3 IPOs will be launched in the primary market this week, shares of 8 companies will be listed.
New Delhi, 01 December (Hindustan Reporter). There is going to be a stir in the primary market during the trading week starting from Monday with the launch of 3 new IPOs. Apart from this, investors will also be able to bid in the 3 IPOs launched on 28th and 29th November till Monday and Tuesday. Shares of 8 companies are also going to be listed in the stock market during the trading week starting from December 02.
The Rs 353 crore IPO of PropShare Platina, the first scheme of Properties Share Investment Trust, India’s first registered small and medium real estate investment trust (REIT), is scheduled to be launched tomorrow on 02 December. This IPO is also being called Properties Share REIT IPO. Under the IPO, the price band of Rs 10 lakh to Rs 10.5 lakh per unit has been fixed. This IPO will close on 04 December. Units of this scheme of Properties Share Investment Trust can be bought or saved on the National Stock Exchange and Bombay Stock Exchange from 09 December.
This week, on Wednesday 04 December, the IPO of Rs 114.24 crore of Nices Finance Services will be launched. Bidding can be done in this IPO till 06 December. Under the IPO, the price band of Rs 170 to Rs 180 per share has been fixed, while the lot size is 800 shares. The listing of the company’s shares will take place on BSE and NSE on December 11.
Emerald Tire Manufacturers’ IPO worth Rs 49.26 crore will open for subscription on Thursday 5th December this week. Bidding in this IPO can be done till 9th December next week. The price band for bidding under IPO has been fixed at Rs 90 to Rs 95 per share, while the lot size is 1,200 shares. The company’s shares will be listed on the SME platform of the National Stock Exchange on December 12.
Apart from these, the IPO of Rs 62.64 crore of Aggarwal Toughened Glass India, which opened last week on 28th November, can be bid till Monday 02nd December. Under the IPO, the price band of Rs 105 to 108 per share has been fixed, while the lot size is 1,200 shares. The company’s shares will be listed on the SME platform of the National Stock Exchange on December 05.
Similarly, there is a chance to bid for the IPOs of Suraksha Diagnostic and Ganesh Infra World, launched on October 29, till Tuesday, December 3. In the IPO of Suraksha Diagnostics, the price band has been fixed at Rs 420 to Rs 441 per share, while the lot size is 34 shares. The shares of the company will be listed on BSE and NSE on 06 December. Similarly, under the IPO of Ganesh Infra World, the price band of Rs 78 to 83 per share has been fixed, while the lot size is 1,600 shares. The company’s shares will be listed on the SME platform of the National Stock Exchange on 06 December.
During the trading week starting from tomorrow, 08 companies are going to enter the stock market through share listing. Among these, shares of Rajesh Power Services will be listed on the SME platform of BSE tomorrow on 02 December. Similarly, on December 03, shares of C2C Advanced Systems and Rajputana Biodiesel will be listed on the SME platform of NSE. The next day on 4th December, shares of Abha Power & Steel and Apex Ecotech will be listed on the SME platform of NSE. Shares of Aggarwal Toughened Glass India will be listed on the SME platform of NSE on Thursday 05 December. Similarly, on December 6, the last trading day of the week, shares of Suraksha Diagnostics will be listed on BSE and NSE, while shares of Ganesh Infra World will be listed on the SME platform of NSE.
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Hindustan News / Yogita Pathak
