Six SME companies are set to raise funds in the last week of 2023, and the stocks of 10 companies are set to list on the exchanges. Analysts anticipate that a few of these companies might experience a robust opening, fueled by the substantial interest they garnered during the subscription phase.
If we go by the grey market trends, the listings of all eight companies will likely be at a minimum premium of over 20%. Motisons Jewellers is leading the lot as the stock is trading over 100% higher than the IPO price of Rs 55.