March sees 25 new listings on Dalal Street, with SMEs leading the pack. Owais Metal shines with a 368% increase, while Exicom Tele-Systems tops the mainline category with a 51.1% gain. Overall, a total of 76 companies have made their debut on Dalal Street in CY24 thus far.
Signoria Creation s SME IPO, which aims to raise Rs 9.3 crore, is open for subscription. The company manufactures and markets women s apparels like kurtis, tops, gowns, and dupattas. The IPO is in line with the projected growth of the women apparel market and will be listed on NSE SME platform.
The Royal Sense IPO was subscribed over 0.71 times on the first day of bidding on March 12. The SME IPO received 9,18,000 share application against offered 12,90,000 shares on Tuesday.
Seven IPOs to raise ₹720 crore this week in India - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Mainboard will see Popular Vehicles and Krystal Integrated opening for subscription next week, Pratham EPC, Signoria Creation, Royal Sense, and AVP Infracon are slotted in SME category.