News Title: IPO GMP 6 May 2024
📈 The month of May will see a surge in IPOs in the stock market, with companies raising more than 10,000 crores. Digital service company Indizen’s IPO is set to open on May 6th. Aadhar Housing Finance and online travel company TBO Tech’s IPO will open on May 8th.
🗳️ IPOs are usually low during election times. However, this year has seen seven times more IPOs compared to the last four Lok Sabha elections. Due to investor enthusiasm, strong GDP growth rates, and positive trends towards India, IPOs have increased during this election season.
Upcoming IPOs this month:
- 🚀 Go Digital (3,500 crores)
- 🏠 Aadhar Housing Finance (3,000 crores)
- 💻 Indizen (1841 crores)
- 🏢 Office Space Solutions (1,000 crores)
- 🌐 TBO Tech (1,000 crores)
- ⏳ Cronox (150 crores)
🎉 SME IPOs will also shine:
- ⚙️ VinSol Engineers ★IPO of 23.36 crores open from May 6 to May 9 with issue price ranging from 71 to 75 rupees.
- 💼 Sloan Infosystems ★IPO of 11 crores open from May 3 to May 7 with issue price of 79 rupees.
- 🔩 Refractory Shapes ★IPO of 18.6 crores open for subscription from May 6 to May 9 with issue price between 27 to 31 rupees.
- 🔬 Finalistings Tech ★IPO of 13.53 crores running from May 7 to May 9 with issue price of 123 rupees.
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