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Repono Logistics's IPO opens to raise ₹26.68 crore: Details here
Repono, a logistics company serving the oil and petrochemical industries, just opened its IPO to raise ₹26.68 crore.
Shares are priced between ₹91-₹96 each, with the offer closing this Wednesday.
If you're thinking of investing, the listing is set for August 4 on the BSE SME platform.
Retail investors need at least ₹2.3 lakh to get in
Retail investors need at least ₹2.3 lakh to get in, while HNIs need ₹3.45 lakh minimum.
The money raised will go toward new equipment, better warehouse systems, and covering day-to-day costs.
Repono's revenue jumped 51% in FY25 (₹51.59 crore), with profits up 23%, and there's buzz that shares could debut at a 22% premium—so it's definitely catching some attention right now.