The week starting from October 9 is expected to be relatively quiet in the IPO market, with Gujarat-based Arvind & Company Shipping Agency set to open its IPO for subscription.
The company, known for marine vessel and auxiliary equipment services, aims to enter the hospitality sector.
Arvind & Company Shipping Agency IPO Key Information
- The Arvind & Company Shipping Agency IPO is part of the SME segment, with a size of Rs 14.74 crore.
- Subscription opens from October 12-16 at a price band of Rs 45 per share.
- Fresh issue of 32.76 lakh shares, with lot sizes of 3000 shares available for investors.
- Allotment expected on October 17 or 18, listing scheduled for October 19.
- Beeline Capital Advisors Pvt Ltd is the book running lead manager, and Skyline Financial Services Pvt Ltd is the registrar to the issue.
Committed Cargo Care IPO Nears Conclusion
Committed Cargo Care, offering integrated logistics services, is set to close its IPO on October 10 after strong demand.
Upcoming IPO Listings
Several companies are gearing up for listings in the coming week:
Mainboard Segment Listings:
- Plaza Wires – Debuting on October 13.
- Arabian Petroleum – Listing on October 9.
- E Factor Experiences – Listing on October 9.
- City Crops Agro – Debuting on October 10.
- Goyal Salt – Listing on October 10.
- Contour Space – Listing on October 10.
- OneClick Logistics India – Listing on October 11.
- Canary Automation – Listing on October 11.
SME Segment Listings:
- Vivaa Tradecom – Debuting on October 12.
- Vishnusurya Projects & Infra – Listing on October 12.
- Sharp Chucks & Machines – Listing on October 12.
- Plada Infotech Services – Listing on October 12.
- Karnika Industries – Listing on October 13.
- Sunita Tools – Scheduled for October 9 (awaiting exchange confirmation).
This news roundup provides a snapshot of the upcoming IPOs and listings in the Indian market for the week ahead.