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Three small and medium enterprise (SME) initial public offerings (IPOs) are opening for subscription, generating notable interest among market participants.
Sacheerome, a manufacturer of flavour and fragrance compounds, is opening its IPO for subscription from 9 to 11 June.
Price band: ₹96–₹102 per share
Lot size: 1,200 shares (minimum investment: ₹1,22,400)
Issue size: ₹61.62 Crores (fresh issue of 6.04 Lakh shares)
Listing date: 16 June on NSE SME
Jainik Power & Cables, a manufacturer of aluminium wire rods, is launching its IPO between 10 and 12 June. The proceeds will fund working capital, a new plant, and debt repayment.
Price band: ₹100–₹110 per share
Lot size: 1,200 shares (minimum investment: ₹1,32,000)
Issue size: ₹46.63 – ₹51.3 Crores (fresh issue of 46.63 Lakh shares)
Listing date: 17 June on NSE SME
Industrial engineering company Monolithisch India opens its issue later this week, aiming to raise ₹82.02 Crores through a fresh issue.
Price band: ₹135–₹143 per share
Likely lot size: 1,000 shares
Issue size: ₹82.02 Crores
Here’s a snapshot of the three SME IPOs opening this week:
Company |
Price Band (₹) |
Lot Size |
Issue Size (₹ Cr) |
Listing Date |
|---|---|---|---|---|
Sacheerome |
96–102 |
1,200 |
61.62 |
16 June |
Jainik Power & Cables |
100–110 |
1,200 |
51.3 |
17 June |
Monolithisch India |
135–143 |
~1,000 |
82.02 |
19 June |
This table summarises the key investment details of the upcoming SME IPOs, helping readers quickly compare scale, valuation, and market sentiment.
Jainik Power's flat GMP signals a conservative outlook from informal markets.
Monolithisch India's IPO is the largest of the week and is also attracting attention with a moderate GMP.
This content is for informational purposes only and the same should not be construed as investment advice. Bajaj Finserv Direct Limited shall not be liable or responsible for any investment decision that you may take based on this content.
Sources
The Economic Times — IPO calendar: 4 new issues this week, https://economictimes.indiatimes.com/markets/ipos/fpos/ipo-calendar-4-new-issues-this-week/121704184.cms
Economic Times Markets — Sacheerome IPO opens today, https://economictimes.indiatimes.com/markets/ipos/fpos/sacheerome-ipo-opens-today/121716036.cms
Business Standard — Jainik Power and Cables IPO opens on June 10, https://www.business-standard.com/markets/news/jainik-power-and-cables-ipo-opens-on-june-10-125060800566_1.html
Financial Express — Upcoming IPOs this week, https://www.financialexpress.com/market/ipo-news-upcoming-ipo-this-week/
NDTV Profit — Three SME IPOs open this week, https://www.ndtvprofit.com/market-news/ipo-tracker-three-sme-ipos-open-this-week-125060800266
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Posted on 05 Jun
Geetanjali Lachke
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