Ahmedabad-based Mittal Sections is launching a Rs 53 crore IPO on Tuesday to fund expansion, working capital, and debt reduction. The steel manufacturer aims to significantly boost its production capacity. With a price band of Rs 136-143, the issue closes October 9, targeting a BSE SME listing on October 14. Investors can anticipate a potential boost in the steel sector.Read More
Dhillon Freight Carrier is listing on the BSE SME platform on October 7. The company completed a Rs 10.08 crore IPO. Retail investors showed strong interest. The stock may list near its issue price. Dhillon Freight offers logistics solutions across several Indian states. The IPO funds will help expand its fleet and operations.Read More
Suba Hotels is set to list on the NSE SME platform on October 7. The company’s Rs 75 crore IPO saw strong investor demand, with a subscription of 15.33 times. The grey market premium indicates a positive debut. Suba Hotels operates 88 hotels across 50 cities. Funds raised will support hotel upgrades and expansion plans.Read More
Vijaypd Ceutical’s NSE SME debut on October 7 sees muted investor expectations with a near-zero grey market premium, suggesting a listing close to its Rs 35 issue price. The Rs 19.25 crore IPO saw moderate subscription, primarily driven by non-institutional investors, indicating cautious sentiment amid a surge of SME listings.Read More
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