SME IPOs in July 2025: Latest Listings, Dates, Price, Lot Size & More

With July 2025 underway, India has been making waves in terms of the companies and investors in the SME IPO market. Small and Medium Enterprise (SME) IPOs remain in the Yahoo headlines due to the new regulation and the propitious trend of retail and HNI subscribers. You have come to the right place in case you are looking to get the recent SME IPOs in July 2025.

This blog will give the list of all the SME IPOs which are going to open in the month of July 2025 along with issue price, lot size, subscription date, listing date, lead manager and exchange (BSE SME/NSE SME).

What is SME IPO?

Small and Medium Sized Enterprise Initial Public Offering (SME IPO) is a form of fundraising in which fundraising companies are given the opportunity to raise money via the SME platform, such as NSE Emerge and BSE SME (NSE SME). The SEBI governs these IPOs and has customized them to suit startups and mid-sized businesses that intend to grow.

Complete List of SME IPOs in July 2025

Here's a comprehensive list of all SME IPOs in July 2025:

✅Jyoti Global Plast IPO

Issue Size: 53.70 Lakh Shares (Amount in ₹ – To be announced)
Issue Type: Book Building IPO
Offer Details: Fresh Issue of 43.20 Lakh Shares and Offer for Sale of 10.50 Lakh Shares
Price Band: Yet to be announced
Lot Size: Yet to be announced
Retail Minimum Investment: Yet to be announced
HNI Minimum Investment: Yet to be announced
Bidding Dates: August 4, 2025 – August 6, 2025
Allotment Finalization Date: August 7, 2025 (Thursday)
Listing Date: August 11, 2025 (Tentative) on NSE SME
Book Running Lead Manager: Unistone Capital Pvt Ltd
Registrar: MUFG Intime India Private Limited (Link Intime)
Market Maker: L F C Securities Private Limited

✅Parth Electricals IPO

Issue Size: 29.25 Lakh Shares (Amount in ₹ – To be announced)
Issue Type: Book Building IPO
Offer Details: Entirely a Fresh Issue of 29.25 Lakh Shares
Price Band: Yet to be announced
Lot Size: Yet to be announced
Retail Minimum Investment: Yet to be announced
HNI Minimum Investment: Yet to be announced
Bidding Dates: August 4, 2025 – August 6, 2025
Allotment Finalization Date: August 7, 2025 (Thursday)
Listing Date: August 11, 2025 (Tentative) on NSE SME
Book Running Lead Manager: Horizon Management Private Limited
Registrar: Kfin Technologies Limited
Market Maker: Shreni Shares Limited

✅Flysbs Aviation IPO

Issue Size: 45.57 Lakh Shares (Amount in ₹ – To be announced)
Issue Type: Book Building IPO
Offer Details: Entirely a Fresh Issue of 45.57 Lakh Shares
Price Band: Yet to be announced
Lot Size: Yet to be announced
Retail Minimum Investment: Yet to be announced
HNI Minimum Investment: Yet to be announced
Bidding Dates: August 1, 2025 – August 5, 2025
Allotment Finalization Date: August 6, 2025 (Wednesday)
Listing Date: August 8, 2025 (Tentative) on NSE SME
Book Running Lead Manager: Vivro Financial Services Private Limited
Registrar: MUFG Intime India Private Limited (Link Intime)
Market Maker: Giriraj Stock Broking Private Limited

✅Renol Polychem IPO

Issue Size:₹25.77 Crores
Issue Type: Book Building IPO
Offer Details: Entirely a Fresh Issue of 24.54 Lakh Shares
Price Band: ₹100 to ₹105 per share
Lot Size: 1,200 Shares
Retail Minimum Investment: ₹2,40,000 (2,400 shares)
HNI Minimum Investment: 3 lots (3,600 shares) – ₹3,78,000
Bidding Dates: July 31, 2025 – August 4, 2025
Allotment Finalization Date: August 5, 2025 (Tuesday)
Listing Date: August 7, 2025 (Tentative) on NSE SME
Book Running Lead Manager: Corporate Makers Capital Ltd.
Registrar: Skyline Financial Services Private Ltd
Market Maker: Asnani Stock Broker Private Limited

✅Cash Ur Drive Marketing IPO

Issue Size: ₹60.79 Crores
Issue Type: Book Building IPO
Offer Details: Fresh Issue of 44.69 Lakh Shares (₹58.10 Cr) and Offer for Sale of 2.07 Lakh Shares (₹2.69 Cr)
Price Band: ₹123 to ₹130 per share
Lot Size: 1,000 Shares
Retail Minimum Investment: ₹2,46,000 (2,000 shares)
HNI Minimum Investment: 3 lots (3,000 shares) – ₹3,90,000
Bidding Dates: July 31, 2025 – August 4, 2025
Allotment Finalization Date: August 5, 2025 (Tuesday)
Listing Date: August 7, 2025 (Tentative) on NSE SME
Book Running Lead Manager: Narnolia Financial Services Ltd
Registrar: Bigshare Services Pvt Ltd
Market Maker: Prabhat Financial Services Ltd.

✅Takyon Networks IPO

Issue Size: ₹20.48 Crores
Issue Type: Book Building IPO
Offer Details: Entirely a Fresh Issue of 37.92 Lakh Shares
Price Band: ₹51 to ₹54 per share
Lot Size: 2,000 Shares
Retail Minimum Investment: ₹2,04,000 (4,000 shares)
HNI Minimum Investment: 3 lots (6,000 shares) – ₹3,24,000
Bidding Dates: July 30, 2025 – August 1, 2025
Allotment Finalization Date: August 4, 2025 (Monday)
Listing Date: August 6, 2025 (Tentative) on BSE SME
Book Running Lead Manager: Hem Securities Limited
Registrar: Cameo Corporate Services Limited
Market Maker: Hem Finlease Private Limited

✅Mehul Colours IPO

Issue Size: ₹21.66 Crores
Issue Type: Book Building IPO
Offer Details: Entirely a Fresh Issue of 30.08 Lakh Shares
Price Band: ₹68 to ₹72 per share
Lot Size: 1,600 Shares
Retail Minimum Investment: ₹2,17,600 (3,200 shares)
HNI Minimum Investment: 3 lots (4,800 shares) – ₹3,45,600
Bidding Dates: July 30, 2025 – August 1, 2025
Allotment Finalization Date: August 4, 2025 (Monday)
Listing Date: August 6, 2025 (Tentative) on BSE SME
Book Running Lead Manager: Seren Capital Private Limited
Registrar: Bigshare Services Pvt Ltd
Market Maker: Asnani Stock Broker Private Limited

✅B.D.Industries IPO

Issue Size: ₹45.36 Crores
Issue Type: Book Building IPO
Offer Details: Entirely a Fresh Issue of 42.00 Lakh Shares
Price Band: ₹102 to ₹108 per share
Lot Size: 1,200 Shares
Retail Minimum Investment: ₹2,44,800 (2,400 shares)
HNI Minimum Investment: 3 lots (3,600 shares) – ₹3,88,800
Bidding Dates: July 30, 2025 – August 1, 2025
Allotment Finalization Date: August 4, 2025 (Monday)
Listing Date: August 6, 2025 (Tentative) on BSE SME
Book Running Lead Manager: Aryaman Financial Services Limited
Registrar: Cameo Corporate Services Limited
Market Maker: Aryaman Capital Markets Limited

✅Kaytex Fabrics IPO

Issue Size: ₹69.81 Crores
Issue Type: Book Building IPO
Offer Details: Fresh Issue of 31.99 Lakh Shares (₹57.59 Cr) and Offer for Sale of 6.79 Lakh Shares (₹12.23 Cr)
Price Band: ₹171 to ₹180 per share
Lot Size: 800 Shares
Retail Minimum Investment: ₹2,73,600 (1,600 shares)
HNI Minimum Investment: 3 lots (2,400 shares) – ₹4,32,000
Bidding Dates: July 29, 2025 – July 31, 2025
Allotment Finalization Date: August 1, 2025 (Friday)
Listing Date: August 5, 2025 (Tentative) on NSE SME
Book Running Lead Manager: Socradamus Capital Private Limited
Registrar: Bigshare Services Pvt Ltd
Market Maker: Gretex Share Broking Private Limited

✅Umiya Mobile IPO

Issue Size: ₹24.88 Crores
Issue Type: Fixed Price IPO
Offer Details: Entirely a Fresh Issue of 37.70 Lakh Shares
Price: ₹66 per share
Lot Size: 2,000 Shares
Retail Minimum Investment: ₹2,64,000 (4,000 shares)
HNI Minimum Investment: 3 lots (6,000 shares) – ₹3,96,000
Bidding Dates: July 28, 2025 – July 30, 2025
Allotment Finalization Date: July 31, 2025 (Thursday)
Listing Date: August 4, 2025 (Tentative) on BSE SME
Book Running Lead Manager: Smart Horizon Capital Advisors Private Limited
Registrar: Bigshare Services Pvt Ltd
Market Maker: Shreni Shares Limited

✅Repono Limited IPO

Issue Size: ₹26.68 Crores
Issue Type: Book Building IPO
Offer Details: Entirely a Fresh Issue of 27.79 Lakh Shares
Price Band: ₹91 to ₹96 per share
Lot Size: 1,200 Shares
Retail Minimum Investment: ₹2,18,400 (2,400 shares)
HNI Minimum Investment: 3 lots (3,600 shares) – ₹3,45,600
Bidding Dates: July 28, 2025 – July 30, 2025
Allotment Finalization Date: July 31, 2025 (Thursday)
Listing Date: August 4, 2025 (Tentative) on BSE SME
Book Running Lead Manager: Wealth Mine Networks Private Limited
Registrar: Cameo Corporate Services Limited
Market Maker: JSK Securities and Services Private Limited

✅Patel Chem Specialities IPO

Issue Size: ₹58.80 Crores
Issue Type: Book Building IPO
Offer Details: Entirely a Fresh Issue of 70.00 Lakh Shares
Price Band: ₹82 to ₹84 per share
Lot Size: 1,600 Shares
Retail Minimum Investment: ₹2,62,400 (3,200 shares)
HNI Minimum Investment: 3 lots (4,800 shares) – ₹4,03,200
Bidding Dates: July 25, 2025 – July 29, 2025
Allotment Finalization Date: July 30, 2025 (Wednesday)
Listing Date: August 1, 2025 (Tentative) on BSE SME
Book Running Lead Manager: Cumulative Capital Private Limited
Registrar: MUFG Intime India Private Limited (Link Intime)
Market Maker: Globalworth Securities Limited

✅Shree Refrigerations IPO

Issue Size: ₹117.33 Crores
Issue Type: Book Building IPO
Offer Details: Fresh Issue of 75.61 Lakh Shares (₹94.51 Cr) and Offer for Sale of 18.25 Lakh Shares (₹22.81 Cr)
Price Band: ₹119 to ₹125 per share
Lot Size: 1,000 Shares
Retail Minimum Investment: ₹2,38,000 (2,000 shares)
HNI Minimum Investment: 3 lots (3,000 shares) – ₹3,75,000
Bidding Dates: July 25, 2025 – July 29, 2025
Allotment Finalization Date: July 30, 2025 (Wednesday)
Listing Date: August 1, 2025 (Tentative) on BSE SME
Book Running Lead Manager: Narnolia Financial Services Ltd
Registrar: MUFG Intime India Private Limited (Link Intime)
Market Maker: Mansi Share & Stock Broking Private Limited

✅ Sellowrap Industries IPO

Issue Size: ₹30.28 Crores
Issue Type: Book Building IPO
Offer Details: Entirely a Fresh Issue of 36.48 Lakh Shares
Price Band: ₹79 to ₹83 per share
Lot Size: 1,600 Shares
Retail Minimum Investment: ₹2,52,800 (3,200 shares)
HNI Minimum Investment: 3 lots (4,800 shares) – ₹3,98,400
Bidding Dates: July 25, 2025 – July 29, 2025
Allotment Finalization Date: July 30, 2025 (Wednesday)
Listing Date: August 1, 2025 (Tentative) on NSE SME
Book Running Lead Manager: Gretex Corporate Services Limited
Registrar: Purva Sharegistry India Pvt Ltd
Market Maker: Gretex Share Broking Private Limited

✅ TSC India IPO

Issue Size: ₹25.89 Crores
Issue Type: Book Building IPO
Offer Details: Entirely a Fresh Issue of 36.98 Lakh Shares
Price Band: ₹68 to ₹70 per share
Lot Size: 2,000 Shares
Retail Minimum Investment: ₹2,72,000 (4,000 shares)
HNI Minimum Investment: 3 lots (6,000 shares) – ₹4,20,000
Bidding Dates: July 23, 2025 – July 25, 2025
Allotment Finalization Date: July 28, 2025 (Monday)
Listing Date: July 30, 2025 (Tentative) on NSE SME
Book Running Lead Manager: Expert Global Consultants Private Limited
Registrar: Bigshare Services Pvt Ltd
Market Maker: Not Specified

✅ Monarch Surveyors IPO

Issue Size: ₹93.75 Crores
Issue Type: Book Building IPO
Offer Details: Entirely a Fresh Issue of 37.50 Lakh Shares
Price Band: ₹237 to ₹250 per share
Lot Size: 600 Shares
Retail Minimum Investment: ₹2,84,400 (1,200 shares)
HNI Minimum Investment: 3 lots (1,800 shares) – ₹4,50,000
Bidding Dates: July 22, 2025 – July 24, 2025
Allotment Finalization Date: July 25, 2025 (Friday)
Listing Date: July 29, 2025 (Tentative) on BSE SME
Book Running Lead Manager: Beeline Capital Advisors Pvt Ltd
Registrar: Bigshare Services Pvt Ltd
Market Maker: Spread X Securities Private Limited

✅ Savy Infra IPO

Issue Size: ₹69.98 Crores
Issue Type: Book Building IPO
Offer Details: Entirely a Fresh Issue of 58.32 Lakh Shares
Price Band: ₹114 to ₹120 per share
Lot Size: 1,200 Shares
Retail Minimum Investment: ₹2,73,600 (2,400 shares)
HNI Minimum Investment: 3 lots (3,600 shares) – ₹4,32,000
Bidding Dates: July 21, 2025 – July 23, 2025
Allotment Finalization Date: July 24, 2025 (Thursday)
Listing Date: July 28, 2025 (Tentative) on NSE SME
Book Running Lead Manager: Unistone Capital Pvt Ltd
Registrar: Maashitla Securities Private Limited
Market Maker: Globalworth Securities Limited

✅ Swastika Castal IPO

Issue Size: ₹14.07 Crores
Issue Type: Fixed Price Issue IPO
Offer Details: Entirely a Fresh Issue of 21.64 Lakh Shares
Price: ₹65 per share
Lot Size: 2,000 Shares
Retail Minimum Investment: ₹2,60,000 (4,000 shares)
HNI Minimum Investment: 3 lots (6,000 shares) – ₹3,90,000
Bidding Dates: July 21, 2025 – July 23, 2025
Allotment Finalization Date: July 24, 2025 (Thursday)
Listing Date: July 28, 2025 (Tentative) on BSE SME
Book Running Lead Manager: Horizon Management Private Limited
Registrar: Accurate Securities & Registry Private Limited
Market Maker: Horizon Financial Consultants Pvt. Ltd.

✅ Monika Alcobev IPO

Issue Size: ₹165.63 Crores
Issue Type: Book Building IPO
Offer Details:
- Fresh Issue: 47.91 Lakh Shares aggregating to ₹137.03 Crores
- Offer for Sale: 10.00 Lakh Shares aggregating to ₹28.60 Crores
Price Band: ₹271 to ₹286 per share
Lot Size: 400 Shares
Retail Minimum Investment: ₹2,16,800 (800 shares)
HNI Minimum Investment: 3 lots (1,200 shares) – ₹3,43,200
Bidding Dates: July 16, 2025 – July 18, 2025
Allotment Finalization Date: July 21, 2025 (Monday)
Listing Date: July 23, 2025 (Tentative) on BSE SME
Book Running Lead Manager: Marwadi Chandarana Intermediaries Brokers Pvt. Ltd.
Registrar: MUFG Intime India Private Limited (Link Intime)
Market Maker: Bhansali Value Creations Private Limited