Key Takeaways
- SME IPOs stay active as Sacheerome, Jainik Power, and Monolithisch India aim to raise ₹195 crore next week.
- Ganga Bath Fittings gears up for its NSE SME listing on June 11, marking a crucial market moment.
- With no mainline IPOs, investors must navigate high entry costs and niche sectors amid shifting market trends.
After extreme volatility in May, the Indian primary market is heading into a quieter phase for large-scale IPOs. Between June 9 and June 13, 2025, no new mainline IPOs are scheduled to open. However, the SME (Small and Medium-sized Enterprise) segment is staying active.
Three new IPOs will open for subscription, and one company is set to debut on the NSE SME platform. Investors looking for emerging business opportunities should watch out for the upcoming IPOs listed below.
Upcoming IPO Listings in June 2025
You should look out for the following SME IPOs this week:
Sacheerome IPO: Fragrance Maker’s ₹61.62 Crore Debut
Sacheerome, a company in the fragrance and aroma sector, will open its IPO on Monday, June 9. The offer will close on Wednesday, June 11, 2025. This is a book-built issue with a total size of ₹61.62 crore. It consists entirely of a fresh issue of 6.04 million shares.
Retail investors can bid in lots of 1200 shares, with a minimum investment of ₹1,15,200. The basis of allotment will likely be finalised by June 12. Shares are expected to list on the NSE SME platform on Monday, June 16. Sacheerome’s IPO comes at a time of rising in consumer-oriented SMEs.
Price Band: ₹96-₹102 per share
Jainik Power and Cables IPO: Power Sector Player Opens on June 10
Jainik Power and Cables is set to open its IPO on Tuesday, June 10, and will close on Thursday, June 12, 2025. The plans to raise ₹51.3 crore through a fresh issue of 4.66 million shares. Jainik operates in the and infrastructure sector and is positioning itself to benefit from growing demand.
The lot size is 1200 shares. A retail investor will need ₹1,20,000 to make the minimum bid. The basis of allotment will be completed by Friday, June 13. Shares are likely to list on the NSE SME on Tuesday, June 17. Skyline Financial is the registrar, and Fast Track Finsec is the lead manager.
Price Band: ₹100-₹110 per share
Monolithisch India IPO: ₹82.02 Crore Issue with Premium Pricing
Monolithisch India will open its IPO on Wednesday, June 12. The subscription window will close on Monday, June 16, 2025. This is the largest SME IPO of the week. The company aims to raise ₹82.02 crore from a fresh issue of 5.76 million equity shares. Monolithisch operates in precision .
Retail investors can apply for lots of 1000 shares. The minimum investment stands at ₹1,35,000. The allotment will likely be finalised by Tuesday, June 17. The expected listing date is Thursday, June 19, on the NSE SME platform.
Price Band: ₹135-₹143 per share
Ganga Bath Fittings: Listing Expected on June 11
Ganga Bath Fittings, which recently closed its IPO, is expected to debut on Wednesday, June 11, 2025. The issue saw a modest oversubscription of 1.5 times as of the final bidding day. The allotment for Ganga Bath Fittings will be finalised by Monday, June 9.
The grey market premium remains flat, which reflects moderate demand. This listing will be a key signal of investor sentiment in the SME market during a volatile period.
Conclusion: A Focused Week for SME Investors
All eyes will be on SME IPOs next week. A total of ₹195 crore is being raised across three new offerings, while Ganga Bath Fittings makes its debut. Retail and institutional investors will need to weigh their choices carefully, given the high entry costs and niche sectors. For those interested in emerging companies, the week offers both opportunities and challenges.