Active Stocks
Sat Mar 02 2024 12:49:58
  1. Tata Steel share price
  2. 155.15 3.43%
  1. HDFC Bank share price
  2. 1,430.35 -0.06%
  1. State Bank Of India share price
  2. 773.05 0.49%
  1. Tata Motors share price
  2. 988.40 1.15%
  1. Wipro share price
  2. 522.65 0.67%
Business News/ Markets / Stock Markets/  IPOs this week: From Sheetal Universal to Accent Microcell — 5 new issues, 1 listing to keep primary market buzzing
BackBack

IPOs this week: From Sheetal Universal to Accent Microcell — 5 new issues, 1 listing to keep primary market buzzing

The first week of December 2023 will also remain packed with some new listings and IPOs in both main-board and SME segments, which will be available for subscription.

Five IPOs to keep primary market buzzing next week. Photo: iStock (iStock)Premium
Five IPOs to keep primary market buzzing next week. Photo: iStock (iStock)

The primary market witnessed some bumper listings in both main-board and small-medium enterprise (SME) segments last month, including Tata Technologies, Gandhar Oil Refinery, which kept investors engaged with subscriptions and listings.

Commenting on the IPO market last month, Vinod Nair, Head of Research at Geojit Financial Services, said, “The IPO market maintained its vibrancy, highlighted by Tata Technology's monumental listing, fostering increased investor confidence in riskier assets."

The first week of December 2023 will also remain packed with some new listings and IPOs in both main-board and SME segments, which will be available for subscription.

Among ongoing issues, Net Avenue Technologies IPO will close for bidding on Monday, December 4, Marinetrans India IPO and Graphisads Ltd IPO will close on Tuesday, December 5.

Here’s a list of IPOs which will remain open for subscription next week, along with new listings —

Sheetal Universal IPO

Sheetal Universal Ltd, the agricultural commodities supplier, will open for subscription on December 4 and will close on December 6. 

IPO issue size is 23.80 crore which is entirely a fresh issue of 34 lakh equity shares. The IPO price band is fixed at 70 per share. The IPO lot size is 2,000 shares and the minimum investment amount required by retail investors is 140,000.

Accent Microcell IPO

Accent Microcell IPO will open for subscription on December 8, 2023 and will close on December 12, 2023. The IPO will list on NSE SME with a tentative listing date fixed as Friday, December 15, 2023.

The price band for the SME IPO has been fixed 133 to 140 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is 140,000. 

Net Avenue Technologies IPO

Net Avenue Technologies IPO opened for subscription on November 30 and will close on December 4. It is a book-built issue of 10.25 crores and an entirely fresh issue of 56.96 lakh shares.

Net Avenue Technologies IPO price band is set at 16 to 18 per share. The minimum lot size for an application is 8000 shares.

Marinetrans India Limited IPO

Marinetrans India IPO bidding opened for subscription on November 30 and will close on December 5. The allotment for the Marinetrans India IPO is expected to be finalized on Friday, December 8, 2023.

The IPO price band has been fixed at  26 per share. The minimum lot size for an application is 4000 shares for retail investors, with minimum amount of investment required of 104,000.

Graphisads Limited IPO

Graphisads IPO opened for bidding on November 30 and will close on December 5. The IPO is a fixed price issue of 53.41 crores and is entirely a fresh issue of 48.12 lakh shares.

Graphisads IPO price is 111 per share. The minimum lot size for an application is 1200 shares. The minimum amount of investment required by retail investors is 133,200. 

New Listings

Swastik Plascon IPO 

Swashthik Plascon IPO bidding started from November 24, 2023 and ended on November 29, 2023. The allotment for the Swashthik Plascon IPO is expected to be finalized on Monday, December 4. The IPO will list on BSE SME with a tentative listing date fixed as Thursday, December 7.

 

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Check all the latest action on Budget 2024 here. Download The Mint News App to get Daily Market Updates.
More Less
Published: 03 Dec 2023, 09:32 AM IST
Next Story footLogo
Recommended For You
GENIE RECOMMENDS

Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!

Let’s get started
Switch to the Mint app for fast and personalized news - Get App

Chat with MintGenie