This report features the Top 10 SME IPOs of 2026 by Retail subscription status in India (since 2007).
Retail subscription refers to how many times retail investors have applied for the shares reserved for the retail category in an IPO. Retail investors can submit applications up to ₹2 lakh for the shares reserved exclusively for the Retail investor category.
Higher retail Investor participation in an IPO indicates strong interest among small, individual investors. Companies with attractive pricing compared to listed peers, strong fundamentals, bullish market, and QIB subscription levels build confidence among Retail investors to participate.
A higher retail Investor participation is based on the following parameters :
Planning an SME IPO?
End-to-end support from preparation to listing.
Note:
Access the complete list of research reports and insights for better investment decisions.