IPO News
How to Read an SME IPO DRHP: 10 Sections to Check
A DRHP is the draft offer document a company publishes before its IPO. For SME IPOs it must be public for at least 21 days. The…
Kalpway Research Desk
The Kalpway Research Desk writes Kalpway's explainers and data stories on SME IPOs, the Indian IPO market and startup funding. Every figure is taken from a primary source such as SEBI, NSE, BSE or company filings, or from a named research firm, and is linked in the article's sources. Corrections and data questions: see our data methodology page.
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IPO News
India IPO Market FY26 Review: 108 Mainboard Listings, ₹1.76 Trillion Raised
In FY26, 108 companies raised ₹1.76 trillion through mainboard IPOs, according to KPMG. Funds raised were close to FY25 levels, PE-backed listings rose to 35%, and…
IPO News
SME to Mainboard Migration: NSE’s Rules Since May 2025 Explained
Since 1 May 2025, an NSE SME company needs at least three years on the platform, revenue above ₹100 crore, net worth of ₹75 crore and…
IPO News
SME IPOs in FY26: Fewer Listings, Bigger Issues — and Why the Numbers Don’t Match
NSE Emerge saw 111 SME IPOs raise ₹5,363 crore in FY26, down 32% by count from FY25. Counting both SME exchanges, Grant Thornton puts FY26 at…
IPO News
SME IPO in India: Eligibility, SEBI Rules and Process (2026 Guide)
An SME IPO lets a small or medium company raise equity on NSE Emerge or BSE SME. Since 2025, issuers need at least ₹1 crore of…