IPO Calendar Next Week: Despite mixed sentiments in the Indian secondary market, the primary market continues to show robust activity. In the upcoming week, seven companies will launch their Initial Public Offerings (IPOs), two in the mainboard and five in the SME segment. Here’s the list of upcoming IPOs:
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Mainboard IPO
Interarch Building Products IPO
Interarch Building Products is set to launch issue of Rs 600.29 crores. This includes a fresh issue of 0.22 crores shares aggregating to Rs 200.00 crores and an offer for sale of 0.44 crores shares aggregating to Rs 400.29 crores.
The issue will open for subscription on August 19, 2024 and close on August 21, 2024. The allotment will be finalised on August 22, 2024 and listing on August 26, 2024 on both BSE and NSE.
The price band is Rs 850 to Rs 900 per share, with a minimum lot size of 16 shares. The minimum investment required by retail investors is Rs 14,400.
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Orient Technologies IPO
Orient Technologies is set to launch IPO issue of Rs 214.76 crores. This includes a fresh issue of 0.58 crores shares aggregating to Rs 120.00 crores and an offer for sale of 0.46 crores shares aggregating to Rs 94.76 crores.
The issue will open for subscription on August 21, 2024 and close on August 23, 2024. The allotment will be finalised on August 26, 2024 and listing on August 28, 2024 on both BSE and NSE.
The price band is Rs 195 to Rs 206 per share, with a minimum lot size of 72 shares. The minimum investment required by retail investors is Rs 14,832.
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SME Segment IPO
SME segment will be busy with several IPOs:
Brace Port Logistics and Forcas Studio Logistics will open on August 19, 2024 and close on August 21, 2024. Forcas Studio is priced at Rs 77-80 per share and Brace Port at Rs 76-80 per share.
Ideal Technoplast Industries and QVC Exports will open on August 21, 2024 and close on August 23, 2024. Ideal Technoplast Industries is priced at Rs 121 per share and QVC Exports at Rs 86 per share.
Resourceful Automobile IPO will open on August 22, 2024 to August 26, 2024 at Rs 117 per share.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
