Upcoming IPO January: Many new investment opportunities are going to emerge for investors in the Indian stock market in the trading week starting from January 27. This week, 5 new companies related to SME segment are coming with their public issues. In which investors can place their bets.
The market is going to remain closed on Monday due to Republic Day on 26 January. There will be normal trading in the stock market from Tuesday. Let us know about these Initial Public Offerings (IPOs)…..
Kanishk Aluminum India IPO
The IPO of Kanishk Aluminum India is emerging as a new investment option for investors. The company is going to try to raise a total of Rs 29.20 crore through this public issue. This IPO will open on January 28 and investors will be able to place bets till January 30.
The company has fixed the share price under IPO at Rs 73. Whereas 1600 shares have been kept in one lot. That means for investment you will have to buy so many shares at once. The listing of the company shares is expected on February 4 on the BSE SME platform. After which investors will be able to buy and sell it in the market.
Msafe Equipments IPO
This public issue will open for investors on January 28 and applications can be made till January 30. Through this IPO, the company is planning to raise a total of Rs 66.42 crore from the market. The price band of shares has been fixed by the company at Rs 116 to Rs 123 per share.
1000 shares are kept in one lot. The listing of the company shares is expected on February 4 on the BACE SME platform.
Kasturi Metal Composite IPO
The company is going to try to raise a total of Rs 17.61 crore through this IPO. The price band of shares has been fixed at Rs 61 to Rs 64 per share. The company’s IPO is going to open for investors from January 27. Investors can place their bets on it till January 29.
2000 shares have been kept in one lot, that is, investment will be made according to this lot size. The company’s shares are likely to be listed on the SME platform on BSE on February 3.
Accretion Nutraveda IPO
This IPO is worth a total of Rs 24.77 crore, which will open for investment from January 28. The company has fixed the price band of shares at Rs 122 to Rs 129 per share. 1000 shares are kept in one lot. Investors can place their bets on the company IPO till January 30. The shares are expected to be listed on the BSE SME platform on February 4.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
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