For investors seeking to capitalize on IPO opportunities, this week presents a chance to explore two enticing options.
Starting from June 6 and running until June 8, the IPO of IKIO Lighting is open for subscription.
Following closely, the Sonalis Consumer IPO will be available for investment from June 7 to June [closing date missing].
IKIO Lighting IPO: Investors can subscribe to the IPO of IKIO Lighting starting from tomorrow, June 6, 2023, with the subscription period ending on June 8.
The company aims to raise Rs 607 crore from the market through this IPO, with the issuance of new equity shares valued at Rs 350 crore.
The lot size for this issue is 52 shares, and investors can bid for a maximum of 13 lots. The price band for IKIO Lighting IPO is set at Rs 270-285 per share, and the expected listing date on the stock market is June 16.
Sonalis Consumer IPO: Sonalis Consumer Products IPO is categorized as an SME IPO, with an issue size of Rs 2.83 crore.
Subscription for this IPO begins on June 7 and concludes on June 9. The company plans to issue 9.44 lakh new shares at a price band of Rs 30 each.
The lot size is set at 4,000 shares, and the listing is projected to take place on June 19 on BSE SME.
Kore Digital IPO: Investors still have the opportunity to invest in the IPO of another SME company, Kore Digital.
The subscription period for this Rs 18 crore IPO opened on June 2 and will close on June 7, offering two more days for investment.
The IPO price band is set at Rs 180 per share, with a lot size of 800 shares. The listing date is anticipated to be June 15.
Comrade Appliances IPO: Investors can seize the chance to invest in the IPO of Comrade Appliances, which opened for subscription on May 31.
The IPO, falling under the SME category, has a price band of Rs 52-54 per share. The issue size amounts to Rs 12.30 crore, and the lot size is 2,000 shares. Shares are expected to be listed on both BSE and NSE on June 13.
These IPOs offer potential investment opportunities, and interested investors should act swiftly to make the most of these offerings before the subscription periods come to a close.
