Sampark India Logistics has opened its initial public offering for subscription, setting a price band of ₹80 to ₹84 per share.
The company aims to raise ₹27 crore through the issue, which will remain open until July 2 before listing on the BSE SME platform on July 7.
The offering arrives as activity on India's small and medium enterprise exchange picks up pace.
Sampark's debut coincides with the subscription windows for Seemax Resources and Teja Engineering Industries, both of which also opened for subscription on June 30 and close on July 2.
This clustering of SME IPOs suggests renewed investor appetite for smaller-cap listings in the current market regime.
Sampark India Logistics operates in the logistics sector, a space seeing increased consolidation and formalization in India.