It’s another action-packed week for the primary market. The listing of the much-awaited NTPC Green Energy IPO is scheduled for November 27, which will be followed by Enviro Infra Engineering on November 29 after the IPO closes on November 26. However, there are no new IPO launches in the mainboard segment this week. The SME segment will see six new IPOs this week. Here are upcoming IPOs this week:
SME IPOs
Rajesh Power Services IPO
Rajesh Power Services IPO aims to raise Rs 160.47 crore by selling fresh shares and existing shareholders’ shares. The IPO opens on November 25 and closes on November 27. The IPO price band has been fixed between Rs 319 to Rs 335 per equity share.
Rajputana Biodiesel IPO
Rajputana Biodiesel IPO will raise Rs 24.70 crore by selling 19 lakh fresh shares. The IPO opens for subscription on November 26 and closes on November 28. The allotment of shares is expected to be finalised on November 29. The IPO price band ranges between Rs 123 to Rs 130 per equity share.
Apex Ecotech IPO
Apex Ecotech IPO aims to raise Rs 25.54 crore in the last week of November 2024. The issue will sell 35 lakh fresh shares of the company. The IPO opens on November 27 and closes on November 29. The allotment of shares is expected to be finalised on December 2. The listing on the NSE SME platform will likely be on December 4. It set the IPO price band in a range of Rs 71 to Rs 73 per equity share.
Abha Power and Steel IPO
Abha Power and Steel IPO is a fixed price issue of Rs 38.54 crore, which will sell fresh shares as well as shares of promoters and other selling shareholders. The IPO opens for subscription on November 27 and closes on November 29. The allotment of shares is expected to be finalised on December 2. The IPO price is Rs 75 per share.
Agarwal Toughened Glass India IPO
Agarwal Toughened Glass India IPO aims to raise Rs 62.64 crore by selling 58 lakh fresh shares. The IPO opens for subscription on November 28 and closes on December 2. The allotment shares are expected to be finalised on December 3. The IPO has been priced in a range of Rs 105 to Rs 108 per equity share.
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