₹IPO GMP Daily
Open now · our GMPRobokidz Eduventures ₹65 (+61.3%)Vivekanand Cotspin ₹0 (0%)FX Multitech ₹0 (0%)Adroit Industries ₹33 (+24.6%)ArMee Infotech ₹23 (+6.2%)Swastika Infra ₹8.2 (+4.5%)Varmora Granito ₹4 (+2.7%)Elevate Campuses ₹6.2 (+1.7%)Coreintegra Consulting Services ₹0 (0%)Sai Urja Indo Ventures ₹0 (0%)Himalaya Nutravedics ₹0 (0%)Liqvd Digital ₹0 (0%)Pooja Logistics ₹0 (0%)Anand Seamless ₹0 (0%)Unitec Fibres ₹0 (0%)S.K.Offset ₹0 (0%)

Home › SME vs mainboard

SME IPO vs mainboard IPO

Two kinds of IPO share the same calendars but work quite differently.

Mainboard IPOs

Mainboard IPOs list on the main NSE and BSE platforms. They are usually larger issues from bigger companies, with a retail quota and a minimum application of one lot, typically worth roughly ₹14,000 to ₹15,000.

SME IPOs

SME IPOs list on the separate small and medium enterprise platforms, NSE Emerge and BSE SME. Issues are much smaller, and the minimum application is far larger (often ₹1 lakh or more), because lots are big. Trading after listing can be thin.

Why this matters for GMP

  • SME grey-market quotes are fewer and move more, so estimates are less settled. You will see more Low-confidence labels on SME IPOs.
  • A large share of SME IPOs show a GMP of zero, meaning no premium is being quoted.
  • We report mainboard and SME accuracy separately on the track record page once there are enough listings.

Grey market premium (GMP) is an unofficial, unregulated indication. Our estimate is information only and not investment advice. We are not registered with SEBI, we do not trade in the grey market, and a GMP can change or disappear without notice. Please read the offer document and decide for yourself. Full disclaimer.