DSIJ Mindshare

The stock gave multibagger returns of 836.66 per cent in just 6 months whereas BSE Capital Goods Index rose only 4.75 per cent.  

Though SME IPOs lack the huge numbers and marketing blitzkrieg of mainboard peers, they try to make it up with eye-popping returns if last one year data is anything to go by. 

Rhetan TMT Limited became the 388th company to get listed on the BSE SME Platform on September 05, 2022. Rhetan TMT Limited came out with an initial public offering of 80,00,000 equity shares of Rs.10 each for cash at a price of Rs. 70 per equity share, aggregating to Rs. 56 crore. The company successfully completed its public issue on August 25, 2022.