Two SME initial public offerings (IPOs) are set to open for subscription this week, starting March 10, 2025. PDP Shipping & Projects Limited IPO will hit the primary market on Monday, March 10, 2025, while the Super Iron Foundry Limited IPO will open on Tuesday, March 11, 2025. Additionally, NAPS Global India Limited IPO is scheduled to be launched on the BSE SME platform on March 11, 2025.
PDP Shipping & Projects IPO
A ₹12.65 crores IPO is set to launch, featuring a fresh issuance of 9.37 lakh shares at a fixed price of ₹135 per share. A portion of the funds will support long-term working capital needs, while the rest will be used for general corporate purposes.
IPO details:
Sun Capital Advisory Services Limited is the book-running lead manager, while Kfin Technologies Limited is the issue registrar. The company specialises in comprehensive logistics solutions, including sea and air freight transportation, project logistics, and customs clearance.
Investors looking to participate in the SME IPO segment can apply for the IPO online through designated platforms and brokers.
Super Iron Foundry Limited IPO
Super Iron Foundry is set to raise ₹68.05 crores through a fresh issuance of 60.01 lakh shares. The proceeds will be directed towards debt repayment, working capital needs, and other corporate purposes.
IPO details:
Horizon Management Private Limited is the issue's book-running lead manager, and Link Intime India Private Limited is the registrar. Super Iron Foundry is known for manufacturing high-quality castings catering to industries such as infrastructure, agriculture, automotive, and railways.
Retail investors can apply for the IPO online through approved channels, ensuring a seamless investment process.
NAPS Global India Limited IPO listing
NAPS Global India IPO, which was subscribed 1.24 times during its bidding period, will be listed on the BSE SME platform on Tuesday, March 11, 2025. The company imports textile products from China and Hong Kong and supplies them to clients in Maharashtra.
Future outlook
With these upcoming IPOs, investors have new opportunities to explore diverse sectors, ranging from logistics and manufacturing to textiles. As these industries expand, the SME segment continues to provide promising investment avenues for those looking to capitalise on the growth of emerging businesses.
For android only