Despite a successful initial public offering (IPO), the shares of Spectrum Talent Management had a dull listing on NSE Emerge platform, listing at a 12% discount compared to the issue price. The company s IPO worth INR 105 crore was subscribed 8.09 times, mainly driven by the good response from retail investors. Urban Enviro Waste Management, on the other hand, had a premium listing on NSE with its shares being listed at 41% above the issue price of INR 100. The company engaged in solid waste management saw its IPO subscribed 255 times.
Cosmic CRF IPO opened for public subscription on Wednesday, (June 14, 2023), and will close on June 16, 2023. Watch this Visual Story to check Cosmic CRF IPO GMP, price band, lot size, and other details. Also check upcoming IPOs this week.
Cosmic CRF, the cold-rolled stainless section supplier, will be the first SME IPO to open for subscription on June 14, with a price band at Rs 314-330 per share.
Comrade Appliances, engaged in manufacturing air coolers and electric geysers, has been listed on the BSE SME platform at a premium of 61% over its issue price. The company raised Rs 12.30 crore from its IPO, which was subscribed 77 times, led by strong non-institutional and retail interest. The net proceeds will be used for working capital requirements and general corporate purposes. Meanwhile, the IPOs of Spectrum Talent Management, Bizotic Commercial, and Urban Enviro Waste Management are open for subscription.