List of IPOs closing and opening this week: Net Avenue Technologies IPO to Sheetal Universal IPO | Markets News

By Cross Talk India Team On Dec 5, 2023

List of IPOs closing and opening this week: Net Avenue Technologies IPO to Sheetal Universal IPO

Upcoming IPOs: Sheetal Universal IPO and Accent Microcell IPO (Pic: News9live)

Mumbai: The first week of December 2023 is witnessing a huge buzz around IPOs. While Net Avenue Technologies IPO, Marinetrans India IPO and Graphisads Ltd IPO will close for bidding on December 4 and December 5 respectively. Sheetal Universal IPO and Accent Microcell IPO will open for subscription this week.

List of IPOs that closes for subscription and new listings

Sheetal Universal IPO

Sheetal Universal IPO, a fixed price issue of Rs 23.80 crores, will open for subscription on December 4, 2023 and close on December 6. The IPO of the agricultural commodities supplier is entirely a fresh issue of 34 lakh equity shares.
Sheetal Universal IPO price is set at Rs 70 per share and an investor has to apply for a minimum lot size of 2000 shares. The minimum investment amount required by retail investors is Rs 140,000.

Accent Microcell IPO

Accent Microcell IPO will open for subscription on December 8, 2023 and close on December 12. The IPO of Accent Microcell Limited will list on NSE SME. Accent Microcell IPO, a book built issue of Rs 78.40 crores, is entirely a fresh issue of 56 lakh shares.

Accent Microcell IPO price band is fixed at Rs 133 to Rs 140 per share. An investor has to apply for a minimum lot size of 1000 shares and the minimum amount of investment required by retail investors is Rs 140,000.

Net Avenue Technologies IPO

Net Avenue Technologies IPO closes for subscription on December 4 i.e. Monday. Net Avenue Technologies IPO is expected to be listed on NSE SME on December 12, 2023. The IPO price band is set at Rs 16 to Rs 18 per share. An investor has to apply for a minimum lot size of 8000 shares. The minimum amount of investment required by retail investors is Rs 144,000.

According to the latest data available, the Net Avenue Technologies IPO has received a superb response and has been subscribed over 54.58 times. The Net Avenue IPO GMP is Rs 7, as per latest reports.

Marinetrans India Limited IPO

Marinetrans India Limited IPO will close for subscription on December 5, 2023. The IPO is a fixed price issue of Rs 10.92 crores and will get listed on NSE SME. The issue is entirely a fresh issue of 42 lakh shares. Marinetrans India IPO price is fixed at Rs 26 per share. The minimum lot size is 4000 shares and the minimum amount of investment required is Rs 104,000.

Marinetrans India IPO GMP was Rs 0 that means that the shares of the company are trading at no premium in the grey market.