SME IPO Rush: Only Two Issues Boast Over 50% GMP This Week

• 10 SME public issues are open or scheduled for subscription in the primary market this week.
• Only two IPOs, Shyam Dhani Industries and E to E Transportation Infrastructure, are commanding a Grey Market Premium (GMP) of over 50%.
• Shyam Dhani Industries, a spices maker, has a GMP of 67-71%, indicating a potential 71.43% listing gain.
• E to E Transportation Infrastructure, providing railway solutions, shows a GMP of 45-57%, suggesting a possible 57.47% listing gain.
• Several other SME IPOs, including Dachepalli Publishers and Sundrex Oil, are also opening this week.

Why It Matters: Two SME IPOs, Shyam Dhani Industries and E to E Transportation, lead with over 50% GMP this week.