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Discover the Upcoming IPO This Week: 9th to 13th September 2024
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.
Upcoming IPO This Week
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
- Open Date: September 5, 2024
- Close Date: September 9, 2024
- Listing Date: September 12, 2024
- Issue Price: ₹83 per share
- Issue Size: ₹169.65 crore
- Lot Size: 180 shares
- Exchange: BSE, NSE
IPOs Closing on September 10, 2024
3. Vision Infra Equipment Solutions Limited IPO
- Open Date: September 6, 2024
- Close Date: September 10, 2024
- Listing Date: September 13, 2024
- Price Band: ₹155 to ₹163 per share
- Issue Size: ₹106.21 crore
- Lot Size: 800 shares
- Exchange: NSE SME
Also Read: When Can a Company Go for IPO in India
IPOs Closing on September 11, 2024
4. Bajaj Housing Finance Limited IPO
- Open Date: September 9, 2024
- Close Date: September 11, 2024
- Listing Date: September 16, 2024
- Price Band: ₹66 to ₹70 per share
- Issue Size: ₹6,560 crore
- Lot Size: 214 shares
- Exchange: BSE, NSE
5. Tolins Tyres Limited IPO
- Open Date: September 9, 2024
- Close Date: September 11, 2024
- Listing Date: September 16, 2024
- Price Band: ₹215 to ₹226 per share
- Issue Size: ₹230 crore
- Lot Size: 66 shares
- Exchange: BSE, NSE
6. Aditya Ultra Steel Limited IPO
- Open Date: September 9, 2024
- Close Date: September 11, 2024
- Listing Date: September 16, 2024
- Price Band: ₹59 to ₹62 per share
- Issue Size: ₹45.88 crore
- Lot Size: 2,000 shares
- Exchange: NSE SME
7. Kross Limited IPO
- Open Date: September 9, 2024
- Close Date: September 11, 2024
- Listing Date: September 16, 2024
- Price Band: ₹228 to ₹240 per share
- Issue Size: ₹500 crore
- Lot Size: 62 shares
- Exchange: BSE, NSE
8. Shubhshree Biofuels Energy Limited IPO
- Open Date: September 9, 2024
- Close Date: September 11, 2024
- Listing Date: September 16, 2024
- Price Band: ₹113 to ₹119 per share
- Issue Size: ₹16.56 crore
- Lot Size: 1,200 shares
- Exchange: NSE SME
9. Share Samadhan Limited IPO
- Open Date: September 9, 2024
- Close Date: September 11, 2024
- Listing Date: September 16, 2024
- Price Band: ₹70 to ₹74 per share
- Issue Size: ₹24.06 crore
- Lot Size: 1,600 shares
- Exchange: BSE SME
10. Gajanand International Limited IPO
- Open Date: September 9, 2024
- Close Date: September 11, 2024
- Listing Date: September 16, 2024
- Issue Price: ₹36 per share
- Issue Size: ₹20.65 crore
- Lot Size: 3,000 shares
- Exchange: NSE SME
Also Read: Benefits and Risks of Investing in IPOs
IPOs Closing on September 12, 2024
11. P N Gadgil Jewellers Limited IPO
- Open Date: September 10, 2024
- Close Date: September 12, 2024
- Listing Date: September 17, 2024
- Price Band: ₹456 to ₹480 per share
- Issue Size: ₹1,100 crore
- Lot Size: 31 shares
- Exchange: BSE, NSE
12. SPP Polymer Limited IPO
- Open Date: September 10, 2024
- Close Date: September 12, 2024
- Listing Date: September 17, 2024
- Issue Price: ₹59 per share
- Issue Size: ₹24.49 crore
- Lot Size: 2,000 shares
- Exchange: NSE SME
13. Trafiksol ITS Technologies Limited IPO
- Open Date: September 10, 2024
- Close Date: September 12, 2024
- Listing Date: September 17, 2024
- Price Band: ₹66 to ₹70 per share
- Issue Size: ₹44.87 crore
- Lot Size: 2,000 shares
- Exchange: BSE SME
IPOs Closing on September 13, 2024
14. Excellent Wires and Packaging Limited IPO
- Open Date: September 11, 2024
- Close Date: September 13, 2024
- Listing Date: September 19, 2024
- Issue Price: ₹90 per share
- Issue Size: ₹12.60 crore
- Lot Size: 1,600 shares
- Exchange: NSE SME
15. Innomet Advanced Materials Limited IPO
- Open Date: September 11, 2024
- Close Date: September 13, 2024
- Listing Date: September 18, 2024
- Issue Price: ₹100 per share
- Issue Size: ₹34.24 crore
- Lot Size: 1,200 shares
- Exchange: NSE SME
IPOs Closing on September 17, 2024
16. Envirotech Systems Limited IPO
- Open Date: September 13, 2024
- Close Date: September 17, 2024
- Listing Date: September 20, 2024
- Price Band: ₹53 to ₹56 per share
- Issue Size: ₹30.24 crore
- Lot Size: 2,000 shares
- Exchange: NSE SME
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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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.
