Upcoming IPOs today: 3 SME IPOs to open up, examine problem dimension, rate band, IPO part

The following couple of months are readied to be interesting for financiers as a number of significant business prepare to go into the IPO market. These consist of Hyundai Motor, Swiggy, Waaree Energies, NTPC Green, NSE, and others. Let’s have a look at the brand-new IPOs set up in between September 30 and October 4.

Subam Papers IPO

– Dates: Open from September 30 to October 3
– Price Band: 144 to 152 per share
– Allotment Date: October 4
– Lot Size: 800 shares
– Total Issue Size: 6,164,800 shares
– Fresh Issue: 6,164,800 shares
– Listing on BSE SME: October 8

Business Model

Founded in October 2006, Subam Papers Limited produces craft paper and paper items, making use of waste as resources. As of March 31, 2024, the set up ability for craft paper was 300 statistics lots each day (MTPD), amounting to a yearly ability of 93,600 lots.

The business can generating and providing craft paper and duplex board in different shades. Their items have a GSM varying from 120 to 300, a breaking element of 16 to 35, and deckle dimensions from 2,000 mm to 4,400 mm, with a reel size of approximately 1,400 mm. Additionally, the business has significant centers for resources storage space.

Paramount Dye Tec IPO

– Dates: Open from September 30 to October 3
– Price Band: Rs 111 to Rs 117 per share
– Allotment Date: October 4
– Lot Size: 1,200 shares
– Total Issue Size: 2,430,000 shares
– Fresh Issue: 2,430,000 shares
– Listing on NSE SME: October 8

Business Model

Founded in January 2014, Paramount Dye Tec Limited reuses waste artificial fiber to generate thread, offering the B2B section of the fabric sector. The business provides a variety of artificial fiber and thread items, consisting of acrylic, polyester, nylon, woollen, hand-knitting, and acrylic combined thread, understood for their top quality and toughness. The business has 2 producing systems found in the towns of Mangrah and Kum Khurd in Punjab.

NeoPolitan Pizza and Foods IPO

– Dates: Open from September 30 to October 4
– Price Band: Rs 20 per share
– Allotment Date: October 7
– Lot Size: 6,000 shares
– Total Issue Size: 6,000,000 shares
– Fresh Issue: 6,000,000 shares
– Listing on BSE SME: October 9

Business Model

Founded in February 2011, Neopolitan Pizza and Foods Limited runs in 2 sections: dining establishment procedures and trading of farming items. The business possesses and runs dining establishments and likewise resolves a franchise business version. It concentrates on Neapolitan- design pizzas made from fresh components and provides a range of garnishes, consisting of gluten-free and vegan alternatives. Neapolitan pizza is ISO 22000:2018 accredited and the food selection includes a variety of soups, salads, breads, pastas, hand-tossed pizzas, and treats. The idea is family members- and kid-friendly.

Neopolitan Pizza and Foods Limited likewise trades farming items such as wheat, rice, tomatoes, and onions. This week, it is significant that these SME IPOs will certainly be involving market rather than the major board.