The Indian SME IPO market is set for another active session as three companies — Ashutosh Fibre, Shanti Inorganics and Phychem Technologies — are scheduled to list on the SME platforms today, Monday, September 7, 2026.
Investor interest is particularly strong in the two NSE SME issues, with Ashutosh Fibre and Shanti Inorganics commanding healthy grey market premiums (GMPs) ahead of their listings. Ashutosh Fibre is currently trading at a GMP of around 61%, while Shanti Inorganics is commanding a premium of approximately 65%. Meanwhile, Phychem Technologies, which is set to list on the BSE SME platform, is seeing a much lower GMP of around 2%, indicating relatively modest potential listing gains.
