Current SME IPOs
Check the list of Current IPOs that are open for subscription now! know how to open a demat account with 5paisa & start applying for these ipos immediately.
- 5paisa Research Team
- 06 Mar 2023
What is SME IPO?
SME IPO is a fundraising process through which a small and medium private enterprise can go public like other bigger corporations and also provides a platform from these companies to be listed on indices.
The SME gets listed at BSE SME or NSE Emerge Platforms.
For an SME IPO, the rules are (i) post-issue paid-up capital should be less than Rs. 25 crores and (ii) minimum post-issue capital of Rs 1 crore.
The process of applying for an SME IPO includes ASBA or UPI-based IPO Applications or by submitting forms to brokers or banks.
They are the providers of 40% of jobs in India and they contribute about 45% of production in India. Technically, the condition of SME companies in India is very poor. That is why the biggest challenge before him is the financial crisis.
How to apply for IPO?
Login to your 5paisa account and select the issue in the
current IPO section
Enter the number of lots and price at which you wish to
Enter your UPI ID and click on submit. With this, your
bid will be placed with the exchange
You will receive a mandate notification to block funds in
your UPI app
Approve the mandate request on your UPI and funds
will be blocked
Open account in 5 minutes
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Please keep below documents handy:
- PAN Card
- Aadhar Card
- Bank Account Number
Frequently Asked Questions
A current SME IPO is the one that’s open for subscription.
SME IPO investing can get a little tricky. Historically, even though the fundamentals of the company are good, the stock fails to appreciate.
The criteria for SME include a track record of at least 3 years and more, positive cash accruals from operations for at least 3 years and positive net-worth.
Yes, we can apply for SME IPO. The IPO issue is open to NII, retail and sometime QIB investors. The application can be done via ASBA or UPI-based application or submitting forms to your banks or brokers as well.
SME IPO can be sold the same way any other IPO shares are sold that via DEMAT/Trading account or by calling your broker.
How to Subscribe to SME IPO?
There are 3 ways to subscribe to a SME IPO:
• UPI – Online: Go to your Demat Account and then Select the IPO and Apply for the IPO with your UPI ID. You will get the mandate approval in your bank or Google Pay account. You need to approve the mandate to submit your application.
• ASBA – Online: You need to login to your bank account to apply for the IPO via ASBA. Fill the details like Demat Account Number, PAN Number, Bidding Details and submit.
• Broker – Offline: To apply an SME IPO, contact your broker to fill the form and submit.