The primary market remains abuzz as six SME initial public offerings (IPOs) are set to make their stock market debut on Tuesday. Of these, four companies will list on the BSE SME platform, while two will begin trading on the NSE SME platform.
The companies listing on the BSE SME platform are Atharva Polyplast, Seemax Resources, Sampark India Logistics, and Kratikal Tech. On the NSE SME platform, Teja Engineering Industries and Vinit Mobile will make their market debut.
Among the six IPOs, Kratikal Tech raised the highest amount at Rs 39.69 crore and also attracted the strongest investor interest, with an overall subscription of 205 times.
Here's a closer look at the companies:
1) Teja Engineering Industries (NSE SME) : Teja Engineering Industries provides engineering support and assistance services to the oil & gas, power, and energy sectors. The company raised Rs 37.36 crore through a fresh issue of approximately 17 lakh equity shares. The IPO was open for subscription from June 30 to July 2, 2026, with the final issue price fixed at Rs 220 per share.
2) Atharva Polyplast (BSE SME) : Atharva Polyplast manufactures precision plastic components for industries such as furniture, home appliances, and automobiles. It specializes in injection moulding using materials including polypropylene (PP), ABS, HDPE, and engineering polymers. The company raised Rs 27 crore through a fresh issue of around 45 lakh equity shares. The IPO was open for subscription from June 30 to July 2, 2026, with a price band of Rs 55-Rs 60 per share.
3) Seemax Resources (BSE SME) : Seemax Resources offers material handling equipment solutions through the trading, rental, leasing, maintenance, and servicing of forklifts, cranes, stackers, reach trucks, pallet trucks, container handling equipment, and other industrial machinery. The company raised Rs 19.74 crore via a fresh issue of approximately 14 lakh equity shares. The IPO was open for subscription from June 30 to July 2, 2026, with a price band of Rs 134-Rs 141 per share.
4) Sampark India Logistics (BSE SME) : Sampark India Logistics provides end-to-end logistics and supply chain solutions, primarily operating as a carrying and forwarding agent. The company raised Rs 27.22 crore through a fresh issue of nearly 32 lakh equity shares. The IPO was open for subscription from June 30 to July 2, 2026, with a price band of Rs 80-Rs 84 per share.
5) Vinit Mobile (NSE SME) : Vinit Mobile operates a multi-brand mobile retail business, offering smartphones from leading brands including Apple, Samsung, Vivo, Oppo, Xiaomi, Realme, Motorola, and OnePlus. The company raised Rs 34.13 crore through a fresh issue of around 22 lakh equity shares. The IPO was open for subscription from June 30 to July 2, 2026, with a price band of Rs 150-Rs 158 per share.
6) Kratikal Tech (BSE SME): Kratikal Tech is an AI-driven cybersecurity company that provides SaaS-based cyber risk management solutions through its proprietary platforms and offers cybersecurity consulting services. The company raised Rs 39.69 crore via a fresh issue of approximately 29 lakh equity shares. The IPO was open for subscription from June 30 to July 2, 2026, with the final issue price fixed at Rs 135 apiece.
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