The upcoming week promises to be action-packed for the Indian primary markets, with six initial public offerings (IPOs) and eight listings lined up. This wave of activity is generating considerable excitement among investors, as new opportunities arise to participate in the stock market. Let’s dive into the key IPOs and listings that are set to make waves next week.
Key IPO Listings: Interarch Building Products and Orient Technologies
Two major IPOs from this week are slated to list on the bourses next week, attracting significant attention from the investor community.
- Interarch Building Products IPO Listing:
Interarch Building Products, which saw a remarkable oversubscription of 93.79 times, is scheduled to debut on the stock exchanges (BSE and NSE) on Monday, August 26, 2024. The shares are commanding a grey market premium (GMP) of approximately Rs 355, suggesting a potential listing price of around Rs 1,255 per share, translating to a 40% gain for investors. - Orient Technologies IPO Listing:
Orient Technologies, another highly anticipated IPO, concludes its subscription period today. The stock is likely to list on Wednesday, August 28, 2024, with a GMP of Rs 70 or 34%. Investors are keenly awaiting the listing, which is expected to deliver solid returns.
Mainboard IPOs to Watch: Premier Energies and ECOS (India) Mobility & Hospitality
Two significant IPOs are opening for subscription next week, offering investors new avenues to explore.
- Premier Energies IPO:
Opening on Tuesday, August 27, 2024, Premier Energies’ IPO is priced between Rs 427-450 per share. The public issue comprises a fresh issue of shares worth Rs 1,291.40 crore and an offer for sale of Rs 1,539 crore. The IPO closes on Thursday, August 29, 2024, with the company’s shares likely to list on September 3, 2024. - ECOS (India) Mobility & Hospitality IPO:
This IPO opens on Wednesday, August 28, 2024, and will be available for three days. With a price band of Rs 318-334 per share, the company aims to raise Rs 601.20 crore. The shares are expected to list on September 4, 2024, offering a promising opportunity for investors.
SME IPOs: A Flurry of Activity
The SME segment will also see significant action next week, with multiple listings and new issues.
- Upcoming SME Listings:
IPO shares of companies like Ideal Technoplast Industries, QVC Exports, and Brace Port Logistic are set to list next week. - New SME IPOs:
Meanwhile, Aeron Composite, Paramatrix Technologies, and Jay Bee Laminations are among the SMEs opening their IPOs for subscription.
Conclusion
The primary markets are buzzing with activity as several new IPOs and listings are set to ignite investor interest next week. With companies across various sectors making their market debuts, investors have a plethora of opportunities to consider. Whether it’s the high-profile listings of Interarch Building Products and Orient Technologies or the fresh offerings from Premier Energies and ECOS (India) Mobility & Hospitality, next week promises to be pivotal for market participants.
