This week, several SME IPOs are set to list, offering new investment opportunities. Below are the details of the upcoming IPOs that are going live on BSE SME and NSE SME:
HVAX Technologies IPO
- Issue Size: ₹33.53 crores
- Type: Book-built issue with 7.32 lakh fresh shares
- Listing Date: October 7, 2024, on NSE SME
- Price Band: ₹435 to ₹458 per share
- Minimum Investment: Retail investors can apply for a minimum lot of 300 shares, requiring an investment of ₹137,400. HNIs need to apply for at least 600 shares (2 lots), amounting to ₹274,800.
- Key Parties Involved: Fedex Securities Pvt Ltd is the book-running lead manager, Kfin Technologies Limited is the registrar, and Aftertrade Broking is the market maker.
Saj Hotels IPO
- Issue Size: ₹27.63 crores
- Type: Fixed price issue with 42.5 lakh fresh shares
- Listing Date: October 7, 2024, on NSE SME
- Price: ₹65 per share
- Minimum Investment: Retail investors can apply for a minimum lot of 2000 shares, requiring ₹130,000. HNIs need to apply for at least 4000 shares (2 lots), amounting to ₹260,000.
- Key Parties Involved: Corpwis Advisors Private Limited is the book-running lead manager, Satellite Corporate Services Private Limited is the registrar, and Nnm Securities is the market maker.
Subam Papers IPO
- Issue Size: ₹93.70 crores
- Type: Book-built issue with 61.65 lakh fresh shares
- Listing Date: October 8, 2024, on BSE SME
- Price Band: ₹144 to ₹152 per share
- Minimum Investment: Retail investors can apply for a minimum lot of 800 shares, requiring an investment of ₹121,600. HNIs need to apply for at least 1600 shares (2 lots), amounting to ₹243,200.
- Key Parties Involved: Gretex Corporate Services Limited is the book-running lead manager, Bigshare Services Pvt Ltd is the registrar, and Gretex Share Broking is the market maker.
Paramount Dye Tec IPO
- Issue Size: ₹28.43 crores
- Type: Book-built issue with 24.3 lakh fresh shares
- Listing Date: October 8, 2024, on NSE SME
- Price Band: ₹111 to ₹117 per share
- Minimum Investment: Retail investors can apply for a minimum lot of 1200 shares, requiring ₹140,400. HNIs need to apply for at least 2400 shares (2 lots), amounting to ₹280,800.
- Key Parties Involved: Gretex Corporate Services Limited is the book-running lead manager, Bigshare Services Pvt Ltd is the registrar, and Gretex Share Broking is the market maker.
NeoPolitan Pizza and Foods IPO
- Issue Size: ₹12 crores
- Type: Fixed price issue with 60 lakh fresh shares
- Listing Date: October 9, 2024, on BSE SME
- Price: ₹20 per share
- Minimum Investment: Retail investors need to apply for a minimum lot of 6000 shares, requiring ₹120,000. HNIs can apply for at least 12,000 shares (2 lots), amounting to ₹240,000.
- Key Parties Involved: Turnaround Corporate Advisors Private Limited is the book-running lead manager, Bigshare Services Pvt Ltd is the registrar, and Mnm Stock Broking is the market maker.
Khyati Global Ventures IPO
- Issue Size: ₹18.30 crores
- Type: Fixed price issue with a mix of fresh issue and offer for sale
- Listing Date: October 11, 2024, on BSE SME
- Price: ₹99 per share
- Minimum Investment: Retail investors can apply for a minimum lot of 1200 shares, requiring ₹118,800. HNIs need to apply for at least 2400 shares (2 lots), amounting to ₹237,600.
- Key Parties Involved: Aryaman Financial Services Limited is the book-running lead manager, Bigshare Services Pvt Ltd is the registrar, and Aryaman Capital Markets is the market maker.
These listings present a diverse range of investment opportunities across various industries, offering different price points and investment sizes. Investors interested in SME IPOs should review each offering to determine its potential based on their investment strategy.