A total four small and medium enterprises (SME) initial public offerings (IPO) are inviting bids for their respective issues starting from Monday, 9, September, 2024
Prior to the public subscription period, Shree Tirupati Balajee IPO raised over Rs 50.90 crore from anchor investors.
Chetana Education shares listed at Rs 98.90 on the exchange, compared to the IPO issue price of Rs 85, yielding a return of 16.35 per cent per share for investors
Post listing, Nephro Care shares moved higher to Rs 179.55, and locked in 5 per cent upper circuit, quoting 99.50 per cent higher over the issue price on the NSE SME
Divine Power Energy Ltd (DPEL) made a stellar debut on the NSE Emerge platform today, listing at Rs 155 per share, a premium of 288 per cent over issue price of Rs 40
Nephro Care India IPO: This NSE-SME IPO was subscribed 5.5 times within hours on Day 1 of the offer period.
Nephro Care initial public offering opens for subscription on Friday, aiming to raise Rs 41.26 crore comprising entirely a fresh issue of approximately 4.58 million shares
Beacon Trusteeship's initial public offering (IPO) is set to open for subscription on Tuesday, May 28, 2024
The Refractory Shapes IPO, valued at approximately Rs 18.60 crore, comprises a fresh issue of 6,000,000 equity shares with a face value of Rs 10, with no offer-for-sale component
Automotive components manufacturer Emmforce Autotech has filed draft papers to raise funds through an initial public offering (IPO). The public issue will be entirely a fresh issue of up to 55,00,000 equity shares, each with a face value of Rs 10, the company said in a statement on Thursday. Post the completion of the IPO, the company's shares are proposed to be listed on the SME Platform of BSE Ltd, a platform for small and medium enterprises, it added. The company proposes to utilise the proceeds from the fresh issue towards investment in its subsidiary, Emmforce Mobility Solutions Pvt Ltd (EMSPL). Proceeds will also be used to meet the working capital requirements of the company, and general corporate purposes, as per the draft red herring prospectus (DRHP). "We are planning to invest proceeds from the IPO in our subsidiary company EMSPL to expand its manufacturing capabilities and cater to untapped territories, including Europe, South America, Africa, the Middle East, Asia Pac
99 companies are listed on the NSE's Emerge platform with an aggregate market capitalisation of over Rs 7,600 crore