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Shree Marutinandan Tubes Limited IPO: Should You Dive In?
The Indian IPO market witnessed a new entrant on January 12, 2024, with Shree Marutinandan Tubes Limited (SMTL) making its public debut. The SME IPO, offering 1 million equity shares, closed for subscription on January 16th, garnering a decent response with over 5x subscription overall. But before you jump on the bandwagon, let’s take a closer look at SMTL and its IPO to see if it’s worth your…
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