New Delhi: Three SME IPOs, namely, Sati Poly Plast, Aelea Commodities and Prizor Viztech, worth over Rs 88 crore, opened for subscription on Friday, July 12, 2024. The 3 IPOS will close next week on Tuesday, July 16, 2024. These IPOs are likely to list on July 22, 2024, on the respective SME indices operated by the BSE and NSE.
Sati Poly Plast IPO GMP
Sati Poly Plast IPO worth rs 17.36 crore opened on July 12, 2024, with 13,35 lakh fresh shares on offer priced at Rs 123-130 apiece. Sati Poly Plast raised Rs 4.92 crore from anchor book investors on July 11, 2024. Sati Poly Plast IPO GMP is priced at Rs 70 apiece, indicating a listing price of Rs 200 apiece, indicating a 53.85 per cent premium over the upper IPO price band. Sati Poly Plast IPO was subscribed 15.06X on the first subscription on Friday.
Aelea Commodities IPO
The Aelea Commodities IPO worth Rs 51 crore comprises 53.69 lakh new shares issued at a price band of Rs 91-95 apiece. The company raises Rs 14.52 crore from anchor investors on July 11, 2024. With an estimated listing price of Rs 140 apiece, Aelea Commodities IPO GMP stood at Rs 45 apiece, indicating a 47.27 per cent premium listing for the IPO, according to investorgain.com. Aelea Commodities IPO was susbcribed 3.22X on day 1 of the issue opening.
Prizor Viztech IPO GMP
The Rs 25.15 crore Prizor Viztech IPO comprises 28.91 lakh freshly issued shares priced at Rs 82-87 apiece. The IPO, whose minimum lot size is 1,600 shares is likely to list on the NSE SME index by July 22, 2024. Prizort Viztech IPO GMP stood at Ra 50 apiece on Friday, indicating a 57.47 per cent premium over the IPO price. Prizor Viztech IPO was subscribed 5.42X on day 1 of issue opening.
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IPO Update: How IPOs of 3 SME companies, namely, Sati Poly Plast, Aelea Commodities and Prizor Viztech performed today. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
