Archive · 24 Jul 2026
SMEs raise Rs 3,752 crore via 80 IPOs in Jan-June 2026
In the first half of 2026, 78 small and medium-sized businesses in India raised a total of Rs 3,752 crore through initial public offerings (IPOs).
Most of this money, about Rs 3,555 crore, came from new investments to help these businesses grow.
This is a bit less than the amount raised in the same period last year, but the number of IPOs was also lower.
Experts say this shows that investors are still interested in supporting good SMEs, even though the market is not as busy as it was in previous years.
In the second quarter of 2026, 38 SMEs raised nearly Rs 1,891 crore, which is more than the same quarter last year.
78 SMEs raised Rs 3,752 crore through IPOs in the first half of 2026.
Fresh capital accounted for 95% of the total funds raised.
The number of IPOs was lower than in previous years, but the total amount raised was only marginally lower.
Q2 2026 saw 38 SME listings raising Rs 1,891 crore, up from Rs 1,644 crore in the same quarter a year earlier.
The SME IPO market has settled into a more balanced level of activity.
- Who
- Small and medium enterprises (SMEs)
- What
- Raised Rs 3,752 crore through 80 IPOs
- When
- First half of calendar year 2026
- Where
- India
- Why
- To fund business expansion and maintain access to equity capital
Optimistic View
Cautious View
Market Activity
Optimistic View
The market shows sustained investor interest in SME offerings, with healthy fundraising levels despite fewer IPOs.
Cautious View
The market has moderated from previous highs, indicating a potential cooling off period.
- Total SMEs
- 78
- Total Funds Raised
- Rs 3,752 crore
- Fresh Capital
- Rs 3,555 crore (95%)
- Offer for Sale
- Rs 197 crore
- Q2 CY26 Listings
- 38
- Q2 CY26 Funds Raised
- Rs 1,891 crore