Share Market: Last month we saw a lot of turmoil in the IPO market. In September, 12 mainboard and 40 SME companies entered the stock market. This year the IPO market has been buzzing with issues of new companies every week. Now there is going to be some peace next week. In the week starting from Monday, October 7, IPOs of only two companies are going to enter the market. Of these, one will be mainboard and one will be SME IPO. The IPO of Garuda Construction and Engineering will enter the mainboard segment and Shiv Texchem will enter the SME segment.
IPOs of Garuda Construction and Shiv Texchem will open on 8th
Investors have been waiting for the IPO of Garuda Construction and Engineering for a long time. The company’s IPO will be worth Rs 264 crore. Its subscription will open on 8th October and you will be able to bet on it till 10th October. Its price band has been kept at Rs 92 to Rs 95. You will have to bet at least Rs 14,444 to buy one lot. On the other hand, Shiv Texchem’s Rs 101 crore IPO will also be open for subscription from October 8 to 10. Its price band has been kept at Rs 158 to Rs 166. You will have to bet at least Rs 1,26,400 to buy one lot.
6 companies of SME segment will also be listed on the market.
Apart from this, the IPO of Khyati Global Ventures will close for subscription on October 8. Apart from this, 6 companies of SME segment will also be listed on the market. These include listing of HVAX Technologies and Saj Hotels on October 7, Subam Papers and Paramount Dye Tec on October 8, NeoPolitan Pizza and Foods on October 9. October and Khyati Global will be held on October 11.
26 companies are going to launch IPO worth Rs 72,000 crore
According to a report by Prime Data Base, the IPO market will remain bullish till December. About 26 companies are going to bring IPO worth about Rs 72,000 crore in the market. They have received the necessary approval from SEBI. Apart from this, IPOs of about Rs 89,000 crore of about 55 companies are waiting for the approval of SEBI. This month, the country’s biggest IPO so far can also hit the market. This IPO of Rs 25 thousand crore will be of Hyundai Motor India. It can leave behind LIC’s IPO worth Rs 21 thousand crore.
63 companies raised about Rs 64,000 crore from the market
This year, 63 companies have raised about Rs 64,000 crore from the IPO market. This figure is about 29 percent more than the amount collected in 2023. Last year, 57 companies had collected Rs 49,436 crore from the market by bringing IPO. Due to the positive attitude of domestic and foreign investors, companies are excited about launching their IPO this year.
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