Along the lines of the buzz in the mainboard initial public offering (IPO) space, public issues are being launched in the small and medium enterprises (SMEs) category as well. Currently, there are 4 SME IPOs open for public subscription.
Further, the SME IPO of Annapurna Swadisht will close for subscription today. Here is a breakdown.
Agencies
2/5
Containe Technologies
The Rs 2.48-crore issue from the auto components player opened for subscription on September 20. Investors can bid for a minimum of 8000 shares at an issue price of Rs 15. Finshore Management is the lead manager for the issue, which will be listed on the BSE.
3/5
Kandarp Digi Smart BPO
The IT company launched its Rs 7.68-crore IPO on September 16. The issue is set to end on September 20. Investors can make an application for a minimum share lot of 3,000 equity shares at a price of Rs 30. Post the issue, the promoter shareholding in the stock shall become 69.91 per cent. The shares of the company shall list on the NSE.
4/5
Maks Energy Solutions
The electric and electronics equipment entity launched its Rs 3.792-crore issue on September 16. The offering shall see a closure for subscription on September 20. Interested investors can put in a bid for a minimum of 6,000 shares at Rs 20 each. Sun Capital Advisory is the lead manager for the issue, which will debut on the NSE.
5/5
Varanium Cloud
This is another IT company that launched its public issue on September 16. In the Rs 30.67-crore IPO, investors can bid for a minimum of 1,000 shares at a fixed price of Rs 122. First Overseas is the lead manager, while the registrar is Bigshare Service. The issue will be listed on the NSE.
