This week, which starts on April 1, there won’t be any new IPOs launching. However, investors will have the chance to invest in 3 IPOs that are already open.
Two of these IPOs will close on April 2, while the third will close on April 3. All three IPOs are from the SME segment. Additionally, shares of 4 companies will be listed this week.
The new week begins on April 1, as Monday, March 31, is a holiday for Eid ul-Fitr. The financial year 2024-25 ends on March 31, and the new financial year 2025-26 starts on April 1.
3 IPOs Already Open
Retaggio Industries IPO:
This IPO, valued at Rs 15.50 crore, opened on March 27 and will close on April 2. It has been subscribed 0.84 times so far.
The IPO will issue 61.98 lakh new shares at Rs 25 per share, with a lot size of 6000. Allotments will be finalized on April 3, and the shares are expected to list on BSE SME on April 7.
Spinaroo Commercial IPO:
With a size of Rs 0.17 crore, this IPO opened on March 28 and has been subscribed 0.16 times. It will issue 19.94 lakh new shares at Rs 51 per share, with a lot size of 2000.
The IPO closes on April 3, and allotments will be finalized on April 4. Shares are expected to list on BSE SME on April 8.
Infonative Solutions IPO:
Also opening on March 28, this IPO aims to raise Rs 24.71 crore. It will issue 31.28 lakh new shares at a price range of Rs 75-79 per share, with a lot size of 1600.
The IPO has been subscribed 0.52 times so far. Allotments will be finalized on April 4, and shares are expected to list on BSE SME on April 8.
Companies Listing This Week
Desco Infratech: Shares will be listed on BSE SME on April 1.
Shri Ahimsa Naturals and ATC Energies: These will list on NSE SME on April 2.
Identixweb: Shares will be listed on BSE SME on April 3.
