IPO Next Week: The next week is going to be explosive in the stock market. It is believed that the week is going to start with a blockbuster listing of Bajaj Housing Finance on Monday. Along with this, the next week will be known for the listing of 14 IPOs and the entry of 5 new issues.
The week that ended on Friday was also interesting. In this, investors got a chance to participate in 5 mainboard and 12 SME IPOs. Shares of Gala Precision Engineering and Shree Tirupati Balajee made a great debut and made money for the investors. Now the next week is also going to give you a chance to earn.
Bajaj Housing Finance breaks Tata Technologies’ record
Bajaj Housing Finance received 89 lakh applications and broke the previous record of 73.5 lakh applications of Tata Technologies. People have bid more than Rs 3.2 trillion on its IPO of Rs 6,560 crore.
Next week will start with the IPOs of Arkade Developers and Northern Arc Capital. Also, shares of Bajaj Housing Finance, Kross and Tolins Tyres will be listed on Monday, September 16. After this, shares of PN Gadgil Jewelers will be listed on Tuesday, September 17. Subscription for Western Carriers IPO will close on Wednesday, September 18.
Arkade Developers IPO
This mainboard IPO will be open from Monday, September 16 to Thursday, September 19. Its price band has been kept at Rs 121 to Rs 128. Its lot size is 110 shares. You will have to invest a minimum of Rs 14,080 on it. The company wants to raise up to Rs 410 crore from its IPO. Its listing will be on Tuesday, September 24 on NSE and BSE.
Northern Arc Capital IPO
The IPO of this company will be open from Monday, September 16 to Thursday, September 19. The company wants to raise Rs 777 crore from this. The price band of the IPO has been kept at Rs 249 to Rs 263. The lot size of shares in this has been kept at 57. Shares of Northern Arc Capital will be listed on BSE and NSE on Tuesday, September 24.
These SME IPOs will be listed
10 IPOs will be listed in the SME sector next week. These include Excellent Wires and Packaging, Trafiksol ITS Technologies, SPP Polymers, Gajanand International, Share Samadhan, Shubhshree Biofuels Energy, Aditya Ultra Steel, Vision Infra Equipment Solutions, My Mudra Fincorp and Sodhani Academy of Fintech Enablers.
5 new SME IPOs will come
Apart from this, subscription of Popular Foundations, Deccan Transcon Leasing and Envirotech Systems will be closed. In the SME market, SD Retail, BikeWo GreenTech, Paramount Specialty Forgings, Pelatro and Osel Devices are going to bring their IPOs next week.
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