Market Update: SME IPO Listing Cap & Key Upcoming IPOs

🔹 NSE Regulatory Move – SME IPO Special Preopen Session

NSE introduces a 20% lower circuit cap for SME IPOs during the Special Preopen Session.

Implication: SME IPOs cannot list below 20% of the issue price, potentially reducing steep listing day losses.

Brigade Hotel Ventures IPO Listing Performance
IPO Price: ₹90

Listing Price: ₹81.10 (↓ ₹8.90 / -9.89%)

Impact on Investors:

Retail (Lot size: 166): Loss of ₹1,477

HNI (Lot size: 2,324): Loss of ₹20,683

HNI (Lot size: 7,012): Loss of ₹62,406

SH (Lot size: 782): Loss of ₹6,959

JSW Cement IPO – Timeline (Tentative)
IPO Window: 08–12 August

Allotment Date: 13 August

Listing Date: 18 August

LensKart IPO – Major Upcoming Offer
IPO Size: ~₹8,000 crore

Valuation Range: ₹70,000 – ₹75,000 crore

Highlight: One of the biggest consumer tech IPOs in India this year