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Of the five, three SME public issues -- Marinetrans India, Net Avenue and Graphisads --- have opened for subscription on Thursday. While Net Avenue's public offer closes on December 4, the other two issues close on December 5.
The demand in the market for metal forgings is driven by the growth of the automotive industry and energy sectors such as oil and gas refineries and thermal power plants.
The company is primarily engaged in the business of manufacturing of colorants finding its application in food, drug, cosmetics, cleaning compounds, agriculture and other industries.
Kalyani Cast Tech stock opened at Rs 264.1 against the IPO price of Rs 139 on BSE SME
Kalyani Cast Tech, an SME, is looking to raise Rs 30.11 crore through the offer, which is entirely a fresh issue