New Delhi, 05 April (H.S.):
Primary markets gear up for a light trading week starting Monday, April 6, with two IPOs opening for subscription—neither on the mainboard. One falls in the SME segment, the other as a Real Estate Investment Trust (REIT), while just a single company lists shares.
Safety Controls & Devices kicks off proceedings April 6 with a ₹48 crore SME IPO open through April 8. Priced at ₹75-80 per share (lot size: 1,600 shares), listing is eyed for BSE SME on April 13.
Propshare Celestia follows April 10, launching a ₹244.65 crore REIT issue closing April 16. With a steep ₹10-10.50 lakh price band per share and 2,330 fresh shares, BSE listing targets April 24.
Vivid Electromech rounds out activity, with shares debuting on NSE SME April 7—its SME IPO having closed last week.
Investors eye these niche plays amid steady market sentiment, though high REIT pricing signals institutional focus.
---------------
Hindusthan Samachar / Jun Sarkar
