IPOs Next Week: The primary market witnessed some major listings in both main board and small- and medium-sized enterprise (SME) segments in the last week of September, which kept investors engaged with subscriptions and listings. Moving on, the first week of October sees strong market buzz – as several initial public offering (IPO) issues are closing and new companies are set to make their debut on D-Street.
Let’s take a look at some of the companies that are closing for subscription this week, along with few that are getting listed on the bourses.
1.Valiant Laboratories IPO:
Valiant Laboratories IPO opened for subscription on Wednesday, September 27, and closes on Tuesday, October 3. The company has fixed the price band at ₹133 to ₹140 per equity share for the proposed initial public offer. The mainboard IPO of the paracetamol manufacturer has been subscribed 2.19 times on its third day of its issue.
2.Plaza Wires IPO:
Plaza Wires IPO has opened for subscription on Friday, September 29, and will close on Wednesday, October 4. The company has fixed the price band at ₹51 to ₹54 per equity share for the proposed IPO. The mainboard IPO of the wire manufacturer has been subscribed 4.73 times on the first day of its issue.
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Apart from the above mainboard IPOs, as many as 13 SME IPOs are closing in the upcoming week ending October 6. They are as follows:
3.Goyal Salt IPO closes on October 3. The raw salt refiner opened for subscription on September 26.4.Sunita Tools IPO closes on October 3. The machining parts manufacturer opened for subscription on September 26.
5.E Factor Experiences IPO closes on October 3. The event management firm opened for subscription on September 27.
6.Kontor Space IPO closes on October 3. The space leasing company opened for subscription on September 27.
7.Vinyas Innovative Technologies IPO closes on October 3. The electronic product manufacturer opened for subscription on September 27.
8.Oneclick Logistics India IPO closes on October 3. The logistics services provider opened for subscription on September 27.
9.Canarys Automations IPO closes on October 3. The IT solutions provider opened for subscription on September 27.
10.Viva Tradecom IPO closes on October 4. The clothes and garment manufacturer opened for subscription on September 27.
11.Akanksha Power & Infrastructure IPO closes on October 4. The SME IPO opened for subscription on September 29.
12.Vishnasurya Projects & Infra IPO closes on October 5. The mining company opened for subscription on September 29.
13.Plada Infotech Services IPO closes on October 5. The business process outsourcing (BPO) opened for subscription on September 29.
14. Sharp Chucks & Machines IPO closes on October 5. The tool manufacturer opened for subscription on September 29.
15.Karnika Industries IPO closes on October 5. The kids’ wear manufacturer opened for subscription on September 29.
Also Read: Saakshi Medtech and Panels IPO subscribed over 91 times on on last day of issue; NIIs steal the show
New Listings
1.Vaibhav Jewellers: Shares of the mainboard IPO will get listed on stock exchanges BSE and NSE on October 3.
2.JSW Infrastructure: Shares of the JSW Group company will get listed on stock exchanges BSE and NSE on October 3.
3.Mangalam Alloys: Shares of the SME IPO will get listed on NSE SME on October 5. The refunds will be initiated on October 3 and shares will be credited to demat accounts on October 4.
4.Organic Recycling Systems: Shares of the SME IPO will get listed on BSE SME on October 5. The refunds will be initiated on October 3 and shares will be credited to demat accounts on October 4.
5.Digikore Studios: Shares of the SME IPO will get listed on NSE SME on October 4. The refunds will be initiated on October 3 and shares will be credited to demat accounts on October 3.
6.Saakshi Medtech and Panels: The tentative date for share allocation is October 3, 2023. The issue is proposed for listing on NSE SME Emerge platform and the tentative date for share listing is October 6.
7.Inspire Films: Shares of the SME IPO will get listed on NSE SME on October 6. The allotment will be finalised on October 3. The refunds will be initiated on October 4 and shares will be credited to demat accounts on October 5.
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