Value 360 Communications is scheduled to debut on Monday as grey market activity suggests a near flat opening around its upper issue price of Rs 98. The Rs 41.69 crore IPO drew strong institutional interest, yet retail participation lagged. Overall subscription stood at 1.20 times, setting a modest tone for the first trading session.
Bagmane Prime Office REIT IPO has reached 83% subscription by Day 2, supported by steady institutional and investor interest. The offer seeks to raise Rs 3,405 crore and is seeing a modest grey market premium. With assets backed by high occupancy and strong tenant stability, the REIT is positioned to deliver clearer yield visibility for investors tracking the listing prospects.
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OnEMI Technology Solutions’ Rs 926 crore IPO is seeing only moderate interest. By Day 2, overall subscription stands at about 60%, led mainly by institutional investors, while retail participation remains comparatively low. With the grey market premium staying under 1%, signals point to cautious sentiment and a softer near-term trading outlook.
Recode Studios’ SME IPO opens today with a reported 25% grey market premium after a Rs 44.6 crore offer priced at Rs 150–158. Founded in 2021, the cosmetics firm sells over 350 products and is pitching an omnichannel play. Funds from the IPO are earmarked for expansion and marketing as competition in the beauty space heats up.
Value 360 Communications’ IPO opens Monday with a Rs 41.69 crore fundraise and a price band of Rs 95–98. The strategic communications firm is set to list on the NSE SME, with reports suggesting no immediate grey market premium. Net proceeds will support working capital, technology expansion, and repayment of existing debt.
Value 360 Communications IPO opens May 4 with plans to raise Rs 41.69 crore, closing by May 6. The PR firm will list on NSE Emerge and intends to fund expansion, technology upgrades, influencer marketing, and possible acquisitions. Funds will also support debt repayment and working capital, while investors will closely watch the price band and GMP.
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OnEMI Technology’s IPO is set to open with a steady GMP, priced between Rs 162 and Rs 171 per share. The company targets around Rs 926 crore, including a fresh issue of Rs 850 crore and an offer for sale of Rs 76 crore. The IPO closes on May 5, with listing expected in early May.
Amba Auto Sales and Services’ Rs 65 crore SME IPO opened for subscription on Monday, coming with a reported zero grey market premium. The cautious sentiment may reflect investor selectiveness even as the firm posts steady growth, with revenue around Rs 242 crore in FY25. The authorized dealer for Bajaj Auto and LG Electronics plans to use IPO funds for working capital and expansion.
Om Power Transmission’s ₹150 crore IPO allotment has been finalized after a modest 3.33x subscription, with stronger HNI participation standing out. Share credits and refunds will be processed on April 16, ahead of an April 17 listing on both BSE and NSE. Investors can check allotment status via MUFG Intime India or the BSE website.
Om Power Transmission’s Rs 150 crore IPO is nearing its close with about 81% subscription. Retail demand remains steady, but grey market premiums point to a modest potential listing gain rather than a blockbuster. The EPC company plans to use IPO proceeds for business expansion, reducing debt, and supporting its strong order book amid competitive power transmission projects.
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Citius Transnet InvIT’s ₹1,105 crore IPO began with zero grey market premium, pointing to a flat debut rather than a pop. The road-infrastructure issue drew lukewarm demand on day one, led mainly by non-institutional investors. Because the offer is yield-focused, the stock may hover close to issue price, limiting quick gains for early bidders.
Mehul Telecom’s SME IPO has opened for subscription, raising Rs 28 crore with a price band of Rs 96–98. The issue is aimed at funding working capital and general corporate requirements. Early grey market signals point to a modest premium, suggesting a possible slight gain on listing for investors watching the GMP closely.
Safety Controls and Devices’ Rs 48 crore IPO has opened for bidding with a flat grey market premium, hinting at cautious investor sentiment. The EPC company, focused on substations and solar projects, plans to use proceeds for working capital and debt repayment. While anchor interest and government-linked projects provide comfort, execution risk and SME liquidity remain key watchouts.
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