This There is going to be a lot of activity in the IPO market this week. This week 6 new IPOs will come in the market. These include 1 mainboard and 5 SME IPOs. These 6 IPOs together will raise around Rs 500 crore from the market. Also, 6 shares are to be listed on the stock exchanges this week. According to market experts, many IPOs are going to be launched in the market in the next two months. Currently, IPO applications of at least 25 companies are pending with SEBI. At the same time, 30 companies have got SEBI’s approval to launch IPO.
This Mainboard IPO is coming this week
There is a mainboard IPO coming this week. This is the IPO of BLS E-Services. This IPO will open for subscription on January 30 and will close on February 1. This IPO is a completely fresh equity issue. In this, 2.3 crore fresh shares will be issued. The company has kept the price band of Rs 129-135 per share in the IPO. One lot in the IPO is of 108 shares. 75 percent of this IPO has been reserved for qualified institutional buyers, 10 percent for retail investors and 10 percent for non-institutional investors. This company runs portals for access to various services provided by the government and service partners. This share was seen trading at GMP of Rs 140 on Sunday.
These are 5 SME IPOs
- The first of the 5 SME IPOs is Megatherm Induction IPO. It will open on January 29 and close on January 31. This is a fresh issue of 49.92 lakh shares. Its price band is Rs 100-108 per share. This share was seen trading at GMP of Rs 75.
- Harshdeep Hortico IPO will open on January 29 and close on January 31. The company will raise Rs 19.09 crore from the IPO. The price band in the IPO is Rs 42-45 per share.
- The IPO of Mayank Cattle Food will open on January 29 and close on January 31. The price band is Rs 108 per share. The company will raise Rs 19.44 crore from the IPO. This share was seen trading at GMP of Rs 10.
- The IPO of Baweja Studios will open between January 29 and February 1. This is an IPO of Rs 97.20 crore. It was seen trading at GMP of Rs 25 on Sunday. The IPO price is Rs 180.
- The IPO of Gabriel Pet Straps will open between January 31 and February 2. This is an IPO of Rs 8.06 crore.
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