Upcoming IPOs: Ten new public issues, eleven new listings to hit primary market; check full list here

Other than caller nationalist offerings, the marketplace volition besides witnesser 11 caller listings adjacent week.

Last week, the nationalist offerings of DEE Development Engineers and Akme Fintrade received a robust effect from investors, with wide subscriptions reaching 99 times and 55 times, respectively.

“With a beardown home economy, a thriving banal market, and expanding engagement from retail investors, the state is poised for a monolithic surge successful IPO market. We are connected the brink of sustained, semipermanent momentum successful the IPO market, with this twelvemonth perchance becoming the champion ever for IPOs. So far, India's coagulated macroeconomic situation and promising maturation prospects make an perfect backdrop for this vibrant IPO market. Additionally, determination is robust information from some home organization investors and retail investors," said Mahavir Lunawat, Managing Director, Pantomath Capital Advisors Pvt. Ltd.

Here are the IPOs which volition stay unfastened for subscription adjacent week -

Allied Blenders and Distillers IPO

Allied Blenders IPO volition unfastened for subscription connected June 25 and adjacent connected June 27. The IPO is simply a book-built contented totaling ₹1,500 crore. It comprises a caller contented of 3.56 crore shares amounting to ₹1,000 crores and an connection for merchantability of 1.78 crore shares amounting to ₹500 crore.

The terms set for the Allied Blenders IPO is acceptable astatine ₹267 to ₹281 per share. ICICI Securities Limited, Nuvama Wealth Management Limited, and Iti Capital Ltd are the book-running pb managers for the IPO, with Link Intime India Private Ltd serving arsenic the registrar for the issue.

Vraj Iron and Steel IPO

Vraj Iron and Steel IPO volition unfastened for subscription connected June 26 and adjacent connected June 28. The IPO is simply a book-built contented amounting to ₹171 crore. The offering consists wholly of a caller contented of 0.83 crore shares.

The IPO terms set has been acceptable astatine ₹195 to ₹207 per share. Aryaman Financial Services Limited is the book-running pb manager for the IPO, and Bigshare Services Pvt Ltd is the registrar for the issue.

Stanley Lifestyles IPO

Stanley Lifestyles IPO bidding opened for subscription connected June 21 and volition adjacent connected June 25. Stanley Lifestyles' IPO is simply a book-built contented totaling ₹537 crore. The offering consists of a caller contented of 0.54 crore shares, amounting to ₹200 crores, and an connection for merchantability of 0.91 crore shares, amounting to ₹337 crore.

The Stanley Lifestyles IPO terms set is acceptable betwixt ₹351 and ₹369 per share. The publication moving pb managers for the IPO are Axis Capital Limited, ICICI Securities Limited, JM Financial Limited, and SBI Capital Markets Limited, portion Kfin Technologies Limited volition service arsenic the registrar for the issue.

Shivalic Power Control IPO

Shivalic Power Control IPO to unfastened for subscription connected June 24 and adjacent connected June 26. The IPO is simply a book-built contented amounting to ₹64.32 crore and consists wholly of a caller contented of 64.32 lakh shares.

The IPO has acceptable its terms set astatine ₹95 to ₹100 per share. Corporate Capital ventures Pvt Ltd is the publication moving pb manager for the IPO, with Skyline Financial Services Private Ltd serving arsenic the registrar. Ss Corporate Securities is the marketplace shaper for the Shivalic Power Control IPO.

Sylvan Plyboard IPO

Sylvan Plyboard IPO volition unfastened for subscription connected June 24 and adjacent connected June 26. The SME IPO is simply a fixed terms contented totaling ₹28.05 crore, consisting wholly of a caller contented of 51 lakh shares.

The IPO terms of Sylvan Plyboard is acceptable astatine ₹55 per share. Finshore Management Services Limited acts arsenic the publication moving pb manager for the IPO, with Bigshare Services Pvt Ltd appointed arsenic the registrar. Black Fox Financial serves arsenic the marketplace shaper for the Sylvan Plyboard IPO.

Mason Infratech IPO

Mason Infratech IPO opens for subscription connected June 24 and closes connected June 26. The SME IPO is simply a book-built contented totaling ₹30.46 crore, comprising wholly of 4.76 cardinal caller shares.

The terms set for the Mason Infratech IPO is fixed astatine ₹62 to ₹64 per share. Expert Global Consultants Private Limited is serving arsenic the publication moving pb manager for the IPO, with Kfin Technologies Limited appointed arsenic the registrar. Globalworth Securities has been designated arsenic the marketplace shaper for the Mason Infratech IPO.

Visaman Global Sales IPO

Visaman Global Sales IPO to unfastened for subscription connected June 24 and adjacent connected June 26. The SME IPO is simply a fixed-price offering totaling ₹16.05 crore. This consists wholly of a caller contented of 37.32 lakh shares.

The IPO terms set has been acceptable astatine ₹43 per share. Shreni Shares Limited is the publication moving pb manager for the Visaman Global Sales IPO, with Link Intime India Private Ltd serving arsenic the registrar for the issue. Shreni Shares besides acts arsenic the marketplace shaper for the Visaman Global Sales IPO.

Akiko Global Services IPO

The Money Fair IPO volition unfastened for subscription connected June 25 and adjacent connected June 27. The SME IPO is simply a book-built offering amounting to ₹23.11 crore, consisting solely of a caller contented of 30.02 lakh shares.

The SME IPO terms set is ₹73 to ₹77 per share. Fast Track Finsec Pvt Ltd is the publication moving pb manager for The Money Fair IPO, with Skyline Financial Services Private Ltd serving arsenic the registrar. Nikunj Stock Brokers has been appointed arsenic the marketplace shaper for the IPO.

Divine Power Energy IPO

Divine Power IPO volition unfastened for subscription connected June 25 and adjacent connected June 27. The SME IPO is simply a book-built contented totaling ₹22.76 crore, comprising wholly of 56.9 lakh caller shares.

The SME IPO terms set has been acceptable astatine ₹36 to ₹40 per share. Khambatta Securities Limited serves arsenic the publication moving pb manager for the Divine Power IPO, with Bigshare Services Pvt Ltd acting arsenic the registrar for the issue. Nikunj Stock Brokers has been appointed arsenic the marketplace shaper for the Divine Power IPO.

Petro Carbon and Chemicals IPO

Petro Carbon and Chemicals IPO to unfastened for subscription connected June 25 and adjacent connected June 27. The SME IPO is simply a book-built contented worthy ₹113.16 crore, comprising wholly of an connection for merchantability of 66.18 lakh shares.

The IPO terms set is acceptable astatine ₹162 to ₹171 per share. GYR Capital Advisors Private Limited is serving arsenic the publication moving pb manager for the Petro Carbon and Chemicals IPO, with Bigshare Services Pvt Ltd appointed arsenic the registrar for the issue. Giriraj Stock Broking has been designated arsenic the marketplace shaper for the Petro Carbon and Chemicals IPO.

Diensten Tech IPO

Diensten Tech IPO volition unfastened for subscription connected June 26 and adjacent connected June 28. The SME IPO is simply a book-built contented amounting to ₹22.08 crores, consisting wholly of a caller contented of 22.08 lakh shares.

The IPO terms set has been acceptable astatine ₹95 to ₹100 per share. Corporate Professionals Capital Private Ltd is serving arsenic the publication moving pb manager for the Diensten Tech IPO, with Kfin Technologies Limited appointed arsenic the registrar for the issue. Share India Securities has been designated arsenic the marketplace shaper for the Diensten Tech IPO.

New Listings -

DEE Development Engineers IPO: The allotment for the DEE Piping Systems IPO is expected to beryllium finalized connected Monday, June 24, 2024. The IPO volition database connected BSE, NSE with tentative listing day fixed arsenic Wednesday, June 26, 2024.

Akme Fintrade India IPO: The allotment for the Aasaan Loans IPO is expected to beryllium finalized connected Monday, June 24, 2024. The IPO volition database connected BSE, NSE with tentative listing day fixed arsenic Wednesday, June 26, 2024.

Stanley Lifestyles IPO: The allotment for the Stanley Lifestyles IPO is expected to beryllium finalized connected Wednesday, June 26, 2024. The IPO volition database connected BSE, NSE with tentative listing day fixed arsenic Friday, June 28, 2024.

United Cotfab IPO: The allotment for United Cotfab IPO was finalized connected Thursday, June 20, 2024. The IPO volition beryllium listed connected BSE SME connected June 24, 2024.

GP Eco Solutions India IPO: The allotment for GPES Solar IPO was finalized connected Thursday, June 20. The IPO volition beryllium listed connected NSE SME connected June 24.

Falcon Technoprojects India IPO: The allotment for the Falcon Technoprojects India IPO is expected to beryllium finalized connected Monday, June 24, 2024. The IPO volition database connected NSE SME with tentative listing day fixed arsenic Wednesday, June 26, 2024.

Durlax Top Surface IPO: The allotment for the Durlax Top Surface IPO is expected to beryllium finalized connected Monday, June 24. The IPO volition database connected NSE SME with tentative listing day fixed arsenic Wednesday, June 26.

GEM Enviro Management IPO: The allotment for the GEM Enviro IPO is expected to beryllium finalized connected Monday, June 24. The IPO volition database connected BSE SME with tentative listing day fixed arsenic Wednesday, June 26.

Winny Immigration and Education Services IPO: The allotment for the Winny Immigration IPO is expected to beryllium finalized connected Tuesday, June 25. The IPO volition database connected NSE SME with tentative listing day fixed arsenic Thursday, June 27.

Dindigul Farm Product IPO: The allotment for the EnNutrica IPO is expected to beryllium finalized connected Tuesday, June 25. The IPO volition database connected BSE SME with tentative listing day fixed arsenic Thursday, June 27.

Medicamen Organics IPO: The allotment for the Medicamen Organics IPO is expected to beryllium finalized connected Wednesday, June 26. Medicamen Organics IPO volition database connected NSE SME with tentative listing day fixed arsenic Friday, June 28.

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Published: 23 Jun 2024, 09:59 AM IST