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Growing retail investor confidence drives strong interest in SME IPOs. Companies like Australian Premium Solar and Pratham EPC Projects witness substantial gains post listing. However, caution is advised, as some companies like MVK Agro Food Product are trading below issue price.
IPOs in January: Kay Cee Energy & Infra stood at the top of the heap. It is currently trading at ₹295.95 apiece- 447% higher than its IPO price of ₹54.
All these four companies have finalised the basis of allotment of IPO shares on January 1 and the process of transfer of equity shares to the demat accounts of successful investors is scheduled to be completed by January 2
Sameera Agro shares were listed on NSE SME platform and the day's high stood at Rs 185.
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