Acme Universal Safezone 9 debuts 42% higher on BSE SME
In short
Three SME IPOs listed on the BSE SME platform on 6 October. Acme Universal Safezone 9 started 42% above its issue price, while Pind Hospitality opened at a 20% discount. Together, the three companies raised nearly Rs 68 crore.
This matters because it shows how investors received the new listings. But the reporting does not give the full reason for the different opening prices.
What the reporting says
Acme Universal Safezone 9 debuted 42% above its issue price on the BSE SME platform on 6 October, alongside Pind Hospitality and Shivchem Agro, according to a publisher summary. The three SME IPOs together raised nearly Rs 68 crore, and subscription levels ranged from 2.20 times to 23.41 times. The immediate market reaction was mixed, with Pind Hospitality opening at a 20% discount, but the source does not give each issue’s full listing details.
Why it matters
Three SME IPOs — Acme Universal Safezone 9, Pind Hospitality and Shivchem Agro — debuted on the BSE SME platform on 6 October. The publisher summary says the companies together raised nearly Rs 68 crore, with subscription levels from 2.20 times to 23.41 times. Acme Universal Safezone 9 listed at a 42% premium, while Pind Hospitality opened at a 20% discount. Full issue-wise details were not stated.