As January comes to a close, the primary market is expected to be quieter but still active.
If you’re waiting for big mainboard IPOs, you might have to hold on a little longer—there are no major new issues scheduled between January 26-30.
However, the SME segment will remain lively, with six new IPOs opening for subscription and several companies preparing to debut on the stock market.
Spotlight on SME IPOs Next Week
Next week, all eyes are on the SME space, where six companies are set to launch their IPOs:
Kasturi Metal Composite: Opens Jan 27, closes Jan 29.
Raising Rs 17.61 crore via a fresh issue.
Price band: Rs 61-64. Expected listing: Feb 3.
NFP Sampoorna Foods: Opens Jan 27, closes Jan 29.
Issue size: Rs 24.53 crore, price band Rs 52-55.
Expected listing: Feb 3.
Kanishk Aluminium: Opens Jan 28, closes Jan 30.
Raising Rs 29.20 crore, priced at Rs 73 per share.
Listing expected: Feb 4.
Msafe Equipments: Opens Jan 28, closes Jan 30.
Total size: Rs 66.42 crore (fresh issue + offer for sale).
Price band: Rs 116-123.
Listing expected: Feb 4.
Accretion Nutraveda: Opens Jan 28, closes Jan 30.
Raising Rs 24.77 crore, price band Rs 122-129.
Listing expected: Feb 4.
CKK Retail Mart: Opens Jan 30, closes Feb 3.
Price band Rs 155-163.
Listing expected: Feb 6.
Upcoming Listings on SME Platforms
Several companies are also scheduled to list on SME exchanges next week:
Shadowfax Technologies: NSE & BSE listing on Jan 28
Digilogic Systems: BSE SME listing on Jan 28
KRM Ayurveda: NSE SME listing on Jan 29
Shayona Engineering: BSE SME listing on Jan 30
Hannah Joseph Hospital: BSE SME listing on Jan 30
Even though the mainboard may be quiet, the SME space offers plenty of opportunities for investors to explore new companies and diversify their portfolios.
Keep an eye on these IPOs if you want to participate in India’s growing small and medium enterprise sector.
