Business news · IPO & Capital Markets · 07 Oct 2026
IN Capital Goods Services Fast Moving Consumer Goods
Vans Electroengineerings listed on BSE SME at Rs 224.20 against an issue price of Rs 118, a 90% premium, after its issue was subscribed 628.73 times. Black Opal Consultants opened on BSE SME at Rs 200 against Rs 197 (1.52% up) after 73.80 times subscription for its Rs 55.08 crore issue. Papadmalji Agro Foods opened on NSE SME at Rs 72.30 against Rs 72 (0.42% up); its Rs 20.18 crore issue had been subscribed 2.54 times.
The three debuts tracked their subscription levels: the issue with bids for more than 600 times the shares on offer opened far above its price, while the two with lighter books opened almost flat. That spread is the pattern of the current SME market, where a small free float meets very uneven demand. The companies are small - issue sizes of about Rs 20-55 crore - so the effect on listed sectors is negligible; the figures matter to applicants and to the pricing of SME issues still in the queue.
Reported by HDFC Sky — “VANS ElectroEngineerings Shares Rise 90% On BSE Debut” ↗ on 07 Oct 2026.
NSE stocks, from the last close on or before 07 Oct 2026 to the close on 16 Oct 2026.
| Sector | Stocks | Median move | Up | vs all stocks |
|---|---|---|---|---|
| Capital Goods | 126 | -3.6% | 27 of 126 | -2.7 pts |
| Services | 30 | -1.5% | 11 of 30 | -0.6 pts |
| Fast Moving Consumer Goods | 47 | -0.0% | 23 of 47 | +0.9 pts |
| All tracked stocks | 804 | -0.9% | 321 of 804 | — |
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