SME IPO In India - Latest SME IPO Listing (2024)

Empowering SME for Exponential Growth

Pave the way to SME IPO with Pre-placement (PreIPO) for Small & Medium Enterprises

Check your Eligibility

Revenue

₹50,00,000

EBITDA

₹10,00,000

PAT

₹5,00,000

Minimum Valuation

Maximum Valuation

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Pre-IPO

₹1 Cr. - ₹15 Cr.
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SME-IPO

₹15 Cr. - ₹50 Cr.
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10,000+

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50%+

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250 Cr+

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34+

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Benefits of Private Placement before SME IPO

Access to Diverse Pool of Investors and Funding Sources

 Accelerate your journey towards a Successful IPO by connecting with a diverse pool of investors and funding sources.

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Equity Structuring for SME Board listing (BSE, NSE)

 Receive our expert team guidance on structuring your equity, ensuring compliance and readiness for your startup for a seamless listing experience.

Build your Brand Equity

Establish a strong market presence and enhance your brand equity with the support of our platform that resonates with investors and sets your business apart in the market.

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Hassle-Free Fundraising

Planify is actively working in raising equity funds startups & helps raise funds between ₹0.25 Cr. to ₹50 Cr.

Enhance visibility and credibility

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

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All Products under one Roof

Planify is an integrated platform to provided all they products to founders under one roof

Increase your Net Worth and Business Valuation

Secure Strategic Investments that increase the valuation of your business, increase your net worth and create opportunities for long term wealth creation.

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Process of Fundraising

Raise funds for your startup with Planify using 6 easy steps.
Introductory CallIntroductory Call_arrow

Introductory Call

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

Due Diligence

Startups application would be processed by our Financial Analysts before certifying the startup.
Signing of AgreementSigning of Agreement_arrow

Signing of Agreement

NDA, Term sheet and other agreement papers are signed duly by the founders.
Success FeeSuccess Fee_arrow

Success Fee

We charge 5% of funds raised successfully. Includes payment processing. No other fees.
Shri GaneshShri Ganesh_arrow

Shri Ganesh

The start-up is launched on Planify’s platform to raise the desired funds at a market value
Raise Funds

Raise Funds

 A team of Investment Banking (Sell-side) facilitates the fundraising.

Successful Fundraising

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₹ 40.0 cr

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₹ 25.0 cr

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₹ 5.0 cr

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₹ 1.0 cr

100 Cr + Fundraised, Reaching New Heights

Planify is the biggest platform that connects investors with entrepreneurs for hassle-free angel investing. Planify has facilitated ₹250 Cr. worth secondary investments in upcoming startups.

Enable investments into emerging startups & connect with industry veterans

Planify gives a chance to our budding entrepreneurs to meet Investors, Trendsetters, Mentors and Changemakers to propel their company’s growth.
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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

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Know more about SME IPO

Eligibility Criteria for Small and medium enterprises 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 as per the latest audited financial statement
  • Track record of profits: Distributing profits (excluding extraordinary income) for at least 2 out of the preceding 3 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 trading in demat securities and enter into agreements with both depositories.
  • No change in promoters of the company in the preceding one year from the date of filing the application to 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 3 years.
  • No winding-up petition should be admitted by a court of competent jurisdiction against the applicant company.
  • No material regulatory or disciplinary action by the stock exchange or regulatory authority should be pending or have occurred in the past 3 years against the applicant company.

Frequently Asked Questions

Shares in an SME IPO are allotted through an offer period where investors submit bids within a price band. The bids are compiled in a book-building process to determine the final allotment price. Shares are then allocated to successful bidders based on their bid price and quantity requested. Unsuccessful bidders receive refunds, and the allotted shares are listed for trading on the stock exchange.


Note: Planify is not working as a stock exchange. Planify is a platform to facilitate connection between buyer & seller.

The merchant bankers or fund managers charge roughly 9% of fundraising and In totality the estimated expense would lie anywhere between 20 lakh to 1 cr.


The maximum amount of lot size in an SME IPO is ₹2 lakh.


The minimum amount of lot size in SME IPO is ₹1 Lakh.


Yes, It is reasonable to apply for an SME IPO as it provides small and medium-sized enterprises (SMEs) with access to capital that can fuel their growth and expansion plans. By going public, SMEs can tap into a wider investor base. Also, going public through an SME IPO can significantly enhance a company's visibility and credibility in the market. It helps to establish the company's brand and market presence, as well as gain recognition from customers, and other stakeholders.


However, the decision to apply for an SME IPO depends on various factors specific to the company and its growth objectives. It is not always the case but in some cases, it might happen.


Basis

SME IPO

Main Board  IPO

Company Size

These are Small & Medium Enterprises and are relatively small companies

These are large companies listed on the main board IPO.

Listing Process

Simplified and streamlined process

More complex and involved process. 

Liquidity

The No. of shares that is trading volume in SME IPO would be less as compared to main board IPO.

In the main board IPO the trading volume would be more.

Results Disclosure

Half-yearly results in case of SME IPO.

Quarterly Results

Regulatory Requirements

Compliance with simplified listing and disclosure norms.

Compliance with comprehensive listing and disclosure norms.

Lot Size

The lot size for SME IPO is ₹1 Lakh - ₹2 lakh.

The lot size for Main Board IPO is between 5000-15000.

Maximum Issue Size

The maximum issue size in SME IPO tends to range between ₹10cr - ₹100 cr.

The maximum issue size in this case upto ₹100 cr and can extend to ₹15,000-₹20,000 crores. 

Fundraising Requirement 

These companies are smaller in nature and therefore, there is more capital and more fundraising requirements  for expansion and  Smooth operations. 

These companies are already in a later stage and competitive in nature, therefore they require limited fundraising and capital requirements.

Growth Perspective

SMEs companies are smaller companies and there is more growth perspective as companies can  move towards main board IPO and open the doors for more opportunities.

Companies already well-known or recognized in the market

Investor Base

Retail and institutional investors.

Mainly institutional investors with larger investments such as Mutual fund investments are more in main board IPO.

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An SME IPO refers to an Initial Public Offering specifically designed for Small and Medium Enterprises (SMEs). An IPO is the process through which a company offers its shares to the public for the first time. This allows individuals and institutional investors to buy and trade those shares on a public stock exchange.


SME IPOs cater to smaller companies that have growth potential but may not meet traditional IPO criteria. 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.


In India an SME exchange functions within a recognized stock exchange or the main exchange such as the BSE Limited and the National Stock Exchange of India.


Note: Planify does not work as a stock exchange. Planify is a platform to facilitate buyer & seller connection.