After a sluggish week due to the Lok Sabha elections, the primary market is ready to be active once again. So be prepared by keeping money in your bank. 9 new IPOs are going to come this week. On the other hand, a company is going to debut in the stock market during this time. Its name is ixigo. According to a report, about 24 companies are in the queue to enter the primary market in the next few months. The aim of these companies is to raise about Rs 30,000 crore through IPO. Let’s take a look at the list of IPOs coming this week.
Here is the list of IPOs that are open for subscription this week.
DEE Piping Systems IPO
There will be tremendous activity in the primary market this week. During the week, the IPO of DEE Piping Systems will open for subscription on June 19 and close on June 21. Through this issue, the company wants to raise Rs 418.01 crore. Which includes a fresh issue of 1.6 crore shares worth Rs 325 crore and 0.46 crore offer for sale shares worth Rs 93.01 crore. The price band of this IPO has been fixed between Rs 193—203 per share. SBI Capital Markets Limited and Equirus Capital Private Limited are acting as book-running lead managers for the IPO, while Link Intime India Private Ltd is acting as the registrar for it.
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Akme Fintrade India (Aasaan Loans IPO)
This IPO will open for subscription on June 19 and close on June 21. The book-built issue of Aasaan Loans IPO is Rs 132 crore. That is, Akme Fintrade India Company wants to raise Rs 132 crore through this IPO. This issue is a fresh issue of 1.1 crore shares. The price band of this IPO has been fixed between Rs 114-120 per share.
Stanley Lifestyles IPO
This IPO will open for subscription on June 21 and will remain open till June 25. The book-built issue of Stanley Lifestyles IPO is Rs 537.02 crore. This includes 0.54 crore fresh shares worth Rs 200 crore and 0.91 crore offer for sale shares worth Rs 337.02 crore. The price band of this IPO has been fixed at Rs 351-369 per share.
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Similarly, IPOs of 6 more companies are going to come this week. These include the names of GEM Enviro, Durlax Top Surface, Falcon Technoprojects India, EnNutrica, Winny Immigration and Medicamen Organics. Let us know about these as well.
GEM Enviro IPO
GEM Enviro’s IPO will be open for subscription from June 19, 2024 to June 21, 2024. The company wants to raise Rs 44.93 crore through this issue. This includes 14.98 lakh fresh issue shares worth Rs 11.23 crore and 44.93 lakh OFS shares worth Rs 33.70 crore. The price band of the IPO has been fixed at Rs 71 to Rs 75 per share.
Durlax Top Surface IPO
This IPO will open for subscription on June 19, 2024 and close on June 21, 2024. The company wants to raise Rs 40.80 crore through this IPO. This includes 42 lakh fresh issue shares worth Rs 28.56 crore and 18 lakh OFS shares worth Rs 12.24 crore. The price band of the IPO has been fixed at Rs 65 to Rs 68 per share.
Falcon Technoprojects India IPO
This IPO will be open for subscription from June 19, 2024 to June 21, 2024. It consists of a fixed price issue of Rs 13.69 crore, which includes 14.88 lakh new shares in the entire issue. The price of the IPO has been fixed at Rs 92 per share.
EnNutrica IPO
This IPO will be open for subscription from June 20, 2024 to June 24, 2024. The book-built issue of the IPO is Rs 34.83 crore, which includes 64.5 lakh fresh issue shares. The price band of the IPO has been fixed at Rs 51 to Rs 54 per share.
Winny Immigration IPO
This IPO will be open for subscription from June 20 to June 24. The size of this IPO is Rs 9.13 crore. Which includes only 6.52 lakh fresh issue shares. The price of the IPO has been fixed at Rs 140 per share.
Medicamen Organics IPO
This IPO will be open for subscription between June 21 and June 25. The size of this IPO is Rs 10.54 crore. Which includes a total of 31 lakh fresh issue shares. The price band of the IPO has been fixed at Rs 32 to Rs 34 per share. Apart from this, a company is going to debut in the stock market this week. Details about which can be seen here
ixigo IPO: Listing will be done on June 18
Last week, ixigo IPO received a tremendous response from investors. ixigo company’s IPO was open for subscription on June 10 and closed on June 12. Its shares were allotted on June 13. This IPO will be listed on BSE and NSE on June 18, 2024. The book built issue of ixigo IPO is Rs 740.10 crore.
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