This week brings a wide array of upcoming IPOs, offering unique investment opportunities across different sectors. These IPOs, closing between September 9 and September 17, 2024, cover industries such as finance, packaging, advanced materials, and biofuels. Here’s a comprehensive list of the upcoming IPO this week, arranged by their closing dates.
This week, the Indian stock market is buzzing with activity as 16 IPOs hit the market, providing investors a wide range of opportunities across various sectors. From finance to advanced materials, these IPOs present an exciting chance for investors to diversify their portfolios.
Here’s a snapshot of the 16 upcoming IPO this week, offering everything from large-scale finance companies to niche SMEs:
IPOs Closing on September 9, 2024
1. My Mudra Fincorp Limited IPO
Open Date: September 5, 2024
Close Date: September 9, 2024
Listing Date: September 12, 2024
Issue Price: ₹110 per share
Issue Size: ₹33.26 crore
Lot Size: 1,200 shares
Exchange: NSE SME
2. Shree Tirupati Balajee Agro Trading Company Limited IPO
This week’s IPOs provide ample opportunities for investors to explore and diversify their portfolios. With a variety of industries represented, there’s something for every investor, whether you’re looking at major firms or niche companies. Keep track of the listing dates for potential growth!
FAQs on Upcoming IPO This Week (9th to 13th September 2024)
What is an IPO?
An IPO (Initial Public Offering) is when a private company offers its shares to the public for the first time to raise capital.
Why do companies go public through IPOs?
Companies go public to raise funds for expansion, pay off debts, or improve their market visibility and credibility.
How do I invest in an IPO?
You can invest in an IPO through your broker or using online platforms like net banking, trading apps, or dedicated IPO portals.
What is a price band in an IPO?
A price band is the range of prices within which investors can bid for shares during the IPO process.
What is the minimum amount required to invest in an IPO?
The minimum investment is based on the lot size, which is the smallest number of shares you can buy, multiplied by the price per share.
How are IPO shares allocated?
Shares are allocated based on the subscription category. Retail investors may be allotted shares through a lottery system, while institutional investors are allocated shares based on their bids.
What is oversubscription in an IPO?
Oversubscription occurs when the demand for shares exceeds the number of shares available in the IPO.
What is an IPO lot size?
The lot size is the minimum number of shares an investor must apply for in an IPO.
What happens if I don’t get an IPO allotment?
If you don’t get an IPO allotment, the amount you invested will be refunded to your bank account.
Can IPO shares be sold immediately after listing?
Yes, once the shares are listed on the stock exchange, you can sell them. However, the price may fluctuate based on market demand.
What are the risks of investing in an IPO?
Risks include market volatility, the company’s future performance, and potential loss if the stock price drops after listing.
What is the difference between the issue price and the listing price?
The issue price is the price at which shares are offered during the IPO, while the listing price is the price at which the shares begin trading on the stock exchange.
What is a book-building IPO?
A book-building IPO allows investors to bid within a specified price band, and the final price is determined based on demand.
What is the difference between a fixed-price IPO and a book-building IPO?
In a fixed-price IPO, shares are offered at a predetermined price. In a book-building IPO, investors bid within a price band, and the final price is determined based on demand.
How is an IPO different from a Follow-on Public Offer (FPO)?
An IPO is the first time a company offers shares to the public, while an FPO occurs when a company that is already publicly listed issues additional shares to raise capital.
What is an SME IPO?
SME IPOs are Initial Public Offerings from small and medium-sized enterprises, typically listed on platforms like NSE SME or BSE SME.
How can I check my IPO allotment status?
You can check your IPO allotment status on the registrar’s website by entering your PAN, application number, or DP ID/client ID.
Are IPO investments suitable for long-term investors?
IPOs can be suitable for long-term investors, but it depends on the company’s fundamentals and growth prospects.
What is a grey market in IPOs?
The grey market is an unofficial market where IPO shares are traded before they are officially listed on the stock exchange.
How can I maximize my chances of getting an IPO allotment?
To increase your chances, apply in multiple family members’ names, and ensure your bids are within the price band. However, oversubscription may still lead to non-allotment.
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