Business

Upcoming IPOs – An Investment Opportunity for the Upcoming Week | 7 Companies

author
By: rajchouhanrb
November 6, 2023
IPO

The upcoming week is poised to be a bustling one in the world of investment. Seven companies are set to offer investment opportunities through Initial Public Offerings (IPOs), four of which are new issues and three are already open for subscription. With both Mainboard and SME segment IPOs in the mix, we’ll take a closer look at the opportunities awaiting investors.

New Mainboard Segment IPOs

IPO

1. Protean eGov Technologies

  • IPO opens on November 6 and closes on November 8.
  • The price band for shares is set at ₹752-792 per share.
  • The company aims to raise ₹490.3 crores through this Initial Public Offering.

2. ASK Automotive

  • IPO opens on November 7.
  • The price band for shares is ₹268-282.
  • The company plans to raise ₹833.91 crores.

ESAF Small Finance Bank IPO

IPO

  • The Initial Public Offering opened on November 3 and closes on November 7.
  • The price band for shares is ₹60 per share.

New SME Segment IPOs

IPO

1. Baba Food Processing India

  • The Initial Public Offering opens on November 7.
  • The price band is ₹76 per share.

2. Micropro Software Solutions:

  • The Initial Public Offering opens on November 7.
  • The price band is ₹81 per share.

Upcoming Listings

IPO

  • In the Mainboard segment, SELO World Share Market is expected to make its debut on November 6, potentially listing with a 22-25% premium.
  • The parent company of Mamaearth, Honasa Consumer, might make its way to the stock market on November 10.
  • Eight companies in the SME segment might debut next week:
    1. KK Shah Hospitals on BSE SME on November 8.
    2. SAR Televenture on NSE SME on November 8.
    3. Maitreya Medicare Limited on NSE SME on November 9.
    4. Transteel Seating Technologies on NSE SME on November 9.
    5. Vrundavan Plantation on BSE SME on November 9.
    6. Mish Designs on BSE SME on November 10.

Conclusion: As the primary market activities surge in the upcoming week, investors have the opportunity to diversify their portfolios. The mix of Mainboard and SME segment Initial Public Offerings ensures that investors with various risk appetites can find suitable investment options. However, it’s essential for potential investors to conduct due diligence, assess the prospects of the companies, and consider their own investment goals before participating in any IPO.

Also Read – On Door Concepts IPO: Everything You Need to Know

Share post: facebook twitter whatsapp