Mumbai: Foreign institutional investors and hedge funds participating in the initial public offering made on the small and medium enterprises (SME) exchange platforms is fast gaining traction. Investors are flocking to SME stocks as the reward for the risk taken on the SME platform is more attrac…
Tag: Pantomath Group
Maheshwari Logistics SME IPO garners Rs 123 cr subscription
The initial public offer of Maheshwari Logistics has garnered a whopping subscription of Rs 123 crore, making it the second highest share sale of a small and medium enterprise (SME). The issue, which was subscribed 4.53 times of total shares offered, witnessed huge participation of both retail an…
SME IPO Agro Phos India sees highest ever subscription of over Rs 200 cr
Indore-based Agro Phos India Ltd, has taken the Small and Medium Enterprises (SME) markets by storm garnering a whopping subscription of over Rs200 crore—the largest subscription ever received by an SME IPO( initial public offering). The issue opened for subscription on 27 October and closed on N…
SME IPOs catch investors’ eye, subscription multiplies
Small and medium enterprise (SME) IPO market has started to gain traction among investors, with public issues of several firms, including DRA Consultants and Sysco Industries, getting oversubscribed multiple times. Moreover, mutual funds, banks and brokerages have started showing interest in the …
27 SME IPO Papers in 2016
To tap the upbeat market sentiment, as many as 27 Small and Medium Enterprises (SMEs) have filed draft papers this year to raise funds totalling over Rs 220 crore through initial public offerings. The shares will be listed on the SME platforms of BSE and the National Stock Exchange (NSE). Since t…