6 Upcoming IPO and Listing Details for the Week Ahead
Upcoming IPO
Overview of Upcoming IPOs and Listings in the New Week
The primary market is set to experience activity in the upcoming week, albeit with a slight decrease in intensity. While the mainboard segment won’t witness any new IPOs, the SME segment is gearing up for a flurry of activity with six IPOs scheduled.
Additionally, there are listings in both the mainboard and SME segments, contributing to the overall dynamism of the market.
Upcoming IPOs:
- Deepak Chemtex:
- Opening and Closing Dates: November 29 to December 1
- Size: Rs 23.04 crore
- New Shares: 28.8 lakh
- Price Band: Rs 76-80 per share
- Minimum Lot Size: 1600 shares
Deepak Chemtex’s IPO is set to open on November 29 and close on December 1. With a size of Rs 23.04 crore, the company aims to issue 28.8 lakh new shares. Investors can participate in the IPO within the price band of Rs 76-80 per share, with a minimum lot size of 1600 shares.
- AMIC Forging:
- Opening and Closing Dates: November 29 to December 1
- Size: Rs 34.80 crore
- New Shares: 27.62 lakh
- Price Band: Rs 121-126 per share
- Minimum Lot Size: 1000 shares
AMIC Forging’s IPO, scheduled from November 29 to December 1, aims to raise Rs 34.80 crore by issuing 27.62 lakh new shares. Investors can bid for shares within the price band of Rs 121-126 per share, and the minimum lot size for bidding is set at 1000 shares.
- Net Avenue Technologies:
- Opening and Closing Dates: November 30 to December 4
- Size: Rs 10.25 crore
- New Shares: 56.96 lakh
- Price Band: Rs 16-18 per share
- Minimum Lot Size: 8000 shares
Net Avenue Technologies plans to open its public issue from November 30 to December 4. The issue size is Rs 10.25 crore, and it involves the issuance of 56.96 lakh new shares. The price band for this IPO is set at Rs 16-18 per share, and investors are required to bid in lots of 8000 shares.
- Graphisads:
- Opening and Closing Dates: November 30 to December 5
- Size: Rs 53.41 crore
- New Shares: 48.12 lakh
- Price Band: Rs 111 per share
- Minimum Lot Size: 1200 shares
Graphisads is gearing up for its IPO opening on November 30 and closing on December 5. The company aims to raise Rs 53.41 crore by issuing 48.12 lakh new shares. Investors can bid in the IPO within the price band of Rs 111 per share, and the minimum lot size is 1200 shares.
- Marinetrans India:
- Opening and Closing Dates: November 30 to December 5
- Size: Rs 10.92 crore
- New Shares: 42 lakh
- Price Band: Rs 26 per share
- Minimum Lot Size: 4000 shares
Marinetrans India’s IPO, scheduled from November 30 to December 5, has a fixed price band of Rs 26 per share. The company intends to issue 42 lakh new shares, aiming to raise Rs 10.92 crore. Investors can participate with a minimum lot size of 4000 shares.
- Swasthik Plascon:
- Opening and Closing Dates: November 24 to November 29
- Size: Rs 40.76 crore
- New Shares: 47.39 lakh
- Price Band: Rs 80-86 per share
- Minimum Lot Size: 1600 shares
Swasthik Plascon’s public issue opened on November 24 and is set to close on November 29. The IPO, with a size of Rs 40.76 crore, involves the issuance of 47.39 lakh new shares. Investors can bid within the price band of Rs 80-86 per share, and the minimum lot size is 1600 shares.
Listings in the New Week:
Mainboard Segment (5 Companies):
- Tata Technologies
- IREDA
- FedBank Financial Services
- Flair Writing Industries
- Gandhar Oil Refinery
SME Segment:
- Arrowhead Separation Engineering (BSE SME – November 28)
- Rocking Deals Circular Economy (NSE Emerge – November 30)
Market Trends and Considerations for Investors:
The upcoming week presents a mix of IPOs across various sectors, catering to different investor preferences. Deepak Chemtex, with its focus on a sizeable Rs 23.04 crore IPO, might attract attention from investors seeking exposure in the specified price band.
Similarly, AMIC Forging, aiming to raise Rs 34.80 crore, has set a competitive price band, potentially appealing to investors looking for opportunities in the forging industry.
Net Avenue Technologies, with a relatively smaller size of Rs 10.25 crore, offers a different investment proposition. The company’s focus on technology may attract investors interested in the digital sector. Graphisads, with its IPO size of Rs 53.41 crore and a price band of Rs 111 per share, is positioned as a significant player in the advertising space.
Marinetrans India, with a fixed price band of Rs 26 per share, presents a distinctive option for investors considering the logistics and transportation sector. Swasthik Plascon, having opened on November 24, has already garnered attention, and its closing on November 29 will be closely monitored by investors.
Additionally, the listings of five companies in the mainboard segment and two in the SME segment add to the overall market activity.
Investors should carefully assess the financials, market positioning, and growth potential of these companies before making investment decisions.
In conclusion, the upcoming week in the stock market promises a diverse range of opportunities for investors, both in terms of IPOs and listings.
The dynamic nature of the market, coupled with sector-specific offerings, provides investors with choices that align with their investment strategies and risk appetites.
As always, investors are advised to conduct thorough research and seek professional financial advice to make informed investment decisions in the ever-evolving stock market landscape.
