SME IPO Advisory · Mumbai, India

Unlock Your Potential with Funding Touch

More than an offering, it's a chance to soar — we take small and medium enterprises from IPO readiness to ringing the bell on NSE Emerge and BSE SME, end to end.

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IPO Radar · This Week

Laser Power & Infra

Mainboard · ₹203–214 · 9–13 Jul

OPEN

Happy Steels

Mainboard · 9–13 Jul

OPEN

SBI Funds Management

Mainboard · ₹545–574 · 14–16 Jul

OPENS MON

Alpine Texworld

SME · ₹100–105 · 14–16 Jul

OPENS MON

30+ yrs

Combined IPO expertise across our advisory team

₹1.53 L Cr

Raised by Indian IPOs in 2025 — a record year

IPOs listed in 2026 so far — 59 SME, 23 mainboard

+5.6%

Average SME listing-day gain in 2026 YTD

🔔 Laser Power & Infra Mainboard ₹203–214 · OPEN till 13 Jul Happy Steels Mainboard · OPEN till 13 Jul SBI Funds Management ₹545–574 · opens 14 Jul Alpine Texworld SME ₹100–105 · opens 14 Jul Millworks Technologies SME ₹315–331 · opens 14 Jul Kusumgar ₹398–419 · closed · allotment 13 Jul Exato Technologies listed ▲ +99.5% Vegorama Punjabi Angithi listed ▲ +53.4% 2026 YTD: 82 IPOs · SME avg ▲ +5.64% · Mainboard avg ▲ +1.68%

IPO Centre

Every IPO. One dashboard.

Track what's open for subscription today, what's opening next, and how recent listings performed — mainboard and SME, in one place.

⏱ Data as of 11 July 2026 · Compiled from NSE / BSE public market data

IPOs listed in 2026 YTD

59 SME · 23 mainboard

Avg SME listing gain

+5.64%

2026 listing-day average

Avg mainboard listing gain

+1.68%

2026 listing-day average

Best listing of 2026

+99.5%

Exato Technologies

Company	Segment	Price band	Issue dates	Status
Laser Power & Infra Power infrastructure & cables	Mainboard	₹203 – ₹214	9 – 13 Jul 2026	Open · closes 13 Jul
Happy Steels Steel products	Mainboard	See RHP	9 – 13 Jul 2026	Open · allotment 14 Jul
Kusumgar Technical textiles	Mainboard	₹398 – ₹419	8 – 10 Jul 2026	Closed · allotment 13 Jul

Subscription figures update live on exchange portals during issue hours. Talk to us before you apply — every issue has a different risk profile.

Company	Segment	Price band	Issue dates	Listing
SBI Funds Management Asset management · mega issue	Mainboard	₹545 – ₹574	14 – 16 Jul 2026	21 Jul 2026
Alpine Texworld Textiles	SME	₹100 – ₹105	14 – 16 Jul 2026	21 Jul 2026
Millworks Technologies Technology	SME	₹315 – ₹331	14 – 16 Jul 2026	21 Jul 2026
Saffron Speciality Papers Speciality paper	SME	TBA	To be announced	—

DRHP pipeline watch — big names expected in FY 2026-27

NSEReliance JioZeptoPhonePeboAtOYOManipal HealthRayzon SolarTata PlayMakeMyTrip IndiaParle ProductsACKO

Company	Segment	Issue price	Listing price	Listing gain
Exato Technologies Digital transformation · 2026	SME	₹140	₹279.30	▲ +99.5%
Vegorama Punjabi Angithi Restaurants · 2026	SME	—	—	▲ +53.4%
LG Electronics India ₹11,607 Cr issue · Oct 2025	Mainboard	₹1,140	~₹1,710	▲ +50%
HDB Financial Services ₹12,500 Cr issue · Jul 2025	Mainboard	₹740	₹772.85*	▲ +4.4%
Tata Capital ₹15,512 Cr issue · Oct 2025 — India's biggest of the year	Mainboard	₹326	₹330	▲ +1.2%

*HDB price as of Dec 2025. Nearly half of 2026's IPOs listed at or below issue price — issue selection and pricing discipline matter more than ever.

2026 listing-day returns — highlights

Selected listings & segment averages · listing price vs issue price

Exato TechnologiesSME · best of 2026

+99.5%

Vegorama Punjabi AngithiSME

+53.4%

SME average59 listings

+5.6%

Mainboard average23 listings

+1.7%

Weakest listing2026

−34.6%

Market pulse — why this window matters

What the primary market is telling SME promoters right now

₹
2025 was India's biggest IPO year ever — over 100 mainboard issues raised ₹1.53 lakh crore, led by Tata Capital, HDB Financial and LG Electronics India.
▲
SME listings are outperforming mainboard in 2026 — average listing gains of +5.64% vs +1.68%, with the year's best debut (+99.5%) coming from the SME segment.
⚖
But selectivity is back — nearly half of 2026's issues listed at or below issue price. Well-prepared, well-priced companies get rewarded; rushed issues don't.
◎
Mega names are queuing up — NSE, Jio, Zepto and PhonePe in the pipeline will pull fresh investor attention into primary markets.

Could your company be next on this board?

A quick check on the core SME-platform eligibility norms (NSE Emerge / BSE SME):

Post-issue paid-up capital up to ₹25 crore
Around 3 years of operating track record
Positive net worth, with a profitability track record
Promoters holding skin in the game post-listing (lock-in applies)

Get a free eligibility assessment →

What we do

End-to-end IPO advisory, under one roof

From the first readiness assessment to your first day as a listed company — our team of financial analysts, merchant bankers, chartered accountants and company secretaries handles every step.

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IPO Readiness & Structuring

Diagnostic review of financials, governance and cap table. We restructure the company so it clears exchange scrutiny the first time.

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DRHP & Documentation

Draft Red Herring Prospectus, financial restatements and disclosures — prepared to merchant-banker and exchange standards.

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Intermediary Syndication

We assemble and coordinate your merchant banker, registrar, legal counsel, market maker and underwriters — one accountable team.

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Regulatory & Exchange Compliance

SEBI ICDR norms, NSE Emerge / BSE SME listing requirements, in-principle approvals and observation responses — handled.

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Investor Outreach & Roadshows

Anchor conversations, HNI and retail marketing, and issue-pricing strategy so your book builds with the right investors.

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Post-Listing Support

Ongoing LODR compliance, investor relations and market-making oversight — because the journey starts, not ends, at listing.

Why SME IPO

Raising the bar: IPOs as the launchpad for Indian SMEs

SME IPOs launch small businesses into the investment stratosphere — capital, credibility and currency for growth, without piling on debt.

Growth capital, not debt

Raise equity from public investors to fund expansion — no EMIs, no collateral, no personal guarantees.

Credibility & visibility

A listed company wins bigger contracts, better vendor terms and easier bank credit. The ticker is a trust mark.

Liquidity & valuation

Unlock a market-discovered valuation for your business and a liquid currency for founders and early backers.

Talent & acquisitions

Listed stock becomes currency — ESOPs that attract senior talent, and paper for strategic acquisitions.

Elevate your business: embrace SME IPOs for unparalleled growth. When you partner with Funding Touch, you're partnering with a team committed to turning your vision into reality.

The journey

From boardroom to bell-ringing in six steps

Readiness assessment

Eligibility, financial health and governance diagnostic — with a clear go / fix-first verdict.

Restructure & comply

Cap-table cleanup, board composition, conversions and audits to meet listing norms.

Documentation

DRHP drafting, restated financials and disclosures with the merchant banker.

Exchange approval

Filing, exchange queries and in-principle approval for NSE Emerge / BSE SME.

Issue & subscription

Pricing, anchor and investor roadshows, issue marketing and book-building.

Listing & beyond

Allotment, listing day and ongoing compliance plus investor relations support.

A well-prepared SME typically completes this journey in 4–6 months.

About Funding Touch

Decades of IPO expertise. One unwavering commitment.

At Funding Touch, we blend decades of IPO expertise with an unwavering commitment to guide businesses toward financial success and growth. We provide comprehensive IPO advisory for startups and SMEs — tailored guidance, regulatory support and investor engagement across the entire public-offering journey.

Our team brings together the full spectrum of skills an IPO demands:

Financial Analysts Merchant Bankers IPO Specialists Chartered Accountants Company Secretaries Company-law Experts

30+

Years of combined experience in the global IPO sector

360°

Coverage — readiness, documentation, compliance, marketing and post-listing

1 team

A single accountable partner coordinating every intermediary in your IPO