SME IPOs

SME IPOs are issued by Small and Medium Enterprises when private funding is not enough, allowing them to raise money from public investors like regular IPOs.
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SME IPOs
3 mins
16-July-2025

SME IPOs, SME IPO full form “Small and Medium Enterprise Initial Public Offerings”—let smaller companies tap public capital for the first time. Instead of meeting the stricter, costlier main‑board rules, they list on purpose‑built platforms such as BSE SME or NSE Emerge, gaining funds for expansion, credibility and visibility.

What is an SME IPO?

Put simply, SME IPO means. a Small and Medium Enterprise turning to the capital market when private funding falls short. Once the SME IPO closes, the company’s shares start trading on the exchange, so public investors can buy in and become part‑owners.

Current SME IPOs

Here’s a list of IPOs that were listed on the stock market as of July, 2025

Company

Opening date

Closing date

Listing date

Issue price (₹)

Issue size (₹ crore)

Exchange

Lead manager

Monika Alcobev Ltd. IPO

16 Jul 2025

18 Jul 2025

TBA

271–286

153.68

BSE SME

Marwadi Chandarana Group

Spunweb Nonwoven Ltd. IPO

14 Jul 2025

16 Jul 2025

TBA

90–96

60.98

NSE SME

Vivro Financial

Asston Pharmaceuticals Ltd. IPO

09 Jul 2025

11 Jul 2025

Yet to list

123

27.56

BSE SME

Sobhagya Capital Options

GLEN Industries Ltd. IPO

08 Jul 2025

10 Jul 2025

Yet to list

97

63.02

BSE SME

GYR Capital Advisors

Smarten Power Systems Ltd. IPO

07 Jul 2025

09 Jul 2025

14 Jul 2025

100

50.00

NSE SME

Arihant Capital Markets

Chemkart India Ltd. IPO

07 Jul 2025

09 Jul 2025

14 Jul 2025

248

80.08

BSE SME

Smart Horizon Capital Advisors

Meta Infotech Ltd. IPO

04 Jul 2025

08 Jul 2025

11 Jul 2025

161

80.18

BSE SME

Hem Securities

Happy Square Outsourcing Services Ltd. IPO

03 Jul 2025

07 Jul 2025

10 Jul 2025

76

24.25

NSE SME

Corpwis Advisors

Cryogenic OGS Ltd. IPO

03 Jul 2025

07 Jul 2025

10 Jul 2025

47

17.77

BSE SME

Beeline Capital

Vandan Foods Ltd. IPO

30 Jun 2025

02 Jul 2025

07 Jul 2025

115

30.36

BSE SME

Nirbhay Capital

Marc Loire Fashions Ltd. IPO

30 Jun 2025

02 Jul 2025

07 Jul 2025

100

21.00

BSE SME

Finshore

Cedaar Textile Ltd. IPO

30 Jun 2025

02 Jul 2025

07 Jul 2025

140

60.90

NSE SME

Fast Track Finsec

Pushpa Jewellers Ltd. IPO

30 Jun 2025

02 Jul 2025

07 Jul 2025

147

98.65

NSE SME

Affinity Global

Silky Overseas Ltd. IPO

30 Jun 2025

02 Jul 2025

07 Jul 2025

161

30.68

NSE SME

Gretex Corporate Services

Neetu Yoshi Ltd. IPO

27 Jun 2025

01 Jul 2025

04 Jul 2025

75

77.04

BSE SME

Horizon Management

Adcounty Media India Ltd. IPO

26 Jun 2025

01 Jul 2025

04 Jul 2025

85

50.69

BSE SME

Narnolia Financial

Moving Media Entertainment Ltd. IPO

26 Jun 2025

30 Jun 2025

03 Jul 2025

70

43.40

NSE SME

Gretex Corporate Services

Valencia India Ltd. IPO

26 Jun 2025

30 Jun 2025

03 Jul 2025

110

48.95

BSE SME

Interactive Financial

Ace Alpha Tech Ltd. IPO

26 Jun 2025

30 Jun 2025

03 Jul 2025

69

32.22

BSE SME

Narnolia Financial

PRO FX Tech Ltd. IPO

26 Jun 2025

30 Jun 2025

03 Jul 2025

87

40.30

NSE SME

Hem Securities

Rama Telecom Ltd. IPO

25 Jun 2025

27 Jun 2025

02 Jul 2025

68

25.13

NSE SME

Affinity Global

Suntech Infra Solutions Ltd. IPO

25 Jun 2025

27 Jun 2025

02 Jul 2025

86

44.39

NSE SME

GYR Capital Advisors

Supertech EV Ltd. IPO

25 Jun 2025

27 Jun 2025

02 Jul 2025

92

29.90

BSE SME

Corporate Makers Capital

Abram Food Ltd. IPO

24 Jun 2025

26 Jun 2025

01 Jul 2025

98

13.99

BSE SME

Corporate Makers Capital

Icon Facilitators Ltd. IPO

24 Jun 2025

26 Jun 2025

01 Jul 2025

91

19.11

BSE SME

Khambatta Securities

Shri Hare‑Krishna Sponge Iron Ltd. IPO

24 Jun 2025

26 Jun 2025

01 Jul 2025

59

29.91

NSE SME

Hem Securities

AJC Jewel Manufacturers Ltd. IPO

23 Jun 2025

26 Jun 2025

01 Jul 2025

95

15.39

BSE SME

Smart Horizon Capital Advisors

Aakaar Medical Technologies Ltd. IPO

20 Jun 2025

24 Jun 2025

27 Jun 2025

72

27.00

NSE SME

Indorient Financial

Safe Enterprises Retail Fixtures Ltd. IPO

20 Jun 2025

24 Jun 2025

27 Jun 2025

138

169.74

NSE SME

Hem Securities

Mayasheel Ventures Ltd. IPO

20 Jun 2025

24 Jun 2025

27 Jun 2025

47

27.28

NSE SME

Narnolia Financial

Influx Healthtech Ltd. IPO

18 Jun 2025

20 Jun 2025

25 Jun 2025

96

58.57

NSE SME

Rarever Financial Advisors

Eppeltone Engineers Ltd. IPO

17 Jun 2025

19 Jun 2025

24 Jun 2025

128

43.96

NSE SME

Expert Global Consultants

Patil Automation Ltd. IPO

16 Jun 2025

18 Jun 2025

23 Jun 2025

120

69.61

NSE SME

Seren Capital

Samay Project Services Ltd. IPO

16 Jun 2025

18 Jun 2025

23 Jun 2025

34

14.69

NSE SME

Smart Horizon Capital Advisors

Aten Papers & Foam Ltd. IPO

13 Jun 2025

17 Jun 2025

20 Jun 2025

96

31.68

BSE SME

Swastika Investmart

Monolithisch India Ltd. IPO

12 Jun 2025

16 Jun 2025

19 Jun 2025

143

82.02

NSE SME

Hem Securities

Jainik Power & Cables Ltd. IPO

10 Jun 2025

12 Jun 2025

17 Jun 2025

110

51.30

NSE SME

Fast Track Finsec

Sacheerome Ltd. IPO

09 Jun 2025

11 Jun 2025

16 Jun 2025

102

61.62

NSE SME

GYR Capital Advisors

Ganga Bath Fittings Ltd. IPO

04 Jun 2025

06 Jun 2025

11 Jun 2025

49

32.65

NSE SME

Jawa Capital

3B Films Ltd. IPO

30 May 2025

03 Jun 2025

06 Jun 2025

50

33.75

BSE SME

Nirbhay Capital

N R Vandana Tex Industries Ltd. IPO

28 May 2025

30 May 2025

04 Jun 2025

45

27.89

NSE SME

Marwadi Chandarana Group

Neptune Petrochemicals Ltd. IPO

28 May 2025

30 May 2025

04 Jun 2025

122

73.20

NSE SME

Beeline Capital

Blue Water Logistics Ltd. IPO

27 May 2025

29 May 2025

03 Jun 2025

135

40.50

NSE SME

Smart Horizon Capital Advisors

Astonea Labs Ltd. IPO

27 May 2025

29 May 2025

03 Jun 2025

135

37.67

BSE SME

Oneview Corporate Advisors

Nikita Papers Ltd. IPO

27 May 2025

29 May 2025

03 Jun 2025

104

70.94

NSE SME

Fast Track Finsec

Unified Data‑Tech Solutions Ltd. IPO

22 May 2025

26 May 2025

29 May 2025

273

144.47

BSE SME

Hem Securities

Dar Credit & Capital Ltd. IPO

21 May 2025

23 May 2025

28 May 2025

60

25.66

NSE SME

GYR Capital Advisors

Accretion Pharmaceuticals Ltd. IPO

14 May 2025

16 May 2025

21 May 2025

101

29.75

NSE SME

Jawa Capital

Integrity Infrabuild Developers Ltd. IPO

13 May 2025

15 May 2025

20 May 2025

100

12.67

NSE SME

Aryaman Financial Services

Virtual Galaxy Infotech Ltd. IPO

09 May 2025

14 May 2025

19 May 2025

142

93.29

NSE SME

Smart Horizon Capital Advisors

Manoj Jewellers Ltd. IPO

05 May 2025

07 May 2025

12 May 2025

54

16.20

BSE SME

Jawa Capital

Srigee DLM Ltd. IPO

05 May 2025

07 May 2025

12 May 2025

99

16.98

BSE SME

GYR Capital Advisors

Wagons Learning Ltd. IPO

02 May 2025

06 May 2025

Yet to list

–

–

BSE SME

Khandwala Securities

Kenrik Industries Ltd. IPO

29 Apr 2025

06 May 2025

09 May 2025

25

8.75

BSE SME

Turnaround Corporate

Arunaya Organics Ltd. IPO

29 Apr 2025

02 May 2025

07 May 2025

58

33.99

NSE SME

Unistone Capital

Iware Supplychain Services Ltd. IPO

28 Apr 2025

30 Apr 2025

06 May 2025

95

27.13

NSE SME

GetFive Advisors

Tankup Engineers Ltd. IPO

23 Apr 2025

25 Apr 2025

30 Apr 2025

140

19.53

NSE SME

Hem Securities

Spinaroo Commercial Ltd. IPO

28 Mar 2025

03 Apr 2025

08 Apr 2025

51

10.17

BSE SME

Finshore

Infonative Solutions Ltd. IPO

28 Mar 2025

03 Apr 2025

08 Apr 2025

79

24.71

BSE SME

Share India Capital Services

Retaggio Industries Ltd. IPO

27 Mar 2025

02 Apr 2025

07 Apr 2025

25

15.50

BSE SME

Gretex Corporate Services

Identixweb Ltd. IPO

26 Mar 2025

28 Mar 2025

03 Apr 2025

54

16.63

BSE SME

Beeline Capital

Shri Ahimsa Naturals Ltd. IPO

25 Mar 2025

27 Mar 2025

02 Apr 2025

119

73.81

NSE SME

Srujan Alpha Capital Advisors

ATC Energies System Ltd. IPO

25 Mar 2025

27 Mar 2025

02 Apr 2025

118

63.76

NSE SME

Indorient Financial

Desco Infratech Ltd. IPO

24 Mar 2025

26 Mar 2025

01 Apr 2025

150

30.75

BSE SME

Smart Horizon Capital Advisors

Rapid Fleet Management Services Ltd. IPO

21 Mar 2025

25 Mar 2025

28 Mar 2025

192

43.87

NSE SME

Gretex Corporate Services

Active Infrastructures Ltd. IPO

21 Mar 2025

25 Mar 2025

28 Mar 2025

181

77.83

NSE SME

Kreo Capital

Grand Continent Hotels Ltd. IPO

20 Mar 2025

24 Mar 2025

27 Mar 2025

113

74.46

NSE SME

Indorient Financial

Paradeep Parivahan Ltd. IPO

17 Mar 2025

19 Mar 2025

24 Mar 2025

98

44.86

BSE SME

Share India Capital Services

Divine Hira Jewellers Ltd. IPO

17 Mar 2025

19 Mar 2025

24 Mar 2025

90

31.84

NSE SME

Horizon Management

Super Iron Foundry Ltd. IPO

11 Mar 2025

13 Mar 2025

19 Mar 2025

108

68.05

BSE SME

Horizon Management

PDP Shipping & Projects Ltd. IPO

10 Mar 2025

12 Mar 2025

18 Mar 2025

135

12.65

BSE SME

Sun Capital Advisory

NAPS Global India Ltd. IPO

04 Mar 2025

06 Mar 2025

11 Mar 2025

90

11.88

BSE SME

Aryaman Financial Services

Balaji Phosphates Ltd. IPO

28 Feb 2025

04 Mar 2025

07 Mar 2025

70

50.11

NSE SME

Arihant Capital Markets

Shreenath Paper Products Ltd. IPO

25 Feb 2025

28 Feb 2025

05 Mar 2025

44

23.36

BSE SME

Galactico Corporate Services

Nukleus Office Solutions Ltd. IPO

24 Feb 2025

27 Feb 2025

04 Mar 2025

234

24.92

BSE SME

Sundae Capital Advisors

Beezaasan Explotech Ltd. IPO

21 Feb 2025

25 Feb 2025

03 Mar 2025

175

59.93

BSE SME

Smart Horizon Capital Advisors

HP Telecom India Ltd. IPO

20 Feb 2025

24 Feb 2025

28 Feb 2025

108

34.23

NSE SME

Interactive Financial

Swasth Foodtech India Ltd. IPO

20 Feb 2025

24 Feb 2025

28 Feb 2025

94

14.92

BSE SME

Horizon Management

Royalarc Electrodes Ltd. IPO

14 Feb 2025

18 Feb 2025

24 Feb 2025

120

36.00

NSE SME

Fedex Securities

Tejas Cargo India Ltd. IPO

14 Feb 2025

18 Feb 2025

24 Feb 2025

168

105.84

NSE SME

New Berry Capitals

L.K.Mehta Polymers Ltd. IPO

13 Feb 2025

17 Feb 2025

21 Feb 2025

71

7.38

BSE SME

Swastika Investmart

Shanmuga Hospital Ltd. IPO

13 Feb 2025

17 Feb 2025

21 Feb 2025

54

20.62

BSE SME

Finshore

P S Raj Steels Ltd. IPO

12 Feb 2025

14 Feb 2025

19 Feb 2025

140

 

 

 

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SME IPO – Eligibility criteria

Here are the key requirements that will help you understand SME IPO eligibility:

1. Incorporation

The SME must be incorporated under the Companies Act, 1956.
If the SME was formed through the conversion of a registered proprietorship, partnership, or LLP, the partnership firm or LLP should have a net worth of at least Rs. 1 crore for the preceding two full financial years.

2. Post-issue paid-up capital

The face value (post-issue paid-up capital) of the SME should not exceed Rs. 25 crore.

3. Net tangible assets

The SME’s net tangible assets should be valued at least Rs. 1.5 crore.

4. Track record

The applicant company seeking listing should have a track record of at least 3 years.
If the SME took over a proprietorship concern, registered partnership firm, or LLP, the combined track record (including the predecessor) should also be at least 3 years.
Alternatively, if the SME lacks a 3-year track record, the project for which the IPO is proposed should be appraised and funded by institutions like NABARD, SIDBI, or banks (other than cooperative banks).

5. Earnings before interest, depreciation, and tax (EBIDTA)

The company, proprietorship concern, registered firm, or LLP should have operating profit (EBIDTA) from operations for 2 out of the 3 latest financial years preceding the application date.
For companies with appraised and funded projects, positive operating profit from operations in the preceding financial year is required.

6. Leverage ratio

The leverage ratio (debt-to-equity ratio) should not exceed 3:1 (relaxation may be granted to finance companies).

7. Disciplinary action and defaults

No regulatory action of suspension of trading against the promoters or companies promoted by the promoters by any stock exchange with nationwide trading terminals.
Directors should not be disqualified or debarred by any regulatory authority.
No pending defaults in payment of interest and/or principal to debenture/ bond/ fixed deposit holders by the applicant company or promoters.

8. Additional criteria for broking companies

Net worth of minimum Rs. 5 crore with profit before tax of at least Rs. 5 crore in any 2 years out of 3 financial years.

Things to Consider Before Applying for SME IPOs

Although an SME IPO could deliver handsome gains, investors must recognise several hazards. Smaller companies provide scant operating history and slimmer balance‑sheets, making future performance projections uncertain and amplifying business volatility. Thin trading volumes often cause liquidity bottlenecks, hindering swift entry or exit at preferred prices. Moreover, combing through prospectuses, assessing management calibre, benchmarking peers, and monitoring sector dynamics demands extensive, meticulous research and time, yet still offers no guarantee of success for even the most diligent retail participant investor.

SME listing process – How it works

In India, the SME IPO process spans appointment of a merchant banker, due‑diligence, SEBI filing, roadshows, price discovery, subscription, allotment and eventual listing on BSE SME or NSE Emerge:

1. Appoint an underwriter

The first step is to appoint an underwriter, who assists the company in determining the offering price and underwrites the risk associated with the IPO.

2. Prepare the DRHP (Draft Red Herring Prospectus)

Following the selection of an underwriter, the company prepares the Draft Red Herring Prospectus (DRHP). This document provides essential information about the company, its business operations, financial performance, and details of the proposed IPO.

3. Submit the DRHP

Once the DRHP is prepared, it is submitted to the regulatory authorities such as the Securities and Exchange Board of India (SEBI) for their review and approval.

4. Advertise the IPO and announce the launch date

After obtaining regulatory clearance, the company advertises the IPO to potential investors. This includes promoting the offering through various channels and announcing the launch date of the IPO.

5. Launch the IPO and allot the shares

On the designated launch date, the IPO is officially launched, and investors are invited to subscribe to the shares. After the subscription period closes, shares are allotted to investors based on the subscription levels and other predetermined criteria.

By following these steps, SMEs can successfully navigate the process of listing their shares on the stock exchange, thereby accessing capital markets to fuel their growth and expansion plans.

Features of SME IPOs

SME IPOs come with distinctive features that cater to the specific needs and characteristics of small and medium enterprises. Some notable features include:

1. Simplified regulatory compliance

SME IPOs streamline the regulatory process, making it more accessible for smaller businesses. The listing requirements are tailored to the size and scale of SMEs.

2. Market visibility

Listing on a stock exchange provides SMEs with enhanced visibility and credibility, potentially attracting more customers, partners, and investors.

3. Institutional support

SME IPOs often receive institutional support and encouragement from regulatory bodies, making the process smoother for these enterprises.

4. Retail participation

SME IPOs are designed to encourage retail investors to participate, fostering a broad investor base.

How do companies benefit from SME IPO?

An SME IPO raises capital for growth, working‑capital needs or debt reduction while conferring the branding, valuation transparency and governance advantages that come with a formal stock‑exchange listing:

1. Access to capital

SMEs can raise capital from the public through the IPO process, providing them with funds to fuel their growth initiatives, expand operations, invest in research and development, or pay off existing debts.

2. Enhanced visibility and credibility

Listing on a stock exchange enhances a company's visibility and credibility in the market. It provides recognition and validation of the company's business model, performance, and growth potential, thereby attracting investors and stakeholders.

3. Liquidity for promoters and early investors

SME IPOs offer promoters and early investors an opportunity to liquidate their holdings and realise their investment. By divesting a portion of their stakes through the IPO, they can unlock value and diversify their investment portfolios.

4. Brand building and investor relations

Going public through an SME IPO can serve as a platform for brand building and improving investor relations. The increased transparency and regulatory compliance required of listed companies help in building trust among investors and stakeholders.

5. Currency for mergers and acquisitions

Being listed provides SMEs with a valuable currency for potential mergers and acquisitions. Listed shares can be used as a consideration in M&A transactions, enabling companies to pursue strategic partnerships, acquisitions, or expansion into new markets.

6. Employee incentives and retention

Listed companies often use stock options and other equity-based incentives to attract and retain talent. By offering employees an opportunity to own shares in the company, SMEs can align their interests with those of the company and foster a culture of ownership and commitment.

By leveraging these benefits, SMEs can strengthen their financial position, accelerate growth, and create long-term value for their stakeholders.

SME IPO Disadvantages / Risks

  • High risk and volatility – SMEs run with lean capital, limited track‑records and concentrated revenue sources. Their earnings can swing suddenly, so share prices often overreact to economic data, policy tweaks or single contract wins and losses for investors.

  • Liquidity constraints – SME platform volumes are thin, producing wide bid‑ask spreads and price gaps. Exiting or entering a position of even moderate size may move the price materially and delay execution during volatile sessions.

  • Limited analyst coverage – Few brokerages or media outlets track new SMEs, leaving information fragmented. Investors must comb filings, meet management and study niche industry sources, demanding greater effort and increasing the risk of overlooking red flags in early years.

  • Higher investment threshold – Regulations set larger minimum lot sizes for SME IPOs, so retail buyers must commit more capital upfront. This higher ticket size can constrain diversification and raise portfolio concentration risk for small savers.

Impact of SME IPO

The impact of SME IPOs on the securities market is multifaceted. Firstly, it facilitates the growth of small and medium enterprises by providing them with a vital source of capital. This, in turn, contributes to job creation, innovation, and economic development. They also add diversity to the stock market, allowing investors to explore opportunities beyond large-cap stocks.

Furthermore, the visibility gained through a  stock exchange listing can help SMEs build trust among customers, suppliers, and other stakeholders. It opens up avenues for collaboration and expansion, strengthening the overall ecosystem of small and medium enterprises.

IPO vs SME IPO

Let us explore some differences between IPO and SME IPO:

Criteria

Normal IPO

SME IPO

Company size

Large corporations

Small and medium enterprises

Validation

Stringent regulatory requirements

Tailored requirements for SMEs

Minimum allotment

Higher number required

Lesser number required

Application size

Large application amounts

Smaller application amounts


Conclusion

SME IPOs have emerged as a boon for small and medium enterprises in India, providing them with a dedicated platform to raise capital and expand their operations. The streamlined listing criteria, coupled with specific platforms like the BSE SME and NSE emerge, make the process accessible for SMEs, fostering economic growth and development.

Investors looking for growth potential beyond traditional large-cap stocks can explore SME IPOs as a promising avenue. In essence, SME IPOs are not just a financial transaction but a catalyst for the growth and sustainability of the vibrant network of small and medium enterprises.

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Frequently asked questions

Who is eligible for SME IPO?

Eligibility for an SME IPO typically covers retail, non‑institutional and qualified institutional investors who meet minimum application sizes set by the exchange. Retail applicants must submit bids in lots, stay within the prescribed monetary cap, possess a valid PAN and Demat account, and comply with SEBI KYC norms and guidelines.

Why is SME IPO costly?

SME IPOs appear costlier because applications must be placed in larger lots than main‑board offers, lifting the initial outlay. Additionally, limited free‑float and thinner trading volumes widen bid‑ask spreads, pushing execution prices upward. Underwriting, compliance and marketing expenses are also distributed over a smaller equity base, inflating offer price levels.

What are the risks of SME IPO?

SME IPOs carry heightened business risk from nascent operations, sector concentration and dependence on key promoters. Market risk rises because thin trading volumes can amplify price swings and hinder exits. Scarce analyst coverage increases information asymmetry, while regulatory non‑compliance or governance lapses may substantially erode investor confidence and value quickly.

What are the advantages of investing in SME IPOs?

SME IPOs (Initial Public Offerings) enable small and medium-sized enterprises to raise capital from public investors by issuing shares for the first time on a dedicated stock exchange platform. These IPOs provide access to funding for companies that may not qualify for a main board listing.

Are SME IPOs a safe investment option?

SME IPOs are subject to significant regulatory oversight by SEBI and stock exchanges, which enhances their safety. However, investing in SME IPOs carries a higher degree of risk compared to established companies, making them a more appropriate choice for investors with a higher risk tolerance.

Is it good to invest in SME IPO?

SME IPOs generally carry a slightly higher risk compared to mainboard IPOs due to less available information about the company's financials, management track record, and overall performance. While some SME IPOs have demonstrated strong long-term performance, the success of any SME IPO investment ultimately hinges on factors such as the company's underlying fundamentals, corporate governance, and prevailing market sentiment.

What is the difference between IPO and SME IPO?

SME and Mainboard IPOs cater to distinct company profiles. SME IPOs serve as a launching pad for smaller businesses seeking public capital injection, while Mainboard IPOs are the domain of established corporations with proven track records, targeting larger funding rounds. This distinction reflects a calculated approach by stock exchanges to segment fundraising opportunities.

Can I sell all shares of SME IPO?

Yes, similar to shares from any public offering, you are free to sell shares allocated to you in an SME IPO on the day they begin trading (the listing day).

Is there any risk in SME IPO?

SME IPOs are generally considered riskier than mainboard IPOs due to less readily available information regarding the company's financial health, management experience, and overall performance history. While some SME IPOs have proven to be successful long-term investments, the decision to invest in an SME IPO depends on a variety of factors, including the company's underlying fundamentals, its corporate governance practices, and prevailing market conditions.

What is the process of SME IPO?

The SME IPO process involves several steps: suitability checks, hiring investment bankers, due diligence, creating an IPO prospectus, marketing and roadshows, pricing the shares, underwriting the IPO, listing on the exchange, and ongoing compliance. While the process is generally straightforward, it needs to be tailored to each company's specific financial situation and market conditions.

What is the full form SME IPO?

SME IPO stands for Small and Medium Enterprise Initial Public Offering.

What are the risks of SME IPO?

Investing in SME IPOs offers the potential to participate in the growth of promising, emerging companies. However, it also carries risks due to the inherent volatility and unpredictability of smaller businesses, their often limited financial history, and potential market illiquidity.

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