Investors looking for high-growth possibilities in the Indian stock market are flocking to SME IPOs. The SME segment is still doing strong as of January, 2026. In 2025, more than 200 listings collected ₹10,000 crore, and many of them gave investors multibagger returns because they were undervalued and focused on a niche. Watching the best Investors can diversify into new areas including infrastructure, electric vehicles, and textiles through upcoming SME IPO this year, which may be good entry points. 

Why You Should Watch Upcoming SME IPOs in 2026?

Keep an eye on upcoming SME IPO since they could do better than mainboard offerings, which saw average gains of more than 50% in 2025. They enable investors get into markets that aren’t being served well, giving them access to creative small and medium-sized businesses with solid fundamentals but low visibility. Relaxed SEBI rules make it easier to list stocks, and moving to the main board after growth increases value. In 2026, focus on industries that fit with India’s economic goals, such as sustainable energy and manufacturing, even when capital expenditures are high. There are risks including illiquidity and volatility, therefore use RHP and subscriptions to analyze. 

How to Choose the Best Upcoming SME IPOs?

Look at the size of the issue, how relevant it is to the sector, subscription trends, and growth potential to find the top upcoming SME IPOs. Put the most important things first, like EVs (since the government gives money to people who buy them) or infrastructure (because the budget is ₹11 lakh crore). Strong fundamentals, like good cash flow and competent promoters, as well as a good GMP, point to promise. 

The Most Important SME IPOs to Watch in 2026

Based on what we’ve seen so far, here are some of the most exciting Upcoming SME IPOs for 2026, chosen for their potential in their industry and expected demand:

Gabion Technologies India (BSE SME) is focused on infrastructure and is selling shares for ₹76–81 each from January 6 to 8. Watch for its involvement in building in cities; its excellent fundamentals make it a good choice.

Yajur Fibres (BSE SME): The textiles industry is raising ₹120.41 crore at ₹168–174 per share. It’s a diverse bet with good chances of success, thanks to trends in sustainability and increase in exports.

Rays Power Infra (SME): Focused on energy, information to be announced. It is ready to grow in renewables, where it is on track to reach 500 GW.

Shreyas Fabtech and Nimstech Industries (SME): Making things and technology, TBA. Look for an industrial rebirth; early filings show that there is room for growth through innovation.

These are the best depending on how well they fit into their sectors and the early buzz.

To invest in an SME, open a Demat account with Kotak (fast e-KYC), apply through the app, and keep an eye on live data. To save money, choose options with no fees, like Trade Free Youth.