Sebi issues warning against SME stocks as IPOs leave investors dumbfounded

Sebi issues warning against SME stocks as IPOs leave investors dumbfounded

As massive subscription numbers for SME IPOs have left many old-timers dumbfounded, market regulator SEBI on Wednesday warned investors against promoters who paint an unrealistic picture of their operations. “It has come to the notice of SEBI that, post listing, some of the SME companies and / or their promoters have been resorting to certain … Read more

Sunlite Recycling Industries IPO opens today: Check issue size, price band, GMP and other details

Sunlite Recycling Industries IPO opens today: Check issue size, price band, GMP and other details

The SME IPO of Sunlite Recycling Industries opened for subscription today and will close on August 14. The company aims to raise about Rs 30.24 crore through the SME IPO and list the shares on NSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the … Read more

GPES Solar IPO opens today: Check issue size, price band, GMP and other details

GPES Solar IPO opens today: Check issue size, price band, GMP and other details

The SME IPO of GPES Solar opened for subscription today and will close on June 19. The company aims to raise about Rs 31 crore through the SME IPO and list the shares on NSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the issue. … Read more

radiowalla network ipo: Ashish Kacholia-backed Radiowalla Network lists at 58% premium over IPO price

radiowalla network ipo: Ashish Kacholia-backed Radiowalla Network lists at 58% premium over IPO price

The shares of Radiowalla Network listed with a premium of 57.9% on the NSE SME platform on Friday. The stock debuted at Rs 120 apiece as against an issue price of Rs 76. Ahead of the listing, Radiowalla Network’s shares were trading with a premium of Rs 35 in the grey market. The public offer, … Read more