Paluck Technologies, Complete Sports, and Management SME IPOs Launch Today: What GMPs Reveal About Their Market Potential.

Paluck Technologies and Complete Sports and Management India have launched their SME IPOs for subscription starting today, August 28, 2026, with a closing date of September 1, 2026. Paluck Technologies aims to raise Rs 33 crore through a fresh issue of 68.76 lakh shares, while Complete Sports and Management is looking to secure Rs 74.93 crore from its fresh issue of 0.56 crore shares. The share allotment for both IPOs is expected on September 2, leading to a listing on the BSE SME platform slated for September 4, 2026. The fixed price band for Paluck Technologies is set at Rs 46 to Rs 48 per share, requiring a minimum retail investment of Rs 2.88 lakh for two lots. In contrast, Complete Sports and Management has a price band from Rs 128 to Rs 135 per share, demanding a minimum investment of Rs 2.70 lakh for two lots.

The grey market sentiment surrounding these IPOs reveals a stark contrast in expectations. Paluck Technologies is currently commanding a grey market premium (GMP) of approximately 52%, indicating strong market confidence and anticipated robust listing performance with an estimated listing price around Rs 73 per share. Meanwhile, Complete Sports and Management shows no reported GMP, suggesting investor expectations are muted, resulting in a potential for a flat listing. This discrepancy highlights differentiation in market perception regarding the future performance of these two companies.

For Indian investors, these two SME IPOs present varied opportunities. Paluck Technologies, with its high GMP, is attracting substantial interest and indicates a potential for listing gains, while Complete Sports and Management poses more risks due to its lack of market sentiment. Investors should weigh their risk tolerance and assess the underlying business models before making decisions. Overall, the differing sentiments in the grey market for these two IPOs can serve as an important indicator for retail and HNI investors to gauge their strategies in the current market environment.

Source: The Economic Times

(Expert Note: This report was prepared by the Wealthova IPO team.)