New Delhi: Dalal Street is set to witness launch of 11 new IPOs next week. Two of these will be in the mainboard segment, while, other nine in the Small and Mediums Enterprise (SME) segment. These companies will altogether raise Rs 1,068.61 Crore from the primary market. The mainboard IPOs are of companies like KRN Heat Exchanger and Refrigeration Limited, Manba Finance Limited. While, some of the biggies in the latter subsume Sahasra Electronics Solutions Limited, TechEra Engineering Limited, Rappid Valves (India) Limited, etc.
New IPOs Next Week (Mainboard Segment)
| Issuer Company | Open Date | Close Date | Listing Date | Issue Price (Rs) | Issue Size (Rs Cr) | Lot Size | |
| KRN Heat Exchanger and Refrigeration Limited IPO | Sep 25, 2024 | Sep 27, 2024 | Oct 03, 2024 | 209.00 to 220.00 | 341.95 | 65 | |
| Manba Finance Limited IPO | Sep 23, 2024 | Sep 25, 2024 | Sep 30, 2024 | 114.00 to 120.00 | 150.84 | 125 | |
New IPOs Next Week (Mainboard Segment):
1. KRN Heat Exchanger and Refrigeration Limited IPO:
KRN Heat Exchanger and Refrigeration Ltd manufactures products for the Fast Moving Electronic Goods (FMEG) segment. Rs 341.95 Crore public issue will open for subscription on September 25, 2024 and close on September 27, 2024. It is entirely a fresh issue of 1.55 crore equity shares. Retail Investors can bid for a minimum of 65 shares and in multiples thereof. Minimum bid amount is Rs 14,300.
2. Manba Finance Limited IPO
Mumbai-based Non Banking Financial Company (NBFC) Manba Finance will roll out its public issue on September 2023. The issue is entirely a fresh issue of 1.26 crore shares. Minimum lot size is 125 shares. At upper limit of price band of Rs 114 to Rs 120, retail investors will have to bid for minimum of Rs 15,000 to get one single lot.
New IPOs Next Week (SME Segment):
| Issuer Company | Open Date | Close Date | Listing Date | Issue Price (Rs) | Issue Size (Rs Cr.) | Lot Size |
| Saj Hotels Limited IPO | Sep 27, 2024 | Oct 01, 2024 | Oct 07, 2024 | 65.00 | 27.63 | 2,000 |
| Divyadhan Recycling Industries Limited IPO | Sep 26, 2024 | Sep 30, 2024 | Oct 04, 2024 | 60.00 to 64.00 | 24.17 | 2,000 |
| Sahasra Electronics Solutions Limited IPO | Sep 26, 2024 | Sep 30, 2024 | Oct 04, 2024 | 269.00 to 283.00 | 186.16 | 400 |
| Forge Auto International Limited IPO | Sep 26, 2024 | Sep 30, 2024 | Oct 04, 2024 | 102.00 to 108.00 | 31.10 | 1,200 |
| TechEra Engineering LImited IPO | Sep 25, 2024 | Sep 27, 2024 | Oct 03, 2024 | 75.00 to 82.00 | 35.90 | 1,600 |
| Unilex Colours and Chemicals Limited IPO | Sep 25, 2024 | Sep 27, 2024 | Oct 03, 2024 | 82.00 to 87.00 | 31.32 | 1,600 |
| Thinking Hats Entertainment Solutions Limited IPO | Sep 25, 2024 | Sep 27, 2024 | Oct 03, 2024 | 42.00 to 44.00 | 15.09 | 3,000 |
| WOL 3D India Limited IPO | Sep 23, 2024 | Sep 25, 2024 | Sep 30, 2024 | 142.00 to 150.00 | 25.56 | 1,000 |
| Rappid Valves (India) Limited IPO | Sep 23, 2024 | Sep 25, 2024 | Sep 30, 2024 | 210.00 to 222.00 | 30.41 | 600 |
IPO Listings (Next Week)
Apart from the 11 new IPOs next week, the D-Street will also see 14 companies getting listed on the exchanges. Some of the successful public issues subsume Arkade Developers, Northern Arc Capital and Western Carriers.
Also Read: How To Check Arkade Developers IPO Allotment Status? Check Latest GMP, Subscription Status, Other Details!
Updated By
