Upcoming IPOs: Excitement in the Market
December witnessed a lot of buzz in the IPO market, but the first week of January 2024 is expected to be relatively slow. With no new IPOs scheduled to launch during this week, investors will have to wait a little longer for new opportunities. However, there are still some ongoing IPOs and upcoming listings to keep an eye on. Here’s a list of the companies and their IPO details:
1. KSE Energy and Infra IPO: The IPO of KSE Energy and Infra opened on December 28th and will remain open for investment until January 2nd. So far, the IPO has received an overwhelming response, with an oversubscription of 163.74 times. The company aims to raise Rs 15.93 crores by offering shares at a price band of Rs 51-54 per share. The lot size for this IPO is 2000 shares.
2. Koushalya Logistics Limited IPO: Koushalya Logistics Limited’s IPO opened on December 29th and will close on January 3rd, 2024. The IPO has been subscribed 10.12 times so far. The price band for this IPO is Rs 71-75 per share, and investors can bid for a minimum of 1600 shares.
3. Sameera Agro and Infra Limited IPO: Sameera Agro and Infra Limited got listed on the NSE SME platform on January 1st, 2024. The IPO was open for subscription from December 21st to 27th and received a subscription of 2.92 times.
4. AIK Pipes and Polymers IPO: AIK Pipes and Polymers’ listing is scheduled for January 2nd on the BSE SME platform. The IPO was open for subscription from December 26th to 28th and received an overwhelming response with a subscription of 43.57 times.
5. Shree Balaji Valves IPO: Shree Balaji Valves’ IPO was open for investment from December 27th to 29th, and it received a subscription of 276.44 times. The company’s shares will be listed on the BSE SME platform on January 3rd.
6. Manoj Ceramics IPO: Manoj Ceramics’ IPO was open for subscription from December 27th to 29th and received a subscription of 9 times. The company’s shares will be listed on the BSE SME platform on January 3rd.
7. HRH Next Services IPO: HRH Next Services’ IPO will be listed on the NSE SME platform on January 3rd. The IPO was open for subscription from December 27th to 29th and received a subscription of 66.29 times.
8. Aakanksha Power and Infrastructure IPO: Aakanksha Power and Infrastructure’s IPO closed on December 29th with a subscription of 117.39 times. The company’s shares will be listed on the NSE SME platform on January 3rd.
With these upcoming IPOs and listings, the market is expected to see some interesting developments in the first week of January. Investors can seize the opportunity to invest in ongoing IPOs or keep an eye out for future opportunities. Stay tuned for more updates!
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
