There will be significant activity in the primary market starting June 24, with 10 new IPOs set to open.
This includes two issues from the mainboard segment.
Additionally, there are four IPOs already open, including one from the mainboard segment. A total of 11 companies will be listed on the stock market next week.
Here’s a closer look at the companies involved.
Visaman Global Sales IPO
Opening on June 24 and closing on June 26, this company aims to raise Rs 16.05 crore with a price band of Rs 43 per share and a lot size of 3000 shares. The shares are expected to be listed on the NSE SME on July 1.
Mason Infratech IPO
This IPO of Rs 30.46 crore will open on June 24 and close on June 26. The price band is Rs 62-64 per share, with a lot size of 2000 shares. Shares may be listed on the NSE SME on July 1.
Sylvan Plyboard IPO
Also opening on June 24 and closing on June 26, this company plans to raise Rs 28.05 crore with a price band of Rs 55 per share and a lot size of 2000 shares. Listing is expected on the NSE SME on July 1.
Shivalic Power Control IPO
Opening on June 24, this Rs 64.32 crore IPO has a price band of Rs 95-100 per share and a lot size of 1200 shares. Bidding is open until June 26, with shares likely to be listed on the NSE SME on July 1.
Petro Carbon and Chemicals IPO
This issue opens on June 25 and closes on June 27. The price band is Rs 162-171 per share with a lot size of 800 shares. The company aims to raise Rs 113.16 crore, with shares listed on the NSE SME on July 2.
Divine Power IPO
Also opening on June 25 and closing on June 27, this IPO aims to raise Rs 22.76 crore with a price band of Rs 36-40 per share and a lot size of 3000 shares. Shares will be listed on the NSE SME on July 2.
Akiko Global Services IPO (The Money Fair IPO)
Investors can bid from June 25 to June 27. The price band is Rs 73-77 per share and the lot size is 1600 shares. The company aims to raise Rs 23.11 crore, with shares listed on the NSE SME on July 2.
Allied Blenders IPO
This mainboard segment IPO aims to raise Rs 1500 crore, opening on June 25 and closing on June 27. The price band is Rs 267-281 per share with a lot size of 53 shares. Shares will be listed on BSE and NSE on July 2.
Diensten Tech IPO
Opening on June 26 and closing on June 28, this IPO aims to raise Rs 22.08 crore with a price band of Rs 95-100 per share and a lot size of 1200 shares. Shares will be listed on the NSE SME on July 3.
Vraj Iron and Steel IPO
This mainboard segment IPO opens on June 26 with a price band of Rs 195-207 per share and a lot size of 72 shares. The company aims to raise Rs 171 crore, with investments open until June 28. Shares will be listed on BSE and NSE on July 3.
Ongoing IPOs
Winny Immigration IPO
Opened on June 20 and closing on June 24, this Rs 9.13 crore IPO has received 27.85 times subscription so far. Shares will be listed on the NSE SME on June 27, with a price band of Rs 140 per share and a lot size of 1000 shares.
Dindigul Farm Product IPO (EnNutrica IPO)
Opened on June 20 and closing on June 24, this IPO has been subscribed 27.58 times. Shares will be listed on BSE SME on June 27, with a price band of Rs 51-54 per share and a lot size of 2000 shares.
Medicamen Organics IPO
Opened on June 21 and closing on June 25, this IPO has been subscribed 54.49 times so far. Shares will be listed on NSE SME on June 28, with a price band of Rs 32-34 per share and a lot size of 4000 shares.
Stanley Lifestyles IPO
Also opened on June 21, this IPO has been subscribed 1.59 times so far, closing on June 25. Shares will be listed on BSE and NSE on June 28, with a price band of Rs 351-369 per share and a lot size of 40 shares.
Upcoming Listings
On June 24, United Cotfab IPO will be listed on the BSE SME platform and GP Eco Solutions India IPO on the NSE SME platform.
On June 26, Akme Fintrade India IPO and DEE Piping Systems IPO will be listed on BSE and NSE platforms.
On June 26, Falcon Technoprojects India IPO and Durlax Top Surface IPO will be listed on the NSE SME platform, and GEM Enviro Management IPO on BSE SME.
On June 27, Winny Immigration IPO will be listed on NSE SME and Dindigul Farm Product IPO on BSE SME.
On June 28, Medicamen Organics shares will be listed on NSE SME and Stanley Lifestyles shares on BSE and NSE.
