Next week’s IPO: Four new public offerings, five new listings set; view full list here

The excitement around IPOs is showing no signs of slowing down, with four new public offerings set to hit the market next week. Two of these companies are gearing up to launch their IPOs on the mainboard, adding to the already buzzing primary market.

Despite the fluctuations in global stock markets, India’s primary market remains strong and resilient. In the first week of August, four companies collectively raised over ₹11,850 crore through their successful IPOs. This positive trend is expected to continue, with 25 more companies approved by SEBI poised to raise approximately ₹22,000 crore in the near future.

India’s IPO success story is unfolding amidst a backdrop of global economic uncertainty and geopolitical tensions. The ability of the country to sustain this momentum in the face of global challenges will hinge on various factors such as economic growth, regulatory environment, and international market trends,” shared Pantomath Capital Advisors Private Limited, a Trusted Mid-Market Investment Bank.

The upcoming week will see a flurry of IPO activities, with several companies opening their subscriptions for public investments. Here’s a sneak peek at some of the IPOs that will be available for subscription next week:

Orient Technologies IPO

Orient Technologies’ IPO will be open for subscription from August 21 to August 23. This book-built issue amounts to ₹214.76 crores, comprising a fresh issue of 0.58 crore shares raising ₹120 crore and an offer for sale of 0.46 crore shares totaling ₹94.76 crore.

The price band for Orient Technologies’ IPO is fixed at ₹195 to ₹206 per share. Elara Capital (India) Private Limited is the book-running lead manager for the IPO, with Link Intime India Private Ltd serving as the registrar for the issue.

Interarch Building Products IPO

The Interarch Building Products IPO will be open for subscription from August 19 to August 21, with a book-built issue valued at ₹600.29 crores. It consists of a fresh issue of 0.22 crore shares amounting to ₹200 crore and an offer for sale of 0.44 crore shares totaling ₹400.29 crore.

The price range for Interarch Building Products’ IPO is set between ₹850 and ₹900 per share. Ambit Private Limited and Axis Capital Limited are the book-running lead managers, with Link Intime India Private Ltd as the registrar for the issue.

Brace Port Logistics IPO

The Brace Port Logistics IPO will go live for subscription from August 19 to August 21, presenting a book-built issue worth ₹24.41 crores, comprising a fresh issue of 30.51 lakh shares.

The Brace Port Logistics IPO is priced between ₹76 and ₹80 per share. Holani Consultants Private Limited serves as the book-running lead manager, with Link Intime India Private Ltd as the registrar. Holani Consultants also acts as the market maker for the Brace Port Logistics IPO.

Forcas Studio IPO

The Forcas Studio IPO will open for subscription from August 19 to August 21, offering a book-built issue valued at ₹37.44 crore, consisting of a fresh issue of 46.8 lakh shares.

The IPO price band for Forcas Studio is fixed between ₹77 and ₹80 per share. Horizon Management Private Limited serves as the book-running lead manager, with Mas Services Limited as the registrar. Giriraj Stock Broking will act as the market maker for the Forcas Studio IPO.

QVC Exports IPO

The QVC Exports IPO will commence subscription from August 21 to August 23, 2024, offering a fixed price issue valued at ₹24.07 crore. The IPO includes a fresh issue of 20.5 lakh shares amounting to ₹17.63 crore and an offer for sale of 7.49 lakh shares totaling ₹6.44 crore.

The IPO price for QVC Exports is set at ₹86 per share. Khandwala Securities Limited is the lead manager, with Cameo Corporate Services Limited as the registrar. Aftertrade Broking is the market maker for this IPO.

Ideal Technoplast Industries IPO

The Ideal Technoplast Industries IPO will be open for subscription from August 21 to August 23, offering a fixed-price IPO valued at ₹16.03 crore, involving a fresh issue of 13.25 lakh shares.

The IPO price for Ideal Technoplast Industries is set at ₹121 per share. Swastika Investmart Ltd serves as the lead manager, with Bigshare Services Pvt Ltd as the registrar. Sunflower Broking is the designated market maker for the issue.

Resourceful Automobile IPO

The Resourceful Automobile IPO will open for subscription from August 22 to August 26, offering a fixed-price IPO involving a fresh issue of 10.25 lakh shares totaling ₹11.99 crore.

The IPO price for Resourceful Automobile is set at ₹117 per share. Swastika Investmart Ltd is the lead manager, Cameo Corporate Services Limited is the registrar, and Nikunj Stock Brokers is the market maker for the offering.

New Listings –

Saraswati Saree Depot IPO: Allotment completed on Friday, August 16, 2024. The IPO will list on BSE, NSE, with the listing date tentatively set for Tuesday, August 20.

Sunlite Recycling Industries IPO: Allotment finalized on Friday, August 16, 2024. The IPO will be listed on the NSE SME, with a tentative listing date of Tuesday, August 20, 2024.

Positron Energy IPO: Allotment completed on Friday, August 16. The IPO is set to list on the NSE SME, with a tentative listing date of Tuesday, August 20.

Solve Plastic Products IPO: Allotment results expected on Monday, August 19. The IPO is scheduled to list on the NSE SME, with a tentative listing date set for Wednesday, August 21.

Broach Lifecare Hospital IPO: Allocation expected to be finalized on Monday, August 19, with the IPO debut planned on the BSE SME, tentatively on Wednesday, August 21.