IPOs next week: Blue Jet Healthcare IPO to On Door Concepts IPO; 5 new issues, 2 listings to keep the primary market going

IPOs next week: The primary market saw some large listings last month in both the motherboard segment and the small and medium enterprise (SME) segment, keeping investors busy with subscriptions and listings. In the third week of October there is a lot of activity on the market – also packed with new listings and initial public offerings (IPO) that are available for subscription.

“The remarkable volume of IPOs in India, covering a wide range of sectors and industries, demonstrates the country’s economic resilience and attractiveness as an investment hub,” said Mahavir Lunawat, Managing Director, Pantomath Capital Advisors Pvt. Ltd, a medium-sized investment bank.

“Next week looks promising with the focus on Blue Jet Healthcare Limited which will open a capital raise.” ₹840.2 Crore funds. “We expect numerous IPOs to open in the next few months,” Lunawat added.

Let’s take a look at some of the companies opening for subscriptions this week, as well as some that are listing on stock exchanges.

Also read: Dividend stocks: Infosys, ICICI Lombard, L&T Tech and others to trade ex-dividend next week; Check the full list

Blue Jet Healthcare IPO

The Motherboard Edition opens for subscription on Wednesday, October 25th and ends on Friday, October 27th. The price range for Blue Jet Healthcare’s IPO has been set at the range of ₹329 tons ₹346 per share with a par value of ₹2. Blue Jet Healthcare IPO is a book-based issue of ₹840.27 crore. The issue is purely an offer for sale of shares worth ₹2.43 crore.

On Door Concepts IPO

The SME IPO is open for subscription on October 23, 2023 and closes on October 27, 2023. The On Door Concepts IPO is a fixed price offering of ₹31.18 crore. The issue is a fresh issue of 14.99 lakh shares only. Ondoor Concepts is an e-commerce website focused on grocery and household item needs.

Paragon Fine and Specialty Chemicals IPO

The SME IPO is open for subscription on October 26, 2023 and closes on October 30, 2023. Paragon Fine And Specialty Chemicals IPO is a book edition of ₹51.66 crore. The issue is entirely a fresh issue of 51.66 lakh shares. The IPO price range is ₹95 to ₹100 per share. The company is engaged in the custom synthesis and manufacturing of specialty chemicals.

Shanthala FMCG Products IPO

The SME IPO of the FMCG products distribution company is open for subscription on October 27, 2023 and closes on October 31, 2023. The IPO of Shanthala FMCG Products is a fixed price issue of ₹16.07 Crores. The issue is entirely a fresh issue of 17.66 lakh shares. Shanthala FMCG Products IPO price is ₹91 per share.

Maitreya Medicare Limited IPO

The Multi-Specialty Hospital SME IPO is open for subscription on October 27, 2023 and closes on November 1, 2023. The Maitreya Medicare Limited IPO is a book edition of ₹14.89 crore. The issue is entirely a fresh issue of 18.16 lakh shares. The price range for the IPO of Maitreya Medicare Limited is at ₹78 to ₹82 per share.Also read: Blue Jet Healthcare’s IPO will begin on October 25, with a price range of ₹329-346 each

New entries:

Arvind and Company Shipping Agencies Limited: The shares of the SME IPO will be listed on the NSE SME on Wednesday, October 25. The shares will be credited to demat accounts on Monday, October 23.

WomanCart Limited: The shares of the SME IPO will be listed on the NSE SME on Friday, October 27. The allocation will be completed on October 23rd. The refunds will be initiated on October 25 and the shares will be credited to demat accounts on October 26.

“Exciting news! Mint is now on WhatsApp channels 🚀 Subscribe today by clicking the link and stay updated with the latest financial insights!” Click here!