IPO This Week: 3 New IPOs to Open from June 9,One Company to Be Listed

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.

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As for new listings, only one company will make its debut on the stock market, and it’s also from the SME segment.

Here’s everything you need to know about these upcoming IPOs and the company set to list:

New IPOs Opening This Week

1. Sacheerome IPO

  • Opening Date: June 9

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  • Closing Date: June 11

  • Issue Size: ₹61.62 crore

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  • 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.

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