The SME IPO boom continues in the Indian stock market, making investors rich. On Tuesday, August 4, 2026, Pooja Precision Engineering Limited made a spectacular and impressive debut on the BSE’s SME platform. Investors allotted shares of this company saw significant profits on the day of listing, leaving investors delighted.
A stock with an issue price of ₹301 generated significant profits.
Pooja Precision Engineering had set an issue price of ₹301 per share for its IPO. When trading began on Tuesday morning, the stock was listed on the BSE SME platform at ₹470. Thus, investors received a massive listing gain of ₹169 per share, or approximately 56.15 percent, on the very first day.
Investors made a whopping profit of ₹67,600 per lot
This SME IPO consisted of 400 shares per lot, requiring retail investors to invest at least ₹1,20,400. Since the shares were listed at a premium of ₹169, investors who received this IPO made a whopping profit of ₹67,600 on just one lot. For small and retail investors, receiving such a substantial return in just a few days is nothing short of a jackpot.
The IPO received an overwhelming response from investors
Pooja Precision Engineering’s initial public offering (IPO) of ₹159.83 crore was open for subscription from July 28 to July 30, 2026, and was a completely fresh issue. The company raised ₹45.14 crore from anchor investors. The company, which manufactures aluminium die-castings and precision-machined components for the automotive, EV and aerospace sectors, received an overwhelming response from investors and its IPO was subscribed a total of 259.42 times.