Acme India Industries Ltd.’s SME IPO, which opened on September 30, continued to attract investor interest on October 1. The issue has a price band of Rs.186–196 per share and is seeking to raise around Rs.121.69 crore. The subscription window is scheduled to close on October 6.
The company operates in the railway-equipment segment, and the IPO is part of the heavy SME fundraising activity seen at the end of September and beginning of October. The latest subscription data showed the issue receiving bids across investor categories.
