By Admin 
Upcoming ipos next week: Starting on Monday, the stock market is going to be a stir and exciting for investors. Next week, 2 IPOs are going to open for subscription in the mainboard segment. While three new offers will also come from the SME segment. Also, IPOs of eleven companies are ready to list the stock market. Let’s take a look at this list:-
Mainboard segment IPO
Next week, two mainboards will open for IPO subscription – Euro symbol sales and VMS TMT.
Euro Pratik Sales iPo
The IPO of Euro Prateek Sales, a company that makes decorative wall panels, is opening on September 16. For this, investors will be able to bet by 18 September. This issue of Rs 451.31 crore is a complete offer for sale (offs), under which promoters will sell their stake. The price band of the issue is Rs 235-247 per share. The lot size for IPO is of 60 shares. That is, investors will have to bid in a lot of at least 60 shares, for which you will have to invest Rs 14,820. The share allotment is expected to be done on September 19 and will be credited to the demat account by 22 September. The listing will be on both BSE and NSE on 23 September.
VMS TMT IPO
The IPO of steel bar VMS TMT in Gujarat is opening on September 17 and the issue will be closed on September 19. The company is planning to raise Rs 148.50 crore through a fresh issue of 1.5 crore equity shares. The allotment of shares is expected on 22 September. Listing of shares on both exchanges will be done on 24 September. The price band for IPO has been fixed at Rs 94-99 per share. The amount received from the IPO will be used to pay corporate purposes and earlier loans.
IPO of SME Segment
Techdefence labs iPo
Cyber Security firm Tekdifense Labs will launch its IPO on 15 September. Investors have a chance to bet till 17 September. This is a completely fresh issue of Rs 38.99 crore, whose price band is Rs 183-193 per share. The company shares will be listed on NSE SME on 22 September.
Sampat aluminum iPo
The IPO of Sampat Aluminum will be open from 17 September to 19 September. The company wants to raise Rs 30.53 crore through a fresh issue. The price band for IPO has been fixed between 114 and 120 rupees. Its listing is expected to be on BSE SME on 24 September.
JD Cables iPo
JD cables are ready to take entry in the market with an issue of Rs 95.99 crore. This includes both new equity and offer for cell. This IPO will be open from 18 September to 22 September. The price band for this is Rs 144-152 per share. Shares are going to be listed on BSE SME on 25 September.
Listing of 11 shares
- 15 September: Vashistha Luxury Fashion
- 16 September: Neelachal Carbo Metallix, Kripalu Metals, Torian MPS, Carbonteel Engineering
- 17 September: Shringar House of Mangalsutra, Urban Company, Dev Accelerator, Jai Ambe Supermarkets, Galaxy Medicare
- September 18: Airflow Rail Technology
Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)
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