If you’re interested in investing in new stocks, there are three companies offering IPOs today.
They are Exicom Tele System Limited, Platinum Industries, and Purv Flexipack. Here’s some basic information about each one:
Exicom Tele Systems IPO
1) The IPO for Exicom Tele System, a company that makes EV chargers, starts on February 27 and ends on February 29.
2) They aim to raise Rs 429 crore through this IPO.
3) The share price is set between Rs 135 to Rs 142.
4) Shares worth Rs 329 crore are being offered as new shares, and Rs 100 crore worth are being sold by existing shareholders.
5) Allotment of shares happens on March 1, and successful investors will get their shares by March 4.
6) Shares will be listed on BSE and NSE on March 5.
Platinum Industries IPO
1) Platinum Industries makes stabilizers and their IPO also starts on February 27 and ends on February 29.
2) They aim to raise Rs 235.32 crore.
3) The share price is set between Rs 162 and Rs 171.
4) All shares are new, none are being sold by existing shareholders.
5) Allotment of shares is on March 1, and investors will get their shares by March 4.
6) Shares will be listed on BSE and NSE on March 5.
Purv Flexipack IPO
1) Purv Flexipack’s IPO, which is listed on NSE SME, starts today.
2) They aim to raise Rs 40.21 crore.
3) The share price is between Rs 70 to Rs 71.
4) You can invest until February 29.
5) Allotment of shares is on March 1, and investors will get their shares by March 4.
6) Shares will be listed on March 5.
These companies are showing strong interest in the market, and it’s expected that their shares will be listed at a higher price, potentially providing good profits for investors.
