Last week saw a lot of activity in the domestic stock market with regard to many IPOs. During this period, some major companies including Akmes Drugs and Pharmaceuticals, Seagull India and Ola Electric Mobility were listed on the stock market. Apart from this, nine SME issues including Picture Post Studios, Afcom Holdings, DhariwalCorp, Utsav CZ Gold Jewels, Kizie Apparels, Ashapura Logistics, Rajputana Industries, Bulkcorp and Sathlokhar Synergis E&C Global have been listed on the SME platforms.
Speaking of the current year, 45 motherboard IPOs have been listed on the stock market, of which 33 have been listed with profits. In the year 2024, about 150 SME issues were listed, of which 115 were listed with profits. More than 130 closed with profits on their listing date. Many IPOs will take place next week. In addition, some companies are also going to be listed on the stock exchange. Let us also tell you which companies are going to enter the IPO market.
IPO listing next week
Shares of Unicommerce eSolutions and Brainbees Solutions (FirstCry) are scheduled to debut on BSE and NSE on Tuesday, August 13, 2024. Both the public issues are trading at a premium in the grey market. The listing of both the companies is expected to be quite good. Meanwhile, SME IPOs Aesthetic Engineers, Picture Post Studios and FCom Holdings are likely to be listed.
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The IPO of this great company is approaching.
The initial public offering of women’s wear manufacturing company Saraswati Saree Depot will open on August 12 and close on August 14. The price band of the IPO is Rs 152 to Rs 160. In one lot of this issue, 90 shares have been placed. This means that investors will have to invest a maximum of Rs 14,400. The company plans to raise Rs 160.01 crore through this IPO. 6,499,800 new shares have been placed in this IPO. On the other hand, 3,501,000 shares with a face value of Rs 10 are under OFS. The shares of the company are likely to be allotted on Friday, August 16, 2024, while they will be visible in the demat account on Monday, August 19, 2024. Shares of Saraswati Saree Depot will be listed on BSE and NSE on Tuesday, August 20, 2024.
The IPOs of these companies will also come
On the other hand, next week will also see IPOs in the small and medium-sized segment. According to the data, the IPOs of Brace Port Logistics, Solve Plastic Products, Broach Lifecare Hospital, Sunlight Recycling Industries, Positron Energy and Aesthetic Engineers will open next week. Thus, a total of 6 SMIs and 1 motherboard will be listed on the IPO market. This means that there will also be a lot of action on the stock market next week.
