India’s SME IPO market has a busy day on September 30, 2026. As many as eight SME IPOs open for public subscription on the same day. Together, these issues seek to raise about ₹440 crore, or more exactly ₹439.94 crore, from investors.
The eight companies are TNA Solutions, Omara Ventures India, Sollfege Smart Electronics, Eventions, Acme India Industries, Paramount Syntex, SJP Ultrasonics and Dove Soft. Seven of these companies plan to list on the BSE SME platform, while Eventions plans to list on the NSE SME platform.
The IPOs cover very different businesses. They include home textiles, designer jewellery, electronic products, corporate events, industrial products, textiles, automation equipment and cloud communication services. This makes September 30 an important date for the SME primary market.
Each issue has its own price, size, business model and use of funds. The subscription dates also differ in some cases. Most of the IPOs close on October 5, while TNA Solutions, Acme India Industries and Paramount Syntex stay open until October 6.
TNA Solutions IPO
TNA Solutions has a price band of ₹66 to ₹70 per share. Its IPO size is ₹37.86 crore. The issue opens on September 30 and closes on October 6, 2026. The proposed listing date is October 9. The company plans to list on the SME platform of BSE.
TNA Solutions makes and sells home textile products. Its products include sheet sets, pillow covers, towels, comforters, mattress protectors and quilts. The company serves both Indian and overseas customers. Its facility in Indore handles several stages of production, from fabric work to stitching, quality checks, packing and dispatch.
The issue has a lot size of 2,000 shares. At the upper price of ₹70, one lot costs ₹1.40 lakh. The company proposes to use part of the IPO money for a new manufacturing unit and plant and machinery. It also plans to use funds for working capital and general corporate purposes.
Omara Ventures India IPO
Omara Ventures India is another SME issue that opens on September 30. The company has set its price band at ₹296 to ₹311 per share. The IPO size at the upper price is about ₹41.99 crore. The issue closes on October 5, with a proposed BSE SME listing on October 8.
Omara is the company behind the OMARA designer jewellery brand. The Chandigarh-based business focuses on premium designer jewellery made with natural diamonds and precious metals. The company has received in-principle approval from BSE for its SME listing.
The offer has up to 13,50,000 equity shares. The minimum lot size is 400 shares, but investors must apply for at least two lots. At the upper price of ₹311, the minimum application value for two lots is ₹2,48,800.
The company has said that the IPO funds will support business expansion and help improve its operations and financial performance. The issue gives public investors a chance to take part in the growth plans of a young premium jewellery business.
Sollfege Smart Electronics IPO
Sollfege Smart Electronics has a fixed price IPO at ₹55 per share. The issue size is ₹21.78 crore. The IPO opens on September 30 and closes on October 5. The proposed listing date is October 8. The shares are set for the BSE SME platform.
The company works as a distributor and retailer of premium electronic products. Its business has three main areas: audio solutions, video solutions and smart living solutions.
The issue offers 39.60 lakh shares. The lot size is 2,000 shares, so an investor needs ₹1.10 lakh at the issue price for one lot. The IPO is a fresh issue, which means the money from the new shares goes to the company.
The subscription period ends on October 5. The basis of allotment is due on October 6, while refunds and share credit are due on October 7. The proposed listing date is October 8.
Eventions IPO
Eventions has set its price band at ₹112 to ₹118 per share. Its IPO size is ₹38.12 crore. The issue opens on September 30 and closes on October 5. Eventions plans to list on the NSE SME platform on October 8.
The company works in the corporate events and MICE sector. MICE stands for meetings, incentives, conferences and exhibitions. Eventions provides services for corporate events, conferences, incentive travel and brand activities in India and overseas markets.
The IPO has up to 32,30,400 equity shares. At the top price of ₹118, the issue is worth ₹38.12 crore. It is a fresh issue, so there is no offer for sale from existing shareholders.
The company plans to use the IPO proceeds for several business needs. These include debt repayment, investment in a subsidiary, working capital and general corporate purposes. The minimum bid requires two lots of 1,200 shares each. At ₹118, that comes to ₹2,83,200.
Acme India Industries IPO
Acme India Industries has the largest IPO among these eight companies. Its issue size is ₹121.69 crore at the top of the price band. The price range is ₹186 to ₹196 per share. The issue opens on September 30 and closes on October 6. The proposed listing date is October 9 on BSE SME.
The IPO consists of a fresh issue as well as an offer for sale. The fresh issue has 54,07,200 shares and can raise up to ₹105.98 crore at the upper price. The OFS has 8,01,600 shares and is worth up to ₹15.71 crore. Promoter shareholder Suraj Pandey is the selling shareholder.
The lot size is 600 shares. At ₹196 per share, one lot costs ₹1,17,600.
The company plans to use part of the fresh IPO funds for its business needs. Its offer structure also gives investors exposure to a company that seeks more capital for expansion while an existing promoter shareholder sells part of his stake.
Paramount Syntex IPO
Paramount Syntex has an IPO size of ₹81.79 crore. Its price band is ₹119 to ₹127 per share. The issue opens on September 30 and closes on October 6. The proposed listing date is October 9 on BSE SME.
The company plans to issue up to 64,40,000 equity shares. At the upper price, the public offer is worth ₹81.79 crore. The lot size is 1,000 shares, so an investor needs ₹1.27 lakh for one lot at the top price.
The issue includes a market maker reservation portion of 3,23,000 shares. The remaining net issue has 61,17,000 shares. The company plans to use the IPO funds for capital expenditure, mainly for the purchase of machinery at its existing facility, along with general corporate purposes.
Paramount Syntex is therefore raising fresh market capital at a time when it seeks to improve its production capacity and equipment.
SJP Ultrasonics IPO
SJP Ultrasonics has a fixed-price IPO at ₹67 per share. The total issue size is ₹23.45 crore. The offer opens on September 30 and closes on October 5. The proposed listing date is October 8 on BSE SME.
The company provides plastic joining and automation solutions. Its products and services serve sectors such as automobiles, medical products, electrical and electronic goods, textiles, FMCG, toys, food and packaging, defence and education.
The issue has 35,00,000 equity shares. A portion of 1,76,000 shares is reserved for the market maker. The net issue consists of 33,24,000 shares and is worth ₹22.27 crore.
The minimum bid is 4,000 shares. At ₹67 per share, the minimum application value is ₹2.68 lakh. The company plans to use the money for machinery, working capital and general corporate purposes.
Dove Soft IPO
Dove Soft has an IPO size of ₹73.26 crore. Its price band is ₹104 to ₹111 per share. The issue opens on September 30 and closes on October 5. The proposed listing date is October 8 on BSE SME.
The IPO consists of a fresh issue of 53.28 lakh shares and an offer for sale of 12.72 lakh shares. This gives the company a mix of fresh capital and an exit route for existing shareholders.
Dove Soft provides cloud communication services to businesses and OTT platforms. Its services include transactional SMS, WhatsApp solutions, voice services, automated voice calls, email communication and other digital products. It serves customers across sectors such as telecom, IT, banking and financial services, retail, e-commerce, healthcare and media.
The lot size is 1,200 shares. At ₹111 per share, one lot costs ₹1,33,200. The company has appointed Swastika Investmart as the book-running lead manager, while Purva Sharegistry is the registrar.
What the eight IPOs mean for the SME market
The combined size of these eight IPOs is ₹439.94 crore, which is close to the reported ₹440 crore total. Their businesses are very different, but they share one common goal: access to public capital for growth, expansion, debt needs, working capital or other corporate purposes.
The large difference in issue size is also clear. Acme India Industries seeks ₹121.69 crore, the highest among the group. SJP Ultrasonics has the smallest issue at ₹23.45 crore. Between them are Dove Soft at ₹73.26 crore, Paramount Syntex at ₹81.79 crore, Omara Ventures India at ₹41.99 crore, Eventions at ₹38.12 crore, TNA Solutions at ₹37.86 crore and Sollfege Smart Electronics at ₹21.78 crore.
Different businesses, different IPO plans
The eight issues show the wide range of companies that use India’s SME market to raise capital. TNA Solutions comes from home textiles, while Paramount Syntex is also linked to the textile sector. Omara represents designer jewellery, and Sollfege works with premium electronics.
Eventions operates in corporate events and MICE services. Acme India Industries has a larger industrial business and combines a fresh issue with an OFS. SJP Ultrasonics focuses on industrial automation and plastic joining solutions. Dove Soft operates in cloud communication and digital messaging services.
This mix makes the September 30 IPO list notable. Investors are not looking at eight similar companies. Each offer has a different business model, capital need and level of public-market exposure.
The next dates matter
The subscription period for these IPOs does not end on the same date. Omara Ventures India, Sollfege Smart Electronics, Eventions, SJP Ultrasonics and Dove Soft close on October 5. TNA Solutions, Acme India Industries and Paramount Syntex close on October 6.
The expected listing dates also fall on October 8 or October 9. Sollfege, Omara, Eventions, SJP Ultrasonics and Dove Soft have proposed October 8 listings, while TNA Solutions, Acme India Industries and Paramount Syntex have proposed October 9 listings.
The final dates and terms can change, so investors should use the latest exchange notices and offer documents before any application.
A packed day for India’s SME IPO market
September 30, 2026 marks a major day for India’s SME primary market. Eight companies seek a combined ₹439.94 crore, with issue sizes from ₹21.78 crore to ₹121.69 crore.
The offers also show how varied India’s smaller listed-company market has become. There are businesses from textiles, jewellery, electronics, events, industrial products, automation and cloud communication.
For investors, the key details are not only the price band or IPO size. The business model, use of funds, financial record, debt, valuation and future plans also matter. SME shares can have different market conditions from larger listed companies, so the final offer documents remain an important source of information.
As these eight IPOs move through their subscription periods, the next major data points will be the subscription levels, allotment results and share prices after listing. For now, September 30 stands out as a day when eight SME companies seek close to ₹440 crore from the Indian primary market.
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