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SME IPO tracker: Cell Point offer subscribed 1.06 times so far; Cosmic CRF's issue subscribed 22%

Cell Point s IPO was subscribed 1.06 times on the first day, primarily driven by non-institutional investors who bid for 33.31 lakh shares. The IPO will be used to repay borrowings, renovate existing stores and establish new ones. Meanwhile, Cosmic CRF s IPO, which opened on 14th June, was only subscribed 22% by the end of day two, as NIIs and retail investors were not as enthused. The company is a supplier of cold-rolled stainless steel sections to renowned wagon makers and the railway. ....

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Global Surfaces, other IPOs to open for subscription next week

Global Surfaces, Labelkraft Technologies, Bright Outdoor Media and others are IPOs for next week. ....

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