SME IPOs to Open This Week: SMR Jewels, Rajnandini Fashion, and Yaashvi Jewellers Among Issuers
मुख्य बातें
- •SMR Jewels IPO opens on June 12, 2024, with a price band of ₹45–₹48 per share, aiming to raise ₹25.32 crore.
- •Rajnandini Fashion IPO opens on June 13, 2024, priced at ₹96–₹102 per share, targeting ₹34.65 crore.
- •Yaashvi Jewellers IPO opens on June 14, 2024, with shares priced at ₹120–₹126, seeking ₹40.32 crore.
- •All three SME IPOs will close for subscription within 3–5 days of opening.
Several Small and Medium Enterprise (SME) Initial Public Offerings (IPOs) are set to open for public subscription this week, offering investors fresh opportunities to participate in growing enterprises. Among the issuers are SMR Jewels, Rajnandini Fashion, and Yaashvi Jewellers, each presenting distinct business models in the jewellery and fashion sectors.
SMR Jewels, a Mumbai-based company specialising in gold and diamond jewellery, will launch its SME IPO on June 12, 2024. The issue will remain open until June 14, with a price band set between ₹45 and ₹48 per equity share. The company plans to raise approximately ₹25.32 crore through the issuance of 52.75 lakh shares.
Rajnandini Fashion, engaged in manufacturing and exporting ethnic wear, will open its IPO on June 13, 2024, and close on June 17, 2024. The price band is fixed at ₹96 to ₹102 per share, aiming to raise ₹34.65 crore by issuing 33.97 lakh shares. The company targets expansion in domestic and international markets.
