The coming week is likely to remain busy for primary market enthusiasts, with eight Initial Public Offerings (IPOs) scheduled for subscription, including two motherboard offerings. Additionally, nine new stocks are about to make their highly anticipated debut on Dalal Street.
Last week, IPOs of JG Chemicals Ltd, RK Swamy Ltd, Mukka Proteins, Sona Machinery and VR Infraspace were open for bidding in the primary market.
Also Read: SME IPOs: A Gateway to Opportunities in Emerging Markets
In the coming week, investors will have the opportunity to subscribe to two motherboard IPOs, namely Popular Vehicles and Krystal Integrated. Additionally, six SME IPOs are open for subscription, including Pratham EPC and Signoria Creation.
Here is a list of new IPOs opening for subscription next week:
Popular IPO in the vehicle and services sector
The Popular Vehicles & Services IPO is open for subscription on March 12, 2024 and closes on March 14, 2024. It is a book edition of ₹601.55 crore and is a combination of fresh issue of shares worth 0.85 crore added together ₹250.00 crores and offer for sale of shares totaling 1.19 crores ₹351.55 crores.
Also read: Popular Vehicles IPO begins next week. GMP, review, further details on the upcoming IPO
The IPO price range for popular vehicles and services is at ₹280 tons ₹295 per share. ICICI Securities Limited, Nuvama Wealth Management Limited and Centrum Capital Limited are the underwriters of the IPO of Popular Vehicles & Services while Link Intime India Private Ltd is the registrar for the issue.
Krystal Integrated Services IPO
The IPO of Krystal Integrated Services is open for subscription on March 14, 2024 and closes on March 18, 2024. The IPO is a book-based issue and includes a new issue of ₹175 crore and offer for sale of 0.18 crore shares.
The price range for the Krystal Integrated Services IPO is yet to be announced. Inga Ventures Pvt Ltd is the book running lead manager of the IPO while Link Intime India Private Ltd is the registrar for the issue.
Pratham EPC Projects IPO
The Pratham EPC Projects IPO is open for subscription on March 11, 2024 and closes on March 13, 2024. It is a book edition of ₹36 crores and is a pure fresh issue of 48 lakh shares.
The IPO price range of Pratham EPC Projects is at ₹71 to ₹75 per share. Beeline Capital Advisors Pvt Ltd is the book running lead manager of the IPO while Link Intime India Private Ltd is the registrar for the issue. The market maker for Pratham EPC Projects IPO is Spread X Securities.
Royal Sense IPO
The Royal Sense IPO is open for subscription on March 12, 2024 and closes on March 14, 2024. The SME IPO is a fixed price issue of ₹9.86 crores. The issue is entirely a fresh issue of shares worth ₹14.5 lakh.
Royal Sense's IPO price is ₹68 per share. Expert Global Consultants Private Limited is the book running lead manager of the Royal Sense IPO while Bigshare Services Pvt Ltd is the registrar for the issue.
Lordship Creation IPO
The Signoria Creation IPO is open for subscription on March 12, 2024 and closes on March 14, 2024. The SME is a book-based edition of ₹9.28 Crores and is a pure fresh issue of 14.28 lakh shares.
The price range for Signoria Creation's IPO is at ₹61 to ₹65 per share. Holani Consultants Private Limited is the book running lead manager of Signoria Creation's IPO while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Signoria Creation's IPO is Holani Consultants.
IPO of AVP Infracon
The AVP Infracon IPO is open for subscription on March 13, 2024 and closes on March 15, 2024. It is a book edition of ₹52.34 crores and is a pure fresh issue of 69.79 lakh shares.
The price range for the IPO of AVP Infracon is ₹71 to ₹75 per share. Share India Capital Services Private Limited is the book running lead manager of the AVP Infracon IPO while Purva Sharegistry India Pvt Ltd is the registrar for the issue. The market maker for AVP Infracon's IPO is Share India Securities.
Enfuse Solutions IPO
The Enfuse Solutions IPO will open for subscription on March 15, 2024 and close on March 19, 2024. It will be a book-built issue of 23.38 lakh equity shares and will be a fresh issue of 23 shares only, 38 lakh shares.
The price range for Enfuse Solutions' IPO is yet to be announced. Hem Securities Limited is the underwriter of the IPO of Enfuse Solutions while Bigshare Services Pvt Ltd is the registrar for the issue.
IPO of KP Green Engineering
The KP Green Engineering IPO is open for subscription on March 15, 2024 and closes on March 19, 2024. The KP Green Engineering IPO is a book edition of ₹189.50 Crores. The issue is entirely a fresh issue of 131.6 lakh shares.
Also Read: KP Green Engineering IPO price range is at ₹137 – 144 per share; Check GMP, issue dates and other important details of the SME IPO
KP Green Engineering's IPO price range is ₹137 to ₹144 per share. Beeline Capital Advisors Pvt Ltd is the book running lead manager of the IPO of KP Green Engineering while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for KP Green Engineering's IPO is Spread X Securities.
New offers next week –
Gopal Snacks IPO – The allotment for Gopal Namkeen's IPO is expected to close on Tuesday, March 12, 2024. The IPO will be listed on the BSE and NSE with the tentative IPO set for Thursday, March 14, 2024.
JG Chemicals IPO – The allotment for JG Chemicals' IPO is expected to close on Monday, March 11, 2024. The IPO will be listed on the BSE and NSE with the tentative IPO set for Wednesday, March 13, 2024.
RK SWAMY IPO – Allotment for the IPO was completed on Thursday, March 7, 2024. RK SWAMY IPO will be listed on BSE and NSE. The provisional trading date is Tuesday, March 12, 2024.
Pune E-Stock Broking IPO – Allotment for Pune E-Stock Broking's IPO is expected to be completed on Wednesday, March 13, 2024. The IPO will be listed on the BSE SME with the tentative IPO set for Friday, March 15, 2024.
Shree Karni Fabcom IPO – The allotment for Shree Karni Fabcom's IPO is expected to close on Tuesday, March 12, 2024. The IPO will be listed on the NSE SME with the preliminary IPO set for Thursday, March 14, 2024.
Koura Fine Diamond Jewelry IPO – Allotment for Koura Fine Diamond Jewelry's IPO is expected to close on Tuesday, March 12, 2024. The IPO will be listed on the BSE SME with the tentative IPO set for Thursday, March 14, 2024.
Sona Machinery IPO – Allotment for Sona Machinery's IPO is expected to close on Monday, March 11, 2024. The IPO will be listed on the NSE SME with the preliminary IPO set for Wednesday, March 13, 2024.
VR Infraspace IPO – Allotment for VR Infraspace's IPO was completed on Thursday, March 7, 2024. The IPO will be listed on the NSE SME with the preliminary IPO set for Tuesday, March 12, 2024.
Bharat Highways InvIT – The allotment for Bharat Highways InvIT was completed on Wednesday, March 6, 2024. The IPO will be listed on the BSE, NSE with the tentative listing date set at Tuesday, March 12, 2024.
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