Sai Swami Metals & Alloys IPO closed on Friday with a bumper subscription, as investors bought 128.98 crore equity shares, which was 515.93 times higher than the IPO size of 25 lakh equity shares.
The Amkay Products IPO was subscribed over 32.61 times on the first day of subscription. The SME IPO received 5,35,40,000 share applications against the 16,42,000 shares offered.
The SME IPO of Amkay Products opened for subscription earlier today and will close on May 3. The company aims to raise about Rs 12.6 crore through the SME IPO and list the shares on the BSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the issue.