Investors looking to enter the stock market through IPOs have a busy week ahead. A total of 12 IPOs are opening this week, with companies aiming to raise around ₹3,742 crore.
The list includes both mainboard and SME IPOs. Along with the new public issues, nine companies are also scheduled to make their stock market debut this week.
5 IPOs Opened on August 24
Five companies opened their IPOs for subscription on August 24.
In the mainboard segment, Symbiotec Pharmalab, Hi-Tech Engineers, and Skyways Air Services launched their public issues.
Symbiotec Pharmalab plans to raise about ₹1,757 crore with a price band of ₹938-₹988 per share. The issue includes a ₹150 crore fresh issue and an offer for sale (OFS) worth ₹1,607 crore.
Hi-Tech Engineers is looking to raise around ₹135.7 crore, with shares priced between ₹50 and ₹53.
Skyways Air Services has launched a ₹582.8 crore IPO, with a price band of ₹131-₹138 per share.
In the SME segment, Madhur Knit Crafts opened a ₹53.3 crore IPO, while ABH Healthcare launched a ₹35 crore issue.
More IPOs to Open This Week
On August 25, IPOs of Annu Projects and Sumax Engineering will open for investors.
Annu Projects aims to raise around ₹175 crore, with a price band of ₹94-₹99 per share.
Auto component maker Sumax Engineering plans to raise about ₹53.4 crore, with shares priced between ₹95 and ₹101.
Big IPOs on August 27 and 28
Several more IPOs are scheduled later this week.
Lumino Industries will open its ₹700 crore IPO on August 27, with a price band of ₹78-₹82 per share.
On the same day, Quick Forensic Solutions will launch its ₹51 crore SME IPO.
On August 28, Priority Jewels will open a ₹91.5 crore SME IPO. Complete Sports & Management India will launch a ₹75 crore issue, while Palak Technologies will come with a ₹33 crore SME IPO.
9 Companies Ready for Stock Market Debut
Apart from the IPO launches, nine companies are set to list their shares this week.
Lalitha Jewellery Mart and Horizon Industrial Parks listed on August 24, while Fascinate Textiles debuted on NSE Emerge.
On August 25, Sunshine Pictures and Shankesh Jewellers are expected to list.
Gaja Capital, Dhanvel Hybrid Seeds, and Mopshop Distribution are scheduled to list on August 26.
Finally, Tempsense Instruments (India) is expected to make its stock market debut on August 28.