Even though the atmosphere of tension is going on in the stock market these days, the coming week is going to be great for investors. Because in the coming week, 8 issues will open in the market and 7 are to be listed. The IPO market will be seen to be bright and investors will also get a chance to earn money. Let us tell you about the upcoming issue by detail.
Out of the 8 issues that will open in the IPO market, 5 will be from the IPO mainboard segment. At the same time, 3 IPOs will be from SME segment. Whereas, the listing will also have 5 IPOs of the mainboard and 2 IPOs of SME segment.
- Shreeji Shipping Global- Shreeji Shipping Global’s IPO will open on 19 August and will be closed on 21 August. The target of this company is to raise Rs 410.71 crore through the issue. For this, 1.63 crore new stock will be brought in the market. No shares will be sold in the IPO under OFS. Its price band has been fixed at Rs 240 to 252 per share. There will be 58 shares in a lot. Its allotment is expected to be on 22 August.
- Gem aromatics ltd- The IPO of GEM Aromatics will also open for retail investors on 19 August and investors will be able to invest in it by 21 August. The company will raise a total of Rs 451 crore. It will bring 54 lakh new shares and 85 lakh shares will be sold through offs. Its price band has been fixed from 309 to 325 per share.
- Vikram Solar Ltd- Vikram Solar’s IPO will be the biggest issue of the next week. The company wants to raise Rs 2,09.37 crore. For this, 4.52 crore new shares and 1.75 crore shares will be released through Ora. This IPO will open on August 19 and will be open till 21 August. The company has fixed its price band 315 to 332 rupees per share.
- Patel retail ltd- The IPO size of Patel Retail is Rs 242.76 crore. This will also open on August 19 and investors will be able to invest in it by 21 August. In this, 85 lakh new shares and 10 lakh ofs shares will come in the market. Its price band has been fixed from 237 to 255 per share.
- Mangal Electrical Industries- The IPO of Mangal Electrical will open on August 20 and will close on 22 August. The company will raise Rs 400 crore through this issue. It will bring 71 lakh new shares and no shares will be done under OFS. Its price band has been kept from 533 to 561 rupees per share. This IPO can be listed in the stock market on August 28.
These issues will be open in SME segment
Next week where 5 issues of the mainboard segment will open. On the other hand, 3 IPOs of the SME segment will also knock in the stock market. These include Studio LSD, LGT Business Connextions Ltd and Classic Electrodes (India) LTD.
This issue will be list
At the same time, if we talk about listing, there is also a listing of 7 issues in the market. These include IPOs of both the mainboard and SME segment. The listing of Bluestone Jewelery in the mainboard segment will be held on August 19 and Regaal Resources on August 20. At the same time, the listing of Medistep Healthcare, AnB Medical Cast and Star Imaging will be held on August 18 in the SME segment. ICODEX Publishing Solutions will be listed in the market on August 19. Along with this, the listing of Mahendra Realtors is to be held on August 20.