The Indian stock market has been witnessing ups and downs for the last few weeks. Due to this market situation there is disappointment among investors also. However, in the coming week, 6 new IPOs are a topic of discussion among investors from the market point of view. Apart from this, listing of 4 other companies including NTPC Green Energy will also increase the stir in the market. If you are also planning to invest in IPO, then here is every important information for you. Let us now know about those 6 new IPOs which are coming next week.
1. Rajesh Power Services
The IPO of Rajesh Power Services will open on 25 November 2024. Investors will be able to bid in this IPO till 27th November. The company aims to raise a total of Rs 160.47 crore through this IPO. In this, the company will issue 27.9 lakh fresh shares worth Rs 93.47 crore and 20 lakh shares worth Rs 67 crore will be issued under Offer for Sale (OFS). The price band of this IPO has been fixed between Rs 319 to Rs 335. The minimum investment amount in this IPO has been kept at Rs 1.34 lakh.
2. Abha Power and Steel Limited
The IPO of Abha Power and Steel Limited will also open for subscription on 27th November and investments can be made in it till 29th November. The company aims to raise Rs 38.54 crore through this IPO. For this, 41.39 lakh fresh shares worth Rs 31.04 crore will be issued, while 10 lakh shares will be offered under OFS. The price band of this issue has been kept at Rs 75.
3. Pex Ecotech Limited
The IPO of Pex Ecotech Limited will also open on 27th November and close on 29th November. The price band of this issue has been fixed between Rs 71 to Rs 73. The company wants to raise a total of Rs 25.54 crore through this IPO.
4. Ganesh Infraworld Limited
The IPO of Ganesh Infraworld Limited will open on 29 November and close on 3 December 2024. The issue size of this IPO is Rs 98.58 crore and the price band has been fixed at Rs 78 to Rs 83 per share. Investors should note that in this IPO there will be 1600 shares in one lot and a minimum investment of Rs 1,32,800 will have to be made.
5. Rajputana Biodiesel
The IPO of Rajputana Biodiesel will open on 26th November and investments can be made in it till 28th November. The company aims to raise Rs 24.70 crore through this IPO. The price band of this issue is Rs 123 to Rs 130 per share.
6. Agrawal Toughened Glass India Limited
The IPO of Agrawal Toughened Glass India Limited will open for subscription on November 28 and December 2 will be the last day for bidding. The price band of this IPO has been fixed between Rs 105 to Rs 108. The size of this issue of the company is Rs 62.64 crore. In this IPO, the company will issue 58 lakh new shares, and no shares will be included under OFS. The listing of this IPO is likely to be on December 5, 2024.
