Upcoming IPOs: 6 new public issues and 12 new listings to keep the primary market busy next week; See full list here


Last week, Dalal Street saw a rise in IPOs from three mainboard segments Rs 6,000 crore amid the ongoing general elections in the country.

Also Read: Indigene IPO: What does GMP indicate ahead of share listing on Monday?

“What is notable is the strong domestic inflows, especially by retail investors showing keen interest in equity markets. This surge in retail participation is empowering issuers to launch IPOs with confidence in May, said Mahaveer Lunawat, managing director, Pantomath Capital Advisors Pvt Ltd.

In the coming week, six new public issues, one mainboard and five small and medium enterprise (SME) issues will open in the market. Apart from this, about 12 new IPOs will also hit the market in the coming week.

Here is the list of IPOs that will open in the coming week –

Go Digit IPO

Go Digit IPO will open for subscription on 15 May 2024 and close on 17 May 2024. The IPO of the Virat Kohli and Anushka Sharma-backed company is a book built issue. 2,614.65 crore and the combination of fresh issue of shares totaling 4.14 crore 1,125.00 crore and an offer for sale of 5.48 crore shares in total 1,489.65 crores.

Also Read: Go Digit IPO: At 7 Crore, Virat Kohli, Anushka Sharma issue will give multibagger return of 263% on launch

The price band of IPO has been decided from 258 272 per share. ICICI Securities Ltd., Morgan Stanley India Company Pvt. Ltd., Axis Capital Ltd., HDFC Bank Ltd., IIFL Securities Ltd. and Nuvama Wealth Management Ltd. are the book running lead managers for the Go Digit IPO, with Link Intime India Pvt. Ltd. appointed as the registrar. Has gone. For the issue.

Veritas Advertising IPO

Veritas Advertising IPO opens for subscription on May 13, 2024 and closes on May 15, 2024. SME IPO is a book built issue. 8.48 crore and this is a fresh issue of altogether 7.44 lakh shares.

Price band of SME IPO fixed from 109 114 per share. Horizon Management Pvt Ltd acts as the book running lead manager for the Veritas Advertising IPO, with Mass Services Ltd appointed as the registrar to the issue. Horizon Financial Consultants has been named as market maker for the Veritas Advertising IPO.

Mandeep Auto Industries IPO

Mandeep Auto Industries IPO opens for subscription on May 13, 2024 and closes on May 15, 2024. SME IPO is a fixed price issue 25.25 crore and this is a fresh issue of altogether 37.68 lakh shares.

Also Read: Mandeep Auto Industries IPO to open next week: From price bands to key dates – everything you need to know

The price band of IPO has been decided 67 per share. Jawa Capital Services Pvt Ltd acts as the book running lead manager for Mandeep Auto Industries IPO, Cameo Corporate Services Ltd has been appointed as the registrar to the issue. Aftertrade Broking acts as market maker for Mandeep Auto Industries IPO.

Indian Emulsifier IPO

Indian Emulsifier IPO opens for subscription on May 13, 2024 and closes on May 16, 2024. This is a book made issue 42.39 crores. This issue is a fresh issue of entirely 32.11 lakh shares.

price band is set from 125 132 per share. Ekadrishta Capital Pvt Ltd acts as the book running lead manager for the Indian Emulsifiers IPO, with Mashitala Securities Pvt Ltd appointed as the registrar to the issue. SS Corporate Securities has been designated as market maker for the Indian Emulsifiers IPO.

Quest Laboratories IPO

Quest Laboratories IPO opens for subscription on May 15, 2024 and closes on May 17, 2024. SME IPO is a book built issue 43.16 crore and this is a fresh issue of altogether 44.5 lakh shares.

SME IPO price band has been fixed from 93 97 per share. Shreni Shares Ltd acts as the book running lead manager for the Quest Laboratories IPO, while BigShares Services Pvt Ltd acts as the registrar to the issue. Handling market-making duties for the Quest Laboratories IPO is Rikhav Securities.

Rulka Electricals IPO

The IPO of Rulka Electricals will open for subscription on May 16, 2024 and close on May 21, 2024. This is a book-built issue. 26.40 crores. The issue is a combination of fresh issue of aggregate 8.42 lakh shares 19.80 crore and offer for sale of 2.81 lakh shares in total 6.60 crores.

price band has been set from 223 235 per share. Beeline Capital Advisors Pvt Ltd acts as the book running lead manager for the Rulka Electricals IPO, while BigShare Services Pvt Ltd acts as the registrar to the issue. Sunflower Broking has been appointed market maker for Rulka Electricals IPO.

Also Read: Aadhar Housing Finance IPO allotment to take place on May 13. Steps to check latest GMP, application status

new lists

Indigene IPO: The allotment for Indigene IPO was finalized on Thursday, May 9, 2024. The IPO will be listed on BSE, NSE on May 13, 2024.

Aadhaar Housing Finance IPO: The allotment of Aadhar Housing Finance IPO is expected to be finalized on Monday, May 13, 2024. The IPO will be listed on BSE, NSE and the provisional listing date will be fixed as Wednesday, May 15, 2024.

TBO Tech IPO: The allotment for the TBO Tech IPO is expected to be finalized on Monday, May 13, 2024. The IPO will be listed on BSE, NSE and the provisional listing date will be fixed as Wednesday, May 15, 2024.

Refractory Shapes IPO: The allotment for Refractory Shapes IPO was finalized on Friday, May 10, 2024. The IPO will be listed on NSE SME, with a tentative listing date of Tuesday, May 14, 2024.

Vinsol Engineers IPO: The allotment of Winsall Engineers IPO was finalized on Friday, May 10, 2024. The IPO will be listed on NSE SME, with a tentative listing date of Tuesday, May 14, 2024.

Finalizing Technologies IPO: The allotment for the Finalists Technologies IPO was finalized on Friday, May 10, 2024. The IPO will be listed on BSE SME, with a tentative listing date of Tuesday, May 14, 2024.

Silkflex Polymer IPO: The allotment for SilkFlex Polymer IPO is expected to be finalized on Monday, May 13, 2024. The IPO will be listed on NSE SME and the tentative listing date will be Wednesday, May 15, 2024.

TGIF Agribusiness IPO: The allotment for TGIF Agribusiness IPO is expected to be finalized on Monday, May 13, 2024. The IPO will be listed on BSE SME and the tentative listing date will be set for Wednesday, May 15, 2024.

Energy Mission Machinery IPO: The allotment for the Energy Mission Machinery IPO is expected to be finalized on Tuesday, May 14, 2024. The IPO will be listed on NSE SME, with a tentative listing date of Thursday, May 16, 2024.

Piotex Industries IPO: The allotment for Piotex Industries IPO is expected to be finalized on Wednesday, May 15, 2024. The IPO will be listed on BSE SME and the tentative listing date will be Friday, May 17, 2024.

Aztec Fluids & Machinery IPO: The allotment for Aztec Fluids & Machinery IPO is expected to be finalized on Wednesday, May 15, 2024. The IPO will be listed on BSE SME and the tentative listing date will be Friday, May 17, 2024.

Premier Roadlines IPO: The allotment for the Premier Roadlines IPO is expected to be finalized on Wednesday, May 15, 2024. The IPO will be listed on NSE SME and the tentative listing date will be Friday, May 17, 2024.

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Published: May 12, 2024, 09:53 am IST

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