Overview

• Emiac Technologies is raising Rs. 31.75 crore with a price band of Rs. 93-Rs. 98, with allotment due on April 9 and listing on April 13.

• Vivid Electromech’s Rs. 131 crore IPO closed on March 30, with a higher price band of Rs. 528-Rs. 555. Its allotment will be on April 1 and listing on April 6.

• Safety Controls IPO will open from April 6 to April 8, aiming to raise Rs. 48 crore at Rs. 75-Rs. 80 per share, backed by revenue growth to Rs. 103.50 crore.

Indian SME IPO market is buzzing this week with three distinct SME companies hitting the exchanges. The list includes Emiac Technologies, Vivid Electromech, and Safety Controls and Devices. These listings are perfect for traders and investors looking for fresh opportunities across the digital, electrical, and infrastructure sectors. Understanding the timing, pricing, and financial health of these firms is key to making an informed decision before the bidding windows close. Let’s break down everything you need to know in detail. 

Digital Growth with Emiac Technologies

Emiac Technologies is currently open for subscription, having started its bidding process on March 27. This digital marketing firm is looking to raise about Rs. 31.75 crores. The window stays open until April 8, giving investors a bit more time to evaluate their position. The price is set between Rs. 93 and Rs. 98 per share. If you are a retail investor, you will need to bid for at least one lot of 2,400 shares, which adds up to an application cost of Rs. 2,35,200.

Financially, Emiac Technologies shows a fast growth track. Its revenue jumped from roughly Rs. 5.38 crores in 2024 to over Rs. 20 crores in 2025. Profits followed a similar path, rising to Rs. 4.22 crores. The company plans to use the money to buy new hardware, software, and hire more staff to keep this momentum going. Allotment is expected on April 9, with the listing scheduled for April 13 on BSE SME platform.

Industrial Precision with Vivid Electromech

Vivid Electromech recently wrapped up its bidding period on March 30, but the next few days are critical for those who applied. This company, which specializes in control and automation systems, is a much larger play with an issue size of around Rs. 131 crores. The price band is high, ranging from Rs. 528 to Rs. 555. 

The financial performance is quite strong. Vivid Electromech’s profits skyrocketed from Rs. 4.28 crores in 2024 to Rs. 20 crores in 2025. They will be using the money raised to set up a new manufacturing unit and pay off existing debt. If you applied for this IPO, keep an eye on April 1, which is the allotment date. The shares are set to list on NSE SME exchange on April 6.

Infrastructure and Energy with Safety Controls

If you missed the first two, Safety Controls and Devices is just about to start its journey. This Lucknow-based firm offers engineering and project services for government power utilities and solar plants. Safety Controls and Devices’ IPO opens on April 6 and will run until April 8. The company aims to raise Rs. 48 crores with a price band of Rs. 75 to Rs. 80 per share. Retail players will need to commit Rs. 2,56,000 for a lot size of 3,200 shares.

Safety Controls and Devices has shown consistent growth. Its revenue has more than doubled in the last year, hitting Rs. 103.50 crores in 2025. The company’s focus on government contracts and its plans to expand into EV charging stations and large solar projects make it a promising long-term bet. Allotment for this issue is set for April 9, with a BSE SME listing on April 13.

Also Read: IPO News: Apsis Aerocom GMP Hits Rs. 26, Bluegod Rs. 31 Cr Issue, MiniMed at $20

Market Outlook for Investors

The above-mentioned options reveal that the SME sector is favoring companies with high growth and clear paths for utilizing capital. Emiac offers a tech-heavy AI play, Vivid provides a solid industrial manufacturing foundation, and Safety Controls taps into the growing infrastructure and renewable energy space. Investors should watch the gray market premiums and subscription levels closely to gauge market sentiment.

Also Read: INOX Air Products Eyes $1B IPO With Kotak, JPMorgan & Citi

FAQs

1. Which Indian IPOs are open this week?

Emiac Technologies IPO is currently open for subscription and will close on April 8, 2026. Vivid Electromech IPO has already closed and is now in the allotment phase. Safety Controls IPO will open on April 6 and close on April 8, giving investors another opportunity in the SME segment.

2. What is the allotment date of Vivid Electromech IPO?

The allotment date for Vivid Electromech IPO is April 1, 2026. Investors who applied for the issue can check their allotment status on or after this date. The IPO is expected to list on the NSE SME platform on April 6, 2026.

3. When will Safety Controls IPO open?

Safety Controls IPO will open for subscription on April 6, 2026, and will close on April 8, 2026. The company aims to raise around Rs. 48 crore through this issue. The IPO is expected to be listed on the BSE SME platform on April 13, 2026.

4. What is the price band of Emiac Technologies IPO?

Emiac Technologies IPO is priced between Rs. 93 and Rs. 98 per share. The company plans to raise around Rs. 31.75 crore through this issue. Investors need to apply for a minimum lot of 2,400 shares, which requires an investment of about Rs. 2.35 lakh.

5. What is the latest IPO news?

The SME IPO market is active this week with three companies in focus: Emiac Technologies, Vivid Electromech, and Safety Controls. These IPOs span digital services, industrial systems, and infrastructure sectors. Strong financial growth and upcoming listing dates are keeping investor interest high.