By Admin 
Upcoming IPO March 2026: Initial Public Offerings (IPOs) of 3 companies are going to open in the domestic stock market in the week starting from March 2. Two of these companies are from the SME segment, while one company is going to launch its issue under the mainboard segment. Let us know about the price band and other information…
Elfin Agro India IPO
SME segment company Elfin Agro India is launching its public issue on March 5. Investors will be able to apply till March 9. The company is going to try to raise Rs 25.03 crore through IPO. The company has fixed the price band per share at Rs 47. 53 lakh new shares will be issued under the issue. One lot size from the company is 3000 shares. Retail investors will have to apply for at least 2 lots.
That means investors will have to invest at least Rs 2,82,000. The listing of the company will be on BSE SME platform. According to the report of Investors Gain, the company’s IPO is currently trading at a premium of zero rupees in the gray market. That means no specific GMP is visible in it right now.
SEDEMAC Mechatronics IPO
The IPO of SEDEMAC Mechatronics is going to open on March 4. Investors can place their bets on company shares till March 6. The company is trying to collect Rs 1087.45 crore from the market through this issue. The price band between Rs 1287 and Rs 1352 per share has been fixed by the company.
80 lakh shares will be issued under the issue. The IPO is going to be a complete offer for sale. One lot size has been fixed for 11 shares, that is, investors will have to invest a minimum of Rs 14,872. Talking about the company’s performance in the gray market, the shares are trading at a premium of Rs 12.
Srinibas Pradhan Constructions IPO
The IPO of Srinibas Pradhan Constructions will open for investors on March 6. Investors can place their bets on the IPO till March 10. The company issue is worth Rs 20.32 crore.
Under which 17 lakh fresh shares and 4 lakh shares will be issued through offer for sale. The company has fixed the price band of shares between Rs 91 and Rs 98. The company is trading at a premium of zero rupees in the gray market.
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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