Three SME IPOs list today after raising Rs 109.24 crore
In short
Three SME IPOs are set to list on October 7. The companies are Vans Electroengineerings, Papadmalji Agro Foods and Black Opal Consultants, and they raised Rs 109.24 crore together. Vans Electroengineerings was subscribed 628.73 times.
This matters because it shows strong interest in these small-company offerings. The listing prices and first-day performance are not stated in the available reporting.
What the reporting says
Three SME IPOs — Vans Electroengineerings, Papadmalji Agro Foods and Black Opal Consultants — are set to list on October 7 after raising Rs 109.24 crore together. Vans Electroengineerings drew the strongest demand, with its issue subscribed 628.73 times. The reporting does not state opening prices or how the shares will trade after listing.
Why it matters
Three SME IPOs are set to list on October 7 after raising Rs 109.24 crore collectively. The names given are Vans Electroengineerings, Papadmalji Agro Foods and Black Opal Consultants, and Vans Electroengineerings had the strongest subscription at 628.73 times. The immediate listing performance and price discovery are not stated in the available reporting.