If you invest in the stock market and are looking for good opportunities, then keep your capital ready. The next week of the year, from January 12 to January 16, is going to be very bustling in the market. There is going to be an increase in activity in the primary market once again. Next week, not one or two, but six companies are launching their Initial Public Offerings (IPOs). These include companies in technology, manufacturing and energy sectors. Investors will have the option to invest in different price bands and sectors.
A super week for earnings
Among the IPOs opening next week is one mainboard IPO, while five SME (Small and Medium Enterprise) IPOs are in the pipeline. This week is especially important for investors who want to be involved in the growth stories of new companies from the beginning. Market experts believe that the entry of companies from different sectors will also provide a good opportunity to diversify the portfolio. The bidding process will start from January 12 and will continue till January 19 for different companies.
Focus on one tech world giant
The most talked about IPO is that of cloud-based SaaS (Software as a Service) company Amagi Media Labs. This is the only mainboard IPO this week. Amagi’s issue will open on January 13, and investors can subscribe till January 16. The company has fixed the price band at ₹343 to ₹361 per share.
This IPO is worth ₹ 1,788.62 crore, which is considered quite big. New shares worth ₹816 crore will be issued, while the remaining portion will be an offer for sale (OFS). Through OFS, existing investors such as True North Holdings, Norwest Venture Partners and Accel India will sell their stake.
SME IPO Lineup
Apart from the mainboard, tremendous activity will also be seen in the SME segment. Here the investment amount and lot size are somewhat larger, so caution and prudence are necessary.
Avana Electrosystems: This issue will be open from January 12 to January 14. Price band is Rs 56-59. Retail investors will have to apply for a minimum of 4,000 shares, and it will be listed on NSE SME on January 19.
Narmadesh Brass Industries: This issue of Rs 44.87 crore will be open from January 12 to January 15. The share price has been fixed at Rs 515, and one lot of 480 shares has to be bought.
INDO SMC: This IPO will open on 13 January and close on 15 January. The issue, which has a price band of Rs 141-149, will be listed on BSE. Minimum investment of 2,000 shares is required.
GRE Renew Enertech: For those interested in the renewable energy sector, this issue is open from January 13 to January 16. At a price of Rs 100-105, you have to bid for 2,400 shares.
Armor Security India: This security services company is launching its IPO on January 14, which will run till January 19. The price band is Rs 55-57, and this also has a lot size of 4,000 shares.
These companies will make a great entry in the market
Not only new IPOs, but also the faces of investors who have invested in the last few weeks may blossom next week. Shares of many companies are going to be listed in the stock market. These include Bharat Coking Coal, Gabion Technologies, Yajur Fibers, Victory Electric Vehicles and Deferral Technologies. The movement of these shares on the day of listing will decide whether investors will get listing gains or will have to hold them for the long term. Overall, the entire next week is going to be about new companies coming into the stock market.