IPO News
IPO Next Week: A total of 5 IPOs are going to be launched in the IPO market next week. These will include one mainboard IPO and 4 SME IPOs. If you want to bid in these IPOs, then arrange for the money. Gala Precision Engineering’s mainboard IPO is going to come next week. At the same time, SME IPOs of My Mudra Fincorp, Namo eWaste Management, Mach Conferences and Events and Jeyyam Global Foods will come. Let us know the special things related to these IPOs.
Gala Precision Engineering IPO
This is a mainboard IPO. This IPO will open for subscription on September 2. This IPO can be subscribed till September 4. This is an IPO of Rs 167.93 crore. The shares will be listed on September 9. One lot in the IPO is of 28 shares. In the gray market, the company’s stock is seen trading at a premium of Rs 255 against the issue price of Rs 529. In this way, the listing of the stock can happen at Rs 784 with a premium of 48.20 percent.
Jeyyam Global Foods IPO
This is an SME IPO. This Rs 81.94 crore IPO will open for subscription on September 2 and close on September 4. The shares will be listed on September 9. One lot will be of 2000 shares. The issue price of the share is Rs 61.
Mach Conferences and Events
This is an SME IPO. Subscription for this IPO of Rs 125.28 crore will open on September 4 and close on September 6. The shares will be listed on September 11. One lot is of 600 shares. In the grey market, the company’s shares were seen trading at a premium of Rs 140 against the issue price of Rs 225. In this way, the shares can be listed at Rs 365 with a premium of 62.22 percent.
Namo eWaste Management
This is an SME IPO. This IPO of Rs 51.20 crore will open for subscription on September 4 and close on September 6. The shares will be listed on September 11. One lot consists of 1600 shares. In the grey market, the company’s shares are seen trading at a premium of Rs 50 against the issue price of Rs 85. In this way, the shares can be listed at Rs 135 with a premium of 58.82 percent.
My Mudra Fincorp
This is also an SME IPO. This Rs 33.26 crore IPO will open for subscription on September 5 and close on September 9. The shares will be listed on September 12. One lot consists of 1200 shares. The issue price in the IPO is Rs 110 per share.
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