The Aegeus Technologies IPO opened for subscription today, August 4, and will remain available to investors until August 6. The issue has joined an already active SME primary market, with investors tracking subscription numbers and grey-market activity during the three-day bidding period.
The issue comes at a time when India’s SME IPO segment continues to see strong activity, with several smaller companies seeking funds for expansion and working capital. Investors should assess the company’s financial performance, valuation, promoter holding and proposed utilisation of funds before making an investment decision. Grey-market premiums are unofficial and can change rapidly.
