All 4 SME IPOs Fully Subscribed Within Hours: Check GMP and Other Details for Aelea Commodities, Prizor Viztech, Sati Poly Plast, and Three M Paper Boards

Today, four SME IPOs launched and were fully subscribed within hours. These IPOs include Three M Paper Boards, Prizor Viztech, Sati Poly Plast, and Aelea Commodities, all closing on July 16.

Sati Poly Plast Leads with Highest Subscription

Sati Poly Plast’s Rs 17.36 crore IPO saw the highest demand, being subscribed over 10 times. The IPO offers 13.35 lakh fresh equity shares, priced between Rs 123-130 each. Investors can bid for a minimum of 1,000 shares per lot. In the grey market, its shares are trading at a premium (GMP) of Rs 50, suggesting a possible listing gain of around 39%.

Sati Poly Plast manufactures flexible packaging materials for various industries, providing end-to-end packaging solutions.

Prizor Viztech Follows Closely

Prizor Viztech’s IPO was subscribed 6.3 times on the first day. It offers 28.91 lakh fresh equity shares, aiming to raise Rs 25 crore. The shares are priced between Rs 82-87 each, with a bid lot of 1,600 shares. In the unlisted market, Prizor Viztech shares had no GMP.

The company specializes in security and surveillance solutions, offering a wide range of CCTV cameras for different sectors, including retail, government, education, and infrastructure.

Three M Paper Boards and Aelea Commodities

Three M Paper Boards’ IPO was subscribed 3.93 times. Its shares are priced between Rs 67-69 each, with a bid lot of 2,000 shares. In the grey market, its shares have a GMP of Rs 32.

Aelea Commodities’ IPO was subscribed 2.49 times. Its shares are priced between Rs 91-96 each.

Usage of Funds

The proceeds from these IPOs will be used for various purposes, including capital expenditure, working capital needs, and general corporate purposes.