The primary market will see six new public offers open for subscription in the SME segment, while there is no new IPO in the mainboard segment.
Apart from the new public offerings, the Street will also see 4 listings including that of Enviro Infra Engineers and NTPC Green, whose issues opened in the week gone by.
Read More: SEBI nod for Roshni Nadar to acquire majority shareholding in HCLTech group firms
Here’s what to look forward to on the IPO front next week
Rajesh Power Services IPO
The Rs 167 crore IPO of Rajesh Power Services will open for subscription on November 25 and will be available for bidding till November 27. The company has fixed a price band of Rs 319-335 per share.
Rajesh Power Services provides consultancy to state transmission and distribution companies and private utilities and industries. The company invested in HKRP Innovations, which offers customized IT solutions for the energy sector.
Isk Advisors is the book running lead manager for the IPO, while Bigshare Services is the registrar.
Read More: Enviro Infra Engineers IPO Day 1: Issue subscribed 2.08 times; check latest GMP, other key details
Rajputana Biodiesel IPO
Rajputana Biodiesel IPO kicks off from November 26 and will close on November 28. The issue is entirely a fresh equity sale of 19 lakh shares.
The IPO is priced in the range of Rs 123-130 per share, where investors can bid for 1000 shares in one lot.
Rajputana Biodiesel supplies biofuels and their by-products, namely glycerine and fatty acids. Its product portfolio comprises bio-diesel, crude glycerin, caustic potash flakes, waste sludge, used cooking oil, esterified fatty acid, methanol, citric acid, refined rice oil, crude sunflower oil, for other manufacturers, and fats.
Abha Power and Steel and Apex Ecotech IPOs
Both the IPOs of Abha Power and Steel and Apex Ecotech will open for subscription on November 27 and close on November 29. While Abha fixed a price band of Rs 75 apiece, Apex Ecotech was priced at Rs 73 at the upper end.
Abha Power is engaged in the business of casting and manufacturing iron and steel products. The company makes a wide variety of products, including mild steel, manganese steel, stainless steel, and low and high-alloy castings.
Meanwhile, Apex provides comprehensive water and wastewater treatment, recycling, and reuse solutions for a variety of applications.
Agarwal Toughened Glass and Ganesh Infraworld
The IPO of Agarwal Toughened Glass will be launched on November 28 and that of Ganesh Infraworld opens on November 3. Agarwal priced the IPO at Rs 108 at the upper end of the price band, while Ganesh is offering its shares at Rs 83.
