Neutral impactIPO
Three SME IPOs open for subscription today: Check price band, lot size and key details
Economic Times 2 hrs ago·21 Sept 2026, 2:28 am
Three small and medium enterprises (SME) are launching their initial public offerings (IPOs) today, aiming to raise a combined total of approximately Rs 98.53 crore. The offerings include Vivekanand Cotspin, which seeks to raise Rs 22.20 crore; FX Multitech, with a target of Rs 45.24 crore; and Robokidz Eduventures, which is a Rs 31.09 crore issue. These companies are offering shares to the public for the first time, allowing retail investors to become part-owners.
For investors, these SME IPOs provide an opportunity to diversify their portfolio with smaller, newer companies. However, they also come with higher risk compared to established blue-chip stocks. Investors should carefully review the company's business model, financial health, and valuation before applying. The subscription process will determine the final issue size and listing price on the stock exchanges.
Investors should keep an eye on the subscription numbers over the next few days. A strong response from investors could lead to a listing at a premium, while a weak response might result in a discount. It is also important to check the price band and lot size to ensure you can participate within your budget.
Key takeaways
- Category: IPO.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. Use the price and stock snapshot to gauge how the market is responding.
