IPO market
IPO Next Week: Amidst the ongoing decline in the stock market, the IPO market is also looking sluggish. Only 3 new IPOs will be launched in the primary market next week. There is also only one mainboard IPO and 2 SME IPOs. Apart from this, shares of 3 companies will also be listed on the stock exchanges next week. All three are SME companies. Let us know which IPOs are being launched next week.
NTPC Green Energy IPO
NTPC Green Energy IPO will open for subscription on November 19 and close on November 22. This is a mainboard IPO of Rs 10,000 crore. One lot in this IPO is of 138 shares. The listing of shares in the IPO will take place on November 27. In the gray market on Saturday morning, this share was seen trading at a premium of Rs 1.40 against the issue price of Rs 108. In this way, this share can be listed at Rs 109.4 with a premium of 1.30 percent. The price band in the IPO has been kept at Rs 102 to Rs 108 per share.
C2C Advanced Systems
This is an SME IPO of Rs 99.07 crore. It will open for subscription on November 22 and close on November 26. The listing of shares will take place on November 29. One lot in the IPO is of 600 shares. This share is seen trading at a good premium in the gray market. On Saturday morning, the stock was seen trading at a premium of Rs 220 against the issue price of Rs 226 in the gray market. In this way, this share can be listed at Rs 446 with a premium of 97.35 percent. The price band in this IPO has been kept at Rs 214 to Rs 226 per share.
Lamosaic India NSE SME
This is an SME IPO of Rs 61.20 crore. This IPO will open on 21st November and close on 27th November. One lot in the IPO is of 600 shares. The listing of shares in this IPO will take place on November 29.
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