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As six IPOs including Arisinfra and Influx Healthtech open for subscription next week, five listings including Oswal Pumps, Sacheerome, and Aten Papers are also scheduled.
IPOs Next Week.
The primary market is set to witness high activity in the coming week starting June 16, with six initial public offerings (IPOs) scheduled to open for subscription and five companies making their stock market debut. Arisinfra Solutions is among the companies to open their IPO next week, while Sacheerome and Monolithisch India are among firms to list on exchanges.
IPOs to Launch Next Week
Arisinfra Solutions (Mainboard)
Arisinfra Solutions, a provider of construction materials for real estate and infrastructure projects, will be the only IPO in the mainboard segment next week. The Rs 499.6-crore issue, entirely a fresh issue, opens on June 20 and closes on June 24. The price band has been fixed at Rs 210-222 per share.
Patil Automation (SME)
Pune-based Patil Automation, which offers welding and line automation solutions, is launching its Rs 69.61-crore SME IPO from June 16 to June 18. The company has set a price band of Rs 114-120 per share.
Samay Project Services (SME)
The EPC services provider Samay Project Services will also open its Rs 14.69-crore IPO on June 16, closing on June 18. The price band is fixed at Rs 32-34 per share.
Eppeltone Engineers (SME)
New Delhi-based Eppeltone Engineers, which manufactures electronic energy meters, will open its Rs 43.96-crore IPO on June 17. The issue will close on June 19 and is being offered at a price band of Rs 125-128 per share.
Influx Healthtech (SME)
Influx Healthtech will open its Rs 58.6-crore IPO on June 18 and close on June 20. The offer includes a fresh issue of Rs 48 crore and an offer-for-sale (OFS) of shares worth Rs 10.56 crore. The price band is Rs 91-96 per share.
Mayasheel Ventures (SME)
Infrastructure firm Mayasheel Ventures will launch its Rs 27.28-crore IPO on June 20. The company is issuing 58.05 lakh shares in the price band of Rs 44-47 per share.
IPOs to List Next Week
Sacheerome
Fragrance and aroma chemicals company Sacheerome will debut on NSE Emerge on June 16. According to market observers, its GMP currently stands at decent 30.4%, indicating a strong listing gain for the investors tomorrow.
Jainik Power and Cables
Jainik Power and Cables is scheduled to list on June 17. Its GMP remains zero, signalling either flat or negative listing of the company.
Monolithisch India
Monolithisch India’s Rs 82-crore IPO will close on June 16, and the stock will be listed on June 19. Its current GMP is at 30.07%, indication strong investment sentiments.
Aten Papers & Foam
The last date for subscription to Aten Papers & Foam’s Rs 31.7-crore IPO is June 17. Its shares will debut on BSE SME on June 20. Its GMP also remains zero, indicating either flat or negative listing of the company.
Oswal Pumps
The Rs 1,387.3-crore IPO of Oswal Pumps, which opened earlier, will remain open until June 17. With a price band of Rs 584-614 per share, the IPO was subscribed 42% on its first day. The company is set to list on June 20. Its GMP currently stands at 6.68%, indicating positive investor sentiments for the investors tomorrow.
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to markets, economy and companies. Having a decade of experience in financial journalism, Haris has been previously asso…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to markets, economy and companies. Having a decade of experience in financial journalism, Haris has been previously asso… Read More
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