IPO◆ Mixed
3 SME IPOs to list today: Acme India Industries, TNA Solutions, Paramount Syntex; check key details
BSE moved higher with October 9 in focus.
· Economic Times Markets
On October 9, the BSE SME platform welcomes three new IPOs: Acme India Industries, TNA Solutions, and Paramount Syntex. These offerings collectively raised around Rs 241 crore, attracting various subscription levels. Acme stood out with an impressive 124.23 times subscription rate, while Paramount's drew in only 1.88 times.
Key facts
- Dates in focus
- October 9
The analysis
BSE reported Rs 241 crore. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Why it matters
- With BSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.