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Is your SME considering an IPO to raise funds and go public?

We provide the expertise and support needed to raise funds and successfully list on the stock exchange

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SME IPOs offer small and medium enterprises the essential capital to fuel expansion and innovation. Discover how our platform streamlines the IPO process and connects you with the right investors.

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Why Choose

Planify

for your Next

Investment

15+

No. of Successful SME IPOs

150Cr+

 Fundraised

Start Fundraising   →

Benefits of private placement via SME-IPO

Access to Diverse Pool of Investors

Connect with merchant bankers and a broad network of investors for a successful pre-IPO/IPO. This diverse access increases the chances of securing capital.

Access to Diverse Pool of Investors
All Products under one Roof

All Products under one Roof

Access comprehensive SME IPO solutions in one place - Pitch decks, Due diligence, Investment decks, Term sheets, Equity restructuring, and more, simplifying your path from preparation to successful fundraising.

Build your Brand Equity

With the support of our platform, you can establish a strong market presence and enhance your brand equity. Our platform resonates with investors and sets your business apart in the market

Build your Brand Equity
Hassle-Free Fundraising - Let’s Raise Funds

Hassle-Free Fundraising - Let’s Raise Funds

Eligible businesses with a net turnover of over ₹15 crore and profits of over ₹2 crores, a minimum of 3 years of operational history, and profitability in the last year can seamlessly raise funds through SME IPO.

Enhance visibility and credibility

Our transparent fundraising process will gain you visibility and establish credibility as a promising investment opportunity in the market.

Enhance visibility and credibility
Increase your Net Worth and Business Valuation

Increase your Net Worth and Business Valuation

Thoroughly understand the SME IPO funding requirement and suggest the best route.

Process of Fundraising

Introductory CallIntroductory Call_arrow

Introductory Call

An introductory call is planned with the management to understand their business model.
Due DiligenceDue Diligence_arrow

Due Diligence

SME IPO application would be processed by our Financial Analysts team with thorough due diligence.
Signing of AgreementSigning of Agreement_arrow

Signing of Agreement

NDA, Term sheet and other agreement papers are signed duly by the founders.
Plan for an IPOPlan for an IPO_arrow

Plan for an IPO

Depending on the size of the company & other requirements, planning for Pre-IPO, SME IPO or a Mainboard IPO.
Facilitation Fees

Facilitation Fees

We charge a 2.5% fee of the total fundraising for SME IPOs

Successful Fundraising

Know more about SME IPO

SMEs can raise capital by offering shares to the public through IPOs. This process helps companies secure funds and allows investors to invest in promising companies with solid growth potential. Participating in SME IPOs or SME financing will enable you to support creative businesses and earn from their future success.

Eligibility Criteria for SME IPO Listing

Incorporation- The company must be incorporated under the Companies Act, 1956.

Financials- Post-issued paid-up capital for BSE: Minimum of Rs 3 crore and not exceeding Rs 25 crore.

Minimum net worth (excluding revaluation reserve): Rs 3 crore per the latest audited financial statement.

Track record of profits: Distributing profits (excluding extraordinary income) for at least 2 out of the preceding three financial years. Alternatively, net worth must be Rs 5 crore

Net tangible assets: Minimum of Rs 3 crore

Sales of the company: Approximate value of Rs 10 crore.

Additional Requirements for Small and Medium Enterprises IPO

  • The company must have a website.
  • The company should facilitate trade in demat securities and enter agreements with depositories.
  • The company's promoters remained the same in the preceding year from the date of applying to the BSE for Small and medium enterprises (SME) listing.
  • For proprietorships or partnerships, the date of incorporation will be counted.
  • The company or partnership/proprietorship/LLP firm should have a combined track record of at least three years.
  • The company should not have been referred to BIFR (Board for Industrial and Financial Reconstruction) or come out of its ambit.
  • A court of competent jurisdiction against the applicant company should admit no winding-up petition.
  • No material regulatory or disciplinary action by the stock exchange or regulatory authority should be pending or have occurred against the applicant company in the past three years.
Basic of DistinctionSME IPOMain board IPO
Post-issue Paid-up CapitalBetween ₹1 crore and ₹25 croresMinimum of ₹10 crores
Minimum Allottees in IPOAt least 50At least 1000
ProfitabilityPositive operating profits for 2 out of the latest 3 financial years.Last 3 years' average profit should be at least ₹15 crore.
Net worthNet worth of at least ₹1 crore for 2 preceding full financial years.Net worth of at least ₹25 crores in any 3 out of 5 financial years
TurnoverBetween ₹5 to 50 croreAbove ₹50 Cr
Track RecordRelaxed norms (operations of at least 3 years).Stringent norms (previous 3-5 years.)
IPO UnderwritingMandatory (100% underwritten, with Merchant Banker underwriting 15%)Non-mandatory, but if under 50% subscribed, compulsory to QIBs
IPO Application Size₹1,00,000₹10,000 - ₹15,000
IPO Timeframe3 to 4 months6 months onwards
Reporting RequirementHalf-yearlyQuarterly

Lets Connect

Please provide the following details

What’s your annual turnover

0 - 50 Lac

50 Lac - 1 Cr

1 Cr- 5 Cr

5 Cr - 10 Cr

10 Cr - 50 Cr

50 cr - 100 cr

100 cr - 150 cr

500+ Cr

Connect with expert

Frequently Asked Questions


An SME IPO (Initial Public Offering) allows small and medium enterprises to raise capital by offering shares to the public for the first time, typically on specialized platforms like BSE SME or NSE Emerge.


SME IPOs cater to smaller companies with growth potential. These companies are often in their early stages of development and require access to capital to fuel expansion plans, invest in infrastructure, or finance, research, and development.



Yes, Small and medium enterprises can greatly benefit from raising funds through an SME IPO. It provides access to a broad investor base, helps improve credibility, and has the potential to drive future expansion. However, assessing the company’s readiness to comply with regulatory and financial reporting requirements is essential. A solid business model and a clear growth strategy can increase expansion and brand recognition through capital raised from an SME IPO.



Once the due diligence process is completed and the company has been finalized, the merchant banker will file the Draft Red Herring Prospectus (DRHP) with the stock exchange. After this submission, the process typically takes 3-4 months for the SME IPO to be listed.



Planify supports SMEs in raising funds through a streamlined and efficient process. We offer comprehensive support, from preparing the company for an IPO to meeting regulatory standards and optimizing investor outreach. By utilizing our vast network and expertise, we assist small and medium-sized enterprises in successfully navigating the challenges of SME IPO funding, ensuring a seamless process from application to listing.



Planify charges 2.5% of fundraising. In addition, merchant bankers charge ~9-10% of fundraising for SME IPOs. 



The amount of funding you can raise through an SME IPO depends on your company’s valuation. For example, if your company is valued at ₹100 crore, you can raise ₹25 crore, with 25% of your shares being allocated to investors. It is generally advisable to opt for an SME IPO if you are raising funds up to ₹100 crore. If your funding requirement exceeds this, then you should consider a mainboard IPO.


In an SME IPO, at least 25% of your company’s shares must be offered to the investors, meaning you will have to dilute at least that much. However, you will retain control, as the majority of the shareholding (over 50%) will remain with you as the promoter, ensuring you maintain the controlling stake.


Yes, Planify supports companies even after the SME IPO. We assist with further fundraising rounds, such as preferential allotments and Qualified Institutional Buyer (QIB) rounds. Moreover, we help SMEs migrate from the SME platform to the mainboard by meeting the eligibility criteria of more extensive exchanges. We will help you get over 1,000 investors and fulfill the required conditions. After three years, we ensure a smooth transition from SME to the mainboard listings.