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What is the minimum lot to apply for SME IPOs for retail and HNI categories?
Updated 4 November 2025
Language: EN
In the case of an SME IPO, the minimum lot size is decided based on the offer price of the shares. The below table mentions the price band and applicable market lot size:
Price Band
Minimum Lot Size (No. of Shares)
Up to Rs 14
10000
More than Rs 14 up to Rs 18
8000
More than Rs 18 up to Rs 25
6000
More than Rs 25 up to Rs 35
4000
More than Rs 35 up to Rs 50
3000
More than Rs 50 up to Rs 70
2000
More than Rs 70 up to Rs 90
1600
More than Rs 90 up to Rs 120
1200
More than Rs 120 up to Rs 150
1000
More than Rs 150 up to Rs 180
800
More than Rs 180 up to Rs 250
600
More than Rs 250 up to Rs 350
400
More than Rs 350 up to Rs 500
300
More than Rs 500 up to Rs 600
240
More than Rs 600 up to Rs 750
200
More than Rs 750 up to Rs 1000
160
above Rs 1000
100