weeks 4 IPOs are open for subscription on Monday, the first trading day of . These four are SME IPOs. These shares are seen trading at a good premium in the gray market. The IPOs that are open for subscription today include Megatherm Induction IPO, Harshdeep Hortico IPO, Mayank Cattle Food IPO and Baweja Studios. These are all SME IPOs. In early trading on Monday, the Bombay Stock Exchange index was seen trading with a gain of about 800 points.
Megatherm Induction IPO
Megatherm Induction IPO has opened for subscription from Monday i.e. 29th January. It can be subscribed till 31 January. This is a fresh issue of 49.92 lakh shares. The company has fixed the price band of Rs 100-108 per share in the IPO. On Monday morning, the company’s shares were seen trading at a premium of Rs 75 in the gray market. In this way, it can be listed at Rs 183 with a premium of 69.44 percent.
Mayank Cattle Food
The IPO of Mayank Cattle Food has opened on 29 January. This IPO can be subscribed till 31 January. The company has kept the price band in the IPO at Rs 108 per share. The company will raise Rs 19.44 crore from the IPO. The company’s shares were seen trading at a premium of Rs 10 in the gray market on Monday morning. In this way, this share can be listed at Rs 118 with a premium of 9.26 percent.
Baweja Studios
The IPO of Baweja Studios has opened for subscription on 29 January. It can be subscribed till 1st February. This is an IPO of Rs 97.20 crore. The share price in IPO is Rs 180. The company’s shares were seen trading at a premium of Rs 25 in the gray market on Monday morning. In this way, this share can be listed at Rs 205 with a premium of 13.89 percent.
Harshdeep Hortico IPO
Harshdeep Hortico’s IPO has opened for subscription from today. It will close on 31 January. The company plans to raise Rs 19.09 crore through IPO. The price band in the IPO is Rs 42-45 per share.
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