4 SME IPOs currently open for subscription. Check details
Three SME IPOs - Greenchef Appliances, Essen Specialty Films, and Magson Retail and Distribution - were launched on Friday. The IPOs of Greenchef Appliances and Essen Specialty Films were subscribed 9% and 36% respectively on day one. Magson Retail and Distribution's IPO was subscribed just 6% on the first day. Meanwhile, Veefin Solutions' IPO was subscribed 64% on day two. The companies plan to use the proceeds from the IPOs for capital expenditure, working capital requirements, and general corporate purposes, among others. These four IPOs are currently open for subscription in India.
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