Results for: NSE SME

The IPO allotment for Veritaas Advertising has been finalized and investors can check their status on the registrar’s portal, Mas Services Limited. The IPO opened for bidding on May 13 and closed on May 15, and the listing date has been set for May 21 on NSE SME. To check your allotment status, follow these steps:

1. Visit the Mas Services Limited website: https://www.masserv.com/opt.asp
2. Select ‘Application Number’ or ‘DP ID and Client ID’ as your search method.
3. Enter the required details and captcha code.
4. Click ‘Submit’ to view your allotment status.

Winsol Engineers, a leading provider of engineering services for renewable energy firms, made a strong debut on the NSE SME platform today. The company’s shares were listed at ₹ 365 apiece, a significant 386% premium over the issue price of ₹ 75 per share. The company’s ₹ 23.36-crore public offer consisted of a fresh issue of 31.15 lakh shares. The issue received robust subscription, with non-institutional investors buying 1,088 times their allotted quota, retail investors picking up 780 times their reserved portion, and QIBs buying 207 times their share.

TAC Infosec, backed by renowned investor Vijay Kedia, has witnessed a remarkable surge in its share price since its debut on the NSE SME. The stock has climbed over 400% in less than a month, generating significant returns for investors. TAC Infosec’s IPO received an overwhelming response, with oversubscription levels reaching 422 times. The company’s strong fundamentals, including its expertise in risk-based SaaS solutions, have contributed to its impressive performance.

Prominent investor Shankar Sharma has acquired a 2.20% stake in Vertoz Advertising Ltd., an AI company listed on the NSE. Sharma’s investment comes despite a substantial 275% increase in the stock’s value over the past year.

Grill Splendor Services, a premium bakery and patisserie franchise, saw a lukewarm start on the NSE SME platform. The company’s shares opened at 121.30, marginally higher than its issue price of 120, indicating a modest 1.08% gain.

Ramdevbaba Solvent’s shares debuted on the NSE SME at a premium of 31.76% on Tuesday, outperforming market expectations. The IPO had a price band of 80 to 85 per share and raised 50.27 crore. The IPO saw a strong subscription, receiving 126.21 times the total offered shares.