What is the maximum and minimum amount I need to apply for an SME IPO?
When applying for an SME IPO through FYERS, the investment limits are defined by the issuing company's lot size and price band. SME IPOs generally require a higher minimum investment compared to mainboard IPOs, often exceeding ₹1 Lakh.
SME IPO investment limits
- Minimum amount: Typically above ₹1,00,000, depending on the price band and minimum lot size.
- Maximum amount: ₹5,00,000 per application for retail participation.
These amounts can vary between IPOs, so always review the lot size and price details before applying.
Investor categories
Your investment amount determines the IPO category you fall into:
- Up to ₹2 Lakhs: Treated as a Retail Individual Investor (RII)
- From ₹2 Lakhs to ₹5 Lakhs: Categorised under Non-Institutional Bidders (NIB)
Each SME IPO's prospectus will outline these limits, and FYERS provides this information during the IPO application window.
What if?
| Scenario | Explanation |
|---|
| You apply below the minimum lot size | Your application may be rejected or considered invalid. |
| You apply over ₹5 Lakhs as an individual | Your application won't be considered under the permitted investor categories. |
| The lot size seems too large | SME IPOs are structured this way and may require higher upfront capital. |
| You want to check specific IPO limits | Visit the IPO section in FYERS to view the lot size and pricing details before applying. |
Always check the lot size and investment band before applying. The minimum amount can differ significantly between SME IPOs.
Last updated: 11 Jun 2025
Related Articles
How can I apply for an SME IPO in FYERS?
Applying for an SME IPO through FYERS is a simple and fully online process. You can complete the entire process through the FYERS Web or App platform using your UPI ID for payment authorisation. Steps to apply for an SME IPO on FYERS App Open the ...
What is an SME IPO?
An SME IPO (Small and Medium Enterprise Initial Public Offering) enables small and medium-sized businesses to raise capital by listing their shares on dedicated SME platforms of stock exchanges like NSE Emerge or BSE SME. These IPOs are tailored to ...
What's the difference between an SME IPO and a general IPO?
The key difference between an SME IPO and a general IPO lies in the size of the company and the stock exchange segment on which the shares are listed. SME IPO vs General IPO SME IPO (Small & Medium Enterprises IPO): Designed for small and ...
What is the minimum amount required to invest in corporate bonds?
At FYERS, the minimum investment required to apply for corporate bonds—whether in the primary (Debt IPO) or secondary market—is typically ₹10,000. This accessible entry point allows retail investors to diversify their portfolios with fixed-income ...
How can I modify or cancel my SME IPO application on FYERS?
You can change your bid (quantity/price) or cancel an SME IPO application on FYERS while the IPO bidding window is open. Once the issue closes, both options are disabled. Use the steps below for FYERS App and FYERS Web. On FYERS App Open the FYERS ...