Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Upcoming IPO Listings: Vision Infra Equipment Solutions, Shree Tirupati Balajee, and My Mudra Fincorp
The Indian stock market is buzzing with the upcoming ipo listings of Vision Infra Equipment Solutions, Shree Tirupati Balajee, and My Mudra Fincorp, which have garnered strong investor interest with subscription levels far exceeding expectations. Here’s a detailed look at each of these IPOs and their key details.
Vision Infra Equipment Solutions IPO (NSE SME)
- Price Band: ₹163 per share
- Grey Market Premium (GMP): ₹75
- Expected Listing Price: ₹238 (46.01% premium)
- IPO Size: ₹106.21 Cr
- Lot Size: 800 shares
- Listing Date: 13th September 2024
- Subscription: 68.14x
Company Overview
Founded in 2015, Vision Infra Equipment Solutions is a key player in equipment solutions, specializing in the rental and trading of road construction machinery. The company serves sectors like airports, smart cities, irrigation, and railroads. Its business model includes both time-based and performance-based pricing for machinery rentals and involves the refurbishment and resale of used machines. With a fleet of 326 machines, Vision Infra is well-positioned to leverage growth in India’s road infrastructure sector.
Strengths:
- Extensive fleet of modern road construction machinery.
- Established relationships across sectors like infrastructure and construction.
- Strong order book and stable financial performance.
- Wide domestic market presence and a capable management team.
Also Read: Discover the Upcoming IPO This Week: 9th to 13th September 2024
Shree Tirupati Balajee IPO
- Price Band: ₹83 per share
- GMP: ₹25
- Expected Listing Price: ₹108 (30.12% premium)
- IPO Size: ₹169.65 Cr
- Lot Size: 180 shares
- Listing Date: 12th September 2024
- Subscription: 124.74x
Company Overview
Shree Tirupati Balajee is a leading manufacturer of Flexible Intermediate Bulk Containers (FIBCs) and other industrial packaging products. With over 20 years of experience, the company provides packaging solutions for sectors such as chemicals, food, agriculture, and mining. Its offerings include large flexible bags for transportation and packaging purposes. The company operates five manufacturing units and caters to both domestic and international markets.
Strengths:
- Broad customer base across industries.
- Cost-effective and sustainable packaging solutions.
- Integrated manufacturing facilities with quality certifications.
- Strong management with years of experience in industrial packaging.
Also Read: When Can a Company Go for IPO in India
My Mudra Fincorp IPO (NSE SME)
- Price Band: ₹110 per share
- GMP: ₹36
- Expected Listing Price: ₹146 (32.73% premium)
- IPO Size: ₹33.26 Cr
- Lot Size: 1,200 shares
- Listing Date: 12th September 2024
- Subscription: 102.48x
Company Overview
Founded in 2013, My Mudra Fincorp operates as a distributor for banks and NBFCs, specializing in loans and financial products. The company offers a range of secured and unsecured loan products, including home loans, business loans, and personal loans, through both direct sales agents and franchise models. My Mudra has successfully expanded its reach across India by leveraging partnerships with leading financial institutions.
Strengths:
- Diverse loan portfolio catering to various customer needs.
- Capital-efficient business model with low operating costs.
- Strategic partnerships with banks and NBFCs.
- Experienced leadership and a well-established distribution network.
Conclusion
These upcoming IPOs highlight the diverse opportunities available to investors. With strong subscription numbers, favorable grey market premiums, and compelling business models, Vision Infra Equipment Solutions, Shree Tirupati Balajee, and My Mudra Fincorp are expected to make notable entries into the stock market. Investors looking for growth in sectors like infrastructure, packaging, and financial services may find these IPOs particularly attractive.
FAQs
What is the expected listing gain for Vision Infra Equipment Solutions IPO?
The expected listing gain for Vision Infra Equipment Solutions is projected at 46.01%, with an estimated listing price of ₹238 against its issue price of ₹163. This projection is based on the strong demand and subscription rate of 68.14x, indicating high investor confidence.
How much was the subscription for Shree Tirupati Balajee IPO?
Shree Tirupati Balajee IPO was subscribed 124.74x. This high subscription shows strong investor interest in the company’s business of manufacturing flexible intermediate bulk containers (FIBCs), a critical part of various industries’ packaging solutions.
What does My Mudra Fincorp do?
My Mudra Fincorp acts as a distributor for banks and NBFCs, offering financial products such as home loans, business loans, personal loans, and credit cards. Its business model focuses on distribution through direct marketing, referrals, and franchise models, making it a significant player in financial product distribution.
What is the grey market premium (GMP) for Shree Tirupati Balajee IPO?
The grey market premium (GMP) for Shree Tirupati Balajee IPO is ₹25, indicating positive sentiment in the unofficial market. Investors expect the stock to list at approximately ₹108, a 30.12% premium to the issue price of ₹83.
What are the key strengths of Vision Infra Equipment Solutions?
Vision Infra’s strengths include a large fleet of modern construction equipment, a strong presence across India, and a robust order book. The company’s involvement in major infrastructure sectors like smart cities and road construction adds to its growth prospects.
When will My Mudra Fincorp IPO list on the stock exchange?
My Mudra Fincorp is scheduled to list on 12th September 2024 on the NSE SME platform. The company has garnered a strong subscription of 102.48x, reflecting strong demand from retail and institutional investors alike.
What are the objectives of Shree Tirupati Balajee’s IPO?
Shree Tirupati Balajee plans to use the funds raised from the IPO for capital expenditure, working capital requirements, and general corporate purposes, allowing the company to expand its production capacity and market reach.
What is the lot size for Vision Infra Equipment Solutions IPO?
The lot size for Vision Infra Equipment Solutions IPO is 800 shares, which means investors need to apply for a minimum of 800 shares per application.
👉 Learn Stock Market || Stocks Analysis
|| Learn Trading || IPO Updates
|| Join Whatsapp Channel
and read Stock Market related Blogs on Stockesta.com.
Disclaimer: The information provided on this website is for informational purposes only and should not be construed as financial or investment advice. Users are advised to do their own research and consult a qualified financial advisor before making any investment decisions.
Disclaimer: The information provided on this website is for informational purposes only and should not be construed as financial or investment advice. Users are advised to do their own research and consult a qualified financial advisor before making any investment decisions.
