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et_marketsabout 5 hours ago
BEARISH(80%)
hold

Rs 32 crore SME IPO of Emiac Technologies opens today - check price band, GMP, other details

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-22.7
Market Impact Score
-100 Bearish+100 Bullish

AI Analysis

SME IPOs are often more volatile and sensitive to GMP, which reflects pre-listing demand.

Trading Insight

Bearish bias for Emiac Technologies IPO; consider avoiding subscription given the muted GMP.
Quick check: TATASTEEL bullish bias (+2.7% 1d), HINDALCO bearish bias (+1.9% 1d).

Key Evidence

  • Emiac Technologies Limited's SME IPO opens today, aiming to raise Rs 31.75 crore.
  • Price band set at Rs 93–98 per share.
  • Grey market premium indicated a muted listing.
  • Company secured Rs 8.7 crore from anchor investors.
  • Risk flag: Low investor demand
Sectors:metals

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Rs 32 crore SME IPO of Emiac Technologies opens today - check price band, GMP, other details | Anadi Algo News