Four small and medium enterprise (SME) initial public offerings are set to open for subscription today, September 29, 2026. According to reports from The Economic Times, these four issues collectively aim to raise approximately ₹158 crore from investors. The largest offering is Black Opal Consultants at ₹55.08 crore, followed by EverestIMS Technologies at ₹48.46 crore, Vans Electroengineerings at ₹33.98 crore, and Papadmalji Agro Foods at ₹20.18 crore.
The Vans Electroengineerings IPO has been priced in the ₹112-₹118 per share band with a lot size of 1,200 shares. As reported by The Economic Times, retail investors must apply for a minimum of two lots, requiring an investment of ₹2,83,200 at the upper price band. High net worth individuals (HNIs) need to apply for three lots, amounting to ₹4,24,800. Hem Securities Ltd. serves as the book-running lead manager, while Bigshare Services Pvt. Ltd. acts as the registrar.
The Papadmalji Agro Foods IPO features a ₹69-₹72 per share price band with a lot size of 1,600 shares. According to The Economic Times, retail investors must bid for at least two lots, translating to a minimum investment of ₹2,30,400 at the upper price band. HNIs require three lots, necessitating an investment of ₹3,45,600. Kreo Capital Pvt. Ltd. serves as the book-running lead manager, while MAS Services Ltd. acts as the registrar.
The Black Opal Consultants IPO has been priced in the ₹185-₹197 per share band with a lot size of 600 shares. As reported by The Economic Times, retail investors must apply for a minimum of two lots, requiring an investment of ₹2,36,400 at the upper price band. HNIs need to apply for three lots, amounting to ₹3,54,600. Khambatta Securities Ltd. serves as the book-running lead manager, while Skyline Financial Services Pvt. Ltd. acts as the registrar.
The EverestIMS Technologies IPO has been priced in the ₹80-₹85 per share band with a lot size of 1,600 shares. According to The Economic Times, retail investors must apply for at least two lots, involving a minimum investment of ₹2,72,000 at the upper price band. HNIs need to apply for a minimum of three lots, amounting to ₹4,08,000. Oneview Corporate Advisors Pvt. Ltd. serves as the book-running lead manager, while Maashitla Securities Pvt. Ltd. acts as the registrar.
