India’s primary market is NTPC Green Energy, Enviro Infra Engineers and two other small and medium enterprises (SME) Public issues. Along with this, six other SME IPOs will also open this week from November 25.
The stock market, after falling more than half a percent on Friday, recovered to gain more than 2 percent led by index heavyweights like Reliance. infosysICICI Bank and TCS. After Friday’s trading session, Nifty 50 closed 2.39 percent higher at 23,907.25 points, while at the previous market close it was at 23,349.90 points.
The BSE Sensex index closed at 79,117.11 points, up 2.54 percent from the previous close of 77,155.79 points. market to close.
Despite challenges in the market due to the fall in Adani shares due to charges from the US securities regulator, the entire third week of November remained quite active for the primary markets.
Looking ahead, the list of IPOs coming next week includes six SME IPOs aiming to raise funds public market In the last week of November.
Here are the IPOs coming next week:
Rajesh Power Services Limited IPO
Rajesh Power Services Ltd, a consultancy firm for state transmission and distribution companies, is an SME segment company offering a fresh issue of shares aggregating to 27.9 lakh shares. 93.47 crore and an offer-for-sale (OFS) component of 20 lakh shares in total. 67 crores. IPO aims to raise funds through book-built issue Rs 160.47 crore from the stock market.
The public issue will open on Monday, November 25 and close on Wednesday, November 27. The shares are expected to be listed on the BSE SME Index on Monday, December 2.
The company has fixed the price band for the issue from 319 For shares having face value Rs 335 per share 10 per share and lot size 400 shares per lot. retail investors Requires minimum investment of Rs. 1,34,000, and HNIs are required to invest a minimum of 2 lots (800 shares), which is the amount 2,68,000.
Isk Advisors Pvt Ltd is the bookrunner, while BigShare Services Pvt Ltd is the registrar to the issue. Sunflower Broking is the market maker for Rajesh Power IPO.
Rajputana Biodiesel Limited IPO
Rajputana Biodiesel Limited, a manufacturer and supplier of biofuels and by-products, is offering a fresh issue of 19 lakh shares through a book-built issue, aimed at Rs 24.70 crore from stock market.
The public issue will open on Tuesday, November 26 and close on Thursday, November 28. The shares are expected to be listed on the NSE SME Index on Tuesday, December 3.
The company has fixed the price band for the issue from 123 With face value Rs 130 per share 10 per share and lot size 1,000 shares per lot. retail Investors are required to invest minimum 1,30,000, and HNIs are required to invest a minimum of 2 lots (2,000 shares), the amount 2,60,000.
GYR Capital Advisors Pvt Ltd is the bookrunner, while Mashitala Securities Pvt Ltd is the registrar to the issue. Giriraj Stock Broking is the market maker for Rajputana Biodiesel IPO.
Abha Power and Steel Limited IPO
Abha Power & Steel Ltd, a casting and manufacturing iron and steel products firm, is offering a fresh issue of aggregating to 41.39 lakh equity shares. Proposal for sale of Rs 31.04 crore and 10 lakh shares is coming 7.50 crores. IPO aims to raise funds through book-built issue to Rs 38.58 crore store market.
The public issue will open for bidding on Wednesday, November 27 and close on Friday, November 29. The shares are expected to be listed on the NSE SME Index on Wednesday, December 4.
The company has fixed the price for the IPO 75 per share, with lot size 1,600 shares per lot. Retail investors require minimum investment 1,20,000, and HNIs require a minimum investment Amount of 2 lots (3,200 shares) 2,40,000.
Horizon Management Pvt Ltd is the book-running manager to the public issue, while Skyline Financial Services Pvt Ltd is the registrar. Giriraj Stock Broking is the market maker for Abha Power & Steel IPO.
Apex Ecotech Limited IPO
Apex Ecotech Limited, a water and waste water treatment company, is offering a fresh issue of 34.99 lakh shares aimed at raising shares. Rs 25.54 crore from Indian stock market.
The public issue will open for subscription on Wednesday, November 27 and will close on Friday, November 29. The shares are expected to be listed on the NSE SME Index on Wednesday, December 4.
The company has fixed it price Band for public issue at the limit of from 71 73 per share and lot size 1,600 shares per lot. Retail investors require minimum investment 1,16,800, and HNIs are required to invest a minimum of 2 lots (3,200 shares), which is the amount 2,33,600.
Share India Capital Services Pvt Ltd is the book-runner for the public issue, while Kfin Technologies Ltd is the registrar for the offer. Share India Securities is the market maker for Apex Ecotech IPO.
Agarwal Toughened Glass India Limited IPO
Agarwal Toughened Glass India Limited is a tempered glass The manufacturer is offering a fresh issue of 58 lakh shares. The company aims to raise 62.64 crore through book-built public issue.
The public issue will open for subscription on Thursday, November 28 and will close on Monday, December 2. The shares are expected to be listed on the NSE SME Index on Thursday, December 5.
The company has fixed the price band for the IPO. from 105 108 per share, with lot size 1,200 shares per lot. Retail investors need one minimum investment of 1,29,600, and HNIs need to invest a minimum of 2 lots (2,400 shares), the amount 2,59,200.
Cumulative Capital Pvt Ltd is the book-runner for the public issue, while Kfin Technologies Ltd is the registrar for the offer. The market maker for Aggarwal Toughened Glass India IPO is Nikunj Stock Brokers.
Ganesh Infraworld Limited IPO
Ganesh Infraworld Limited is a Construction The service provider is offering a fresh issue of 118.77 lakh shares through a book-built issue. The company aims to raise Rs 98.58 crore from the stock market.
The public issue will open for subscription on Friday, November 29 and will close on Tuesday, December 3. The shares are expected to be listed on the NSE SME Index on Friday, December 6.
The company has fixed the price band limit for the public issue. from 78 83 per share and lot size 1,600 shares per lot. Retail investors require minimum investment 1,32,800, and HNIs need to invest a minimum of 2 lots (3,200 shares), the amount 2,65,600.
Vivaro Financial Services Pvt Ltd is the book-running manager for the public issue, while Link Intime India Pvt Ltd is the registrar for the offer. Rikhav Securities is the market maker for Ganesh Infraworld IPO.
IPO listing next week
Dalal Street is set to see the listing of four initial public offerings (IPOs) starting from Wednesday, November 27. NTPC Green Energy IPO It is set to be listed on November 27.
Other IPOs to be listed this week include Enviro Infra Engineers, Lamosek India and C2C Advanced Systems. Of the four listings this week, only two are mainboard IPOs (NTPC Green and Enviro Infra), the remaining two fall under the SME IPO category.
catch ’em all business News , market news , today’s latest news events and latest news Updates on Live Mint. download mint news app To get daily market updates.
MoreLess