Discover the Top 10 SME IPOs in India by Fund Raise, highlighting key milestones in the SME IPO market. This comprehensive list provides crucial details, including IPO size, listing dates, subscription status, sectors, and the merchant bankers (BRLMs) who led these IPOs on NSE Emerge and BSE SME platforms. Stay informed about India’s top-performing SME IPOs, their fund-raising success, and market impact. Explore trends, sector insights, and performance metrics to understand what makes these IPOs stand out, offering valuable knowledge for businesses and investors in the Indian SME IPO ecosystem.
Summary
| PE Ratio* | |
|---|---|
| Highest | 31.95 |
| Median | 20.49 |
| Lowest | 10.90 |
| IPO Size (in Cr.) | |
|---|---|
| Highest | 197.90 |
| Median | 165.26 |
| Lowest | 128.00 |
| Company Name | IPO Year (Listed) | IPO Size (Cr.) | Sector | PE Ratio | Merchant Banker | Subscription (Times) | Listing Gains (%) |
|---|---|---|---|---|---|---|---|
| Danish Power Limited | Oct 2024 | 197.90 | Electric Equipments - Transformers | 18.74 | Hem Securities Limited | 126.65 | 57.50 |
| KP Green Engineering Limited | Mar 2024 | 189.50 | Steel | 31.95 | Beeline Capital Advisors Private Limited | 29.50 | 45.83 |
| Sahasra Electronics Solutions Limited | Oct 2024 | 186.16 | Information Technology - Hardware | 21.68 | Hem Securities Limited | 122.06 | 99.49 |
| Capital Numbers Infotech Limited | Jan 2025 | 169.37 | Information Technology - Data Solutions | 23.50 | GYR Capital Advisors Private Limited | 134.62 | 4.18 |
| Monika Alcobev Limited | Jul 2025 | 165.63 | Liquor and Distilleries | 26.54 | Marwadi Chandarana Intermediaries Brokers Private Limited | 4.08 | 0.70 |
| Safe Enterprises Retail Fixtures Limited | Jun 2025 | 161.13 | Corporate Solutions | 16.19 | Hem Securities Limited | 14.70 | 9.42 |
| Rajesh Power Services Limited | Dec 2024 | 160.47 | Power and Energy | 10.90 | Isk Advisors Private Limited | 59.00 | 99.49 |
| SAR Televenture Limited (FPO) | Jul 2024 | 150.00 | Telecom | 50.23 | Pantomath Capital Advisors Private Limited | 10.76 | |
| Unified Data - Tech Solutions Limited | May 2025 | 144.47 | Information Technology | 15.87 | Hem Securities Limited | 91.12 | 4.40 |
| True Colors Limited | Sep 2025 | 128.00 | Chemical | 19.07 | GYR Capital Advisors Private Limited | 45.46 | 0.00 |
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