.14 |
| Dipna Pharmachem Limited IPO | BSE SME | Aug 25, 2022 | Aug 30, 2022 | 38 | 15.21 |
| JFL Life Sciences Limited IPO | NSE SME | Aug 25, 2022 | Aug 30, 2022 | 61 | 18.17 |
| Dreamfolks Services Limited IPO | BSE, NSE | Aug 24, 2022 | Aug 26, 2022 | 326 | 562.1 |
| Naturo Indiabull Limited IPO | BSE SME | Aug 22, 2022 | Aug 24, 2022 | 30 | 10.92 |
| Rhetan TMT Limited IPO | BSE SME | Aug 22, 2022 | Aug 25, 2022 | 70 | 56 |
| Syrma SGS Technology Ltd IPO | BSE, NSE | Aug 12, 2022 | Aug 18, 2022 | 220 | 840 |
| Olatech Solutions Limited IPO | BSE SME | Aug 12, 2022 | Aug 19, 2022 | 27 | 1.89 |
| Veekayem Fashion and Apparels Limited IPO | NSE SME | Aug 05, 2022 | Aug 11, 2022 | 28 | 4.44 |
| Upsurge Seeds of Agriculture Limited IPO | NSE SME | Jul 29, 2022 | Aug 02, 2022 | 120 | 22.81 |
| Agni Green Power Limited IPO | NSE SME | Jul 20, 2022 | Jul 22, 2022 | 10 | 5.25 |
| Healthy Life Agritec Limited IPO | BSE SME | Jul 13, 2022 | Jul 18, 2022 | 10 | 10 |
| Mangalam Worldwide Limited IPO | NSE SME | Jun 30, 2022 | Jul 04, 2022 | 101 | 65.58 |
| SKP Bearing Industries Limited IPO | NSE SME | Jun 30, 2022 | Jul 05, 2022 | 70 | 30.8 |
| Jayant Infratech Limited IPO | BSE SME | Jun 30, 2022 | Jul 05, 2022 | 67 | 6.19 |
| B Right Realestate Limited IPO | BSE SME | Jun 30, 2022 | Jul 05, 2022 | 153 | 44.36 |
| Kesar India Limited IPO | BSE SME | Jun 30, 2022 | Jul 04, 2022 | 170 | 15.82 |
| Veerkrupa Jewellers Limited IPO | BSE SME | Jun 29, 2022 | Jul 08, 2022 | 27 | 8.1 |
| KCK Industries Limited IPO | NSE SME | Jun 27, 2022 | Jun 30, 2022 | 30 | 4.5 |
| Pearl Green Clubs and Resorts Limited IPO | BSE SME | Jun 27, 2022 | Jun 29, 2022 | 186 | 11.72 |
| Sailani Tours N Travels Limited IPO | BSE SME | Jun 27, 2022 | Jun 30, 2022 | 15 | 1.9 |
| Modi’s Navnirman Limited IPO | BSE SME | Jun 23, 2022 | Jun 28, 2022 | 180 | 22.68 |
| Goel Food Products Limited IPO | BSE SME | Jun 15, 2022 | Jun 20, 2022 | 72 | 7.21 |
| Scarnose International Limited IPO | BSE SME | Jun 14, 2022 | Jun 17, 2022 | 55 | 6.6 |
| Silver Pearl Hospitality & Luxury Spaces Ltd IPO | BSE SME | Jun 06, 2022 | Jun 09, 2022 | 18 | 9 |
| Fidel Softech Limited IPO | NSE SME | May 30, 2022 | Jun 02, 2022 | 37 | 13.51 |
| Aether Industries Limited IPO | BSE, NSE | May 24, 2022 | May 26, 2022 | 642 | 808.04 |
| Globesecure Technologies Limited IPO | NSE SME | May 23, 2022 | May 25, 2022 | 29 | 10.13 |
| eMudhra Limited IPO | BSE, NSE | May 20, 2022 | May 24, 2022 | 256 | 412.79 |
| Rachana Infrastructure Limited IPO | NSE SME | May 20, 2022 | Jun 02, 2022 | 135 | 76.28 |
| Ethos Limited IPO | BSE, NSE | May 18, 2022 | May 20, 2022 | 878 | 472.29 |
| Paradeep Phosphates Limited IPO | BSE, NSE | May 17, 2022 | May 19, 2022 | 42 | 1501.73 |
| Delhivery Limited IPO | BSE, NSE | May 11, 2022 | May 13, 2022 | 487 | 5235 |
| Venus Pipes & Tubes Limited IPO | BSE, NSE | May 11, 2022 | May 13, 2022 | 326 | 165.42 |
| Prudent Corporate Advisory Services Limited IPO | BSE, NSE | May 10, 2022 | May 12, 2022 | 630 | 538.61 |
| Life Insurance Corporation of India (LIC) IPO | BSE, NSE | May 04, 2022 | May 09, 2022 | 949 | 21008.48 |
| Sonu Infratech Limited IPO | NSE SME | Apr 29, 2022 | May 05, 2022 | 36 | 8.64 |
| Rainbow Children’s Medicare Limited IPO | BSE, NSE | Apr 27, 2022 | Apr 29, 2022 | 542 | 1580.85 |
| Campus Activewear Limited IPO | BSE, NSE | Apr 26, 2022 | Apr 28, 2022 | 292 | 1400.14 |
| Le Merite Exports Limited IPO | NSE SME | Apr 25, 2022 | Apr 28, 2022 | 75 | 48 |
| Fone4 Communications (India) Limited IPO | BSE SME | Apr 25, 2022 | Apr 27, 2022 | 10 | 6.8 |
| Nanavati Ventures Limited IPO | BSE SME | Apr 25, 2022 | Apr 27, 2022 | 50 | 2.18 |
| Global Longlife Hospital and Research Limited IPO | BSE SME | Apr 21, 2022 | Apr 25, 2022 | 140 | 49 |
| Shashwat Furnishing Solutions Limited IPO | BSE SME | Apr 20, 2022 | Apr 25, 2022 | 45 | 2.51 |
| Eighty Jewellers Limited IPO | BSE SME | Mar 31, 2022 | Apr 05, 2022 | 41 | 11.07 |
| Jeena Sikho Lifecare Limited IPO | NSE SME | Mar 30, 2022 | Apr 07, 2022 | 150 | 55.5 |
| Dhyaani Tile And Marblez Limited IPO | BSE SME | Mar 30, 2022 | Apr 04, 2022 | 51 | 2.45 |
| Sunrise Efficient Marketing Limited IPO | BSE SME | Mar 30, 2022 | Apr 05, 2022 | 121 | 16.7 |
| Hariom Pipe Industries Limited IPO | BSE, NSE | Mar 30, 2022 | Apr 05, 2022 | 153 | 130.05 |
| Veranda Learning Solutions Limited IPO | BSE, NSE | Mar 29, 2022 | Mar 31, 2022 | 137 | 200 |
| Uma Exports Limited IPO | BSE, NSE | Mar 28, 2022 | Mar 30, 2022 | 68 | 60 |
| Krishna Defence and Allied Industries Limited IPO | NSE SME | Mar 25, 2022 | Mar 29, 2022 | 39 | 11.89 |
| Ruchi Soya Industries Ltd FPO | BSE, NSE | Mar 24, 2022 | Mar 28, 2022 | 650 | 4300 |
| P. E. Analytics Limited IPO | NSE SME | Mar 22, 2022 | Mar 25, 2022 | 114 | 31.6 |
| Empyrean Cashews Limited IPO | NSE SME | Mar 21, 2022 | Mar 23, 2022 | 37 | 19.41 |
| Evoq Remedies Limited IPO | BSE SME | Mar 17, 2022 | Mar 22, 2022 | 27 | 9.72 |
| Achyut Healthcare Limited IPO | BSE SME | Mar 17, 2022 | Mar 22, 2022 | 20 | 3.6 |
| KN Agri Resources Limited IPO | NSE SME | Mar 15, 2022 | Mar 17, 2022 | 75 | 49.38 |
| Swaraj Suiting Limited IPO | NSE SME | Mar 15, 2022 | Mar 17, 2022 | 56 | 10.68 |
| Bhatia Colour Chem Limited IPO | BSE SME | Mar 14, 2022 | Mar 16, 2022 | 80 | 40 |
| Cool Caps Industries Limited IPO | NSE SME | Mar 10, 2022 | Mar 15, 2022 | 38 | 11.63 |
| SP Refractories Limited IPO | NSE SME | Mar 09, 2022 | Mar 11, 2022 | 90 | 4.92 |
| Shigan Quantum Technologies Limited IPO | NSE SME | Feb 28, 2022 | Mar 03, 2022 | 50 | 22.7 |
| Ekennis Software Service Limited IPO | BSE SME | Feb 21, 2022 | Feb 24, 2022 | 72 | 2.88 |
| Vaidya Sane Ayurved Laboratories Limited IPO | NSE SME | Feb 10, 2022 | Feb 15, 2022 | 73 | 20.23 |
| Richa Info Systems IPO | NSE SME | Feb 09, 2022 | Feb 11, 2022 | 125 | 10 |
| Vedant Fashions Limited IPO | BSE, NSE | Feb 04, 2022 | Feb 08, 2022 | 866 | 3149.19 |
| Maruti Interior Products Limited IPO | BSE SME | Feb 03, 2022 | Feb 08, 2022 | 55 | 11 |
| Safa Systems & Technologies Limited IPO | BSE SME | Jan 28, 2022 | Feb 01, 2022 | 10 | 4 |
| Adani Wilmar Limited IPO | BSE, NSE | Jan 27, 2022 | Jan 31, 2022 | 230 | 3600 |
| Quality RO Industries Limited IPO | BSE SME | Jan 27, 2022 | Feb 01, 2022 | 51 | 2.7 |
| AGS Transact Technologies Ltd IPO | BSE, NSE | Jan 19, 2022 | Jan 21, 2022 | 175 | 680 |
| Precision Metaliks Limited IPO | NSE SME | Jan 19, 2022 | Jan 24, 2022 | 51 | 21.93 |
| Dj Mediaprint & Logistics Limited FPO | BSE SME | Jan 18, 2022 | Jan 20, 2022 | 125 | 15 |
| Alkosign Limited IPO | BSE SME | Jan 18, 2022 | Jan 21, 2022 | 45 | 12.15 |
IPO Term:
Exchange: The stock market where it is planned that the IPO shares will be listed. BSE and NSE are where main IPOs are listed. The SME IPOs are listed on the respective exchange’s NSE EMERGE or BSE SME platform.
IPO Open Date / Issue Close Date: The date the IPO bidding process starts and the date it ends. An IPO is only open to investors during this time.
Lot Size: The smallest number of shares an investor can buy in an initial public offering (IPO). If the lot size is “400,” an investor must bid on at least 400 shares.
Price issue: The price for each share of stock. IPOs can be either “Book Building” or “Fixed Price.” Book Building initial public offerings (IPOs) will have a price range, like Rs 120–125, and investors must bid within that range. There is a set price to bid on a fixed price issue.
Issue Size: The total amount of money that the IPO is worth. You get it by multiplying the number of shares the company is selling by the price per share.
