Check out the SME IPO list with all the details and unlock your gateway to growth

Investors, get ready for the news of the upcoming SME IPO, which can be fruitful. As we all know, SME IPO (Small and Medium Enterprises) is the key factor for the smaller and startup companies to enhance business and represent their vision and mission in the market.

Generally, the SME IPO comes intending to utilize the IPO money for the company’s purposes and business expansion. They help companies raise money from more investors while following the rules set by regulators like SEBI.

❖ Complete list of SME IPO 2026

The upcoming sme ipo, along with all the details to unlock ways of knowledge and long terms profite. 

CompanyIPO DateSectorListing Platform
GenxAI Analytics Limited2026Information Technology (IT) sectorNSE SME
MTE Structures Ltd.2026Solar Panels sectorBSE SME
Axiom Gas Engineering Limited2026energy and oil & gas sectorNSE SME
Fourfront Ltd.2026Automotive & EV component manufacturingBSE SME
SJP Ultrasonics Ltd.2026Industrial automation & welding techBSE SME
Peshwa Wheat Limited2026agro-food processing and manufacturing sectorBSE SME
Vahh Chemicals Limited2026Chemicals / ManufacturingBSE SME

GenxAI Analytics Limited

Genxai Analytics is one of the leading firms. Its journey started in 2007 and engaged in delivering enterprise analytics solutions to help organizations streamline workflows, improve system performance, and increase operational efficiency. 

Its revenue increased by 19%, and profit after tax (PAT) increased by 147% between the financial year ending with March 31, 2025, and March 31, 2024.

MTE Structures Ltd.

At MTE Structures Limited, one of the leading companies, they have prioritized quality for the past ten years in solar mounting systems, ensuring durability, safety, sustainability, and high performance. 

Axiom Gas Engineering Limited 

Axiom Gas Engineering Private Limited (AGEL) is a leading provider of green energy solutions, focusing on delivering affordable and sustainable energy across India. 

The company has a plan to launch an IPO, and the IPO money would be utilised for the company’s purpose. 

Fourfront Ltd. 

FourFront believes education is key to shaping the future. Through its CSR initiatives, the company supports the growth of young minds, with a strong focus on funding schools and colleges. 

Part-financing the Proposed Project FF, funding incremental working capital requirements, and investment in wholly owned Subsidiary for: financing the Proposed Project EV, Investment in wholly owned Subsidiary for: funding its incremental working capital requirements, are the fund deployment from the IPO money. 

SJP Ultrasonics Ltd. 

Founded on January 27, 2012, SJP Ultrasonic Ltd. provides end-to-end plastic joining and automation solutions. 

SJP Ultrasonic Ltd.’s revenue grew by 39%, and its profit after tax (PAT) increased by 23% from FY 2024 to FY 2025. 

Peshwa Wheat Limited

Peshwa Wheat Ltd processes wheat products like Atta (wheat flour), Sortex Wheat, Broken Wheat, Gram Flour (Besan), and Maize Flour. The company mainly supplies products in 30 kg and 50 kg packs. By-products like wheat bran are used as cattle feed, aiming for zero waste and zero discharge. 

Peshwa Wheat Ltd.’s revenue grew by 292%, and its profit after tax (PAT) rose by 127% from FY 2024 to FY 2025. 

Vahh Chemicals Limited 

Founded in 2019, Vahh Chemicals is an ISO 9001:2015 certified company that manufactures, supplies, and trades chemicals for the textile industry, including those used in pre-treatment, dyeing, printing, and finishing.

The IPO money would be used for the company’s purposes, funding incremental working capital requirements of the company, setting up a new manufacturing facility at Surat, Gujarat (“Proposed facility”), and repayment of the loan availed by the company, for general corporate purposes.  

❖ Conclusion

A meaningful SME IPO can get listed on the stock exchange and help investors grow their money and explore new opportunities. 

However, every investor should do proper research before investing in any IPO and understand the company’s financial fundamentals in depth.

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Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.