The Indian stock market has seen some ups and downs recently, leaving investors cautious. However, the upcoming week promises excitement with six new IPOs set to launch.
Adding to the buzz, four companies, including NTPC Green Energy, will be listed. If you’re planning to invest, here’s a detailed overview of these IPOs.
Key Details About the Upcoming IPOs
Rajesh Power Services IPO
Opening Date: 25 November 2024
Closing Date: 27 November 2024
Total Fundraising: Rs 160.47 crore
Price Band: Rs 319 to Rs 335 per share
Offer Details: 27.9 lakh fresh shares worth Rs 93.47 crore and 20 lakh shares under Offer for Sale (OFS) worth Rs 67 crore.
Minimum Investment: Rs 1.34 lakh
Abha Power and Steel Limited IPO
Opening Date: 27 November 2024
Closing Date: 29 November 2024
Total Fundraising: Rs 38.54 crore
Price Band: Rs 75 per share
Offer Details: 41.39 lakh new shares worth Rs 31.04 crore and 10 lakh shares under OFS.
Pex Ecotech Limited IPO
Opening Date: 27 November 2024
Closing Date: 29 November 2024
Total Fundraising: Rs 25.54 crore
Price Band: Rs 71 to Rs 73 per share
More IPOs to Watch Out For
Ganesh Infraworld Limited IPO
Opening Date: 29 November 2024
Closing Date: 3 December 2024
Total Fundraising: Rs 98.58 crore
Price Band: Rs 78 to Rs 83 per share
Minimum Investment: Rs 1,32,800 (for one lot of 1600 shares)
Rajputana Biodiesel IPO
Opening Date: 26 November 2024
Closing Date: 28 November 2024
Total Fundraising: Rs 24.70 crore
Price Band: Rs 123 to Rs 130 per share
Agrawal Toughened Glass India Limited IPO
Opening Date: 28 November 2024
Closing Date: 2 December 2024
Total Fundraising: Rs 62.64 crore
Price Band: Rs 105 to Rs 108 per share
Offer Details: 58 lakh new shares will be issued; no shares under OFS.
Expected Listing Date: 5 December 2024
Final Thoughts
These IPOs are generating significant interest among investors seeking fresh opportunities. Ensure you thoroughly research
and analyze before making any investment decisions. The market is ready to present some exciting possibilities!