4 SME IPOs opening on D-Street this Week: Issue date, price band, allotment, other key details to know

The superior marketplace is gearing up for a engaged week arsenic 4 tiny and mean enterprises (SMEs) unfastened their IPOs for subscription betwixt January 22 and January 24, 2025. The companies see Rexpro Enterprises Limited, GB Logistics Commerce Limited, CLN Energy Limited, and H.M. Electro Mech Limited.  

Here are details of each SME IPO's offering this week:  

Rexpro Enterprises Limited (Jan-22-24)

Rexpro Enterprises Limited is acceptable to motorboat its IPO arsenic a fixed-price contented worthy Rs 53.65 crore. The offering comprises a caller contented of 32.50 lakh equity shares aggregating Rs 47.13 crore and an connection for merchantability (OFS) of 4.50 lakh shares amounting to Rs 6.53 crore. The IPO volition unfastened for subscription connected January 22, 2025, and adjacent connected January 24, 2025. The contented terms has been fixed astatine Rs 145 per share, with a minimum exertion size of 1,000 shares, translating to an concern of Rs 1,45,000 for retail investors.  

High-net-worth individuals (HNIs) request to use for astatine slightest 2 lots, amounting to Rs 2,90,000. The allotment is scheduled to beryllium finalised connected January 27, 2025, with refunds initiated and shares credited to demat accounts by January 28, 2025. The banal is expected to database connected NSE SME connected January 29, 2025.  

CLN Energy Limited (Jan 23-27)

CLN Energy Limited is gearing up to motorboat its Rs 72.30 crore IPO done a book-built issue. The offering comprises a caller contented of 28.92 lakh equity shares. The IPO volition unfastened for subscription connected January 23, 2025, and adjacent connected January 27, 2025. The terms set has been acceptable astatine Rs 235 to Rs 250 per share. Investors tin bid for a minimum batch size of 600 shares, requiring a minimum concern of Rs 1,50,000 for retail participants. HNIs indispensable use for astatine slightest 2 lots, amounting to Rs 3,00,000.  

The ground of allotment volition beryllium finalised connected January 28, 2025, with refunds initiated and shares credited to demat accounts connected January 29, 2025. The banal is expected to database connected the BSE SME level connected January 30, 2025.  

GB Logistics (Jan 24-28)

GB Logistics is acceptable to motorboat its Rs 25.07 crore IPO via a book-built issue, which comprises a caller issuance of 24.58 lakh equity shares. The IPO opens for subscription connected January 24, 2025, and volition adjacent connected January 28, 2025. The terms set has been acceptable astatine Rs 95 to Rs 102 per share. Retail investors tin enactment with a minimum batch size of 1,200 shares, requiring an concern of Rs 1,22,400, portion HNIs indispensable use for astatine slightest 2 lots, amounting to Rs 2,44,800.  

SKI Capital Services Limited is acting arsenic the book-running pb manager, with Maashitla Securities Private Limited serving arsenic the registrar and Svcm Securities Private Limited arsenic the marketplace shaper for the issue. The ground of allotment is expected to beryllium finalised connected January 29, 2025, followed by refunds initiation and demat relationship recognition connected January 30, 2025. The banal is apt to debut connected the BSE SME level connected January 31, 2025.  

H.M. Electro Mech Limited (Jan 24-28)

H.M. Electro Mech Limited is rolling retired a Rs 27.74 crore IPO via a book-built issue, comprising a caller contented of 36.99 lakh equity shares. The IPO volition unfastened for subscription connected January 24, 2025, and adjacent connected January 28, 2025. The terms set is acceptable betwixt Rs 71 to Rs 75 per share. Investors tin use with a minimum batch size of 1,600 shares, translating to an concern of Rs 1,20,000 for retail bidders, portion HNIs request to put successful astatine slightest 2 lots, amounting to Rs 2,40,000. 

Beeline Capital Advisors Pvt Ltd is managing the contented arsenic the book-running pb manager, with Cameo Corporate Services Limited acting arsenic the registrar and Spread X Securities Private Limited arsenic the marketplace maker. The allotment is apt to beryllium finalized connected January 29, 2025, with refunds and demat relationship credits scheduled for January 30, 2025. The IPO is acceptable to database connected the BSE SME level connected January 31, 2025.