SME IPO Tracker: CFF Fluid Control lists at 6% premium; Sahana System debuts at 26%
CFF Fluid Control listed on the BSE SME platform at Rs 175 as compared to the issue price of Rs 165. Its IPO received an underwhelming response from investors with an overall subscription of 2.15 times, primarily driven by non-institutional interest. Sahana System made its debut on the NSE Emerge platform at Rs 163 and is currently trading nearly 28% higher at Rs 171.15. The IPO of Sahana System was subscribed 10 times, with the retail category subscription at 13x.
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