Four SME IPOs, Maharaja & Speedex India, Raksan Transformers, Panchatv Bharat and Om Galaxy, open today, with Maharaja & Speedex leading the grey market at 16%, followed by Raksan Transformers at 9%.

Maharaja & Speedex India aims to raise ₹80 crore through an IPO on BSE SME, offering 43.08 lakh shares priced at ₹177-₹186.

Today marks the opening of three Indian SME IPOs: Vinod Texworld, Amtech Esters, and Infrax Renewable. Vinod Texworld is generating significant interest in the grey market, while…