Results for: SME IPO

Shivam Chemicals and Minerals’ IPO opened for subscription on April 23rd. The issue has received decent demand and is subscribed 0.35 times on the first day. The IPO closes on April 25th and is expected to finalize allotment on April 26th. Shivam Chemicals shares will be listed on BSE SME on April 30th. Keep reading for more details and GMP today.

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.