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Money Churners? Grey market signals up to 80% listing pop for these 5 SME IPOs

IPO Bonanza!
ETMarkets.com
1/6
IPO Bonanza!
IPO market euphoria has gripped investors on Dalal Street. ETMarkets has collated a list of SME IPOs that are commanding a solid premium in the grey market, signaling strong listing gains. Some of the IPOs covered are already underway while others are set to open this week or the next. Please note, that GMPs are subject to rapid changes.
Kody Technolab
ETMarkets.com
2/6
Kody Technolab
Kody Technolab's SME IPO is commanding a premium of Rs 50 or 31% over the IPO price of Rs 160. The public offer will close for subscription on September 20. It opened for subscription on September 15.
Holmarc Opto-Mechatronics
ETMarkets.com
3/6
Holmarc Opto-Mechatronics
This NSE SME IPO Holmarc Opto-Mechatronics has a premium of Rs 5 or 12.5% over the issue price of Rs 40. This IPO opened on September 15 and closed on September 21.
Cellecor Gadgets
ETMarkets.com
4/6
Cellecor Gadgets
Cellecor Gadgets' IPO is commanding a solid premium of Rs 60 or 65% over the IPO price of Rs 92. This IPO, too, closes on September 20.
Madhusudan Masala
ETMarkets.com
5/6
Madhusudan Masala
This SME IPO is commanding a premium of Rs 59 or 84% over its IPO price of Rs 70. The IPO will close for subscription on September 21.
Hi-Green Carbon
ETMarkets.com
6/6
Hi-Green Carbon
H-Green Carbon is another SME IPO, commanding a strong premium of Rs 30 or 40% over the IPO price of Rs 75. The issue will open for subscription on September 21 and close on September 25.
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