2 Major SME IPOs To Watch Next Week: Check Dates, Price Band, GMP & Subscription Details

The SME IPO segment is going to be active next week with two key public issues Amba Auto Sales & Services IPO and Adisoft Technologies IPO.

Amba Auto Sales & Services IPO All The Key Details

The Amba Auto Sales & Services IPO is a book-built issue worth Rs. 65.12 crore, consisting entirely of a fresh issue of 0.48 crore shares. The IPO will open for subscription on April 27, 2026, and close on April 29, 2026.
The allotment is expected to be finalised on April 30, 2026, while the company is likely to list on the NSE SME platform on May 5, 2026.

Price Band & Investment Details

The IPO price band is fixed at Rs. 130 to Rs. 135 per share. The lot size is 1,000 shares, making the minimum retail investment Rs. 1,35,000 (at upper band for 1 lot; typically 2 lots for retail in SME, totalling Rs. 2,70,000 depending on rules). For HNI investors, the minimum investment starts at 3 lots (3,000 shares) amounting to Rs. 4,05,000.

GMP & Listing Expectations

As per the latest data, the Amba Auto Sales & Services SME IPO GMP is Rs. 0, indicating muted grey market sentiment. Based on this, the estimated listing price stands at Rs. 135, suggesting no expected listing gains at the moment.

Adisoft Technologies IPO All the Key Details

The Adisoft Technologies IPO is another book-built SME issue worth Rs. 74.10 crore, entirely comprising a fresh issue of 0.43 crore shares. The IPO opened earlier on April 23, 2026, and will close on April 27, 2026.

The allotment is expected on April 28, 2026, with listing scheduled on the NSE SME platform on April 30, 2026.

Price Band & Investment Details

The IPO price band is set at Rs. 163 to Rs. 172 per share, with a lot size of 800 shares. Retail investors need a minimum investment of Rs. 2,75,200 (2 lots), while HNI investors must invest in at least 3 lots (2,400 shares), amounting to Rs. 4,12,800.

Subscription Status & GMP Trends

Adisoft Technologies IPO has received a strong response from investors, being subscribed 3.34 times overall by Day 2. The retail investors subscribed 2.91 times, the QIB category was subscribed 3.67 times and the NII category was subscribed 3.90 times.

The latest Adisoft Technologies IPO GMP stands at Rs. 11, indicating positive sentiment in the grey market. Based on this, the estimated listing price is Rs. 183, implying a potential gain of around 6.40% per share.