As the fourth quarter earnings season ends, several companies are set to launch their public offerings this week. Here’s a look at the SME IPOs hitting the market:
SME IPOs
Aimtron Electronics
- Opens for subscription: May 30
- Closes: June 3
- Price: Rs 153-161 per share
- Total fresh issue: Rs 87.02 crore
- Lead Manager: Hem Securities
- Registrar: Link Intime India
Beacon Trusteeship
- Opens for subscription: May 28
- Closes: May 30
- Price: Rs 57-60 per share
- Fresh issue: 38.72 lakh shares (Rs 23.23 crore)
- Offer for sale: 15.48 lakh shares (Rs 9.29 crore)
- Lead Managers: Prasana Analytics Private Limited, Kaustubh Kiran Kulkarni
- Proceeds will be used for technology infrastructure, investments in subsidiary, new office premises, and general expenses.
Vilas Transcore
- Opens for subscription: May 27
- Closes: May 29
- Price: Rs 139-147 per share
- Total fresh issue: Rs 95.26 crore (64.8 lakh shares)
- Lead Manager: Hem Securities
- Registrar: Bigshare Services
- Minimum investment: Rs 147,000 (1000 shares per lot)
Ztech India
- Opens for subscription: May 29
- Closes: May 31
- Price: Rs 104-110 per share
- Total fresh issue: Rs 37.3 crore (33.91 lakh shares)
- Lead Manager: Narnolia Financial Services
- Registrar: Maashitla Securities
TBI Corn
- Opens for subscription: May 31
- Closes: June 4
- Price: Rs 90-94 per share
- Total fresh issue: Rs 44.94 crore (47.81 lakh shares)
- Lead Managers: Swastika Investmart, Ekadrisht Capital
- Registrar: Kfin Technologies
Mainboard IPO
Awfis Space Solutions
- Opened for subscription: May 22
- Closes: May 27
- Total issue: Rs 598.93 crore (fresh issue: Rs 128 crore; offer for sale: Rs 470.93 crore)
- Subscription status: 11.41 times as of day three, driven by retail and non-institutional investor interest.
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