The last week of February is going to be very busy for the primary market. A total of eight new IPOs will open for subscription between February 23 and 27 on the mainboard and SME platforms. Along with this, four companies will debut in the stock market by getting listed during the same period. In such a situation, the eyes of investors will remain focused on the primary market throughout the week. Let us know in detail the major IPOs and listings of this week.
4 big issues in mainboard segment
Clean Max Enviro Energy Solutions
This week’s biggest issue is being brought by Clean Max Enviro Energy Solutions. The company is planning to raise ₹3,100 crore through fresh issue and offer for sale (OFS).
Price band: ₹1,000–1,053 per share
Subscription: 23–25 February
Expected listing: March 2 (NSE and BSE)
Shree Ram Twistex
This is a completely fresh issue of ₹110.24 crore.
Price band: ₹95–104 per share
Subscription: 23–25 February
Expected listing: March 2
PNGS Reva Diamond Jewelery
The company is coming up with a fresh issue of ₹380 crore.
Price band: ₹367–386 per share
Subscription: 24–26 February
Expected listing: March 4
Omnitech Engineering
This issue of ₹583 crore includes both fresh shares and OFS.
Price band: ₹216–227 per share
Subscription: 25–27 February
Expected listing: March 5
4 IPOs on SME platform
Kiaasa Retail
Issue Size: ₹69.72 crore
Price Band: ₹121–127
Subscription: 23–25 February
Listing: March 2 (BSE SME)
Mobilize App Lab
Issue Size: ₹20.10 crore
Price Band: ₹75–80
Subscription: 23–25 February
Listing: March 2
Accord Transformer & Switchgear
Issue Size: ₹25.59 crore
Price Band: ₹43–46
Subscription: 23–25 February
Listing: March 2 (BSE SME)
Yaap Digital
55.25 lakh fresh shares will be issued
Subscription: 25–27 February
Price band and minimum investment yet to be announced
Expected Listing: March 5 (SME Platform)
This week’s top listings
Along with the new IPO, four companies will also enter the market. The listing of Gaudium IVF and Women Health on the mainboard will take place on February 27. In the SME segment, Fractal Industries (24 February), Yashtej Industries (25 February) and Manilam Industries (27 February) will make their stock market debut.
Latest Business News