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Horizon Reclaim (India) IPO Opens for Subscription; Recycled Rubber Manufacturer Targets Expansion in Circular Economy Sector

Horizon Reclaim (India) Limited has launched its IPO, attracting investor interest as demand for sustainable recycling and reclaimed rubber products continues to grow. The company aims to strengthen production capacity, support working capital requirements, and capitalize on opportunities in India's expanding recycling and environmental sustainability market.

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Utkal Speciality Industries IPO Opens This Week; Paper and Packaging Manufacturer Eyes Growth Expansion

Utkal Speciality Industries Limited has launched its SME IPO this week, aiming to strengthen its manufacturing operations and expand its presence in India's growing paper and packaging sector. The company has attracted investor attention amid rising demand for sustainable packaging materials and specialty paper products.

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GenXAI Analytics IPO Opens Tomorrow; AI and Analytics Firm Targets ₹54.84 Crore NSE SME Listing

GenXAI Analytics Limited is set to launch its SME IPO on June 5, 2026, aiming to raise ₹54.84 crore through a fresh issue of shares. The AI-driven enterprise analytics company has gained strong market attention due to rising demand for artificial intelligence, enterprise automation, and digital transformation solutions across India’s corporate sector.

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UHM Vacation IPO Opens Next Week; Travel and Hospitality Firm Plans ₹48 Crore NSE SME Listing

UHM Vacation Limited is set to launch its SME IPO next week, aiming to raise approximately ₹48 crore through a fresh issue of shares. The travel and hospitality company has attracted market attention amid rising tourism demand, strong post-pandemic recovery in the travel sector, and growing interest in organized vacation management businesses.

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Hexagon Nutrition IPO Opens Tomorrow; Nutrition and Wellness Company Targets ₹138.87 Crore Mainboard Listing

Hexagon Nutrition Limited is set to launch its mainboard IPO on June 5, 2026, aiming to raise ₹138.87 crore through an offer-for-sale (OFS). The Mumbai-based nutrition company has gained strong investor attention due to rising healthcare awareness, expanding global exports, and growing demand for clinical and wellness nutrition products.

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SMR Jewels IPO Opens on May 26; Heritage Jewellery Maker Targets ₹67 Crore Fundraise Through BSE SME Issue

SMR Jewels Limited is set to launch its SME IPO on May 26, 2026, aiming to raise approximately ₹67 crore through a combination of fresh issue and offer-for-sale. The designer heritage jewellery company has attracted investor attention due to its specialized product portfolio, growing presence in the bridal jewellery segment, and expansion plans across India's organized jewellery market.

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Yaashvi Jewellers IPO Opens Today; Jaipur-Based Gold Jewellery Manufacturer Targets ₹43.88 Crore Fundraise

Yaashvi Jewellers Limited has launched its SME IPO today, aiming to raise ₹43.88 crore through a fresh issue of shares. The Jaipur-based gold jewellery manufacturer has attracted investor attention due to its strong revenue growth, improving profitability, and expanding presence in the organized jewellery market.

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Merritronix IPO to Open on June 1; Electronics Manufacturing Firm Eyes ₹70 Crore Fundraise

Merritronix Limited is set to launch its SME IPO on June 1, 2026, aiming to raise ₹70.03 crore through a fresh issue of shares. The Hyderabad-based electronics manufacturing company plans to utilize the proceeds for capacity expansion, working capital requirements, debt repayment, and business growth initiatives.

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Harikanta Overseas IPO Opens Today; Surat Textile Exporter Targets ₹25.63 Crore Fundraise

Harikanta Overseas Limited launched its SME IPO today with the company aiming to raise ₹25.63 crore through a fresh issue of shares. The Surat-based synthetic textile manufacturer plans to utilize the proceeds for business expansion, working capital requirements, and strengthening manufacturing operations.

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Vegorama Punjabi Angithi IPO Opens Today; QSR Brand Attracts Investor Attention Amid Strong GMP

Vegorama Punjabi Angithi Limited launched its SME IPO today with positive grey market sentiment and rising investor interest in the food and cloud kitchen sector. The Delhi-based quick service restaurant (QSR) brand aims to raise around ₹38 crore through the public issue.

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M R Maniveni Foods IPO Opens on May 22; South India Snack Maker Plans ₹31 Crore Expansion

M R Maniveni Foods Limited is set to launch its SME IPO on May 22, 2026, aiming to raise nearly ₹31 crore through a fresh issue of shares. The Tamil Nadu-based packaged snacks and food products company plans to utilize the IPO proceeds for manufacturing expansion, working capital requirements, and brand growth initiatives.

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Autofurnish IPO to Open on May 21; Auto Accessories SME Issue Targets ₹14.60 Crore Fundraise

Autofurnish Limited is set to launch its SME IPO on May 21, 2026, with the company aiming to raise ₹14.60 crore through a fixed-price issue. The Delhi-based automotive accessories manufacturer plans to utilize the proceeds for machinery expansion, working capital requirements, and business growth initiatives.

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Bio Medica Laboratories IPO Opens for Subscription; Pharma SME Issue Draws Strong Market Attention

Bio Medica Laboratories Limited launched its SME IPO today with the company aiming to raise fresh capital for manufacturing expansion and working capital needs. The pharmaceutical company’s public issue has gained investor attention amid growing demand in India’s healthcare and pharma sector.

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Teamtech Formwork Solutions IPO to Open on May 19; Company Targets ₹50 Crore Fundraise

Teamtech Formwork Solutions Limited is set to launch its SME IPO on May 19, 2026, with the company aiming to raise ₹50.15 crore through a fresh issue of shares. The Hyderabad-based construction solutions company plans to use the proceeds for a new manufacturing unit, debt repayment, and working capital expansion.

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NFP Sampoorna Foods IPO to Open on May 18; Dry Fruits Company Plans ₹25 Crore Fundraise

NFP Sampoorna Foods Limited is set to launch its SME IPO on May 18, 2026, with the company aiming to raise around ₹24.53 crore through a fresh issue of shares. The Delhi-based food processing company plans to utilize the proceeds for debt repayment, working capital needs, and expansion of its dry fruits business.

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RFBL Flexi Pack IPO Opens Today; ₹35 Crore Issue Targets Debt Reduction and Business Expansion

RFBL Flexi Pack Limited launched its SME IPO today with a price band of ₹47–₹50 per share. The Gujarat-based flexible packaging manufacturer plans to utilize the IPO proceeds mainly for debt repayment, working capital, and future expansion initiatives.

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Bagmane Prime Office REIT IPO Fully Subscribed on Day 2 Amid Strong Investor Demand

Bagmane Prime Office REIT IPO witnessed strong investor participation and achieved full subscription on the second day of bidding. Backed by premium office assets in Bengaluru and major institutional interest, the ₹3,405 crore REIT issue continues to gain traction in the market.

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Simca Advertising IPO to Open on May 8, Targets ₹58 Crore Through NSE SME Listing

Simca Advertising Limited is set to launch its SME IPO on May 8, 2026, aiming to raise ₹58.04 crore through a book-building issue. The outdoor advertising company plans to strengthen its digital OOH presence and expand operations across major Indian cities.

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Recode Studios IPO Sees Massive Subscription on Final Day as Retail Investors Rush In

Recode Studios IPO received an overwhelming response from investors on the final day of bidding, with strong participation from retail and high-net-worth investors. The beauty and personal care company’s SME issue has emerged as one of the most talked-about IPOs this week.

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Leapfrog Engineering IPO to Open April 23; EPCC Specialist Sets ₹21–₹23 Price Band for ₹88.51 Crore SME Issue

Bengaluru-based Leapfrog Engineering Services Limited, an integrated Engineering, Procurement, Construction, and Commissioning (EPCC) firm, is launching its ₹88.51 crore initial public offering on Thursday, April 23, 2026. Specializing in high-end electrical, automation, and fire safety solutions for heavy industries like Oil & Gas and Pharma, the company is seeking capital to establish a new assembly unit and strengthen its global presence.

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Citius Transnet InvIT IPO: Day 2 Update; Institutional Interest Surges as Issue Heads Toward Full Subscription

Citius Transnet Investment Trust, the infrastructure-focused yield platform, has entered its second day of bidding with strong momentum. Following a robust anchor round from global funds, the ₹1,105 crore issue is seeing steady demand from institutional and non-institutional investors seeking stable, long-term returns from its portfolio of 10 major road assets.

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Safety Controls & Devices IPO Opens Today; EPC Specialist Eyes ₹48 Crore to Fuel Power & Infra Expansion

Lucknow-based Safety Controls & Devices Limited, an integrated EPC (Engineering, Procurement, and Construction) player, has launched its ₹48.00 crore IPO on the BSE SME platform. With a strong order book of over ₹139 crore and a focus on government-backed power transmission and solar projects, the company aims to use the proceeds to stabilize its working capital and pare down existing debt.

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Emiac Technologies IPO to Open March 27; AI-Driven Digital Powerhouse Eyes ₹31.75 Crore on BSE SME Platform

Jaipur-based Emiac Technologies Limited, a specialist in AI-powered digital marketing and business automation, has officially announced its ₹31.75 crore initial public offering. Opening on Friday, March 27, 2026, the company has fixed a price band of ₹93–₹98 per share, aiming to fund its next phase of global client acquisition and high-end tech infrastructure.

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Vivid Electromech IPO to Open March 25; Electrical Panel Giant Sets ₹528–₹555 Price Band for ₹131 Crore SME Debut

Mumbai-based Vivid Electromech Limited, a specialized manufacturer of Low Voltage (LV) and Medium Voltage (MV) electrical panels, is launching its ₹130.54 crore SME IPO on Wednesday, March 25, 2026. With a strong focus on the data center and renewable energy sectors, the company is looking to utilize the fresh capital to settle debts and fuel its next phase of operational expansion.

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Highness Microelectronics IPO Opens Tomorrow; Rugged Display Specialist Sets ₹114–₹120 Price Band for BSE SME Debut

Mumbai-based Highness Microelectronics Limited, a specialized manufacturer of high-reliability digital imaging and rugged display solutions, is launching its ₹21.67 crore IPO on Tuesday, March 24, 2026. The company, which serves mission-critical sectors like Defense, Railways, and Healthcare, is seeking capital to establish a new assembly line in Mumbai and bolster its working capital for large-scale infrastructure projects.

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Sai Parenterals IPO to Open March 24; Pharma Major Sets ₹372–₹392 Price Band for ₹409 Crore Mainboard Issue

Hyderabad-based pharmaceutical formulation specialist Sai Parenterals Limited has officially announced its IPO price band as it prepares to list on the NSE and BSE. The ₹409 crore offering is strategically timed to fund the company’s aggressive expansion into international markets, including a high-profile acquisition in Australia and the establishment of a state-of-the-art R&D center.

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Novus Loyalty IPO Day 2: Tech-Driven Rewards Firm Sees Steady Retail Interest; GMP Remains Flat Amid Valuation Debates

Novus Loyalty Limited, a Gurugram-based "Loyalty-as-a-Service" provider, is currently in the midst of its ₹60.15 crore SME IPO. While the retail segment showed an early lead on Day 1, the overall subscription remains at a balanced pace as investors weigh the company’s explosive H1-FY26 profit growth against its aggressive pricing in a competitive SaaS market.

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GSP Crop Science IPO Day 3: Final Bidding Today; Issue 96% Subscribed Amid Strong HNI Interest and Muted Retail Response

The ₹400 crore mainboard IPO of Ahmedabad-based GSP Crop Science concludes its three-day subscription window today. While the overall issue is nearly fully booked at 96% (as of Day 2 close), a stark divide has emerged between institutional enthusiasm and retail caution, with the Grey Market Premium (GMP) remaining flat at par.

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CMPDI IPO Anchor Round Starts Today; Coal India Subsidiary Sets ₹172 Price Band for ₹1,842 Crore Issue

Central Mine Planning & Design Institute (CMPDI), the technical "brain" of India’s coal sector and a Mini Ratna subsidiary of Coal India, has opened its Anchor Investor bidding today, March 18, 2026. This 100% Offer for Sale (OFS) is part of the government’s strategic push to list all Coal India subsidiaries, following the blockbuster listing of Bharat Coking Coal (BCCL) earlier this year.

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Speciality Medicines IPO Set to Open on March 20; Pharma Marketer Targets ₹29 Crore for Global R&D and Expansion

Ahmedabad-based Speciality Medicines Limited, a high-growth distributor of specialty pharmaceutical formulations (oncology, immunology, and neurology), is launching its ₹29.14 crore SME IPO this Friday. With a price band of ₹117 to ₹124, the company aims to transition from a pure distribution model to a research-driven entity by setting up its own R&D center and accelerating international product registrations.

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GSP Crop Science IPO Opens Today; Agrochemical Leader Targets ₹400 Crore for Debt Reduction & R&D Expansion

Ahmedabad-based GSP Crop Science Limited, a research-driven agrochemical manufacturer with over 40 years of industry presence, has launched its ₹400 crore mainboard IPO today. Following a successful ₹120 crore anchor round, the company is offering a mix of fresh equity and an Offer for Sale (OFS) to strengthen its balance sheet and capitalize on the rising global demand for crop protection solutions.

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Tipco Engineering India IPO to Open Next Week; Industrial Machinery Player Sets Price Band at ₹84–₹89

Tipco Engineering India Limited, a Haryana-based specialist in industrial process machinery, has finalized its plans for a ₹60.55 crore IPO on the BSE SME platform. As the only SME issue currently scheduled to launch next week, it is drawing significant attention from investors tracking high-growth industrial manufacturing. The company aims to use the funds primarily to become debt-free and expand its working capital.

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Novus Loyalty IPO Anchor Round Goes Live Today; Gurugram Tech Firm Eyes ₹60 Crore for Loyalty SaaS Expansion

Novus Loyalty Limited, a B2B technology provider specializing in digital rewards and loyalty infrastructure, has opened its Anchor Investor bidding today, March 16, 2026. The company is launching its ₹60.15 crore SME IPO to fund new product development and aggressive marketing. With a price band of ₹139 to ₹146, the issue is set to open for public subscription tomorrow, March 17.

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Elfin Agro India IPO Opens Today; Bhilwara-Based Staple Food Giant Eyes ₹25 Crore to Fuel Expansion

Elfin Agro India Limited, an established agro-processing player specializing in high-fiber wheat products and edible oils, launched its ₹25.03 crore BSE SME IPO today. With a strong presence across 8 states and brands like "Shiv Nandi," the company is offering fresh equity to optimize its working capital and capitalize on the growing demand for packaged ethnic staples.

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Rajputana Stainless IPO Set to Open Monday; Price Band Fixed at ₹116–₹122 for ₹255 Crore Issue

Rajputana Stainless Limited, a prominent Gujarat-based manufacturer of high-grade stainless steel long and flat products, has finalized the details for its ₹254.98 crore mainboard IPO. The company, which serves critical sectors like aerospace, defense, and oil & gas, is entering the market to fund a major forward-integration project into the high-margin seamless pipe segment.

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Srinibas Pradhan Constructions IPO Opens Tomorrow; Odisha-Based Infrastructure Player Targets ₹20 Crore for Growth

Srinibas Pradhan Constructions Limited (SPCL), a key player in Odisha’s infrastructure sector, is set to launch its ₹20.32 crore SME IPO on the NSE Emerge platform tomorrow. The company, which boasts a robust order book of over ₹184 crore, is offering a mix of fresh equity and an Offer for Sale (OFS) to fund its working capital and strengthen its balance sheet for larger government tenders.

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Acetech E-Commerce IPO Day 2; Retail Interest Picks Up Despite Flat Grey Market Premium

Acetech E-Commerce Limited, a tech-driven dropshipping and cross-border retail specialist, is currently in the middle of its ₹48.95 crore IPO on the NSE SME platform. While the grey market remains quiet, the issue has seen steady participation from retail investors attracted by the company’s 71% profit growth and its strategic shift from an LLP to a public powerhouse.

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Yaap Digital IPO Opens Today; Mukul Agrawal & Sunil Singhania-Backed Agency Aims for ₹80 Crore

Yaap Digital Limited, a high-tech digital marketing and content agency with operations in India, UAE, and Singapore, launched its ₹80.11 crore NSE SME IPO today. Backed by marquee investors like Mukul Agrawal and Sunil Singhania, the company plans to use the proceeds to acquire creative agency GoZoop and establish a cutting-edge AI-led content production hub.

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Striders Impex IPO to Open Feb 26 Disney-Partnered Toy Distributor Targets ₹36 Crore for UAE Expansion

Mumbai-based Striders Impex Limited, a fast-growing player in the toys and kids' consumer merchandise segment, is set to launch its ₹36.29 crore SME IPO tomorrow. With a portfolio that includes global licenses like Disney and Hamleys, the company is looking to utilize public funds to solidify its footprint in the Middle East and scale its proprietary brand network.

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Omnitech Engineering IPO to Open Feb 25; Precision Component Giant Targets ₹583 Crore for Global Expansion

Rajkot-based Omnitech Engineering Limited, a high-precision manufacturer for global energy and aerospace giants, is launching its ₹583 crore Mainboard IPO this Wednesday. Backed by a massive ₹1,764 crore order book and a 132% surge in annual profits, the company aims to use the fresh capital to build two new manufacturing facilities and slash its debt.

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Accord Transformer IPO Opens Today; BSE SME Issue Surges on Day 1 with 37% Grey Market Premium

Accord Transformer & Switchgear Limited, a specialist in electrical infrastructure and EV charging solutions, has launched its ₹25.59 crore IPO today. Driven by strong demand in the power sector and strategic partnerships with global leaders like Schneider Electric, the issue is already seeing significant retail traction and commanding one of the highest premiums among this week’s SME offerings.

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Manilam Industries IPO to Open Feb 20; Decorative Laminate Maker Targets ₹40 Crore for Pan-India Retail Push

Kolkata-based Manilam Industries India Limited, a leading manufacturer of decorative laminates and plywood, is set to launch its ₹39.95 crore NSE SME IPO this Friday. With a massive portfolio of 1,000+ designs and established experience centers in major metros, the company aims to use the fresh capital to settle debts and significantly expand its working capital for a nationwide B2C brand offensive.

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Mobilise App Lab IPO to Open Feb 23; SaaS Solutions Provider Aims for ₹20 Crore on NSE Emerge

Faridabad-based Mobilise App Lab Limited, a specialized SaaS (Software as a Service) provider, has announced its ₹20.10 crore SME IPO. The company, which provides cloud-based ERP solutions for sectors like healthcare and education, is set to open its doors to public investors next Monday with a price band of ₹75 to ₹80.

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Yashhtej Industries IPO Opens Today; Soybean Specialist Aims for ₹89 Crore to Fuel Edible Oil Expansion

Latur-based Yashhtej Industries (India) Limited, a rising player in the soybean processing and agro-commodity sector, has launched its ₹88.88 crore SME IPO today. The company, which specializes in soybean crude oil and de-oiled cake (DOC), is offering shares at a fixed price of ₹110 to fund major capital expenditures and diversify into solar energy.

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PNGS Reva Diamond IPO to Open Feb 24; Diamond Arm of P.N. Gadgil & Sons Sets Price Band at ₹367–₹386

PNGS Reva Diamond Jewellery Limited, a high-margin spin-off from the legendary P.N. Gadgil & Sons group, has finalized the details for its ₹380 crore Mainboard IPO. The issue, which is entirely a fresh sale of shares, aims to fund a massive expansion—transitioning from its current "shop-in-shop" model to a dominant standalone retail presence in the affordable luxury diamond segment.

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CleanMax Enviro Energy IPO to Open Feb 23; Brookfield-Backed Giant Sets ₹3,100 Crore Price Band

Mumbai-based Clean Max Enviro Energy Solutions, India’s largest renewable energy provider for the commercial and industrial (C&I) sector, has announced its ₹3,100 crore mainboard IPO. Following a successful pre-IPO funding round from Temasek and Bain Capital, the company is set to hit the market next Monday, targeting a valuation of over ₹12,300 crore.

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Gaudium IVF IPO: India’s First Specialized Fertility Player to Open Feb 20; Anchor Bidding Starts Today

New Delhi-based Gaudium IVF & Women Health Limited, a pioneer in Assisted Reproductive Technology (ART), is set to make stock market history as the first specialized fertility services provider to list in India. The ₹165 crore IPO will officially open for public subscription this Friday, following the Anchor Investor bidding process which is taking place today, February 18.

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Fractal Analytics IPO Closes Today; India’s First AI Unicorn Eyes ₹2,834 Crore Amid Muted Grey Market Buzz

Global AI powerhouse Fractal Analytics Limited enters the final day of its public offering today, February 11, 2026. While the issue received massive backing from anchor investors like SBI MF and Goldman Sachs, retail and HNI demand has been measured as investors weigh high valuations against the company's "pure-play AI" moat.

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NFP Sampoorna Foods IPO Lists Today; Dry Fruit Specialist Debuts on NSE SME After Solid Demand

New Delhi-based NFP Sampoorna Foods Limited, a specialized processor and distributor of premium dry fruits and makhana, is officially listing on the NSE SME platform today. Following a successful subscription window earlier this month, the company enters the secondary market with a focus on using its ₹24.53 crore proceeds to scale its "B2C" healthy snacking brand.

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PAN HR Solutions IPO Day 2: B2B Manpower Specialist Subscribed 1.09x; Institutional Demand Drives Full Booking

Noida-based PAN HR Solutions Limited, a comprehensive provider of staffing and workforce management solutions, has achieved full subscription on the second day of its ₹17.04 crore SME IPO. While institutional investors have shown strong interest, retail participation remains cautious as the issue approaches its final day of bidding.

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Marushika Technology IPO to Open Feb 12; IT Infra & Defense Specialist Seeks ₹27 Crore for Growth

Delhi-based Marushika Technology Limited, an integrated provider of IT, telecom infrastructure, and specialized defense auto-tech solutions, has finalized its ₹26.97 crore SME IPO. The company, which serves high-profile clients like Bharat Electronics (BEL) and the National Security Guard (NSG), is set to open its bidding process this Thursday at a price band of ₹111–₹117.

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Biopol Chemicals IPO Day 2: Speciality Chemicals Player Subscribed 0.13x; Subscription Window Closes Tomorrow

Ahmedabad-based Biopol Chemicals Limited, a manufacturer of silicone-based speciality chemicals, enters the second day of its public bidding with a cautious response from investors. The ₹31.26 crore NSE SME issue, priced between ₹102 and ₹108, is primarily being raised to fund industrial land acquisition in Gujarat and reduce existing company debt.

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Aye Finance IPO Closes Today; Subscription Reaches 16% as Investors Weigh High Churn vs. MSME Growth

Alphabet-backed Aye Finance Limited, an NBFC focused on the micro-enterprise (MSME) sector, sees its ₹1,010 crore IPO enter its final subscription day. While the company boasts a massive reach across 18 states, concerns over high employee attrition and rising NPAs have led to a cautious response from the market.

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Fractal Analytics IPO: India’s First AI Unicorn Sets Price Band at ₹857–₹900; Public Issue to Open February 9

Global AI giant Fractal Analytics Limited has officially announced its price band and timeline for its ₹2,834 crore initial public offering. Backed by TPG and Apax Partners, the company is seeking a valuation of approximately ₹15,474 crore as it gears up to become the first major AI-focused firm to list on the Indian bourses.

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Grover Jewells IPO Set to Open Feb 4; Wholesale Gold Specialist Eyes ₹33.83 Crore for Working Capital

New Delhi-based Grover Jewells Limited, a major player in the wholesale gold jewellery and casting segment, is preparing to launch its ₹33.83 crore SME IPO this Wednesday. With a price band of ₹83–₹88, the company aims to fuel its B2B expansion across India and international markets like Australia and the UAE.

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Biopol Chemicals IPO: Speciality Chemicals Firm Sets Price Band at ₹102–₹108; Bidding Opens February 6

Ahmedabad-based Biopol Chemicals Limited, a manufacturer and distributor of high-demand speciality chemicals for textiles and home care, is launching its ₹31.26 crore SME IPO. The public subscription period is scheduled to open this Friday, February 6, 2026, on the NSE SME platform.

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Brandman Retail IPO: Athleisure Specialist Sets Price Band at ₹167–₹176; Public Issue Opens Feb 4

New Delhi-based Brandman Retail Limited, a key distributor for global giants like New Balance, On, and Salomon, has announced its ₹86.09 crore SME IPO. The company, which operates a high-growth "asset-light" retail model across 19 stores in North India, will open its bidding window tomorrow, Wednesday, February 4, 2026.

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Kanishk Aluminium IPO Enters Day 2: Aluminium Extrusion Specialist Bids for ₹29.2 Crore to De-leverage Balance Sheet

Rajasthan-based Kanishk Aluminium India Limited, a manufacturer of aluminum profiles and the brand "Baari by Kanishk," is in the second day of its public offering. The ₹29.20 crore SME IPO is a fixed-price issue aiming to strengthen the company’s financials by significantly reducing its debt.

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Msafe Equipments IPO Day 2: Height-Safety Leader Subscribed 3.67x; Retail Interest Surges on Strong Financials

Greater Noida-based Msafe Equipments Limited, a specialized manufacturer and rental provider of scaffolding and height-safety solutions, is seeing robust demand on the second day of its ₹66.42 crore SME IPO. Backed by a 48% revenue growth in FY25, the issue is currently oversubscribed as investors eye the booming infrastructure safety market.

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Accretion Nutraveda IPO Opens Today; Ayurvedic & Nutraceutical Player Seeks ₹24.77 Crore for Automation

Ahmedabad-based Accretion Nutraveda Limited, a specialized manufacturer of Ayurvedic and nutraceutical formulations, has opened its ₹24.77 crore SME IPO today, Tuesday, January 27, 2026. The company, which operates a WHO-GMP certified facility, is offering shares in the price band of ₹122 to ₹129 to fund its next phase of manufacturing automation and global expansion.

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Shayona Engineering IPO Closes Today; Subscribed 1.41x So Far with Strong Institutional Interest

Vadodara-based Shayona Engineering Limited, a diversified provider of precision engineering and piping solutions, sees its ₹14.86 crore SME IPO enter its final hours of bidding today, Tuesday, January 27, 2026. While the overall demand has been moderate, the issue has seen a strong pull from institutional buyers as it prepares for its debut on the BSE SME platform.

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CKK Retail Mart IPO: FMCG & Sugar Distributor Sets Price Band at ₹155–₹163; Anchor Bidding Starts Jan 29

Mumbai-based CKK Retail Mart Limited, a prominent distributor of packaged agro-commodities and carbonated beverages, has announced its ₹88.02 crore SME IPO. The company, which recently expanded into branded juices with "FruitzzzUp," is scheduled to open its public subscription window this coming Friday, January 30, 2026.

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Hannah Joseph Hospital IPO Closes Today; Subscribed 0.59x So Far with Focus on Oncology Expansion

Madurai-based Hannah Joseph Hospital Limited, a specialist in Neurosciences and Trauma care, sees its ₹42 crore SME IPO enter its final day of bidding today, Tuesday, January 27, 2026. While institutional interest has remained steady, retail participation has been cautious as the hospital eyes major expansion into the radiation oncology sector.

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Accretion Nutraveda IPO: Ayurvedic CDMO Sets Price Band at ₹122–₹129; Public Issue Opens Jan 27

Ahmedabad-based Accretion Nutraveda Limited, a specialized manufacturer of Ayurvedic and nutraceutical products, is set to launch its ₹24.77 crore SME IPO on Tuesday, January 27, 2026. Operating as a Contract Development and Manufacturing Organization (CDMO), the company is seeking funds to automate its current facilities and set up a new manufacturing unit to meet growing global demand.

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NFP Sampoorna Foods IPO: Dry Fruit Specialist Sets Price Band at ₹52–₹55; Public Issue Opens Jan 27

NFP Sampoorna Foods Limited, a growing player in the processing and distribution of premium dry fruits like cashews, almonds, and makhana, has announced its ₹24.53 crore SME IPO. The public subscription period is scheduled to begin on Tuesday, January 27, 2026, on the NSE SME platform.

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Shayona Engineering IPO: Vadodara-Based Precision Manufacturer Sets Price Band at ₹140–₹144; Opens Tomorrow

Precision engineering specialist Shayona Engineering Limited is all set to launch its ₹14.86 crore SME IPO tomorrow, January 22, 2026. The company, known for its expertise in heavy fabrication and advanced piping solutions, has seen its grey market premium (GMP) remain steady ahead of the bidding window.

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Hannah Joseph Hospital IPO: Madurai-Based Tertiary Care Firm Sets Price Band at ₹67–₹70; Opens Tomorrow

Hannah Joseph Hospital Limited, a specialized multi-specialty hospital in Madurai focused on Neurosciences and Trauma care, is launching its ₹42 crore SME IPO. The anchor investor bidding window has opened today, January 21, 2026, ahead of the public issue which opens for bidding tomorrow, Thursday.

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Shadowfax Technologies IPO: Flipkart-Backed Logistics Giant Sets Price Band at ₹118–₹124; Anchor Bidding Opens Today

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Digilogic Systems IPO: Defence Tech Firm Opens Anchor Book Today; Price Band Fixed at ₹98–₹104

Hyderabad-based Digilogic Systems Limited, a specialist in automated test equipment for the defence and aerospace sectors, is launching its ₹81 crore SME IPO. The anchor portion of the issue opens today, January 19, 2026, with the public subscription period set to run from tomorrow, January 20, until January 22.

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Aritas Vinyl IPO Enters Day 2 with 0.44x Subscription; Muted GMP Signals Flat Debut

The book-built SME IPO of Ahmedabad-based technical textile manufacturer Aritas Vinyl Limited is currently open for public bidding. As of today, Monday, January 19, 2026, the issue has seen a moderate response from investors, with the Grey Market Premium (GMP) currently trading at ₹0, suggesting a cautious market outlook ahead of its closing tomorrow.

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Amagi Media Labs IPO: SaaS Unicorn Sets Price Band at ₹343–₹361; Anchor Bidding Starts Today

Bengaluru-based cloud-native SaaS unicorn Amagi Media Labs is set to launch its ₹1,789 crore initial public offering tomorrow, January 13, 2026. As a global leader in cloud-based broadcast and Connected TV (CTV) technology, the company has attracted significant attention, with anchor investor bidding taking place today, January 12.

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GRE Renew Enertech IPO to Open Tomorrow; Solar EPC Player Sets Price Band at ₹100–₹105

Mehsana-based solar energy solutions provider, GRE Renew Enertech Ltd, is launching its ₹39.56 crore SME IPO tomorrow, January 13, 2026. The company, which operates on both CAPEX and RESCO models, has opened its anchor book today, drawing early interest from institutional investors.

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Narmadesh Brass Industries IPO Opens; Jamnagar-Based Manufacturer Subscribed 0.49x on Day 1

The fixed-price SME IPO of Narmadesh Brass Industries Ltd has opened for public subscription today, January 12, 2026. The company, a prominent player in Gujarat’s "Brass City," aims to raise ₹44.87 crore. On its first day, the issue saw moderate interest with a subscription of 49% (0.49x), while the Grey Market Premium (GMP) remains flat.

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Defrail Technologies IPO Subscription Reaches 2.08x on Final Day of Bidding

The SME IPO of Faridabad-based rubber component manufacturer, Defrail Technologies Ltd, is seeing steady demand as it reaches its final bidding day today, January 12, 2026. With a price band of ₹70–₹74, the issue has been oversubscribed, primarily driven by retail investors.

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Indo SMC IPO to Open Tomorrow; Ashish Kacholia-Backed Firm Sets Price Band at ₹141–₹149

The much-anticipated SME IPO of Indo SMC Limited, a leading manufacturer of electrical enclosure boxes and composite materials, is set to open for public bidding tomorrow, January 13, 2026. Backed by marquee investor Ashish Kacholia, the company aims to raise ₹91.95 crore to fund its aggressive expansion plans in the power infrastructure sector.

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Armour Security India IPO to Open Jan 14; Specialized Manpower Firm Sets Price Band at ₹55–₹57

New Delhi-headquartered Armour Security (India) Limited, a provider of manned guarding and facility management services, has announced its ₹26.51 crore SME IPO. The issue is scheduled to open for subscription this Wednesday, January 14, 2026, as the company seeks to fund its nationwide expansion and working capital needs.

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Avana Electrosystems IPO Debuts with Strong Retail Interest; Subscribed 1.61x on Day 1

The NSE SME IPO of Bengaluru-based Avana Electrosystems Ltd, a manufacturer of specialized control and relay panels, has opened for bidding today, January 12, 2026. With a price band of ₹56–₹59, the issue has already seen a healthy response, particularly from retail investors, as the company looks to raise ₹35.22 crore.

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Defrail Technologies Announces ₹13.77 Crore SME IPO; Subscription Opens Jan 9 with Price Band at ₹70–74

Defrail Technologies Limited, an RDSO-approved manufacturer of rubber components for the automotive, railway, and defense sectors, has finalized its BSE SME listing plans. The company aims to raise ₹13.77 crore through an entirely fresh issue of shares to fund its capital expenditure and solar power initiatives at its Faridabad facilities.

Upcoming IPO

SBI Mutual Fund Finalizes 9-Bank Syndicate for $1.4 Billion IPO; Valuation Eyes ₹1.15 Lakh Crore

SBI Funds Management Limited, the asset management arm of the State Bank of India, has officially kicked off its IPO process for a H1 2026 debut. The company has appointed a powerhouse consortium of nine investment banks to manage the ₹11,000–₹12,500 crore public issue, which will see promoters SBI and Amundi divest a combined 10% stake.

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Avana Electrosystems Announces ₹35 Crore IPO; Subscription Opens January 12 at ₹56–59 Price Band

Avana Electrosystems Limited, a specialist in customized control and relay panels for high-voltage power systems, has announced its entry into the public market via the NSE SME (Emerge) platform. The company aims to raise ₹35.22 crore to fund the establishment of a new integrated manufacturing facility and meet its growing working capital needs.

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Yajur Fibres IPO Day 2: Sustainable Textile Player Seeks ₹120 Crore; Retail Portion Fully Subscribed

West Bengal-based Yajur Fibres Limited is seeing a steady response for its ₹120.41 crore IPO, which is the largest SME issue opening this week. The company, a specialist in "cottonising" bast fibers like flax and hemp, is witnessing high interest from retail investors who have already pushed that segment past the 1.0x mark on the second day of bidding.

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Victory Electric Vehicles IPO: Subscription Reaches 35% on Day 2; EV Theme Captures Retail Interest

The maiden public offer of Victory Electric Vehicles International Ltd is seeing steady momentum as it enters its second day of bidding. The company, a diversified manufacturer of electric two-wheelers and customized three-wheelers, is looking to raise ₹34.56 crore to fuel its expansion across 12 Indian states.

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Gabion Technologies IPO Subscribed Over 600x on Final Day; Grey Market Premium Surges 37%

Gabion Technologies India Limited, a leading provider of geotechnical engineering solutions like steel gabions and rockfall protection, concluded its bidding process today with record-breaking numbers. The ₹29.16 crore issue saw intense bidding across all categories, signaling a high-conviction "Blockbuster" listing scheduled for next week.

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BoAt (Imagine Marketing) IPO: Audio Giant Eyes ₹1,500 Crore Listing; Swings Back to Profit in FY25

After shelving its previous plans in 2022 due to market volatility, BoAt is back in the IPO race with a trimmed issue size of ₹1,500 crore. The company, led by Aman Gupta and Sameer Mehta, is positioning itself as a mature, profitable hardware-tech player rather than a high-burn startup, having successfully posted a profit of ₹61 crore in FY25.

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Amagi Media Labs Sets ₹1,789 Crore IPO for January 13; Price Band Fixed at ₹343-361

Bengaluru-based media SaaS unicorn Amagi Media Labs has finalized its public offer details. The IPO will open on January 13, 2026, with a price band of ₹343 to ₹361 per share. The company aims to raise approximately ₹1,788.62 crore, valuing the firm at nearly ₹7,810 crore ($885 million) at the upper end of the price band.

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Susan Electricals India IPO Opens for Subscription; Electrical Infrastructure Firm Targets Strong Growth Amid Power Sector Expansion