Paluck Technologies has attracted strong demand since opening on August 28. The SME IPO has recorded overall subscription of around 7.6 times in the latest available data, with retail and institutional participation both contributing to the response.
The issue is priced at Rs. 46–48 per share and is scheduled to close on September 1. The strong subscription indicates considerable investor interest in the SME offering.
However, investors should remember that high subscription numbers do not automatically translate into strong long-term performance after listing.
