Get ready for an exciting week in the IPO market as several SMEs are set to launch their initial public offerings. While the mainboard IPO market may be quiet, around 8 companies are gearing up to open their IPOs next week.
The SME IPOs lined up for subscription next week include RNFI Services, SAR Televenture, VVIP Infratech, VL Infraprojects, Manglam Infra and Engineering, Chetana Education, Aprameya Engineering, and Clinitech Laboratory.
According to Pantomath Capital Advisors Private Limited, a trusted mid-market investment bank, “The Indian IPO market has been witnessing remarkable growth. The increased number of companies seeking to list their shares on the stock exchange and the rise in capital raised reflect a period of strength and dynamism in the Indian financial landscape.”
Expectations are high post the recent elections, with a boost in market activity anticipated for the second half of CY25. Improved market sentiment and a stable economic environment are driving companies to launch their public offerings. The success of listings in the first half of CY25 is also expected to propel momentum in sectors like consumer staples, healthcare, and technology.
Exciting IPOs Opening Soon!
RNFI Services IPO
Opening from July 22, 2024, to July 24, 2024, the RNFI Services IPO aims to raise ₹70.81 crores through a fresh issue of 67.44 lakh shares.
The RNFI Services IPO is priced between ₹98 and ₹105 per share, with Choice Capital Advisors Pvt Ltd as the lead manager and Skyline Financial Services Private Ltd as the registrar.
Exciting FPOs to Look Out For!
SAR Televenture FPO
Scheduled from July 22, 2024, to July 24, 2024, the SAR Televenture FPO aims to raise ₹150 crore through a fresh issue of 71.43 lakh shares.
The price range for SAR Televenture’s FPO is set between ₹200 and ₹210 per share, with Pantomath Capital Advisors Pvt Ltd as the lead manager and Link Intime India Private Ltd as the registrar.
Don’t Miss Out on These IPOs!
VVIP Infratech IPO
Opening on July 23, 2024, and closing on July 25, 2024, the VVIP Infratech IPO aims to raise ₹61.21 crores through a fresh issue of 65.82 lakh shares.
The VVIP Infratech IPO is priced between ₹91 and ₹93 per share, with Share India Capital Services Private Limited as the lead manager and Maashitla Securities Private Limited as the registrar.
Exciting IPOs on the Horizon!
V.L. Infraprojects IPO
Set to open from July 23, 2024, to July 25, 2024, the V.L. Infraprojects IPO aims to raise ₹18.52 crores through a fresh issue of 44.1 lakh shares.
The price band for V.L. Infraprojects’ IPO is between ₹39 and ₹42 per share, with Beeline Capital Advisors Pvt Ltd as the lead manager and Skyline Financial Services Private Ltd as the registrar.
Exciting Opportunities Await!
Manglam Infra And Engineering IPO
Scheduled to open on July 24, 2024, and close on July 26, 2024, the Manglam Infra and Engineering IPO aims to raise ₹27.62 crores through a fresh issue of 49.32 lakh shares.
The price range for the Manglam Infra and Engineering IPO is between ₹53 and ₹56 per share, with Unistone Capital Pvt Ltd as the lead manager and Bigshare Services Pvt Ltd as the registrar.
Upcoming IPOs to Watch Out For!
Chetana Education IPO
Set to open on July 24, 2024, and close on July 26, 2024, the Chetana Education IPO aims to raise ₹45.90 crores through a fresh issuance of 54 lakh shares.
The price band for Chetana Education IPO is between ₹80 and ₹85 per share, with Hem Securities Limited as the lead manager and Link Intime India Private Ltd as the registrar.
Get Ready for These Exciting IPOs!
Aprameya Engineering IPO
Scheduled to open on July 25, 2024, and close on July 29, 2024, the Aprameya Engineering IPO aims to raise ₹29.23 crores through a fresh issue of 50.4 lakh shares.
The price band for the Aprameya Engineering IPO is between ₹56 and ₹58 per share, with Hem Securities Limited as the lead manager and Link Intime India Private Ltd as the registrar.
Discover New Investment Opportunities!
Clinitech Laboratory IPO
Scheduled to open on July 25, 2024, and close on July 29, 2024, the Clinitech Laboratory IPO aims to raise ₹5.78 crores through a fresh issue of 6.02 lakh shares.
The issue price for Clinitech Laboratory IPO is ₹96 per share, with Inventure Merchant Banker Services Pvt Ltd as the lead manager and Bigshare Services Pvt Ltd as the registrar.
Stay Informed About New Listings!
Sanstar IPO: Expect the allotment for the Sanstar IPO to be finalized on Wednesday, July 24, 2024, with the listing scheduled on BSE and NSE on Friday, July 26, 2024.
Three M Paper Boards IPO: The IPO listing on BSE SME is set for July 22, 2024, after the successful allotment process on Thursday, July 18, 2024.
Prizor Viztech IPO: The NSE SME listing for Prizor Viztech IPO is scheduled for July 22, 2024, post the allotment finalization on Thursday, July 18, 2024.
Kataria Industries IPO: Watch out for the listing of Kataria Industries IPO on NSE SME on Wednesday, July 24, 2024, following the allotment confirmation on Monday, July 22, 2024.
