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The Economic Times

Business

Ritesh Presswala

3 SME IPOs set to list today: Vinod Texworld, Amtech Esters, Infrax Renewable. Check GMP, listing expectations

Three SME IPOs — Vinod Texworld, Amtech Esters and Infrax Renewable — are set to make their stock-market debut on September 17, putting the spotlight on grey-market trends ahead of listing. Together, the three issues raised around Rs 101.59 crore from investors.

Among the three, Amtech Esters is witnessing the strongest grey-market demand, with its shares commanding a premium of around Rs 16 over the upper issue price. Vinod Texworld is also trading at a modest premium, while Infrax Renewable is currently seeing no grey-market premium, according to unofficial market indications.

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