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IPO Rush Continues: 18 Public Issues Worth Over Rs 4,000 Crore Set to Open This Week

18 public issues worth over Rs 4,000 crore to open next week

Introduction:

The world of finance is buzzing with excitement as the IPO (Initial Public Offering) frenzy continues on Dalal Street. In the upcoming week, starting September 25, investors can expect a deluge of opportunities as 18 companies, including some prominent players, are gearing up to launch their IPOs. Let's dive into the details of these offerings, both in the mainboard and SME segments, to help you stay informed and make smart investment decisions.

Mainboard Segment:

  1. JSW Infrastructure: Leading the pack is JSW Infrastructure, marking the JSW Group's return to IPOs after a decade. Their IPO, set to open on September 25, aims to raise a substantial Rs 2,800 crore with a price band of Rs 113-119 per share. The closing date for this offering is September 27.

  2. Updater Services: Another noteworthy IPO in the mainboard segment is Updater Services, with a Rs 640-crore public issue scheduled during the same period. The price band for this offering ranges from Rs 280-300 per share.

  3. Valiant Laboratories: On September 27, pharmaceutical company Valiant Laboratories will commence its IPO with a price band of Rs 133-140 per share, targeting a raise of Rs 152.46 crore.

  4. Plaza Wires: Delhi-based Plaza Wires is set to open its IPO from September 29 to October 4. The price band for this offering is Rs 51-54 per share, aiming to raise Rs 71.28 crore.

  5. Vaibhav Jewellers: Known as Vaibhav Jewellers, this company is currently running its maiden IPO, which closes on September 26. With a price band of Rs 204-215 per share, it has garnered a 13 percent subscription so far.

SME Segment:

The SME segment is also heating up with 12 IPOs worth Rs 431 crore slated for launch next week. Among these, five will open on September 25 and close on September 27. Here's a sneak peek:

  1. Arabian Petroleum: Targeting a raise of Rs 20.24 crore, Arabian Petroleum offers shares at a price of Rs 70 per share.

  2. Newjaisa Technologies: With a price band of Rs 44-47 per share, Newjaisa Technologies is looking to mop up Rs 39.93 crore.

  3. Inspire Films: Inspire Films has set its price band at Rs 56-59 per share, aiming for Rs 21.23 crore.

  4. Saakshi Medtech and Panels: This company is offering shares at a price range of Rs 92-97 per share, with a target raise of Rs 45.16 crore.

  5. Digikore Studios: Digikore Studios' IPO comes with a price band of Rs 168-171 per share, targeting a raise of Rs 30.48 crore.

Closing Thoughts:

The IPO market is witnessing an extraordinary rush, providing investors with diverse options to explore. It's crucial to conduct thorough research and consult experts before making investment decisions. Keep an eye on the opening and closing dates, price bands, and subscription levels for each IPO. As you navigate this exciting IPO season, remember that investing carries risks, so make informed choices to secure your financial future.

[Disclaimer: The views expressed in this article are for informational purposes only and do not constitute investment advice. Always consult with financial experts before making investment decisions.]

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