CLN Energy IPO subscribed over 2 times so far on Day 2: Check GMP, price band and other details
The SME initial public offering (IPO) of CLN Energy was fully subscribed on Friday with an overall subscription of 2.09 times as of 11:30 AM on the second day of bidding. The company aims to raise Rs 72 crore through the SME IPO, with the shares set to list on the BSE SME platform. The…
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Delta Autocorp IPO subscribed over 27 times on Day 2 so far. Check GMP, price band and other details
The SME initial public offering (IPO) of Delta Autocorp was fully subscribed on Wednesday with overall subscriptions of 27.93 times by 12:04 PM on the second day of bidding. The company aims to raise Rs 55 crore through the SME IPO, with the shares set to list on the NSE SME platform. The retail portion…
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Identical Brains Studios IPO subscribed 200 times so far on Day 3: Check key dates, GMP, price band and key other details
The SME IPO of Identical Brains Studios, which will close for public subscription on Friday, has been subscribed 200 times so far, driven by a robust demand from the market participants. Around 11:30 am, the non-institutional investors (NIIs) subscribed to the issue over 65.6 times while the retail investors applied for 36.55 crore shares, attracting…
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SME IPO shocker: Two-showroom bike dealer got 400x subscription but lists flat
Shares of Resourceful Automobile, which buys and sells automobiles, listed flat on the BSE SME platform at Rs 117. The Rs 12 crore SME IPO made headlines for its strong subscription, despite the company currently operating just two Yamaha showrooms. However, ahead of the listing, the company’s shares traded at a GMP (Grey Market Premium)…
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