IPO calendar: Vijay Kedia-stundled issue of 5 new offers for investors to follow next week

The primary market of India is planned for another busy week as a link of 5 IPOs prepared to open on both mainboard and SME platforms, and offers investors a wide range of choices from building materials to technology. Under the issues of the headboard, the sale of Euro Pratik will be the largest selection for investors.

The Decorative Laminates and Surfaces Company hits the market with an RS 451 Crore issue, will open on September 16 and will close on September 18. The price band for the edition has been resolved on RS 235-247 per share. Axis Capital is the main manager for the issue, which is mentioned on both the BSE and the NSE.

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Right on his heels, VMS TMT launches its RS 148 Crore IPO between 17 and 19 September. The Bars (TMT Bars), which is located in Gujarat, has set a price band of RS 94–99 per share per share. Arihant Capital manages the offer, which is mentioned on both fairs.

SME IPOS

Although the larger problems are expected to attract an institutional question, smaller retail-oriented listed IPOs will continue to dominate the SME segment.

At the SME front, Techd CyberSecurity, supported by Vijay Kedia, will open its RS 39 Crore IPO from 15-17 September. It is priced on RS 183–193 a share. Sampat Aluminum, another building materials player, will also tap the market during the same window, will open September 17 and will close September 19. The company has set its range of range on RS 30.53 Crore with a price band of RS 114-120 per share. shares. The price band was set at RS 144-152 each.

Apart from the above, two other IPOs were already launched in the past week and will continue next week. LT Lift (RS 39.37 Crore, BSE SME) is currently open and runs from 12-16 September in a price band of RS 76-78 per share.

In the meantime, Airfloa Rail Technology, a manufacturer of the railway components that runs on the Buzz around Vande Bharat, is also open for subscription of 11-15 September, with a problem size of RS 91.10 Crore on RS 140 per share.

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The flurry of IPOs in different sectors indicates that the appetite of both retail and institutional investors, even if broader markets, remain volatile. With various offers this week, the attention of investors will be strong on subscription patterns and gray market instructions to gauge sentiment.

((Indemnification: Recommendations, suggestions, views and opinions of the experts are their own. These do not represent the views of economic times)