3 SME IPOs to checklist right now: Acme India Industries, TNA Solutions, Paramount Syntex; examine key particulars
Acme India Industries emerged as probably the most closely subscribed challenge, attracting bids 124.23 occasions the shares on provide. TNA Solutions adopted with an general subscription of 55.20 occasions, whereas Paramount Syntex obtained a comparatively muted response, with its IPO subscribed 1.88 occasions.
Among the three points, Acme India Industries raised the best quantity at Rs 121.69 crore, adopted by Paramount Syntex at Rs 81.79 crore and TNA Solutions at Rs 37.86 crore.
Here’s a more in-depth take a look at the three SME IPOs forward of their market debut
Paramount Syntex IPO
Paramount Syntex IPO is a book-built challenge value Rs 81.79 crore, comprising a wholly recent challenge of 64.40 lakh shares. The IPO was subscribed 1.88 occasions general. Category-wise, particular person buyers subscribed 1.10 occasions their allotted portion, whereas the QIB (excluding anchor buyers) class noticed subscription of 119.29 occasions. The NII class, nevertheless, was subscribed simply 0.09 occasions.
The bidding window opened on September 30 and closed on October 6, 2026. The foundation of allotment was anticipated to be finalised on October 7, forward of the scheduled itemizing on the BSE SME platform on October 9.
The IPO’s worth band was mounted at Rs 119–127 per share, with lots measurement of 1,000 shares. At the higher finish of the worth band, the minimal retail financial backing for 2 heaps, or 2,000 shares, amounted to Rs 2,54,000. The minimal HNI software measurement was three heaps, or 3,000 shares, amounting to Rs 3,81,000.
Sobhagya Capital Options Pvt. Ltd. acted because the book-running lead supervisor, whereas Bigshare Services Pvt. Ltd. was the registrar to the difficulty.
Acme India Industries IPO
Acme India Industries IPO was the most important of the three choices, elevating Rs 121.69 crore by way of a mix of a recent challenge of 54.07 lakh shares value Rs 105.98 crore and a proposal on the market of 8.02 lakh shares aggregating Rs 15.71 crore. Investor demand was exceptionally robust, with the IPO subscribed 124.23 occasions general. The NII class led the response, with subscription of 196.27 occasions, adopted by QIBs (excluding anchor buyers) at 137.93 occasions. The particular person investor class was subscribed 85.50 occasions.
The IPO opened for subscription on September 30 and closed on October 6, 2026. The allotment was finalised on October 7, with the corporate’s shares scheduled to checklist on the BSE SME platform on October 9.
The closing challenge worth was mounted at Rs 196 per share, and the lot measurement was 600 shares. At the ultimate challenge worth, the minimal retail software of two heaps, or 1,200 shares, required an financial backing of Rs 2,35,200. For HNIs, the minimal software measurement was three heaps, or 1,800 shares, amounting to Rs 3,52,800.
Hem Securities Ltd. was the book-running lead supervisor, whereas Bigshare Services Pvt. Ltd. was the registrar to the difficulty.
TNA Solutions IPO
TNA Solutions IPO raised Rs 37.86 crore by way of a wholly recent challenge of 54.08 lakh shares, making it the smallest providing among the many three SME IPOs scheduled to checklist right now. The challenge attracted robust investor curiosity and was subscribed 55.20 occasions general. The NII class recorded the best subscription at 102.14 occasions, adopted by particular person buyers at 46.17 occasions and QIBs (excluding anchor buyers) at 35.64 occasions.
The IPO opened for subscription on September 30 and closed on October 6, 2026. The allotment was finalised on October 7, and the shares are scheduled to debut on the BSE SME platform on October 9.
The closing challenge worth was set at Rs 70 per share, with lots measurement of two,000 shares. At this worth, the minimal retail financial backing for 2 heaps, or 4,000 shares, stood at Rs 2,80,000. The minimal HNI software comprised three heaps, or 6,000 shares, requiring an financial backing of Rs 4,20,000.
Credora Partners Pvt. Ltd. was the book-running lead supervisor, whereas Maashitla Securities Pvt. Ltd. was the registrar to the difficulty.
Disclaimer: The views/suggestions talked about on this article, wherever relevant, are these of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They shouldn’t be construed because the views or suggestions of The Economic Times Digital or the journalist. Readers are suggested to contemplate the unique analysis report and make their financial backing choices based mostly on their very own evaluation. Brokerage disclaimers here
