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Who can bid for an SME IPO?

A list of bidders eligible to participate in an SME IPO includes the following;

  • Indian nationals resident in India
  • Hindu Undivided Family (HUF) in the individual name of Karta
  • SEBI-registered mutual fund houses
  • Eligible NRIs on repatriation or on a non-repatriation basis
  • Financial institutions including scheduled commercial banks, cooperative banks, and regional rural banks
  • Foreign Portfolio Investors (FPIs)
  • Limited Liability Partnerships (LLPs) registered in India and allowed to invest in equity
  • Insurance companies registered with IRDA
  • Provident funds and pension funds
  • Any other person who is eligible to apply for the offer under applicable laws, rules & regulations.
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