Oneindig Technologies SME IPO opens with 15% subscription; grey market flat

The solar engineering firm's issue begins its five-day window with muted early interest and no premium in unofficial trading, as investors weigh sector demand against broader SME caution.

By Handelsavisen Newsroom · Automated 2026-07-30 09:00 UTC · 1 min read

Oneindig Technologies has opened its initial public offering to investors, securing 15% subscription on the first day of bidding.

The SME IPO, priced at ₹96 per share, remains open for subscription until Monday, August 3.

The company operates in the solar energy sector, providing engineering, procurement, and construction services.

Grey market sentiment appears neutral, with the grey market premium (GMP) currently standing at ₹0.

This suggests the estimated listing price is likely to align with the issue price of ₹96, indicating no immediate speculative upside in unofficial trading channels.

The flat GMP contrasts with some recent SME issues that have seen significant premiums, reflecting cautious investor appetite for this specific offering.