Sat Kartar Shopping’s SME IPO was fully subscribed with an overall subscription of 60.45 times on January 14. The IPO aims to raise Rs 33.80 crore. The retail portion was subscribed 89.06 times, and the issue price ranges from Rs 77-81. The shares are expected to list on the NSE SME platform on January 17.
Is Sambhv Steel Tubes’ IPO a risky bet for investors?
Sambhv Steel Tubes is launching an IPO to raise ₹400 crore for debt repayment and ₹100 crore through an OFS, diluting promoter stake to 56%.