The IPO market is becoming active again. This week, eight companies are launching their IPOs. However, all of them belong to the SME segment,
and no new IPO is coming in the mainboard segment yet. The last mainboard IPO was launched on May 5.
Here is a detailed look at the IPOs opening this week.
1. NFP Sampoorna Foods IPO
The size of the IPO is ₹24.53 crore. The company will issue 45 lakh fresh shares through this IPO.
IPO Open Date: May 18 to May 20
Price Band: ₹52 to ₹55 per share
In the grey market, the IPO was trading at a premium of ₹8.
2. Teamtech Formwork Solutions IPO
The company’s IPO size is ₹50.15 crore. It will issue 80 lakh fresh shares through the IPO.
IPO Open Date: May 19 to May 21
Price Band: ₹61 to ₹63 per share
The IPO is currently trading at zero premium in the grey market.
3. Vegorama Punjabi Angithi IPO
This SME IPO is worth ₹38.38 crore. The company will issue 40 lakh fresh shares.
IPO Open Date: May 20 to May 26
Price Band: ₹73 to ₹77 per share
The IPO is trading at a grey market premium of ₹13.
4. Harikanta Overseas IPO
The company’s IPO size is ₹25.63 crore.
IPO Open Date: May 20 to May 22
Price Band: ₹91 to ₹96 per share
The IPO is trading at zero premium in the grey market.
More IPOs Opening This Week
5. Bio Medica Laboratories IPO
The IPO size is ₹52.43 crore.
IPO Open Date: May 21 to May 25
Price Band: ₹132 to ₹139 per share
6. Autofurnish IPO
The company’s IPO size is ₹14.60 crore. The IPO will open from May 21 to May 25.
Price Band: ₹41 per share
The IPO is trading at zero premium in the grey market.
7. Q-Line Biotech IPO
The IPO size is ₹214.48 crore. The company will issue 63 lakh shares through the IPO.
Price Band: ₹326 to ₹343 per share
The IPO is trading at a grey market premium of ₹42.
8. MR Maniveni Foods IPO
The IPO size is ₹27.04 crore. The company will issue 52 lakh shares through the IPO.
IPO Open Date: May 22 to May 26
Price Band: ₹51 to ₹52 per share
The IPO is trading at zero premium in the grey market.
