Curated By: Business Desk
Last Updated: January 22, 2024, 18:10 IST
Brisk Technovision IPO will start on January 23.
Among the six upcoming IPOs, there’s one mainboard and 5 small-medium enterprises.
In the current time, an increasing number of individuals are selecting shares as a technique to make investments their cash. Many folks have been capable of become profitable by investing within the inventory market. However, you will need to do correct analysis earlier than investing cash, as it’s a very unstable market. Now, the approaching week will stay busy for the inventory market with six new points to hit Dalal Street.
Among them, there’s one mainboard and 5 small-medium enterprise preliminary public choices (IPOs). So, let’s have a look at the upcoming IPOs this week:
Nova Agritech: The solely mainboard IPO that shall be opening within the upcoming week is Nova Agritech. The IPO shall be accessible for subscriptions on January 23 and finish on January 25. The worth band for the providing has been set at Rs 39–41 per share. The preliminary public providing would difficulty new fairness shares price Rs 112 crore. Apart from that, 77.5 lakh shares could be bought through OFS.
Brisk Technovision: The Brisk Technovision IPO will start on January 23. Investors can put money into it till January 25. The worth of 1 share within the IPO has been set at Rs. 156. Retail buyers will obtain 50 per cent of the shares. It has been discovered that the dimensions of this IPO is Rs 12.48 crore.
Phonebox Retail Limited: Phonebox Retail Limited’s preliminary public providing (IPO) will start on January 24 and finish on January 29. The worth band for this IPO has been set at Rs 66–70. In the gray market, unlisted shares of this IPO are promoting for Rs 50 premium. The enterprise plans to boost Rs 20.37 crore by way of this IPO.
Delaplex: The Delaplex IPO can even start on January 24. Investors can even bid for this Rs 46 crore IPO till January 29. One lot of inventory within the company has 600 shares. The IPO pricing band is Rs. 186–192. The promoters’ stake within the agency is 100 per cent, which shall be lowered to 73.66 per cent following the IPO.
Megatherm Induction: Megatherm’s launch date is January 25. The enterprise expects to boost Rs 53.91 crore by way of this IPO. The firm has set the pricing vary for its IPO at Rs 100–108 per share. Megatherm Induction’s IPO will shut on January 30. Megatherm Induction is a division of Megatherm Electronics.
Harshdeep Hortico Limited: Harshdeep Hortico Limited’s IPO will likewise start on January 25 and finish on January 30. The IPO is valued at ₹19.09 crore. The IPO worth band is Rs 42 to 45 per share. Each IPO lot has 3000 shares.
