Four SME IPOs to list today after raising ₹146 crore

Four small and medium enterprise (SME) IPOs are set to list today on the BSE and NSE SME platforms after collectively raising ₹146 crore. The four companies are Dudani Retail, Sai Urja Indo Ventures, Himalayan Solar, and Bench Mark Infotech Services. While Dudani Retail and Sai Urja Indo Ventures will debut on the BSE SME platform, Himalayan Solar and Bench Mark Infotech Services will list on the NSE SME platform.

Himalayan Solar had the largest issue size at ₹68.03 crore, followed by Bench Mark Infotech Services at ₹42.44 crore. Bench Mark Infotech Services recorded the strongest investor interest, with the issue subscribed more than 100 times. Sai Urja Indo Ventures saw overall subscription of 3.50 times, while Dudani Retail was subscribed 1.42 times overall. Dudani Retail's individual investors portion was subscribed 2.31 times, with the NII category seeing subscription of 0.52 times.

Dudani Retail was a fixed-price issue at ₹29 per share with a lot size of 4,000 shares, while Sai Urja Indo Ventures had a price band of ₹107-113 per share with a lot size of 1,200 shares. All four IPOs opened for subscription on September 25 and closed on September 29, with allotment finalised on September 30.