Aluwind Architectural listed at Rs 45 on NSE SME platform, focusing on aluminum products like windows and doors. The IPO had 66 lakh shares with 8 times subscription. The company operates from a Pune facility with CNC machines for precision manufacturing.
“This market is a stock pickers paradise, and sector rotations are very active. IT index has joined the bandwagon and is within striking distance of its all-time highs.”
Shri Balaji Valve Components is engaged in the business of manufacturing ready-to-assemble valve components catering to the manufacturing of the valves.
The new guidelines for small and medium enterprises looking to migrate from the SME platform to the main board on stock exchanges will come into effect from January 1.