From The Economic Times · Ritesh Presswala · · 1m 50s
4 SME IPOs List Today
Bench Mark Infotech Services and Himalayan Solar among 4 SME IPOs to list today with high demand.
In brief
Bench Mark Infotech Services and Himalayan Solar among 4 SME IPOs to list today with high demand. Four SME companies including Bench Mark Infotech Services and Himalayan Solar are listing on stock exchanges today after strong investor subscriptions. Originally reported by The Economic Times.
4 SME IPOs List Today
Four SME companies including Dudani Retail, Sai Urja Indo Ventures, Himalayan Solar, and Bench Mark Infotech Services are set to list on stock exchanges today.
Total IPO Value
Collectively, the four public issues raised around Rs 146 crore with Himalayan Solar having the largest issue size at Rs 68.03 crore.
Bench Mark Infotech Subscription
Bench Mark Infotech Services witnessed the highest overall subscription with the issue subscribed more than 100 times.
Dudani Retail IPO Details
The Dudani Retail IPO was a fixed-price issue worth Rs 10.54 crore with a subscription rate of 1.42 times overall.
Sai Urja Indo Ventures IPO
Sai Urja Indo Ventures IPO was a book-built issue worth Rs 24.95 crore with a subscription rate of 3.50 times overall.
Himalayan Solar IPO
Himalayan Solar IPO had the largest issue size at Rs 68.03 crore with a subscription rate of 1.19 times overall.
Bench Mark Infotech Services IPO
Bench Mark Infotech Services IPO was a book-built issue worth Rs 42.44 crore with a subscription rate of 103.12 times overall.
Subscription Breakdown
Bench Mark Infotech Services saw strong individual investor subscriptions at 96.90 times and NII categories at 136.92 times.
Listing Platforms
Dudani Retail and Sai Urja Indo Ventures will list on BSE SME platform while Himalayan Solar and Bench Mark Infotech Services will list on NSE SME platform.
IPO Subscription Dates
All four IPOs opened for subscription on September 25 and closed on September 29 with allotment finalised on September 30.
The main idea
Four SME companies including Bench Mark Infotech Services and Himalayan Solar are listing on stock exchanges today after strong investor subscriptions.
