Where does the SME IPO get listed?

SME IPOs (Small and Medium Enterprises Initial Public Offerings) are listed on dedicated SME Platforms of stock exchanges in India. These platforms are specially designed for small and medium-sized companies to raise capital and get listed in a simplified, cost-effective way.

SME IPOs are listed on:

1. BSE SME Platform: Launched by the Bombay Stock Exchange (BSE)
2. NSE Emerge: Launched by the National Stock Exchange (NSE)

Key Features of SME Platforms:

• Tailored for SMEs with relaxed listing norms compared to the mainboard.
• Lower compliance burden.
• Allows SMEs to access public funds and gain visibility.
• Minimum post-issue capital requirement: ₹1 crore to ₹25 crore (beyond ₹25 crore, companies can list directly on the mainboard).

Migration to Mainboard:

Once an SME grows and meets certain conditions (such as market capitalisation, profitability, and investor base), it can transition from the SME platform to the main board for improved liquidity and visibility.