The primary market will remain relatively quiet in the week starting June 9. There will be three new IPOs, all from the SME segment.
No public issue is opening on the mainboard. Also, no existing IPO will be closing during this period.
As for new listings, only one company will make its debut on the stock market, and it’s also from the SME segment.
New IPOs Opening This Week
1. Sacheerome IPO
Opening Date: June 9 | Closing Date: June 11
Issue Size: ₹61.62 crore | Fresh Issue: 60.41 lakh shares
- Price Band: ₹96–₹102 per share | Lot Size: 1200 shares
Allotment Date: June 12
Listing Date: June 16 on NSE SME
2. Jainik Power and Cables IPO
Opening Date: June 10
Closing Date: June 12
Issue Size: ₹51.30 crore
Fresh Issue: 46.63 lakh shares
Price Band: ₹100–₹110 per share
Lot Size: 1200 shares
Allotment Date: June 13
Listing Date: June 17 on NSE SME
3. Monolithisch India IPO
Opening Date: June 12
Closing Date: June 16
Issue Size: ₹82.02 crore
Fresh Issue: 57.36 lakh shares
Price Band: ₹135–₹143 per share
Lot Size: 1000 shares
Allotment Date: June 17
Listing Date: June 19 on NSE SME
Upcoming Listing
Ganga Bath Fittings
Listing Date: June 11
Platform: NSE SME
IPO Size: ₹32.65 crore
IPO Dates: June 4–6
Subscription Status:
QIBs: 2.22 times
Non-Institutional Investors: 0.73 times
Retail Investors: 2.55 times
Overall: 1.64 times subscribed
In summary, all IPO activity this week will be limited to the SME space, with no mainboard IPOs in sight.
Investors looking to explore SME IPO opportunities should watch these new issues closely.
