What are the different types of IPOs?
There are two types of IPOs:
SME IPO | Mainboard IPO | |
Average Application Size | Minimum of ₹2 lakh* | ₹14,000 – ₹15,000 |
Listing on Stock Exchanges | Can be listed only on one exchange. | Can be listed on both exchanges. |
*Note: The minimum investment for SME IPOs has increased to 2 lots or ₹2 lakhs, but this applies only to IPOs that filed their prospectus after March 2025. Many upcoming IPOs may still have a ₹1 lakh minimum, as older prospectuses are valid for up to a year.