Samay Project Services is ready to start trading on the NSE SME platform. The IPO saw great interest, being oversubscribed almost 30 times. Non-institutional investors showed the most demand. Despite the strong IPO, the grey market premium is zero. The company focuses on engineering, procurement, and construction projects. The IPO funds will support working capital and general operations.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets