Upcoming IPO: If you like to invest in Initial Public Offer (IPO) then you will get many opportunities this week. In fact, this week IPOs of 5 companies will open for subscription. The list includes Global Surfaces, Bright Outdoor Media, Nirman Agri Genetics, Labelcraft Technologies, and Quality Foils. Of these, 4 are SME IPOs. SME IPO is also a way to raise money. In this, the Small and Medium Enterprises company has an opportunity to raise money by selling shares. After this, the companies get listed on the BSE SME or NSE Emerge platform. Here we have given complete details related to these IPOs.
Upcoming IPO: Bright Outdoor Media IPO
Bright Outdoor Media wants to raise Rs 52.64 crore through this IPO. The IPO will open for subscription on Tuesday, March 14. Investors will be able to invest in it till March 17, 2023. The issue price has been fixed at Rs 146 per share for this. Investors have to buy at least 1000 shares. Its listing will be on NSE SME.
Upcoming IPO: Labelkraft Technologies IPO
Labelcraft Technologies wants to raise Rs 4.51 crore through this IPO. This IPO will open for subscription on Monday, March 13 and investors will be able to invest in it till March 15, 2023. The issue price for this is Rs 55. Investors have to bid for at least 2000 shares. Post issue, the promoters’ holding will be 73.16%. The company will be listed on BSE SME.
Nirman Agri Genetics IPO
The size of the IPO of Nirman Agri Genetics is Rs 19.27 crore. It will open for subscription on March 15 and close on March 20, 2023. The issue price has been fixed at Rs 99. Post issue, the promoters’ holding will be 65.59%. The listing of this issue will be on NSE SME.
Quality Foils IPO
The company wants to raise Rs 4.30 crore through the IPO of Quality Foils. The issue will open for subscription on Tuesday, March 14, 2023, and close on March 16, 2023. The issue price has been fixed at Rs 60. It is necessary to apply for at least 2000 shares. Post issue, the promoters’ holding will be 53.57 percent. The listing of this company will be on NSE SME.
Global surface IPO
The company plans to raise Rs 154.98 crore through the Global Surface IPO. It is scheduled to open for subscription on March 13 and close on March 15, 2023. The price band for this has been kept at Rs 133-140. The lot size for this is 100 shares. An individual retail investor can apply for up to 14 lots (1400 shares or Rs.1,96,000).
MORE FOR YOU
