Three SME IPOs — Acme India Industries, TNA Solutions and Paramount Syntex — made their D-Street debut on Friday. Acme India Industries delivered the strongest listing among the three, opening at Rs 221 per share on the BSE SME platform, a premium of 12.7% over its issue price of Rs 196.
In contrast, Paramount Syntex shares listed at Rs 115, a discount of 9.4% to the IPO price of Rs 127.