After the successful IPO of Bharti Hexacom last week, the primary market is gearing up for more action with upcoming listings and IPOs.
While no mainboard IPOs are scheduled, the SME segment remains active with three new public issues set to hit the market. Here’s a detailed look at the stocks to watch out for:
Upcoming SME IPOs:
- Teerth Gopicon IPO: Opening for subscription on April 8, 2024, and closing on April 10, 2024, Teerth Gopicon IPO is a fixed-price issue of ₹44.40 crore, offering 40 lakh fresh shares at ₹111 per share. Interactive Financial Services Ltd is the book running lead manager, and Bigshare Services Pvt Ltd is the registrar.
- DCG Cables & Wires IPO: Opening for subscription on April 8, 2024, and closing on April 10, 2024, DCG Cables & Wires IPO is a fixed-price issue of ₹49.99 crore, offering 49.99 lakh fresh shares at ₹100 per share. Interactive Financial Services Ltd is the book running lead manager, and Bigshare Services Pvt Ltd is the registrar.
- Greenhitech Ventures IPO: Opening for subscription on April 12, 2024, and closing on April 16, 2024, Greenhitech Ventures IPO is a fixed-price issue of ₹6.30 crore, offering 12.6 lakh fresh shares at ₹50 per share. Beeline Capital Advisors Pvt Ltd is the book running lead manager, and Skyline Financial Services Private Ltd is the registrar.
New Listings Next Week:
- Bharti Hexacom IPO: Expected to be finalized on Monday, April 8, 2024, the IPO will list on BSE and NSE with a tentative listing date set for Friday, April 12, 2024.
- Aluwind Architectural IPO: Finalized on Friday, April 5, 2024, the IPO will list on NSE SME with a tentative listing date scheduled for Tuesday, April 9, 2024.
- Creative Graphics Solutions India IPO: Also finalized on Friday, April 5, 2024, the IPO will list on NSE SME with a tentative listing date set for Tuesday, April 9, 2024.
- Jay Kailash Namkeen IPO: Finalized on Thursday, April 4, 2024, the IPO will be listed on BSE SME on April 8, 2024.
- K2 Infragen IPO: Also finalized on Thursday, April 4, 2024, the IPO will be listed on NSE SME on April 8, 2024.
- Yash Optics & Lens IPO: Finalized on Thursday, April 4, 2024, the IPO will be listed on NSE SME on April 8, 2024.
With an array of new listings and IPOs, investors can expect significant activity in the primary market in the coming days.