Three SME IPOs live, Snehaa organics leads subscription on day 1
Three SME IPOs opened on Friday with varied investor response. Abril Paper, priced at ₹61, saw 1.35x subscription on Day 1. Snehaa Organics, in the ₹115–122 range, received the highest demand at 1.95x, while Sugs Lloyd (₹117–123) lagged at 0.93x. The differing interest reflects sector-specific sentiment and cautious optimism among investors in the SME space.