If you are planning to invest in IPOs, this week could be an important one for you.
Several companies are entering the primary market, giving investors multiple opportunities to consider.
During the trading week starting August 10, new IPOs from both the mainboard and SME segments will open for subscription.
Investors can also apply for some IPOs that opened last week and are still available.
5 Mainboard IPOs Opening This Week
Milky Mist Dairy Foods IPO
Milky Mist Dairy Foods will open its IPO for subscription from August 11 to August 13. The total issue size is ₹1,533 crore, while the price band has been fixed at ₹133 to ₹140 per share.
Share allotment is expected on August 14, while the company’s shares are scheduled to list on the BSE and NSE on August 18.
Dhoot Transmission IPO
Dhoot Transmission’s IPO will open on August 10 and close on August 12. The company has set a price band of ₹829 to ₹871 per share.
The IPO is also reportedly trading at a premium of ₹259 in the grey market.
Molbio Diagnostics IPO
Molbio Diagnostics is also entering the IPO market on August 10. Investors can subscribe to the issue until August 12.
The price band has been set at ₹768 to ₹807 per share. The IPO includes a fresh issue as well as an Offer for Sale (OFS).
Shiprocket IPO
E-commerce logistics platform Shiprocket will open its IPO from August 12 to August 14. Its price band has been fixed at ₹92 to ₹97 per share.
The IPO will open for anchor investors on August 11. The company plans to issue new shares worth ₹885 crore, while promoters will sell shares worth ₹732 crore through an OFS.
Behari Lal Engineering IPO
Behari Lal Engineering’s ₹301.62 crore IPO will open on August 12 and close on August 14.
The metal roll manufacturing company has fixed the IPO price band at ₹271 to ₹285 per share.
SME IPOs Investors Can Watch
Pramodini Medicare IPO
Pramodini Medicare’s SME IPO will be available for subscription from August 12 to August 14.
The price band has been fixed at ₹110 to ₹118 per share, while the lot size is 1,200 shares.
Fascinate Textiles IPO
Fascinate Textiles will open its SME IPO on August 11, with bidding continuing until August 13.
The IPO size is ₹66.98 crore, and the price band has been set at ₹148 to ₹156 per share.
These IPOs Are Already Open
Apart from the new IPOs opening this week, investors can also look at LEAP India IPO and Technocraft Ventures IPO.
Both IPOs opened last week and will remain available for subscription until August 11.
With several mainboard and SME issues opening around the same time, IPO investors will have plenty of choices this week.
However, investors should carefully check company fundamentals, valuations, risks and other IPO details before applying.
