Valencia India to PRO FX Tech: Four SME IPOs open for subscription on June 26; key details inside

After a sluggish start to 2025, the IPO market is showing signs of revival, with as many as six mainboard IPOs opening for subscription this week to raise over ₹15,800 crore, while 13 SME IPOs plan to raise ₹470.1 crore, supporting the strong momentum in the primary market.

Primary market is witnessing its best-ever week of 2025 as stable market conditions in the secondary market amid easing geopolitical tensions. This has revived promoter sentiments to raise new funds from primary markets.

Four SME IPOs namely Valencia India, Moving Media Entertainment, PRO FX Tech Ace Alpha Tech will open for subscription on June 26, offering investors diverse opportunities across industries.

Here’s detailed breakdown of SME IPOs opening for subscription today:

Valencia India IPO (Issue size: ₹48.9 crore)

Incorporated in 2017, Valencia India Limited operates Valencia Club Abu, a premium hospitality resort property located at Abu Road, Rajasthan. The full-service leisure resort spans 35,000 sq. ft., featuring 100 room keys across 15 villas and a club building, restaurants, a banquet hall, a spa, swimming pool, and other recreational amenities.

Valencia India aims to raise ₹48.9 crore through its SME IPO. The company has fixed the price band of the issue at ₹95 to ₹110 per share. The lot size, or the minimum bid quantity to apply for the issue, is 1,200 shares.

Valencia India IPO will remain open for bidding from 26 to 30 June. After the bidding is closed, the allotment of shares is expected to be finalised on July 1. Successful bidders can expect the shares to be credited to their demat accounts by July 2. Valencia India shares are scheduled to list on the NSE Emerge platform on July 3.

IPO Objective

• Capital Expenditure: The company will use ₹37.42 crore to develop 15 villas and clubhouse
• General corporate purposes: Part of the IPO proceeds will be used for general corporate purposes and strategic initiatives.

Financial snapshot

Moving Media Entertainment IPO (Issue size: ₹43.4 crore)

Founded in 2012, Moving Media Entertainment is a camera, lens and peripheral equipment rental company. The company caters to media and entertainment industry by offering end-to-end camera and lens equipment on a package rental basis across the country. In FY25, the company served 147 clients across 516 projects, with an average project value of ₹7.18 lakh and average client revenue of ₹25.21 lakh.

Moving Media Entertainment plans to raise ₹43.4 crore through its SME IPO. The company has fixed the price band of the issue at ₹66 to ₹70 per share. The lot size, or the minimum bid quantity to apply for the issue, is 2000 shares.

IPO objective

• Capital Expenditure: The company will use ₹25 crore for investment in advanced camera solutions.
• Repayment of borrowings: The company will use ₹9 crore to repay borrowings availed by it.
• General corporate purposes: Part of the IPO proceeds will be used for general corporate purposes and strategic initiatives.

Financial snapshot

PRO FX Tech IPO (Issue size: ₹40.3 crore)

Incorporated in 2006, the company is engaged in the distribution of audio-video (AV) products, including amplifiers, processors, turn-tables, audio streamers, speakers, subwoofers, sound bars, and cables. The company specialises in providing AV and automation solutions designed to meet individual preferences and diverse user requirements. It operates six showrooms and two experience centres across five cities in India.

PRO FX Tech to raise ₹40.3 crore through this SME IPO. The company has fixed the price band of the issue at ₹82 to ₹87 per share. The lot size, or the minimum bid quantity to apply for the issue, is 1,600 shares.

IPO objective

• Repayment of borrowings: The company will use ₹1.50 crore to repay certain borrowings.
• Capital expenditure: The company will use ₹7.47 crore to set up 3 new showrooms
• Working capital: The company will use ₹19 crore to meet its working capital requirements.
• General corporate purposes: Part of the IPO proceeds will be used for general corporate purposes

Financial snapshot

Ace Alpha Tech IPO (Issue size: ₹22.6 crore)

Founded in 2012, Ace Alpha Tech Limited serves the financial industry with comprehensive trading solutions for institutional investors, retail traders, and brokers. The company specialises in institutional-grade trading strategies and integration with the order management system. Its key services include institutional trading, B2B retail trading, user management, proprietary trading, and custom trading solutions.

Ace Alpha Tech will raise ₹22.6 crore through its SME IPO. The company has fixed the price band of the issue at ₹65 to ₹69 per share. The lot size, or the minimum bid quantity to apply for the issue, is 2,000 shares.

IPO objective

• Capital expenditure: The company will use ₹12.50 crore to fund its business capex requirements.
• General corporate purpose and new acquisition: Part of the IPO proceeds will be used for general corporate purposes and strategic initiatives.

Financial snapshot