September 2024 is an exciting time for the primary market, with several new initial public offerings (IPOs) planned across both the mainboard and SME segments.
Investors can expect significant opportunities, with big names like Bajaj Housing Finance and Shree Tirupati Balajee Agro Trading Company making their IPO debut.
Key IPOs to Watch
Bajaj Housing Finance IPO
The much-anticipated Rs 6,500-crore Bajaj Housing Finance IPO will open for public subscription on September 9 and close on September 11.
Anchor investors can start bidding on September 6. Bajaj Finance owns 100% of Bajaj Housing, while Bajaj Finserv holds a 51.34% stake in Bajaj Finance.
Shree Tirupati Balajee Agro Trading Company IPO
This Madhya Pradesh-based company’s IPO will be open for subscription from September 5 to September 9.
The company aims to raise Rs 169.65 crore. The anchor book for this offer will be available for a day on September 4.
Other Notable IPOs in September
Tolins Tyres: A Kerala-based tyre manufacturer, Tolins Tyres, will launch its Rs 230-crore IPO on September 9.
Mach Conferences and Events: This company’s IPO will be available from September 4 to 6, with a price range of Rs 214-225 per share, aiming to raise Rs 125.28 crore.
Solar91 Cleantech Limited: Set to debut on the BSE SME platform, Solar91 aims to raise around Rs 100 crore by issuing 54.36 lakh fresh equity shares on September 2.
Namo eWaste Management: Based in New Delhi, Namo eWaste offers e-waste management services
and will launch its Rs 51.2-crore IPO from September 4 to 6, with shares priced between Rs 80-85.
My Mudra Fincorp: Specializing in financial products, My Mudra Fincorp will open its IPO on September 5, with a price range of Rs 104-110 per share.
Naturewings Holidays: This Kolkata-based company will have its IPO open for subscription from September 3 to 5.
Ongoing IPOs in September 2024
Several IPOs are already underway:
Baazar Style Retail: Bidding is open until September 3, with shares set to list on September 6.
Gala Precision Engineering: The subscription period ends on September 4, with shares listing on September 9.
Jeyyam Global Foods: Bidding concludes on September 4, and shares will be listed on September 9.
Boss Packaging Solutions: The IPO will close on September 3, with shares listed on September 6.
As the month progresses, additional companies may also file their IPO documents with SEBI. Investors can look forward to a dynamic and active market in September.
