Manilam Industries India’s Rs 40 crore SME IPO opens for subscription on Friday. The issue closes on February 24. Listing is scheduled on the NSE SME platform on February 27. The company is engaged in manufacturing decorative laminates and trading plywood. Proceeds will fund capital expenditure, loan repayment, and working capital.
IC Electricals shares list at 68% premium over IPO price on NSE SME platform
IC Electricals shares debuted on the D-Street with a 68% premium. The stock opened at Rs 166, significantly exceeding its IPO price of Rs 99.