Investors looking to tap the SME primary market have two new opportunities opening for subscription today. Injecto Polymers IPO and Century Business Media IPO will open for bidding on September 11 and remain available for subscription until September 16, giving investors a three-day bidding window, excluding market holidays. Both issues will be listed on the BSE SME platform.
Injecto Polymers is launching a Rs 56.12 crore book-built issue, while Century Business Media is looking to raise Rs 17.11 crore. Both IPOs comprise entirely fresh issues of shares. However, investors should note that neither IPO is currently commanding a grey market premium (GMP), indicating no unofficial premium is being quoted in the grey market at present.
