4 IPOs Opening This Week: Investors Get New Opportunities in the Stock Market
Investors will get several new opportunities in the stock market this week A total of four companies are launching their Initial Public Offerings (IPOs) in the coming days.
Out of these, three companies belong to the mainboard segment, while one company is from the SME segment. Because of this, many investors are closely watching these IPOs to decide where to invest.
Here are the important details about each upcoming issue.
Innovision IPO
The Innovision IPO will open for investors from March 10 to March 12.
The company has fixed the price band between ₹521 and ₹548 per share.
The lot size is 27 shares, which means retail investors will need to invest at least ₹14,796 to apply.
Through this IPO, the company plans to raise about ₹322.84 crore.
The issue includes 4.7 million fresh shares and 1.2 million shares under the offer-for-sale (OFS) category.
Rajputana Stainless IPO
The Rajputana Stainless IPO will open on March 9 and close on March 11.
The company has set the price band between ₹116 and ₹122 per share.
The lot size for this IPO is 110 shares, so retail investors will need to invest a minimum of ₹13,420.
The company plans to raise around ₹254.98 crore through this issue.
It will include 14.7 million fresh shares and 6.3 million shares through offer for sale.
Apsis Aerocom IPO
The Apsis Aerocom IPO is also coming to the market soon.
The company aims to raise about ₹35.77 crore through this public issue.
Investors can apply for this IPO between March 11 and March 13.
The company will issue around 3.3 million fresh shares.
The price band for this issue has been fixed between ₹104 and ₹110 per share.
Rajmarg Infra Investment Trust IPO
Another major IPO this week is from Rajmarg Infra Investment Trust.
The company is planning to raise around ₹6,000 crore through this issue.
The IPO will open from March 11 to March 13 and will consist entirely of fresh shares.
The price band has been fixed between ₹99 and ₹100 per share.
In this issue, up to 75 percent of shares will be reserved for qualified institutional buyers, while at least 25 percent will be allocated to non-institutional investors.
Disclaimer: The information given here is for informational purposes only.
Investments in the stock market are subject to risks.
Investors should always consult a financial expert before making any investment decision.
