INDIA MARKET LENS
Markets◆ Mixed

BSE SME Maharaja & Speedex India shines on debut

BSE is in focus.

· Business Standard Mkts

Maharaja & Speedex India traded at Rs 262.50 on the BSE, a 41.13% premium to the issue price of Rs 186.

BSE reported Rs 262.50 and Rs 186, with movement of 41.13% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

  • With BSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.