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SME public issues draw strong demand with high grey market premiums
SME IPOs including Shyam Dhani Industries and E to E Transportation Infrastructure saw strong subscriptions, with grey market premiums reportedly reaching up to 100 percent amid active retail demand.
Several SME IPOs attracted strong investor interest as subscriptions remained robust and grey market premiums climbed sharply. Issues from companies such as Shyam Dhani Industries and E to E Transportation Infrastructure reportedly commanded GMPs of up to 100 percent. The trend reflected heightened appetite for smaller listings, supported by active retail participation and favourable sentiment in the SME primary market.