Next week is poised to be a bustling one for the Indian stock market, with a total of seven new initial public offerings (IPOs) scheduled to debut on Dalal Street. Among these offerings, two will be launched on the mainboard, while the remaining five will be in the SME segment. Additionally, investors can expect the market debut of eight new stocks, further adding to the excitement and activity in the trading arena.
Next week’s IPO lineup on the Indian stock market will feature two mainboard offerings: Popular Vehicles and Krystal Integrated. Meanwhile, investors can anticipate the launch of five SME segment IPOs: Pratham EPC, Signoria Creations, Royal Sense, AVP Infracon, and KP Green Engineering. This diverse mix of offerings is poised to bring a range of investment opportunities to the market.
Mainboard IPO Alert: Popular Vehicles and Services to Launch Offering.
Popular Vehicles and Services is gearing up to launch its initial public offering (IPO) on Tuesday. The subscription for the IPO will open on March 12 and close on March 14. The price band for the offering has been set at ₹280-295 per share. The company aims to raise ₹605 crore through this IPO, with ₹250 crore allocated for fresh issue and the remainder for offer for sale. Investors will have the opportunity to participate in this eagerly anticipated IPO next week.
Upcoming Mainboard IPO: Krystal Integrated
Krystal Integrated, the second mainboard IPO scheduled for next week, is slated to launch on March 14, with the subscription period ending on March 18. The IPO comprises a fresh issue of ₹175 crore and an offer for sale of up to 1,750,000 shares with a face value of ₹10 each. Investors keen on participating in this IPO will have the opportunity to do so during the specified subscription period.
Exciting Week Ahead for SME Segment IPOs: Pratham EPC, Signoria Creation, Royal Sense, KP Green Engineering, and AVP Infracon Set to Debut.
Investors can anticipate a flurry of activity in the SME segment next week, with five IPOs scheduled for launch. Pratham EPC will kick off the subscription process on March 11, closing on March 13, with a fixed price band of ₹71-75 per share. On the other hand, AVP Infracon’s public issue will open for subscription on March 13, with the subscription window closing on March 15. Collectively, these IPOs aim to raise nearly ₹300 crore, offering investors diverse opportunities in the burgeoning SME sector.
Royal Sense and Signoria Creation are gearing up to launch their IPOs on March 12, with the subscription period closing on March 14. Signoria’s price band is set at ₹61-65 per share, while Royal Sense’s IPO is priced at ₹68 per share.
Notably, KP Green Engineering is poised to debut with the biggest-ever SME IPO in the stock market this week. The subscription for KP Green Engineering’s IPO will open on March 15 and close on March 19, with a price band of ₹137 to ₹144 per share. The company aims to raise nearly ₹190 crore through this offering, offering investors an opportunity to be part of this significant event in the SME segment.