Winning Bizness Desk
Mumbai. Even before the arrival of the festive season in the country, a festive atmosphere has already been created in the stock market. During the month of July, many IPOs were seen in the stock market and listings were seen in the SME segment along with large companies. This series is going to continue even further. As per the data available on the market, four new IPOs are going to be launched in the next few days. Interestingly, Tata group and TVS group are also among those who brought IPO. Apart from these, the next few days are also going to be busy in terms of listing, because after the recently launched IPO, 6 new shares are in the queue for it. The upcoming activities of the IPO market are not limited to this and many new share lists are also going to happen in the coming days. The IPO of SBFC Finance is currently open and will close on 7th August. Its listing will be on 16 August. The next day i.e. on August 17, the IPO of Concord Biotech will be listed.
1) Listing of these 4 SME shares as well
The listing of SME IPO Oriana Power will take place on 11th August. On the other hand, the shares of Vinsys IT, an SME company in the IT sector, are going to be listed on August 14. Trading of Sangani Hospitals shares will start from August 17, while Yudiz Solutions shares are also going to debut on August 17 in the SME segment itself.
2) TVS Supply Chain Solutions IPO
This IPO will open on 10th August and will close on 14th August. The company plans to raise Rs 600 crore from the fresh issue. Earlier the company was looking to raise Rs 2000 crore from this IPO. In this, 1.42 crore shares will also be sold through OFS. The allotment of shares will take place on August 22 and the shares will be credited to the demat accounts of successful bidders on August 23. The listing of the company's shares will take place on August 24.
Balaji Specialty Chemicals IPO
This IPO will be worth about Rs 425 crore, which will include both fresh issue and OFS. It will open for subscription on August 18 and will be available till August 22. The shares will be allotted on 25th August and will be credited to the subscribers' account on 29th August. Trading of its shares on BSE and NSE will start from 30 August.
Tata Technologies IPO
People were waiting for the new IPO of Tata Group for decades. After a gap of about 19 years, an IPO of the Tata group is going to hit the market, which investors are eagerly waiting for. The company is about to list about 40 crore shares. For this reason, it is expected that the IPO price could be around Rs.295. However, the information about the price band or listing details has not yet been given by the company.
Srivari Spices and Foods IPO
This is a proposed SME IPO, scheduled to open on 7th August. For this, a price band of Rs 40-42 per share has been fixed. The company is looking to raise Rs 9 crore from the IPO. After the IPO, the listing of its shares will be on the NSE Emerge platform. Its trading will start from 18 August.